Crypto

GameStop shares fall 10% after buying $500 million in bitcoin

News Crypto 05-29-2025 at 18:02 comment
American video game retailer GameStop announced investments in cryptocurrencies earlier this year, which led to a 20% rise in the price of its shares. Later, the company confirmed that it would spend $1.3 billion on general corporate needs, including the purchase of bitcoins. On May 28, GameStop announced that it had purchased 4,710 BTC for $500…

Pakistan to create a national bitcoin reserve

News Crypto 05-29-2025 at 17:31 comment
Pakistani authorities in April has appointed Binance founder Changpeng CZ Zhao as a strategic advisor on cryptocurrencies. In May, the country announced that it would create its own bitcoin reserve. This was announced at the Bitcoin 2025 conference by Bilal Bin Saqib, chairman of the Cryptocurrency Council of Pakistan. During a speech in Las Vegas,…

Cetus Protocol attack: how hackers managed to steal $223 million

Articles Crypto 05-29-2025 at 16:30 comment
On May 22, hackers found a vulnerability in the business logic of the Cetus protocol smart contract targeting CLMM pools Cetus is the largest decentralized exchange (DEX) on the Sui blockchain and the largest liquidity aggregator on the network. Due to the bug found cybercriminals managed to extract $223 million from Cetus Protocol. This led…

Grayscale launches a new investment fund with 20 AI tokens

News Crypto 05-28-2025 at 17:59 comment
Leading crypto asset management company Grayscale Investments announced the launch of a new investment fund called Grayscale Decentralized AI Fund. This fund is aimed at investing in cryptocurrency projects that combine blockchain technology and artificial intelligence (AI).

Three investors detained in the US for kidnapping and torturing a 28-year-old Italian crypto millionaire

News Crypto 05-28-2025 at 15:22 comment
Quantity physical crimes related to cryptocurrencycontinues to grow. The latest high-profile case occurred in the United States. Two suspects were taken into custody in the case of the kidnapping and torture of Italian cryptocurrency millionaire Michele Valentino Teofrasto Carturan in Manhattan. The detainees include well-known crypto investors…

The Financial Times’ «dumb writers» were right: Trump Media suddenly remembers that it will buy $2.5 billion worth of bitcoin after all

News Crypto 05-27-2025 at 17:18 comment
Trump family media company Trump Media and Technology Group (TMTG), the company behind Truth Social, wants to raise about $2 billion in new capital and another $1 billion through convertible bonds. These funds will be used to buy bitcoin and other cryptocurrencies, six insiders told the Financial Times. The publication added that the terms,…

Popular DeFi platform Alpaca Finance will close after 4 years of operation

News Crypto 05-27-2025 at 16:17 comment
Alpaca Finance, a decentralized lending platform, has decided to close. This applies to all products. Alpaca Finance — the largest platform DeFi products on the BNB Chain and Fantom with high leverage.

Upbit Exchange Suspends Deposits and Withdrawals of STX and REI Tokens

News Crypto 05-27-2025 at 01:38 comment
The South Korean cryptocurrency exchange Upbit, popular among arbitrageurs, has warned of a temporary suspension of STX token deposit and withdrawal services due to problems with the Stacks network. This is due to a delay in the creation of blocks on the Stacks blockchain network (Bitcoin L2), which made transactions unstable.

Bitwise: $426.9 billion will be spent on bitcoin funds by 2026

News Crypto 05-27-2025 at 01:16 comment
Demand from investors, including large public companies and governments, that open bitcoin reserves, crypto funds, exchange-traded funds (ETFs) will cause significant capital inflows to BTC in the coming years. According to Bitwise, a cryptocurrency index fund management company, injections into Bitcoin could reach $120 billion by the end of 2025,…

Hackers stole $223 million from Cetus Protocol due to a bug

News Crypto 05-23-2025 at 19:23 comment
Yesterday, hackers took advantage of a business logic error in the Cetus Protocol, which allowed them to steal $223 million worth of tokens. Cetus Protocol is one of the largest liquidity providers on the Sui blockchain. As a result of the attack, the liquidity pools were almost emptied. The SUI network token itself and the coins operating on it…

Kraken to launch xStocks: tokenized shares of the largest companies and ETFs — on the Solana blockchain

News Crypto 05-23-2025 at 18:41 comment
The Kraken team is combining traditional (TradFi) with decentralized (DeFi). The company will launch tokenized stocks on the Solana blockchain under the xStocks brand, developed by Backed.

FIFA launches its own blockchain based on Avalanche and moves collectible NFTs there

News Crypto 05-22-2025 at 15:38 comment
The International Football Federation (FIFA) has announced a partnership with Avalanche to develop a special Layer 1 blockchain. The blockchain is based on Avalanche technologies. The move follows the launch of the Avalanche 9000 mainnet update and aims to attract developers to create customized public chains.

Cetus protocol on SUI hacked: network tokens collapsed, USDC stablecoin lost its peg to the dollar

News Crypto 05-22-2025 at 15:14 comment
The largest liquidity aggregator in SUI blockchain network called Cetus, which is focused on the Move ecosystem, has fallen victim to a hacker attack. The attackers have already managed to withdraw assets worth $11 million. This provoked the collapse of most tokens operating on the SUI. Trading is effectively stopped, as liquidity pools have been…

Flash drives, crypto, two guns: how digital wealth is turning people into human targets

Articles Crypto 05-22-2025 at 14:00 comment
As cryptocurrencies have grown in popularity and value, so has the number of crimes related to them. And the villains have recently moved from cyberspace to more daring and radical acts: kidnapping, extortion, torture, and murder. At the beginning of this year, in France David Balland, co-founder of the French hardware wallet company Ledger, and…

Virus found in Procolored printer drivers that stole $1 million in BTC over 8 years

News Crypto 05-21-2025 at 15:02 comment
The official printer driver of Procolored, a subsidiary of Tiansheng, was infected with a virus. The code contained a backdoor program that was used to steal cryptocurrency Malicious software replaced the cryptocurrency wallet address in the clipboard when copied to an attacker’s wallet (the so-called clipper virus). The number of of bitcoins…

Argentine President dissolves an investigation team to look into the fraudulent LIBRA memo he promoted

News Crypto 05-21-2025 at 14:30 comment
Argentine President Javier Milei has disbanded the special investigative team (Unidad de Tareas de Investigación, UTI) created to investigate the scandal around the LIBRA token. Milei himself actively promoted this memecoin, which eventually turned out to be fraudulent and left hundreds of investors with nothing. This decision caused a wave of…

Microsoft integrates blockchain data into its Fabric analytics platform

News Crypto 05-20-2025 at 20:39 comment
Microsoft has announced integration with crypto startup Space and Time Labs (SXT). This will allow direct access to reliable blockchain data in real time directly through Microsoft Fabric, a data analytics platform.

Bybit opens trading in shares of 78 companies, and JPMorgan allows customers to buy BTC

Crypto News 05-20-2025 at 20:07 comment
The second largest crypto exchange in the world Bybit has expanded its Gold & FX (MT5) trading platform to include trading in 78 major global stocks using the USDT stablecoin. This will allow users to buy shares of companies from various sectors for as little as 5 USDT and with a commission of 0.04 USDT. […]

Coinbase is now the first crypto company to be included in the S&P 500

News Crypto 05-19-2025 at 18:33 comment
The largest crypto platform in the US Coinbase became the first cryptocurrency company to be included in the S&P 500 index. This is a stock market index that tracks the performance of 500 leading companies listed on US stock exchanges.

A well-known analyst started selling his bitcoins: what is the reason?

News Crypto 05-19-2025 at 17:05 comment
Despite the joy of traders and longists about the next Bitcoin’s breakthrough beyond $100 thousand. Some analysts do not share this joy. While most influential experts are shouting that BTC should be bought all the time and never sold, Willy Wu sells his assets to invest in bitcoin infrastructure instead.

Chinese holding Addentax Group Corp to buy $800 million worth of bitcoins and TRUMP memecoins

News Crypto 05-16-2025 at 17:32 comment
China has already announced its intention to start a race with the US for crypto leadership.

12 suspects charged with stealing $243 million from Genesis creditor: spent $12 million on nightclubs and cars

News Crypto 05-16-2025 at 17:03 comment
When I get rich, I won’t tell anyone. But there will be signs.

Telegram closes two largest black online markets

News Crypto 05-15-2025 at 20:40 comment
Telegram has announced the removal of two huge digital black markets: Xinbi Guarantee and Huione Guarantee (Haowang Guarantee), which catered mainly to cybercriminals and crypto fraudsters from Southeast Asia.

eToro stock jump 29% on the first day of trading on Nasdaq

News Crypto 05-15-2025 at 19:53 comment
Shares of the investment company eToro have risen by 29% since its debut on the Nasdaq stock exchange. The company recently went public and is valued at approximately $4.2 billion.

Bull market for Ethereum: why the Pectra update did not reduce the risk of correction

Articles Crypto 05-15-2025 at 16:00 comment
Last Ethereum update called Pectra was launched on May 7, potentially making it the fastest and cheapest blockchain in its history. The ETH price has risen 82% in the last 30 days (also due to several macroeconomic factors). It is evident that investors are enthusiastic about the update as new features have been introduced. In […]

Tether’s QVAC platform will allow AI agents to work locally and provide offline BTC and USDT transactions

News Crypto 05-14-2025 at 19:29 comment
The issuer of the largest USDT stablecoin, the company Tether announces fully open AI runtime environmentThe system will be able to adapt and develop on any hardware and device. It will work in a decentralized manner: without API keys, without a single point of failure, with WDK integration (Wallet Development Kit) to support payments in USDT and…

Suddenly. Is Ukraine planning to launch its own bitcoin reserve?

News Crypto 05-14-2025 at 17:24 comment
On May 15, rumors suddenly began circulating on social media that Ukraine was considering creating its own strategic bitcoin reserve with the participation of Binance.

Bitcoin will replace the US dollar in 10 years — billionaire Tim Draper

News Crypto 05-13-2025 at 20:17 comment
Famous venture capitalist and billionaire Tim Draper believes that within 10 years, bitcoin will replace the US dollar and become a standard currency. He also repeated his forecast: bitcoin will grow to $250 thousand by the end of 2025.

Fortune: Meta plans to start using stablecoins this year

News Crypto 05-13-2025 at 19:05 comment
Meta is considering the use of stablecoins on the Ethereum blockchain and wants to start using them in 2025. The tech giant expects to attract up to 3.5 billion users from its global ecosystem, which includes Facebook, WhattsApp, Instagram, and Threads. The company plans to use stablecoins to pay rewards to content creators.

Nakamoto raises $710 million to establish a bitcoin treasury: Trump’s crypto advisor to head it

News Crypto 05-12-2025 at 18:24 comment
David Bailey, founder of BTC Inc and UTXO, who advised Donald Trump on cryptocurrencies, together with the Nakamoto holding company, raised $710 million and announced the creation of bitcoin-treasury. In addition, Nakamoto announced a merger with KindlyMD, a leading provider of integrated healthcare services.

Trump’s social platform Truth Social will launch memecoin within 3 days

News Crypto 05-12-2025 at 16:45 comment
Truth Social, the social network owned by Donald Trump, will launch its own token. At first, the 47th US president wrote that his next post would be one of the most important and influential he would ever make. And later, Crypto Banter co-founder and CEO Ran Neuner announced that the Truth Social memecoin would be launched within the next 72 hours.…

Bitcoin is on the way to $120k and new historical highs

News Crypto 05-09-2025 at 16:11 comment
Finally, bitcoin managed to break above the $100,000 mark and is currently trading at $102,916 (at the time of writing) At the end of April, 21Shares crypto researcher Matt Mena spoke about signs of growth.

Founder of the Celsius Network crypto platform Alex Mashynskyi was sentenced to 12 years in prison

News Crypto 05-09-2025 at 15:07 comment
Founder and former CEO of the bankrupt cryptocurrency lending platform Celsius Network Alex Mashinsky received a sentence in the form of 12 years in prison. In late 2024, he pleaded guilty to fraud. Federal prosecutors said that Mashinsky, 59, deliberately misled customers about the security of Celsius and artificially inflated the value of the…

Head of the National Securities and Stock Market Commission — on 5% tax crypto amnesty and adaptation of MiCA to our realities

News Crypto 05-08-2025 at 19:29 comment
Ruslan Magomedov, Chairman of the National Securities and Stock Market Commission (NSSMC) of Ukraine, in an interview with Incrypted, spoke about the updated draft law on the regulation of virtual assets, the future of cryptocurrencies, and his personal experience.

Ethereum has received the Pectra — update, the largest since Merge. Will it help to break out of stagnation?

Articles Crypto 05-08-2025 at 16:00 comment
For a long time, Ethereum has been a topic for memes with a touch of sadness. The network closed the first quarter of this year with the worst profitability since 2018. During the first three months of 2025 Ethereum faces a record number of sales. Despite all this, ETH remains a key player in the […]

Former Monero developers launch private blockchain Tari: tokens can be mined on PC and Mac

News Crypto 05-08-2025 at 01:36 comment
The developers behind the Monero blockchain and its XMR privacy coinhave created a new first-level blockchain protocol, Tari. Tari Mainnet has launched the Tari Universe application, which makes cryptocurrency mining fast, private, and accessible to anyone with a Mac or Windows PC.

BNB token will surge to $2,775 by the end of 2028 — Standard Chartered

News Crypto 05-08-2025 at 01:03 comment
Jeffrey Kendrick, head of digital asset research at Standard Chartered, predicted that the token of the largest Binance crypto exchange (BNB) could reach $2775 by the end of 2028. The current price is $601.

Arthur Hayes, former CEO of BitMEX, talks about cryptocurrencies and stocks: «Time to go long everything»

News Crypto 05-06-2025 at 18:24 comment
Former CEO of the cryptocurrency exchange BitMEX and CIO of Maelstrom Arthur Hayes warned about the fall of the crypto market in early 2025. Then he talked about Bitcoin recovery to $110 thousand. Now he considers the $1 million mark to be achievable.

Tether is preparing an advanced AI environment that is «capable to adapt and evolve» on different hardware and devices

News Crypto 05-06-2025 at 17:49 comment
The issuer of the largest stablecoin Tether has announced an artificial intelligence platform. It will support payments in major cryptocurrencies, including USDT and Bitcoin. According to Tether CEO Paolo Ardoino, Tether AI is designed to provide «personal infinite intelligence». Ardoino emphasized that the platform will not use API keys and will…

Developers of the super popular Telegram game Notcoin: tap-to-earn is probably dead

News Crypto 05-05-2025 at 23:24 comment
At the beginning of 2024, the first Telegram game of its kind, Notcoin, gave birth to a whole genre of so-called tap-2-earn (tap-to-earn) games. However, the primitive interface and copycat mechanics quickly reduced the interest of users. Last fall, people started talking about the Telegram messenger’s tap-2-earn games death. At the beginning…

Kuwait started to consume half as much electricity after the mining ban

News Crypto 05-05-2025 at 21:16 comment
The authorities of a city in Kuwait called Al-Wafra have banned cryptomining. As a result, energy costs were reduced by 55% Kuwaiti authorities believe that mining farms are involved in a «major» energy crisis. The OPEC member country is struggling with an acute energy crisis caused by population growth, urban sprawl, rising temperatures, and…

Tether leaves the EU market due to new MiCA restrictions

News Crypto 05-02-2025 at 19:21 comment
Paolo Ardoino, CEO of Tether, the issuer of the largest USDT stablecoin by capitalization, commented on the decision not to apply for registration under the Markets in Crypto Assets Regulation (MiCA) in the European Union. Tether has no plans to adapt its USDT-pegged stablecoin to EU requirements. This may lead to the fact that European exchanges…

The Cryptocurrency Race is Gaining Momentum: Arizona’s Pioneering, Britain’s Enlightenment, and Bhutan’s Quiet Enrichment

Articles Crypto 05-01-2025 at 22:00 comment
In March, the 47th President of the United States Donald Trump signs an executive order to create a strategic crypto reserve for bitcoinand the American Digital Asset Fund. They will not be able to buy tokens to replenish them: they will only be coins confiscated in criminal and civil proceedings. At the end of April, […]

Founder of the bankrupt crypto platform Celsius Network Oleksandr Mashynskyi faces 20 years in prison

News Crypto 04-30-2025 at 15:30 comment
The founder and former CEO of the bankrupt cryptocurrency lending platform Celsius Network could be jailed for 20 years for lying and malfeasance. Alexander Mashinsky, now 59 years old, assured thousands of his company’s clients that their money was safe and secure. This encouraged them to invest $20 billion in Celsius. And in 2022 the…

Beware of crypto scam: The National Securities and Stock Market Commission has updated this list with 5 projects

News Crypto 04-30-2025 at 13:25 comment
The National Securities and Stock Market Commission (NSSMC) has added five more cryptocurrency-related firms to the list of unreliable investment projects. In total, the list now includes 433 projects.

HODL strategy no longer works even with the best altcoins — Swan analysis

News Crypto 04-29-2025 at 19:32 comment
The strategy of holding cryptocurrencies for a long time under any market conditions, known in the community as HODL (an acronym with a misprint, derived from Hold On for Dear Life), no longer works. The only token capable of enriching its owner in this way is bitcoin. With the others, even top altcoinsThis strategy makes no sense.

Ethereum has set a new record, but not the one awaited

News Crypto 04-29-2025 at 17:37 comment
Ethereum (ETH) has long been the subject of ridicule and memes. After the transition to the Proof-of-Stake consensus mechanism, the token had a hard time. And in recent months, the situation was only getting worse. But suddenly, BlackRock, the world’s largest asset manager (according to rumors) invested $67.5 million in Ether.

Unknown persons stole $333 million worth of bitcoins — Monero tokens (XMR) have risen in price by 50%. But why?

News Crypto 04-28-2025 at 22:23 comment
On the morning of March 28, the cost of cryptocurrency Monero (XMR), which is a privacy coin, jumped by 51%. As it turned out, the reason was an attempt to launder $330 million in bitcoin.

New draft law on cryptocurrencies in Ukraine: some types of advertising will be banned and consumers will be protected

News Crypto 04-28-2025 at 21:33 comment
The Chairman of the Tax Committee of the Verkhovna Rada, Danylo Hetmantsev, registered a draft law No. 10225-d. The document proposes to amend the Tax Code and the law «On Advertising», as well as other legislative acts, in order to regulate the circulation of virtual assets (cryptocurrencies).

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