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Coinbase Will Be $1 Trillion Company, Says Bitwise CIO


Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong confidence in Coinbase’s strategic direction, stating:...

Celsius Boss Falls: Alex Mashinsky Sentenced to 12 Years for $7B Fraud


Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count...

Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals


Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities...

Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark


Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions...

Tether Unveils ‘Tether AI’ for Decentralized Open-Source Intelligence


Tether has announced the launch of Tether AI, a fully open-source, modular AI runtime designed to run on any device without API keys or central control. Revealed by CEO Paolo Ardoino on X, the new platform aims to power a peer-to-peer network of AI agents, with built-in support for USDT and bitcoin...

OKX DEX Relaunches With Enhanced Security Features


OKX DEX restarted operations on May 5, 2025, introducing a real-time abuse detection system, as announced by OKX founder and CEO Star Xu in an X post. This restart comes following a March 17 suspension due to misuse by the North Korean Lazarus Group, which laundered $100 million in ether after...

Charlie Shrem Wants to Bring Back the Bitcoin Faucet


Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years...

Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport


The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi Azikiwe International Airport in Abuja, as part of its digital transformation efforts to enhance border security and financial disclosure transparency. The pilot, which began...

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