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Trump Media Group denies it’s raising $3B for crypto buys: Report


Update (May 26, 9:27 pm UTC): This article has been updated to include a statement from Truth Media and Technology Group.Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, has rebuffed a report that it’s planning to raise $3 billion...

Banking groups ask SEC to drop cybersecurity incident disclosure rule


American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May...

Blockchain security firm releases Cetus hack post-mortem report


Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According...

Is World’s biometric ID model a threat to self-sovereignty?


The crypto industry is no stranger to controversy, yet few projects have drawn more scrutiny than Sam Altman’s World, formerly known as Worldcoin.Promising to verify human uniqueness through iris scans and distribute its WLD token globally, World positions itself as a tool for financial...

Standard Chartered Predicts Bitcoin Hitting $500K as SEC Filings Fuel Demand


Bitcoin’s explosive path to $500,000 just gained serious momentum as sovereign funds and heavyweight institutions pile in, validating Standard Chartered’s ultra-bullish thesis with real capital. Standard Chartered Doubles Down on $500K Bitcoin Forecast Amid Sovereign Buying Surge Standard Chartered...

Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long


Well-known Hyperliquid trader James Wynn has increased his 40x leverage long Bitcoin bet to $1.25 billion after closing his $PEPE position for a $25.2 million profit.On May 24, Lookonchain reported that Wynn entered an 11,588 BTC position with an average entry price of $108,243 and a liquidation...

US tourist drugged by fake Uber driver and robbed of $123K BTC — Report


An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin (BTC) stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling...

Senators plan to amend GENIUS Act to address Trump family's stablecoin


Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry.According to a May...

Sui validators freeze majority of stolen funds in $220M Cetus hack


Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen.According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder...

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use


OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI...

Kraken to offer tokenized US stocks to non-US clients


Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with...

US lawmaker introduces anti-corruption bill ahead of Trump's dinner


California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.”In a May 22 notice, Waters said the Stop Trading, Retention,...

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