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Validation Cloud deploys Web3 AI engine on Hedera
20.5.2025
Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI engine has been deployed on Hedera, with several other...
SEC crypto task force to release first report 'in the next few months'
20.5.2025
US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry.In a May 20 hearing discussing oversight of the SEC, Atkins...
Argentina's Milei shuts down task force investigating LIBRA scandal
20.5.2025
Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero. The Investigative Task Force (ITU) was dissolved via a May...
Trump signs bill criminalizing nonsensenual AI deepfake porn
20.5.2025
US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours.Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools...
What to expect at Trump’s memecoin dinner
19.5.2025
On May 22, US President Donald Trump is expected to host up to 220 people who had purchased the most significant quantities of his memecoin at a private event in Washington, DC.Though the exact number of attendees was unknown as of May 19, reports and blockchain data have revealed some of...
Bitcoin futures data aligns with BTC traders’ hope for new all-time highs
19.5.2025
Key takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable.Bitcoin (BTC) price...
Boutique Trump Tower Bank Is Quietly Stockpiling Bitcoin: Bloomberg
19.5.2025
Dominari Holdings Inc., a small investment bank based in Trump Tower, is stockpiling bitcoin as it pivots deeper into crypto, Bloomberg first reported. Investment Bank Tied to Trump Family Deepens Crypto Footprint Dominari Holdings Inc. (Nasdaq: DOMH), a small bank headquartered in New York’s Trump...
Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims
19.5.2025
The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including...
How to read a Bitcoin liquidation map (without getting liquidated)
19.5.2025
Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post explores how to interpret a Bitcoin liquidation...
Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit
19.5.2025
Strategy, formerly MicroStrategy, the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase came as the company faced a class-action lawsuit.According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just...
XRP price risks falling to $2 after classic bearish chart pattern confirms
19.5.2025
Key takeaways:XRP could be headed down to $2 following a breakdown of a classic head-and-shoulders pattern.Declining open interest in XRP futures signals weakening trader confidence.The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding...
Australian court ruling could lead to $640M in Bitcoin tax refunds
19.5.2025
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...
US crypto funds top $7.5B inflows in 2025 as investor appetite grows
19.5.2025
Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets.US-based crypto investment products attracted $785 million worth of investment last...
Revolut eyes French license and $1.1B expansion amid EU growth
19.5.2025
Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license.According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted...
Dubai regulator sets compliance deadline for updated crypto rules
19.5.2025
Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version...
Tether surpasses Germany’s $111B of US Treasury holdings
19.5.2025
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market.Tether, the issuer of the world’s largest...
$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week
19.5.2025
Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come?The May 18 daily...
Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto
18.5.2025
If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...
Here’s what happened in crypto today
18.5.2025
Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker, and the co-founder of World Liberty Financial pushes back against US lawmakers' attempts to probe potential conflicts...
The Public internet is a bottleneck for blockchain — DoubleZero CEO
18.5.2025
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder and CEO of DoubleZero, a project developing high-speed fiber optic communication rails for blockchains."The downside of the public internet...