$243M Bitcoin scam that led to kidnapping and chaos In one of the most bizarre crossovers between digital crime and real-world violence, a group of young cybercriminals stole almost $243 million in Bitcoin (BTC). Within weeks, the fallout spilled from the blockchain into a quiet Connecticut suburb, ending in a harrowing kidnapping plot. If this […]
US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement follows multiple US lawmakers […]
Bitcoin traded between $94,089 and $94,305 over the last hour, while its market capitalization stood at $1.86 trillion. Daily trade volume reached $19.74 billion, with the 24-hour price range spanning $93,806 to $95,741. Bitcoin On the 1-hour chart, bitcoin continues to reflect a short-term bearish structure, following a consistent series of lower highs and lower […]
Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000. Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the firm announced in its latest […]
On Monday, Strategy executive chairman Michael Saylor revealed his firm had added another tranche of bitcoin ( BTC) to its treasury holdings. With this latest acquisition, the company’s total cache now stands at 555,450 BTC—currently valued at $52.4 billion based on prevailing market rates. Strategy Adds More Bitcoin Strategy, which once operated under the name […]
Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to build Kyrgyzstan’s national crypto reserves. On May 5, Zhao shared on X that he had advised Kyrgyzstan to start with Bitcoin (BTC) and BNB (BNB) when building its national crypto reserve. In 2024, Forbes claimed that Zhao holds about […]
Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to build Kyrgyzstan’s national crypto reserves. On May 5, Zhao shared on X that he had advised Kyrgyzstan to start with Bitcoin (BTC) and BNB (BNB) when building its national crypto reserve. In 2024, Forbes claimed that Zhao holds about […]
Cryptocurrency investment products attracted $2 billion in new inflows last week, according to the European investment firm CoinShares. Global crypto exchange-traded products (ETPs) have added $5.5 billion in inflows in the past three weeks, according to the latest weekly report from CoinShares. With the new inflows, total assets under management (AUM) in all crypto ETPs […]
Digital asset manager Vaneck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the first U.S.-listed exchange-traded fund (ETF) offering direct exposure to BNB, the native cryptocurrency of the BNB Chain. BNB Enters ETF Arena With New Vaneck Filing On May 2, 2025, Vaneck Digital Assets, LLC submitted an S-1 registration statement […]
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 a $1.4 billion Bybit […]
This content is provided by a sponsor. PRESS RELEASE. Dubai, UAE, May 5, 2025, MTT Sports, the pioneering Web3 sports competition platform, is set to make a bold statement as a Platinum Sponsor at TOKEN2049 Dubai 2025, one of the most prestigious global gatherings of crypto, blockchain, and Web3 innovators. Known for blending decentralized technology […]
While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.” In an interview at the Token2049 event in Dubai, Aptos’ head of ecosystem, Ash Pampati, told Cointelegraph that Web2.5 platforms are earning “tons of […]
