Day

May 6, 2025

North Korean spy slips up, reveals ties in fake job interview

May 6, 20250
For months, Cointelegraph took part in an investigation centered around a suspected North Korean operative that uncovered a cluster of threat actors attempting to score freelancing gigs in the cryptocurrency industry.The investigation was led by Heiner Garcia, a cyber threat intelligence expert at Telefónica and a blockchain security researcher. Garcia uncovered how North Korean operatives...

Is it a bull or bear market? How to tell the difference

May 6, 20250
TL;DR:Not sure if you’re in a bull or bear market? This guide breaks down how to spot the difference using price action, volume, sentiment and onchain data. Learn how to recognize market cycles, what signals to watch for and how to adjust your strategy for each phase so you can trade smarter.Crypto markets can feel...

Bitcoin price rallied 1,550% the last time the ‘BTC risk-off’ metric fell this low

May 6, 20250
Key Takeaways:The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing.Despite the recent decline in network activity, bullish macro indicators like the Macro Chain Index (MCI) suggest Bitcoin could soon rally above $100,000.On May 5, the Bitcoin Risk-Off signal, an...

Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'

May 6, 20250
Representative Maxine Waters, ranking member of the House Financial Services Committee (HFSC), led Democratic lawmakers out of a joint hearing on digital assets in response to what she called “the corruption of the President of the United States” concerning cryptocurrencies.In a May 6 joint hearing of the HFSC and House Committee on Agriculture, Rep. Waters...

Frictionless flows are Ethereum's path to economic dominance

May 6, 20250
Opinion by: Barna Kiss, CEO of MaldaAn idea recently floated by some prominent thinkers in the Ethereum space to reclaim value for the mainnet is the taxing of its Layer-2s. The future of Ethereum does not depend on policy but on enabling frictionless capital movement between the L2s in question. Tariffing rollups may appear a...

What bankers, CPAs and CFOs need to know about blockchain

May 6, 2025, 0
Why finance veterans are still skeptical about blockchain Blockchain has been part of the finance conversation for over a decade now. Yet many professionals remain cautious. Many seasoned professionals in finance, wealth management and economics often question blockchain’s relevance, asking, How exactly is blockchain supposed to fit into what we already do?This question reflects a few...

US stablecoin bill loses democrats amid Trump corruption concerns

May 6, 20250
Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical committee reading with the support of several pro-crypto Democrats. Democratic Senators Ruben Gallego, Mark...

Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’

May 6, 20250
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies.The joint collaboration aims to combine Natix’s blockchain-based mapping data with Grab’s camera hardware and mapmaking technology featuring artificial intelligence support, Natix said in an announcement on May 6.“This partnership brings...

Binance founder CZ says Bitcoin could hit $500K–$1M this cycle

May 6, 20250
Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle.During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also highlighted the role of Bitcoin spot exchange-traded funds...

Blockchains ready for institutions, lawyers hesitate: DoubleZero CEO

May 6, 20250
While blockchain infrastructure may be ready for institutional use, many legal teams at large firms remain cautious about full integration with the technology. At the Token2049 event in Dubai, DoubleZero Labs founder and former Solana head of strategy Austin Federa told Cointelegraph that today’s high-performance blockchains like Solana are technically capable of supporting large-scale institutional usage....
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