Day

May 16, 2025

Ripple says latest ruling does not affect its legal victory

May 16, 20250
Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win.Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC motion seeking an indicative ruling on their proposed settlement,...

Violent crypto robberies on the rise: Six attacks that targeted investors

May 16, 20250
As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders.Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5 wrench” attacks on crypto holders in 2025 alone. The moniker comes from the crude and violent methods perpetrators use to compel crypto holders...

Europe’s MiCA law is motion, but can the crypto industry keep up?

May 16, 20250
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to unify crypto regulation across all 27 EU member states, MiCA promises clarity, consumer protection and long-term market stability. But as implementation begins, cracks are already showing.In this week’s episode of Byte-Sized Insight, we...

Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps

May 16, 20250
A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull.A newly-created Eric Trump (ERICTRUMP) memecoin with the token address “jv7d” surpassed $140 million in market capitalization within a day since its launch...

XRP price path to $3.40 remains intact — Here is why

May 16, 20250
Key takeaways:XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.A 53% surge in open interest to $5.06 billion signals bullish sentiment.XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest.Increasing OI backs XRP upsideXRP price is down 2% over the last 24...

51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

May 16, 20250
Ethereum Merge architect Justin Drake told Cointelegraph that he believes it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum.Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.”Drake led work on Ethereum’s proof-of-stake (PoS) implementation and was a...

Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit

May 16, 20250
Key takeaways:Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.The decision to divest didn’t appear to be performance-based—Nu Holdings posted record profits in 2024 and Q1 2025.Buffett’s exit aligns with Berkshire’s broader financial sector pullback and growing cash reserve strategy.Warren Buffett, the legendary investor long known for his skepticism toward...

90% of institutions ‘taking action’ on stablecoins: Fireblocks survey

May 16, 20250
A report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are using or exploring the use of stablecoins in their operations.The report, published May 15, surveyed 295 executives across traditional banks, financial institutions, fintech companies and payment gateways. Almost half of the respondents (49%) said they already use stablecoins in payments,...

China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin

May 16, 20250
Mainland China, one of the world’s most restrictive countries toward cryptocurrency, may be inching closer to adoption as a locally operating brand announced a Bitcoin reserve strategy.DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations in mainland China, is adopting a Bitcoin (BTC) reserve strategy, CEO Norma Chu...

AI vibe coding: what it is, why it’s risky, and how to stay safe

May 16, 20250
What is AI vibe coding? AI vibe coding is a novel approach to software development that generates advanced, executable code based on well-crafted natural language user prompts. Yet another innovation fueled by artificial intelligence capabilities, AI vibe coding is proving to be a game-changer, especially for non-technical enthusiasts who can now experiment with software development and...
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