Day

May 24, 2025

Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

May 24, 20250
Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country.According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of the...

Bitcoin inflows projected to reach $420B in 2026 — Bitwise

May 24, 20250
Key takeaways:Spot Bitcoin ETFs have already surpassed gold ETFs in early growth, with projections of $100 billion in annual inflows by 2027.Publicly listed companies and nation-states currently hold nearly 1.7 million BTC, pointing to long-term confidence.Bitwise projects $120 billion in Bitcoin inflows by 2025 and $300 billion by 2026.Bitcoin (BTC) demand from a diverse range...

Industry exec sounds alarm on Ledger phishing letter delivered by USPS

May 24, 20250
Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to “validate” their wallets or risk losing access to funds, in the latest phishing attack to impact the industry.BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to a...

Decentralizing telecom benefits small businesses and telcos — Web3 exec

May 24, 20250
Decentralizing telecommunication networks financially benefits small businesses and telecom corporations alike, according to Frank Mong, the chief operating officer (COO) of Nova Labs, the founding team behind the Helium wireless decentralized physical infrastructure (DePIN) network.In an interview with Cointelegraph at Consensus 2025 in Toronto, Canada, Mong said that small businesses including bars, restaurants, convenience stores,...

Wallet intelligence shapes the next crypto power shift

May 24, 20250
Opinion by: Scott Lehr, adviser to Alteri.ioIn the world of cryptocurrency, knowledge isn’t just power — it’s a weapon. The recent collapse of Mantra’s OM token, which saw a 90% drop in value within hours, underscores how wallet intelligence can be leveraged with devastating effects.Wallet intelligence is the real-time analysis of blockchain data to extract...

Coinbase in S&P 500: More crypto firms to come?

May 24, 20250
This past week, Coinbase joined the S&P 500, one of the world’s most elite stock indexes — a triumph for the crypto firm, which spent much of the 2020s battling US government agencies like the SEC and Commodity Futures Trading Commission for its survival. But this attainment is not about one company alone. “This is more than...

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

May 24, 20250
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 level of $105,180.The move came hours after Wynn...

Trump’s use of presidential seal at memecoin event raises legal questions

May 24, 20250
President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law.The event took place Thursday at Trump National Golf Club in Virginia, where Trump addressed 220 investors in...

Judge overturns fraud convictions in Mango Markets exploit case

May 24, 20250
A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets.On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg made...

Bitcoin treasury companies will hold 'way more' than Bitcoiners expect: Exec

May 24, 20250
Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045.“Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said in a May 23 X thread.Strategy will own $70T of Bitcoin...
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