Crypto

The SafeMoon CEO faces up to 45 years in prison after a jury convicted him of defrauding investors and misappropriating millions in crypto.

The stock market-listed Brazilian payments firm Méliuz has unveiled plans to spend around $26.5 million on Bitcoin (BTC) purchases. The post Brazil’s Méliuz Announces Plans to Buy Another $26.5M Worth of Bitcoin appeared first on Cryptonews.

Democratic lawmakers, Public Citizen, and other progressive groups have set the Trump protest for May 22 outside Trump National Golf Club, condemning a $TRUMP coin dinner that sells political access. Speakers warn the pay-to-meet scheme threatens ethical standards and may invite overseas influence. The post Lawmakers, Activists Rally to Protest Trump’s Meme Coin Event – Is Crypto Becoming a Political Flashpoint? appeared first on Cryptonews.

The Bitcoin Policy Institute (BPI) released a 21-page policy framework on May 21 to position the US as a global leader in the Bitcoin (BTC) ecosystem.  BPI head of policy Zack Shapiro, the author of the framework, called it his “Bitcoin Policy Manifesto.” The document outlines a comprehensive legislative and regulatory approach that touches on […] The post BPI releases policy manifesto urging US to lead in Bitcoin infrastructure appeared first on CryptoSlate.

Bitcoin set a new price record Wednesday, but analysts and industry bigwigs expect much larger gains ahead. Here are their lofty targets.

MIT researchers have detailed AI’s failure to grasp negation, a basic yet critical human language function that could prove dangerous.

While Justin Sun and other crypto names attend the president's crypto feast that Democrats labeled corrupt, one lawmaker is targeting Trump with a new bill.

SUI Price Prediction has recorded fresh strength as Sui trades at $3.88 after a 2% gain and 71.9% monthly rise. Institutional inflows have doubled those of XRP, and a series of bull flags indicates the token could revisit its $5 peak, though overtaking Solana’s market share may take longer. The post SUI Just Flipped XRP in Institutional Inflows – What Happens Next Might Shock the Market (SUI Price Prediction) appeared first on Cryptonews.

Idle capital will be deployed onchain into real-world asset (RWA) projects, the asset manager said. VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial intelligence.  Idle capital will be deployed into Avalanche (AVAX) real-world asset (RWA) products, including tokenized money market funds, VanEck said. Read more

Ethereum Price Prediction has turned more optimistic after ETH has climbed to $2,535 and held gains post-Pectra. Traders have cited a bull flag on the daily chart and a looming golden cross in the 12-hour timeframe, projecting a possible 45 % rise toward $3,600 in the coming weeks if volume confirms. The post Ethereum Price Prediction: Bull Flag Points to $3,600 – But This One Indicator Could Push It to $5K appeared first on Cryptonews.

Tokenized RWAs should not be treated as derivatives, according to Robinhood.

World Network has raised $135 million by selling WLD tokens at market prices to early supporters a16z and Bain Capital Crypto, expanding the circulating supply. The funding has backed a first U.S. rollout, USDC integration and partnerships such as Razer, as more users seek Orb-verified World IDs. The post World Network Sells $135M in WLD; Token Surges 14% Amid Identity Arms Race appeared first on Cryptonews.

Tech giant Google introduced a suite of powerful generative tools while adding hefty price tags for premium access.

Hong Kong has passed its Stablecoin Bill in a third reading, setting a detailed licensing path for fiat-backed tokens. By clarifying backing rules and interest treatment, the city has positioned itself as a regulated hub and invited banks and crypto firms to file with the HKMA before 2025. The post Hong Kong Passes Stablecoin Bill, Paving Way for Licensing Regime by Year-End appeared first on Cryptonews.

The US president's intention to host a dinner for people who purchased millions of dollars worth of his memecoin has contributed to slowing or halting crypto bills in Congress. A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest. In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a bill that “solidifies that digital asset developers and service providers that do not custody consumer funds are not money transmitters.”Emmer, a Republican, said Democratic Representative Ritchie Torres would co-lead the bill, making it a bipartisan effort in Congress. “The Blockchain Regulatory Certainty Act reflects a thoughtful, bipartisan effort to get digital asset policy right,” said Torres. “While similar language was voted down in markup last Congress, we took ...

OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC. The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal […] The post OpenAI ventures into hardware with $6.4B deal for legendary designer Jony Ive’s startup io appeared first on CryptoSlate.

Every member of the five-seat panel who had been serving at the CFTC in January could depart before 2026. Kristin Johnson of the US Commodity Futures Trading Commission (CFTC) has announced that she plans to depart the agency before 2026. In a May 21 notice, Johnson said she planned to step down from the CFTC “later this year,” having completed her term, which ended in April. The commissioner filling a Democratic seat at the financial regulator had served since March 2022 after being nominated by former President Joe Biden. In her farewell message, Johnson cited her work as a sponsor of the Market Risk Advisory Committee, which dealt with “nascent issues that arise with the introduction of decentralized financial products such as digital assets or cryptocurrency and other emerging markets.”  Read more

Hailey Welch has confirmed she was questioned by SEC and FBI agents after the HAWK meme-coin soared to a $400 m valuation then collapsed. Cleared of wrongdoing, the influencer has said she read pre-written promos, had no wallet control and now regrets steering followers into the failed token. The post Feds Probed Hailey Welch After $400M ‘Hawk Tuah’ Meme Coin Imploded appeared first on Cryptonews.

Solana Mobile stands to gross at least $67.5 million in pre-sales of its Seeker device. Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date. According to the announcement, Solana Mobile will ship the device starting Aug. 4. Seeker is the company’s second-generation device, after the Saga Web3 phone that launched in April 2023. The company unveiled the Seeker phone in September 2024, saying it wouldn’t just be a “memecoin phone.” So far, it has pre-sold 150,000 units. Read more

The position’s liquidation price was upped to $104,000.