Crypto

Deribit is the world's leading Bitcoin and Ethereum options trading platform, with more than $1.2 trillion in annual trading volume. Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement. Read more

Stripe has launched a new money management service powered by stablecoins

Browser-based crypto mining is making a quiet return in 2025, offering a low-barrier way to earn crypto, but its profitability and impact remain limited. Browser-based crypto mining sounds like a dream: Just open a webpage, let it run, and your computer starts earning crypto in the background. No bulky ASICs, no GPU farms, no long setup tutorials — just your browser doing the heavy lifting. The idea blew up in the late 2010s with tools like Coinhive, which let website owners mine Monero (XMR) using JavaScript. At first, it seemed like a clever alternative to ads; visitors donated a bit of unused CPU power, and websites earned crypto.  But then came cryptojacking. Sites began running these scripts without user permission, draining resources and slowing down devices. In 2019, Coinhive shut down, citing shrinking returns and mounting scrutiny. Read more

Sui (SUI) jumped 16.4% and Bitcoin Cash (BCH) gained 15.6%, leading the index higher.

[PRESS RELEASE – Dubai, United Arab Emirates, May 8th, 2025] ChainGPT, a pioneer in blockchain AI solutions, today announced the release of its highly anticipated AIVM Whitepaper, a comprehensive technical and strategic vision for building the foundation of the AI Crypto Economy. The Artificial Intelligence Virtual Machine (AIVM) is a purpose-built Layer-1 blockchain designed to […]

In Q1 2025, Rootstock’s network security reached new highs as merged mining participation surged to 81%, led by the onboarding of Foundry and SpiderPool. Transaction fees dropped by 60%, boosting cost-efficiency and user accessibility, while the Lovell upgrade improved EVM compatibility and introduced critical protocol optimizations. Despite steady transaction growth, onchain revenue declined 24% due to reduced fees, and DeFi TVL contracted 20% amid market-wide headwinds. RootstockCollective rolled out major application updates and NFT-based incentives, while ecosystem integrations like LayerZero and Meson Finance expanded its multichain and stablecoin capabilities.

In Q1 2025, crypto fundraising and M&A activity diverged sharply. M&A deal count reached an all-time high of 85, up 18% QoQ, with the six largest disclosed acquisitions totaling $3.23 billion, surpassing the combined value of the quarter’s ten largest funding rounds and accounting for over half of all capital raised. In contrast, fundraising slowed, with total capital raised declining 19% QoQ to $6.32 billion and deal count falling 29% to 640 transactions. Despite the pullback, Q1 remained the second-highest funding quarter of the past two years. Investor participation showed modest recovery, rising 4% QoQ to 1,600 unique investors, though still well below the Q2 2022 peak of 3,300. Accelerator activity contracted sharply, with deals down 64% and capital raised declining 66% QoQ, signaling reduced early-stage momentum. Meanwhile, newly launched fund count fell 13% to 21, but capital raised more than doubled to $1.98 billion, suggesting renewed LP appetite despite fewer new vehicles.

Rootstock’s merged mining hit an all-time high in Q1 2025, even as DeFi TVL dropped 20% and user activity cooled across the Bitcoin DeFi ecosystem. Smart contract platform Rootstock, the home of decentralized finance (DeFi) on Bitcoin, saw a sharp increase in network security and mining engagement in the first quarter of 2025, even as activity cooled. Merged mining participation surged to an all-time high of 81%, up from 56.4% in Q4 2024, driven by the integration of major mining pools Foundry and SpiderPool, according to Messari’s first “State of Rootstock” report for 2025, shared with Cointelegraph. The heightened miner interest boosted Rootstock’s hash power to over 740 exahashes per second, surpassing the total Bitcoin network hashrate recorded in October 2024. As a result, the network is now considered to be in a “mature phase” of merged mining growth. Read more

Seven millions tokens have been launched in pump.fun since its inception in 2024.

The co-founder of Sweat said he prioritizes making multichain DeFi accessible to millions through simple actions like walking and using its wallet. Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance and simplifying asset management across blockchains. The AI agent, named Mia (short for Movement in Action), is powered by Near.AI — an open-source AI model platform with crosschain capabilities. Integrated into the Sweat wallet, Mia helps users to bridge, swap and manage their crypto rewards without needing deep crypto knowledge.. Sweat is rolling out support for Base, Ethereum, Arbitrum and BNB Chain. Within the app, users can now bridge assets and swap native tokens across networks, with the option to pay gas fees in Sweat (SWEAT) tokens. Read more

360T, the foreign exchange trading arm of Deutsche Börse Group, has officially launched 3DX, a new institutional crypto spot trading platform. The post Deutsche Börse’s 360T Launches New Exchange 3DX to Expand Crypto Offerings appeared first on Cryptonews.

Solana has extended its climb to 42% this month, breaking from a falling channel and trading near $155. Volume has risen 74% to $5.3 bn, the chain has handled double Ethereum’s DEX turnover, logged 3.2 m active addresses, and produced $7.9 m in 24-hour revenue as developers join from 138 countries. The post $SOL Price Eyes $180 After Breakout: Is Solana Becoming the Internet’s Capital Market? appeared first on Cryptonews.

The Sweat app, which pays you crypto for the steps you take, is now leaning into AI as its token expands out to additional chains.

Undervaluation signals have previously preceded ETH rallies, but surging supply, flat demand, and weakened burn mechanics complicate the outlook.

Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside. Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery. Read more

Alpharetta, United States, 8th May 2025, GamingWire

CEO Sam Altman will shift his focus to AGI research, compute and safety as OpenAI enters "a next phase of growth."

VanEck’s $NODE ETF tracks firms that have adopted blockchain tech, not crypto prices. It exposes you to companies driving blockchain adoption. VanEck’s Onchain Economy ETF ($NODE) exposes investors to companies driving blockchain adoption across multiple industries. The fund is scheduled to begin trading on May 14, 2025, following its inception on May 13, 2025. As the global economy shifts to a digital core, NODE offers active equity investment in real-world companies shaping that future. This ETF is actively managed, meaning a portfolio manager and not just an algorithm, selects the included stocks. Read more

Blockchain project Space and Time, backed by Microsoft, has launched its permissionless mainnet for ZK-proven data infrastructure. Space and Time, a blockchain project supported by Microsoft, has launched its public, permissionless mainnet to bring zero-knowledge (ZK)-proven data infrastructure to crypto applications. Built by MakeInfinite Labs, Space and Time offers a decentralized, verifiable database for smart contracts to query historical, crosschain and offchain data, according to a news release shared with Cointelegraph. The platform indexes data from major networks like Ethereum and makes it accessible through a decentralized network of validators. Developers can query this data using Space and Time’s Proof of SQL — a sub-second ZK coprocessor that delivers cryptographic proofs with every query. Read more

The move comes as blockchain infrastructure builders compete to draw in developers and expand their orbits.