Crypto

Aave filed an emergency motion last week to free millions in frozen ETH from a restraining order issued against the Arbitrum DAO, turning what began as a coordinated exploit recovery into a court dispute. Aave LLC said the restraining notice was served on Arbitrum DAO on May 1 and seeks to seize approximately $71 million […] The post Aave says creditors are trying to seize stolen ETH before victims get their $71M back appeared first on CryptoSlate.

Dogecoin whales bought 160 million DOGE worth $18M in 96 hours, pushing price past $0.109. MACD signals buy. Can DOGE hit $0.13 this week? Full price analysis inside. The post Dogecoin Whales Just Accumulated $18 Million in 96 Hours: Is the $0.13 Breakout Finally Coming? appeared first on Cryptonews.

Bitcoin is firmly over $80k. The DTCC is about to tokenize everything. And World Liberty Fi countersues Justin Sun.

Toncoin has jumped on Pavel Durov's pledge to slash fees to near-zero, with TON meme coins piling on gains of up to 150%.

Accumulation by long-term Bitcoin holders, buying by institutional investors and a strengthening technical structure could fuel BTC’s price rise to $95,000 or higher. Bitcoin (BTC) rose as much as 2% over the past 24 hours to an intraday high of $81,300 on Tuesday. This brings the weekly and 30-day gains to 5% and 21%, respectively. This rally was accompanied by buying from long-term holders, who have added more than 330,000 BTC over the past month, according to data from CryptoQuant. Key takeaways: Read more

The move follows two nine-figure exploits of DeFi protocols Drift and KelpDAO in April, as DPRK hackers shift to social engineering tactics.

The new indexes will also include SOL, TRX, and BNB.

Russia's largest regulated exchange is making news with a move on Ripple. Moscow Exchange is set to publish an official $XRP index next week. The post Ripple News: Moscow Exchange to Publish Official XRP Index Next Week appeared first on Cryptonews.

Innovation City launches a blockchain-based business ID system, giving more than 1,000 firms verifiable onchain credentials for identity and access. Innovation City, a Ras Al Khaimah-based free zone focused on artificial intelligence and Web3, has launched what it claims is the first blockchain-based digital business identity system. According to a Monday release shared with Cointelegraph, every company registered in Innovation City receives a sovereign, cryptographically verifiable identity issued on OPN Chain, the public blockchain infrastructure developed by United Arab Emirates-based IOPn. The release said this turns the business license from a static PDF or database entry into a dynamic onchain asset designed to reduce reliance on centralized intermediaries and cut verification uncertainty. Read more

Price is rising, but participation isn't, suggesting a small group is driving bitcoin higher.

Toncoin rose 33.8% after Pavel Durov said Telegram would deepen its role in TON, while details on the foundation and validator structure remain unclear. Telegram founder Pavel Durov said Telegram will replace the TON Foundation as the main driving force behind The Open Network (TON) and become its largest validator, signaling a deeper operational role for the messaging platform in the blockchain ecosystem. In a Monday Telegram post, Durov said TON fees had dropped sixfold to “nearly zero” and that the next step would be to shift the network’s focus toward “tech superiority.” This includes a new website, new developer tools and performance upgrades.  The changes are expected over the next two to three weeks, according to Durov, who described the move as a step in a plan to “Make TON Great Again.”  Read more

The CLARITY Act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and the Republican vote math that Senate Banking Chair Tim Scott still needs to close. The Tillis-Alsobrooks compromise that broke the yield deadlock allows stablecoin rewards tied to platform usage and activity while […] The post Crypto Clarity rules may be delayed because Congress is somehow stuck arguing over housing appeared first on CryptoSlate.

Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire. US spot Bitcoin ETFs recorded $532.21 million in net inflows on Monday as Bitcoin pushed back above the $80,000 mark amid improving risk sentiment following the ceasefire agreement between the US and Iran. BlackRock’s iShares Bitcoin Trust (IBIT) led the pack with $335.49 million in daily inflows, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $184.57 million, according to SoSoValue data. Morgan Stanley’s Bitcoin ETF (MSBT) was the only other fund to post positive flows on the day, adding $12.16 million. The remaining funds recorded no new inflows. Monday’s inflows extended a three-day winning streak. On Friday, the funds pulled in $629.73 million, while Thursday saw a modest $14.76 million. The streak came after three consecutive days of outflows in which funds shed $490.63 million, the heaviest sustained redemption period in recent weeks. Read more

MORPHO follows suit in terms of daily gains, but remains far behind the two leaders today.

Iran's attack on ships in the Strait of Hormuz and a drone strike on the Fujairah Oil Industry Zone sent Brent crude to $114.44 and WTI to $106.42, while the 10-year Treasury yield climbed to roughly 4.44% and the 30-year broke above 5%. Bitcoin registered an intraday high of $80,717.66 on May 4, putting its […] The post Iran-UAE tensions are pushing Bitcoin toward a record bond-market danger zone appeared first on CryptoSlate.

$COIN jumped 12% hours after Senator Cynthia Lummis announced a finalized bipartisan agreement on the Clarity Act stablecoin yield. The post Coinbase Surges 12% as Lummis Locks In Bipartisan Clarity Act Stablecoin Yield Deal appeared first on Cryptonews.

The cryptocurrency exchange industry is going through a period of considerable reassessment. After many years of quick growth and very aggressive expansion, users are starting to become a lot more selective when it comes to where they trade. Security incidents, frozen assets, and unclear operational practices are just a few of the reasons attention is […]

Bitcoin briefly surpassed $81,000 today, with net realized profits hitting $207.56 million, the highest single-month reading in this cycle. Is this the top? The post Bitcoin Hits $81K as Realized Profits Peak: Is a Sell-the-News Event Imminent? appeared first on Cryptonews.

The last three weekly MACD crossovers on bitcoin's chart produced gains of 147%, 75%, and 35%, respectively.

US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage. America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American Bankers Association said in a joint statement with the Bank Policy Institute, Consumer Bankers Association, Financial Services Forum and Independent Community Bankers of America. Read more