Crypto

A major Coinbase breach occurred in 2025 with insiders involved. Coinbase responded differently and the extortion failed. Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million.  Before examining the breach, it is interesting to understand how it happened at a public company that spends millions monthly on cybersecurity. In February, blockchain investigator ZachXBT reported increased thefts involving Coinbase users. He blamed aggressive risk models and pointed out Coinbase’s failure to prevent $300 million in yearly losses from social engineering scams.  Read more

The journey from hype to reality in DePIN and AI shows that genuine innovation lies in solving real-world problems with practical and efficient solutions, says Bullish Capital Management’s Sylvia To.

The agency had once called for retirement-plan officials to exercise "extreme care" over crypto investments, but it's now withdrawn that elevated concern.

Mezo is built to be a Bitcoin finance platform that enables its users to unlock practical utility in BTC and thus become their own bank

Smart contract hacks and other cybersecurity exploits continue to be a significant issue for crypto and Web3 firms in 2025. Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether (ETH) almost immediately after the attack. “We are investigating a potential exploit on Cork Protocol and are pausing all contracts. We will report back with more information,” Cork Protocol co-founder Phil Fogel wrote on X. Read more

The price of GME fell sharply Wednesday following word from GameStop that it had made its first Bitcoin purchase.

A number of indicators suggested the bull market has more room to run, said NYDIG.

Pepe (PEPE) has emerged as the standout performer among the top meme coins, posting impressive monthly gains of 54.7% as trader interest hits a fever pitch.Between May 21 and 23, PEPE’s trading volume skyrocketed past $2 billion, peaking at $2.8 billion in a single 24-hour window.That figure represents over half of the token’s circulating supply, […] The post PEPE Price Prediction: Is the Next Shiba Moment Here? Volume Explodes to $1.5 Billion appeared first on Cryptonews.

Check out some of the multi-billion crypto bets made by James Wynn and his latest loss.

"Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile," Buterin said.

Bitcoin eyes fresh multiday lows with risk assets suffering from a lack of volatility catalysts and fading hopes of a Fed rate cut before September. Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. Read more

As Bitcoin aims to go mainstream, the crypto industry’s blind spot in terms of physical infrastructure is holding it back. Neglecting real-world access points risks leaving millions behind. Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to show. Without physical access points, crypto risks becoming an exclusive, insiders-only system, rather than the open alternative it sets out to be. Everyone loves to talk about decentralization. There’s a good reason behind this. It defines the movement, shapes the technology, and supports the vision of a better financial system. While the industry focuses on code and algorithms, it lacks something basic. A decentralized system that exists only online is ...

Katana launched its private mainnet with support from GSR and Polygon Labs, aiming to solve liquidity fragmentation in DeFi. The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June. The new blockchain will enable users to earn higher yields and explore DeFi in a “unique, optimized yield environment” that unlocks latent value through an ecosystem that makes every digital asset “work harder,” according to an announcement shared with Cointelegraph. Read more

The wealthy New York City suburb will migrate 370,000 property deeds — representing about $240 billion worth of real estate — onto an immutable, searchable blockchain ledger.

Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi and Morpho.

WLFI USD1 has joined forces with Kernel DAO, turning the Trump-associated stablecoin into a restakeable asset. By restaking, holders earn Kernel points and have supported the economic security of third-party DeFi apps, illustrating growing demand for stablecoins that deliver both yield and utility. The post Trump-Linked WLFI USD1 Stablecoin Scores Restaking Upgrade with Kernel DAO, Promising Dual Yields appeared first on Cryptonews.

Early investors in USD1-paired meme coins on BNB have seen sharp price gains, and have generated significant profits.

Pi (PI) has gone down by 7.5% in the past week and has performed poorly compared to other altcoins as the project’s latest decisions and actions have been questioned by the community.According to one of the project’s most vocal supporters on social media, Dr. Altcoin, three things need to change for Pi to recover its […] The post Pi Coin Price Prediction: Experts Warn of Collapse Unless These 3 Changes Are Made appeared first on Cryptonews.

The trading platform now offers 15 tokens in the U.S., expanding access as it settles into life as a public company.

Telegram is no longer just a privacy-first chat app for crypto bros. With a dramatic one-two punch, a $300 million alliance with Elon Musk’s xAI and a $1.5 billion high-yield bond raise, Telegram has moved from insurgent platform to profit engine. TON jumped 15% after Durov confirmed the collaboration. Yet its future, including IPO prospects, […] The post TON jumps 16% as Telegram gets $300M plus xAI equity to integrate Grok appeared first on CryptoSlate.