Crypto

The Trump gala has prompted 35 House Democrats to urge the DOJ to examine whether a $TRUMP coin dinner for 220 investors at Trump National Golf Club has breached bribery law or the emoluments clause amid foreign-influence worries after Justin Sun emerged as the top investor. The post Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner appeared first on Cryptonews.

Semler's shares have risen 53% since the company announced its first Bitcoin purchases. Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million. Semler Scientific’s shares have fallen 1.36% on the same day as the disclosure, though the decrease in its share price is largely in line with the Nasdaq’s performance. That index, which follows top tech stocks, is down 1% on the day. Read more

The integration "marks the beginning of a multichain journey," said the multi-chain protocol—with more in the pipeline.

A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The jury found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering after a 12-day trial in Brooklyn on May 21. Prosecutors […] The post Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme appeared first on CryptoSlate.

Geneva, Switzerland, May 23, 2025 –  TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the expansion of a strategic integration from Bridge, a leading stablecoin orchestration platform and a Stripe company. This development further solidifies TRON’s role as a preferred settlement […] The post TRON Network Strengthens Global Payment Infrastructure as Bridge, a Stripe Company, Expands Integration appeared first on CryptoSlate.

Democrats are insisting that the bill be amended to include protections against corruption by Trump and his inner circle members.

Governor Greg Abbott posted to his official X account on May 22, roughly a day after the legislature passed a bill to create a strategic Bitcoin reserve in Texas. Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve. In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott’s shoulders, roughly three months after it was introduced.  Since taking office, Abbott referred to himself as a “crypto law proposal supporter” in 2021 and suggested that he would support policies to establish Texas as a “crypto capital” in 2024. Texas was one of a handful of state-level governments that proposed setting up a strategic crypto reserve after the 2024 federal elections.    Read more

Pi price prediction: Pi has declined 10% after breaking its uptrend, and analysts have warned that insider-linked transfers—1.4 m PI routed through Gate.io from a wallet tied to the core team—may add selling pressure. With a death-cross between short EMAs, the next support zone lies at $0.73-$0.70. The post Is Pi Network About to Miss the Bull Run? Insider Selling Raises Major Red Flags (Pi Network Price Prediction) appeared first on Cryptonews.

The Justice Department has seized over $24M in crypto from alleged Qakbot Malware Developer Rustam Gallyamov and charged him over a botnet that has delivered ransomware like REvil and Conti to thousands of computers since 2008; victims are set to be reimbursed. The post Qakbot Malware Developer’s $24M in Crypto Seized – Is a Bigger DOJ Crackdown Coming? appeared first on Cryptonews.

Hyperliquid's etters have provided detailed feedback to the CFTC’s consultations on perpetual swaps and continuous derivatives trading, urging regulators to recognise DeFi’s power to improve transparency, efficiency and user control, and citing the project’s decentralised model as practical evidence. The post Hyperliquid Submits Comment Letters to CFTC on 24/7 Perpetuals Trading appeared first on Cryptonews.

Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29% […] The post Indicators show retail remains sidelined as Bitcoin trades at new highs appeared first on CryptoSlate.

Coinbase released worrying details about its data breach, Strategy caught a class action lawsuit, and three banks are considering a stablecoin.

Both Bitcoin and Ethereum exchange-traded funds this week brought in huge amounts of cash as investors rapidly buy up crypto assets.

Bitwise and UTXO Management project that 20% of all Bitcoin (BTC) could migrate to institutional balance sheets by end-2026, according to a new report published by Bitwise and UTXO Management on May 23. The study, called “Exploring the Game Theory of Hyperbitcoinization,” models five demand channels for Bitcoin. Nation-states top the list with a $161.7 […] The post Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026 appeared first on CryptoSlate.

Lessons from hyperinflation lead more people to Bitcoin, according to Ledn co-founder Mauricio di Bartolomeo. When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin (BTC) to hedge against the crumbling US dollar. Di Bartolomeo connected with me during Canada Crypto Week in Toronto, where he talked about the advantages of Bitcoin-backed loans and the rapid growth of collateralized BTC lending. In our interview, he made a compelling case for continuing to stack sats, even as Bitcoin’s price keeps rising. This week’s Crypto Biz dives into our conversation with the Ledn co-founder and covers the latest business news from the blockchain world. Read more

More than 30 members of the US Congress signed onto a letter alleging that Donald Trump could have violated the Constitution by inviting his memecoin investors to a private dinner. Members of the US House of Representatives called for the Justice Department to investigate Donald Trump’s May 22 dinner for his top memecoin investors, citing concerns about “foreign influence over US policy decisions” and “potential corruption and emoluments clause violations.” In a May 22 letter to the Justice Department, 35 House members asked the public integrity section acting chief, Edward Sullivan, to launch an inquiry over the memecoin dinner to determine whether it violated the federal bribery statute or the foreign emoluments clause of the US Constitution.  Under the emoluments clause, a US president is barred from accepting any gift from a foreign state without the approval of Congress. Bloomberg reported that a majority of the attendees at the memecoin dinner were likely foreign nationals based on their connections to ...

Labeling it proof of creeping corruption, Sen. Elizabeth Warren blasted Donald Trump’s crypto-fueled Trump gala on Thursday, arguing the $TRUMP dinner lets anonymous whales purchase presidential access. Lawmakers are now weighing tighter stablecoin rules in response.Elizabeth Warren Criticizes Trump In a May 22 press conference, Warren chided the $TRUMP dinner as an extension of Trump, […] The post Warren Blasts Trump Gala’s 220-Investor Meme Coin Dinner for Ethical Breaches appeared first on Cryptonews.

A majority of the top Trump meme coin holders earned their spots at Thursday's crypto dinner and then sold or transferred their coins, data shows.

Etherealize co-founders Vivek Raman and Danny Ryan join Decrypt reporter André Beganski to offer a vision of Ethereum's future. Diving deep into tokenization, institutional adoption, and the network's evolving economics, they argue that Ethereum is poised to become the global settlement layer for Wall Street.

US President Trump reportedly seemed unfazed by the controversy.