HeyMint is Alchemy’s second acquisition this month, joining the recently announced Solana ecosystem company Dexter Lab. Web3 developer platform Alchemy has acquired HeyMint, a California-based non-fungible token (NFT) launchpad, in a move designed to enhance the company’s smart wallet infrastructure. The undisclosed funding deal will see HeyMint’s infrastructure embedded within Alchemy as it seeks to simplify user onboarding for Web3 applications, the company disclosed on May 23. HeyMint’s co-founder and chief technology officer, Flor Ronsmans De Vry, joins Alchemy as part of the deal. While not a household name in crypto, HeyMint attracted more than 1 million users over its first two years of operations. It was the launchpad behind $38 million in NFT sales and supported the Web3 efforts of major brands, including The Sandbox, Universal Music Group and Ubisoft. Read more
BTC price action becomes "driven by headlines" as US tariff war woes spark a retreat to near $107,000 — where will Bitcoin find support? Key points: Bitcoin joins risk assets in a knee-jerk reaction to the latest instalment of the US trade war, this time focused on the EU. BTC price action dives up to 4% before recovering with $110,000 now a resistance level. Read more
Blockchain's rigidity limits Web3. Web3's scalability and future lie beyond traditional blockchains. Expect a shift toward flexible, verifiable systems prioritizing efficiency over rigid total ordering Opinion by: Grigore Roșu, founder and chief executive officer of Pi Squared For some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around Bitcoin, Ethereum, and their descendants. Given blockchain's well-documented scaling limits, however, there is an argument to be made that Web3 doesn't actually need blockchains to thrive. Instead, it requires payment systems and verifiable settlement systems that are super fast. Blockchains are just one way to achieve that, not the only way. While blockchain solved the double-spending problem, it introduced its own architectural burden: the rigid fixation on total ordering, dictating that every transaction must wait its...
The controversial Trump memecoin dinner saw a number of crypto entrepreneurs, as well as sports stars and even anonymous influencers. The top 220 holders of US President Donald Trump’s memecoin met yesterday at the president’s golf course in Virginia for an exclusive dinner and purported meet-and-greet. Attendees spent a grand total of $148 million for an “ultra-exclusive VIP reception with the president,” which crypto industry advocates and critics alike saw as a potential opportunity to discuss crypto policy with the president. The crowd contained a number of foreign crypto executives and influencers who otherwise would not have access to the US president, raising questions around corruption and foreign influence. Read more
Ether price eyes a 56% rally to $4,000 as it confirms a classic bullish pattern amid increasing network activity. Key takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout to $4,000. If Ethereum’s network activity and total value locked continue to grow, ETH price may see further gains. Read more
The US Department of Justice filed a civil forfeiture complaint to claim over $24 million in cryptocurrency tied to Qakbot malware developer Rustam Rafailevich Gallyamov. The US Department of Justice (DOJ) has filed a civil forfeiture complaint to seize more than $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of developing the Qakbot malware. According to a May 22 announcement, the DOJ unsealed charges against the 48-year-old Moscovite with a federal indictment. Gallyamov is allegedly the malware developer behind the Qakbot botnet. “Today’s announcement of the Justice Department’s latest actions to counter the Qakbot malware scheme sends a clear message to the cybercrime community,” said Matthew Galeotti, head of the DOJ’s criminal division. Read more
Curve Finance attackers used DNS hijacking to exploit its front end, redirecting users to a fake site and draining wallets. On May 12, 2025, at 20:55 UTC, hackers hijacked the “.fi” domain name system (DNS) of Curve Finance after managing to access the registrar. They began sending its users to a malicious website, attempting to drain their wallets. This was the second attack on Curve Finance’s infrastructure in a week. Users were directed to a website that was a non-functional decoy, designed only to trick users into providing wallet signatures. The hack hadn’t breached the protocol’s smart contracts and was limited to the DNS layer. Read more