Crypto

A popular X account with a growing audience published an investigation into Pi Network about its legitimacy.

This move bolsters the crypto exchange's presence in the region after it secured a MiCA license in January.

Trugard and Webacy have launched a machine learning–powered AI tool to detect crypto wallet address poisoning, claiming a 97% success rate. Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning. According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with onchain analytics, feature engineering and behavioral context.” The new tool purportedly has a success score of 97%, tested across known attack cases. “Address poisoning is one of the most underreported yet costly scams in crypto, and it preys on the simplest assumption: That what you see is what you get,” said Webacy co-founder Maika Isogawa. Read more

The Solana price has risen by 0.5% in the past 24 hours, but could further ETF delays send it plunging very soon? The post Solana Price Prediction: ETF Delays Raise Red Flags – Is a Drop Below $100 Coming? appeared first on Cryptonews.

In Q1 2025, Pyth recorded $149.1 billion in Total Transaction Value (TTV), down 14.9% from the previous quarter but up 376.6% year-over-year. Total Value Secured (TVS) declined 3.0% to $7.15 billion, the smallest drop among major oracles. Price updates fell 78.3% to 78.7 million, driven by reduced DeFi activity and throttled sponsored feeds. Aptos remained the top chain with 60.1 million updates, while Solana increased to 19.6 million. Berachain and Sonic were newly added, contributing 9.8 million and 4.5 million updates, respectively. Pyth Entropy processed 1.62 million requests, up 479.4% quarter-over-quarter, generating $32,785 in revenue. Oracle Integrity Staking grew substantially, with PYTH staked rising 176.4% to 638.7 million tokens. On Solana, Express Relay facilitated $171 million in limit order volume on Kamino, with searcher tips paid to users reaching approximately $95,000, up 855% from the prior quarter.

The Pi Network price has jumped by 9% in the past 24 hours, but do its indicators point to even bigger gains to come? The post Pi Coin Explodes Back to Life – Is a Surge to $100 Now in Play? (Pi Network Price Prediction) appeared first on Cryptonews.

Mitroplus Labs said its founder was forced to send crypto from multiple wallets by men impersonating military officers.

The GENIUS Act would legitimize stablecoins for institutional adoption and set a precedent for other global jurisdictions, according to the managing partner of DWF Labs. Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote on May 20 and is now heading to a debate on the Senate floor. The bill seeks to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws. Read more

Avalanche (AVAX) was also among the top performers, rising 3.5% from Tuesday.

"Invisible" crypto infrastructure provider SukuPay is now integrated into Guatemala's biggest banking provider, Banco Industrial. Guatemala’s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology.  SukuPay’s infrastructure has been fully embedded inside the Zigi payment app, allowing Guatemalans to receive funds from the United States instantly for a $0.99 flat fee, the company disclosed on May 21.  Users of the Zigi app do not need a crypto wallet or an International Bank Account Number (IBAN) to receive the funds, the company said.  Read more

The firm expects its 19.9 MW bitcoin mine to be running by the end of July.

Richard Murray, former CEO of crypto asset manager Hilbert Capital, has recently joined Temple Capital as a partner of the firm.

SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee, using only a phone number within their Banco Industrial mobile app Zigi.

Hong Kong's Legislative Council has passed the Stablecoin Bill, paving the way for licensed fiat-backed stablecoin issuers by year-end and positioning the region as a potential global Web3 hub. Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill had passed its third reading, clearing the final hurdle for adoption. “It is expected that by the end of this year, major institutions will be able to apply to the Hong Kong Monetary Authority to become licensed stablecoin issuers,” Ng said. Read more

U.S.-listed miners also produced fewer bitcoin last month than in March.

The pattern has raised the probability of ratio breaking out of its prolonged sideways trend in a sign of major XRP uptrend.

Cardano's performance in Q1 2025 reflected a network in transition against a challenging market backdrop. ADA's market cap declined 21% QoQ to $23.8 billion as the token price fell 22% to $0.66, largely tracking the broader 19% decline in total crypto market cap. Network activity showed reduced engagement with quarterly fee revenue dropping 32% to $1.2 million while average daily transactions fell 28% to 71,500. Notably, despite price volatility, staking commitment remained stable with total staked ADA decreasing only 1% to 21.6 billion, underscoring continued long-term holder conviction. Ecosystem metrics revealed divergent trends, with DeFi TVL contracting 29% QoQ to $319.3 million (compared to a 17% industry average decline). In comparison, the stablecoin market cap expanded 30% to $30.1 million, driven by fiat-backed options like USDM and USDA. The Plomin Upgrade, enacted via CIP-1694, empowered 1,220 DReps to drive trustless governance, marking a historic milestone. With Ouroboros Leios poised to reduce ...

Yield-bearing stablecoins have surged to $11 billion, driven by regulatory shifts and increasing user demand, with Pendle capturing 30% of that. Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024. One of the biggest winners is Pendle, a decentralized protocol that enables users to lock in fixed yields or speculate on variable interest rates. Pendle now accounts for 30% of all yield-bearing stablecoin total value locked (TVL), roughly $3 billion, the firm said in a report shared with Cointelegraph.   Pendle noted that stablecoins make up 83% of its $4 billion total value locked, a sharp rise from less than 20% just a year ago. In contrast, assets such as Ether (ETH), which historically contributed 80%–90% of Pendle’s TVL, have shrunk to less than 10%. Read more

Your day-ahead look for May 21, 2025

The decision reversed a lower court ruling that seized cash totalling $28,000 should be returned to the scam victims.