May, 2025

May, 2025

Negotiations are ‘90% there’ as lawmakers continue talks on Senate stablecoin bill
U.S. lawmakers are "90% there" when it comes to supporting a Senate stablecoin bill following a failed vote last week. ...

FTX to begin $5 billion in creditor payouts May 30 under bankruptcy plan
Bankrupt crypto exchange FTX will disburse more than $5 billion to creditors beginning May 30 via distribution partners BitGo and Kraken. ...

France’s interior minister to meet with crypto leaders after wave of violent ‘wrench attacks’
There have been at least five attempted assaults on public and private crypto figures in France, out of 25 reported instances around the world....

eToro CEO says Warren Buffett convinced him to focus less on crypto
"I think nobody doubts that crypto is here to stay," eToro CEO Yoni Assia said Thursday on CNBC....

JPMorgan says bitcoin likely to have more upside than gold in H2 2025
Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts....

Coinbase estimates $180M to $400M in costs tied to customer data breach: filing
Coinbase confirmed that cyber criminals bribed some of its offshore customer service representatives to obtain user data....

Wintermute expands to NYC and taps policy veteran Ron Hammond amid a friendlier regulatory shift in the US
Wintermute is expanding to New York City, tapping policy veteran Ron Hammond as it positions itself in a favorable regulatory environment....

Coinbase offers $20 million bounty on data thieves who tried to extort exchange
Data thieves demanded $20 million from Coinbase to not publish stolen customer data. The company has now offered the same amount bountry on the extorters....

Cathie Wood’s Ark Invest buys $9.4 million worth of eToro shares on Nasdaq debut, sells $7.9 million of its own Bitcoin ETF
Ark also bought $7.6 million of 3IQ's Solana staking ETF and sold shares in Jack Dorsey's Block as it rebalanced its fund weightings....

Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million exploit
Multichain Foundation was hacked for over $210 million in 2023, where Sonic Labs sustained damages of around one-third of total losses....

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