Crypto

Hacker Drains $5.9M From Ethereum Liquidity Provider TrustedVolumes

Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected. TrustedVolumes, a liquidity provider on the Ethereum blockchain, lost about $5.9 million in funds to…

Stablecoin execs warn on hard part ahead

Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Summary MoonPay VP Richard Harrison said the GENIUS Act gave firms…

Kazakhstan plans $1.9B data center hub amid persistent power shortages

Kazakhstan just signed a $1.9 billion agreement to build out a massive data center complex, betting it can become the go-to hub for AI infrastructure in Central Asia. The country’s Ministry of Artificial Intelligence and Digital Development inked the deal…

All Ripple Roads Lead Up? Analyst Maps 3 Bullish Outcomes for XRP

Here’s how XRP can skyrocket by at least 1,000%. Although most of the market saw notable gains over the past few weeks, with BTC surging to a multi-month peak at almost $83,000, Ripple’s cross-border token couldn’t really mimic the…

Pentagon publishes 162 UAP files including Apollo photos

The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio Summary The Department of War posted 162 UAP files on May 8 at war.gov/ufo, covering sightings from 1942 to 2025, with 108…

European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks

José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take a hard look at whether their financial infrastructure can survive the AI era. His message is straightforward: the systems that…

Is BTC Bracing for Another ‘Black Swan’ Event?

Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire. It’s like a few wars, rising inflation, and global uncertainty are not enough these days. Now, the world needs to pay attention…

Connecticut passes sweeping AI regulation law SB5

Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Summary Connecticut SB5 passed 131-17 in the House and 32-4 in the Senate on…

Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto

Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver a message crypto investors probably didn’t want to hear: interest rates aren’t going anywhere. Collins pointed to energy shocks stemming…

What Does ETH Need to Surge Past $3,000 Again as Whales Are Abandoning Ship?

Whales have reduced their ETH holdings by over 21% since the October peak. Ethereum’s native coin finally managed to break its all-time high during the 2025 rally, but only mildly compared to other assets, such as BTC. Its subsequent…