This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Sui’s largest decentralized exchange, Cetus, was exploited on May 22 for over $220 million — the most severe DeFi incident in the network’s short history. It raised difficult questions about validator power, decentralization and reactive governance. The attacker exploited faulty math in … Read more
Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout … Read more
Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout … Read more
Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows. Bitcoin (BTC) surpassed its old all-time high on May 21, two days after President Donald Trump confirmed ongoing … Read more
It’s been 30 years since computer scientist Ben Goertzel wrote his first line of AI code, already convinced that artificial intelligence should be decentralized. Today, as the world approaches the dawn of Artificial General Intelligence (AGI), who leads this breakthrough could have profound consequences for the future of humanity. Speaking with Cointelegraph at the Consensus … Read more
A man who converted cash into Bitcoin for scammers and a drug dealer has been sentenced to six years behind bars. Trung Nguyen of Danvers, Massachusetts ran an unlicensed, “no questions asked” money transmitting business called National Vending, according to a statement released by the U.S. Justice Department. More than $1 million was converted into … Read more
Popular Bitcoin critic and gold advocate Peter Schiff has once again issued new assertions to downplay the broad crypto ecosystem. This time, the vocal critic has described crypto and tech investors as ignorant amid rising rates, in an X post on May 21. Although Bitcoin has seen a sharp surge today, pushing its price to … Read more
Major US banks eye joint stablecoin launch to counter digital asset competition. Legislation like the GENIUS Act is clearing the way for regulated stablecoin expansion. Stablecoins may dominate by 2030, pushing banks to modernize fast. Large banks venture into digital currency to remain competitive within the new crypto-financial environment. In a dramatic change of strategy, … Read more
Coinbase (COIN), Marathon Digital Holdings (MARA), and Galaxy Digital (GLXY) are making significant waves in the cryptocurrency market amidst recent market fluctuations. Following a data breach, Coinbase’s resilience is notable, while MARA’s robust Bitcoin reserves provide a positive outlook despite recent losses. Galaxy Digital faces challenges post-Nasdaq debut but remains committed to innovative projects in … Read more
Key takeaways: Bitcoin’s performance in the current bull market and a new cohort of buyers reflect a maturing market and widening adoption. A 50% rise in hashrate and a 63% jump in Realized Cap highlight investors’ confidence in Bitcoin. A recent report from Fidelity Digital Assets explored how the current Bitcoin market cycle reflects a … Read more