In the last Mempool article, I went over the different kinds of relay policy filters, why they exist, and the incentives that ultimately decide how effective each class of filter is at preventing the confirmation of different classes of transactions. In this piece I’ll be looking at the dynamics of the relay network when some … Read more
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 … Read more
Key Points: Changpeng Zhao accuses WSJ of monetary influence. Market impact involves both criticism and support. BNB shows resilience amid media scrutiny. Changpeng Zhao, founder of Binance, alleges that the Wall Street Journal took funds to discredit the company, sparking significant reactions in the crypto community. This event highlights ongoing tensions between Binance and media … Read more
Understanding the Curve Finance DNS hijacking 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 … Read more
Medical equipment provider Semler Scientific has acquired 455 Bitcoin for $50 million, marking it one of the largest purchases as more publicly traded companies continue to adopt Bitcoin treasury strategies. According to a Form 8-K filed with the SEC on May 23, the company purchased the Bitcoin between May 13 and May 22 at an … Read more
Bitcoin Magazine Are Bitcoin Long-Term Holders Starting to Sell? After a volatile start to 2025, Bitcoin has now reclaimed the $100,000 mark, setting a new all-time high and injecting renewed confidence into the market. But as prices soar, a critical question arises: are some of Bitcoin’s most experienced and successful holders, the long-term investors, starting … Read more
Major U.S. banks are weighing forming a potential consortium to issue a joint stablecoin to challenge the dominance of Tether and Circle’s stranglehold over the ballooning $245 billion stablecoin market. Wall Street Banks In Early Talks For Joint Stablecoin Venture According to a Wall Street Journal report, talks are ongoing between financial heavyweights, including JPMorgan … Read more
If you’re like me and enjoy a little competition, Wild.io’s latest weekend tournament is just the thing to liven up your slot sessions. Legendary gaming provider GameBeat now has its Blitz Tournament live at crypto-friendly casino Wild.io, offering a $1,000 prize pool and some seriously fun titles to spin. It’s all happening between May 23rd … Read more
Key takeaways: After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Solana shows … Read more
The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago. It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the … Read more