Alex Mashinsky was given 12 years in prison for deceiving Celsius customers and losing billions from investors. The company disappeared in 2022 after closing withdrawals and concealing risky bets placed with customer resources. Alexander Mashinsky, the founder and former CEO of Celsius Network, has been sentenced to 12 years behind bars for misleading investors and … Read more
Hut 8 Corp. (Nasdaq | TSX: HUT) reported a Q1 2025 net loss of $134.3 million, marking a turbulent start to the year as the company executes a bold strategy to become a fully integrated energy infrastructure platform. Quarterly revenue came in at $21.8 million, down from $51.7 million year-over-year, while Adjusted EBITDA was reported … Read more
Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, … Read more
Key Notes Brazil’s B3 Exchange is set to launch Ethereum and Solana futures contracts on June 16, 2025. Each contract will be settled in USD, with sizes set at 0.25 ETH and 5 SOL. The move is designed to attract institutional investors and enhance crypto market liquidity. Brazilian stock exchange B3 has announced plans to … Read more
Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year. Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company’s earnings report, published May 9. Cost of revenue rose … Read more
Stakestone announced Friday its integration with World Liberty Financial (WLFI) is now live, enabling cross-chain asset transfers, yield generation, and capital access without lock-in periods. USD1 Stablecoin Anchors Stakestone’s Multichain Ecosystem Stakestone is an Omnichain liquidity protocol that lets users stake ethereum (ETH) or bitcoin (BTC) for liquid tokens like STONE and SBTC. These tokens … Read more
Crypto markets in 2025 are shaping up to be a battleground between established giants and fast-rising disruptors. While Bitcoin continues to lead the charge with its march toward new all-time highs, a new player—Ozak AI—is capturing the imagination of early investors with bold predictions of a 300x return from its $0.003 Ozak AI presale level. … Read more
What signals are smart blockchain projects sending right now? The spotlight in blockchain is shifting rapidly—and not toward speculation, but toward foundational change. Today’s focus is firmly on platforms like Qubetics that are addressing deep-rooted inefficiencies. From settlement delays to fragmented chain ecosystems, the most valuable innovations are coming from those removing friction at scale. … Read more
Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards … Read more
In today’s crypto world, success often depends on more than one strong feature. Projects like Solana and Pi Network are gaining attention with performance updates and network growth. Still, Web3 ai is carving its path by focusing on practical tools that help users take action in real time. With 12 built-in AI tools in one … Read more