Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry’s history. Coinbase will acquire Panama-based Deribit, which currently handles a massive volume of global Bitcoin and crypto options trading volume. Subject to regulatory approvals, the acquisition is expected to close in the … Read more
Standard Chartered’s Head of Digital Assets, Geoffrey Kendrick, is rethinking his bullish bitcoin forecast, and not because he was too optimistic. “I apologise that my USD120k Q2 target may be too low,” Kendrick said Thursday in an email to clients, walking back his earlier prediction that bitcoin would peak around $120,000 in Q2 2025. Just … Read more
Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing. In a May 8 filing in the US District Court for the Southern District of New York, Judge John Koeltl approved an application for Mashinsky to travel from New York … Read more
A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug … Read more
Topline Bill Gates on Thursday accused Elon Musk of “killing the world’s poorest children” after Musk’s Department of Government Efficiency shut down the U.S. Agency for International Development earlier this year, as Gates said his foundation dedicated to giving away his billions will wind down operations by 2045. The organization, founded in 2000, was previously … Read more
This content is provided by a sponsor. PRESS RELEASE. Singapore, May 8, 2025 – HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON. The campaign … Read more
Opinion by Jonathan Farnell, CEO of Freedx It’s 2025, and over 560 million people worldwide are already using cryptocurrency — roughly 17 times the population of Tokyo. That’s a vibrant community, yet for every user who’s embraced it, billions more stand on the sidelines, put off by the complicated interactions and clunky interfaces of protocols, … Read more
Republican and Democratic senators have reportedly reached an agreement on the GENIUS Act, which would create a clear regulatory framework for stablecoins. The actual text of the bill that has secured bipartisan support is not yet public. Senate Democrats have requested more time in order to be able to brief their caucus about the bill. … Read more
The post Altcoin Season is Here: XRP, ADA, SUI, ETH Rally appeared on BitcoinEthereumNews.com. The post Altcoin Season is Here: XRP, ADA, SUI, ETH Rally appeared first on Coinpedia Fintech News Bitcoin is racing towards $100,000 as the crypto market heats up, thanks to the Fed’s signals and Trump hinting at a trade deal. Altcoins … Read more
LockBit, one of the most well-known Ransomware-as-a-Service (RaaS) groups, suffered a serious security breach that exposed around 60,000 Bitcoin addresses. On May 8, blockchain security firm SlowMist reported that hackers exploited a PHP 0-day or 1-day vulnerability to gain unauthorized access to LockBit’s backend systems and admin console. SlowMist pointed out that the hack resulted … Read more