A hacker who took over the Tron DAO X account is estimated to have made around $45,000 in improperly solicited funds, according to a spokesperson from Tron. Speaking to Cointelegraph, the Tron public relations team confirmed that on May 2, the Tron DAO account posted a contract address and sent direct messages to solicit payments … Read more
In brief A new draft of a crypto market structure bill in the House appears poised to end the SEC’s oversight over most crypto assets. The bill would amend securities laws from the 1930s to exclude digital assets that meet certain criteria. The legislation would also move regulation of the secondary market trading of many … Read more
The Tron network has drawn closer to regaining the lead from Ethereum in Tether circulation after another big mint by the US stablecoin issuer. On May 5, Tether minted another $1 billion Tether (USDT) on the Tron network, according to Arkham Intelligence. This brings the total USDT on Tron to $71.4 billion, according to the … Read more
Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump’s increasing personal benefits from his own crypto ties. Over the weekend, Sen. Ruben Gallego, a Democrat elected to represent Arizona with $10 million in backing from crypto super PAC Fairshake, warned with eight of his colleagues that they would not vote … Read more
The new “Digital Asset Market Structure Discussion Draft” introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms and promote more participation in the broader market, according to an executive from Paradigm. The discussion draft, led by the House agricultural and financial services committee chairs Glenn Thompson and … Read more
Bitcoin dominance (BTC.D) hit 64.98% in the first week of May, which is its highest since 2021. And this has started the chatter about the delayed altcoin season. Independent analyst Markus Thielen shared on social media how the consistent trends that indicated when traders might rotate capital into altcoins are no longer valid. The underperformance … Read more
Ripple unleashes a $25 million RLUSD initiative to uplift U.S. education, delivering digital asset-powered classroom support and driving transformative impact for students and educators nationwide. Ripple Pledges $25M in RLUSD to Support US Educators Ripple announced on May 5 a $25 million education initiative in collaboration with Donorschoose and Teach For America, pledging support for … Read more
As the crypto community braces for the upcoming Federal Reserve announcements, fluctuations in the Bitcoin chart signify a potential storm for altcoins. Predictions are ripe, as analysts dissect the trajectory of Solana (SOL), Chiliz (CHZ), and CEEK Coin, focusing on their dollar value outlook for the week ahead. What Lies Ahead for Solana?Can Chiliz and … Read more
China’s Services Purchasing Managers’ Index (PMI) declined to 50.7 in April from 51.9 in March, the latest data published by Caixin showed on Tuesday. The data missed the market forecast of 51.7 in the reported period by a wide margin. AUD/USD reaction to China’s Services PMI The Chinese proxy, the Australian Dollar (AUD) remains deep … Read more
GOAT Gaming today unveiled “Amy,” its first AlphaGOAT Pro AI agent—an autonomous digital competitor designed to play, earn, and provoke in real time. Amy represents the frontier of interactive, AI-driven entertainment, merging gameplay, social engagement, and monetization into a single entity that lives within Telegram and beyond. Developed by the team behind Mighty Bear Games, … Read more