COINOTAG reported on May 5th that analysis from Coinglass reveals a significant trend in the cryptocurrency exchange landscape. Over the last week, centralized exchanges (CEX) experienced a net outflow of 15,064.50 BTC. Notably, Coinbase Pro led the way with an outflow of 10,461.07 BTC, followed by Binance with 7,075.83 BTC, and Bybit at 2,598.04 BTC. … Read more
The Solana Foundation has confirmed that a zero-day vulnerability that allowed an attacker to potentially mint certain tokens and even withdraw those tokens from user accounts has been fixed. A May 3 post-mortem from the Solana Foundation said that the security vulnerability, first discovered on April 16, could have allowed an attacker to forge an … Read more
Crypto romance scams are surging in Nebraska, wiping out life savings through fake investments, phony documents, and manipulative online relationships. Nebraska Issues Crypto Scam Alert After Victims Lose Savings in Romance Investment Hoax Nebraska Attorney General Mike Hilgers issued a consumer warning last week following an alarming rise in cryptocurrency scams across the state, many … Read more
Key Points: Binance and Kyrgyzstan’s partnership boosts digital asset industry growth. Crypto payments introduced via Binance Pay. Kyrgyzstan to enhance market presence in Central Asia. Binance has signed a Memorandum of Understanding with Kyrgyzstan’s National Investment Agency on May 4, 2025, to advance the local digital asset sector by leveraging Binance Pay and educational programs. … Read more
Arthur Hayes, co-founder of BitMEX, shares a resounding optimism for Bitcoin‘s valuation, predicting it might hit an impressive $1 million by 2028. His confidence stems from anticipated shifts in U.S. monetary policy and escalating budget deficits, both acting as boosters for Bitcoin’s price trajectory. What Drives the $1 Million Prediction?Is Bitcoin Becoming a Financial Refuge? … Read more
Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future. There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on its website. The company said it will decide on … Read more
Key Points: South Korea enacts crypto sale rules for non-profits and exchanges. New rules emphasize anti-money laundering measures. Market shift expected toward mainstream cryptocurrencies like BTC and ETH. The South Korean Financial Services Commission will allow non-profits and digital asset exchanges to legally sell digital assets starting June 1. These changes aim to tighten anti-money … Read more
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold. New Funding to Support Excursion Into High-Performance Computing Bitcoin mining firm Bit Digital has announced its … Read more
In a recent statement, former President Donald Trump emphasized the *significance* of **cryptocurrency** in the evolving financial landscape. Speaking during an appearance on NBC News’ *Meet the Press*, he highlighted the resilience of **crypto assets** amid recent market fluctuations, noting their growing acceptance among investors. Trump stressed that the **United States** must take proactive measures … Read more
EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment. President Donald Trump announced plans to initiate a 100% tariff on foreign-produced films, raising concerns over escalating protectionist policies. Eurozone Harmonized Index of Consumer Prices remained steady at 2.2% YoY in April, slightly above the expected 2.1%. EUR/USD is kicking off the … Read more