Coinbase data breach 2025: What was stolen and what you need to know
Background of Coinbase’s May 2025 breach Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million. Before examining the breach, it is interesting to understand how it happened at a public […]
Polygon-backed, high-yield blockchain launches for institutional adoption
The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch […]
Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes
Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. BTC/USD continues to drop toward new multiday lows. Bitcoin (BTC) sold off at the May 28 Wall Street open […]
Bitcoin’s physical infrastructure is the industry’s most overlooked asset
Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to […]
Elderly crypto investors are getting scammed: Teach them these key safety tips
Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology. Let’s understand why seniors are key targets. Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets. Lower tech fluency: Navigating crypto wallets, […]
GameStop officially confirms first Bitcoin purchase of 4,710 BTC
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account. The company did not specify how much it paid for the Bitcoin (BTC) or when the purchases were made. The amount purchased was worth around […]
XRP price set for 48% jump as spot ETF reality draws closer
Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF could spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an […]
TON Foundation hires former Visa executive to lead payments strategy
The Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments. Plecas will be responsible for shaping and executing TON’s payment infrastructure strategy, the company said in a May 28 blog post. He is tasked with expanding the network’s capabilities, managing financial partnerships and ensuring compliance across […]
Bitcoin whales keep buying as BTC price dip targets include $94K
Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance. Bitcoin (BTC) may see support only at $94,000 if a fresh BTC […]
Fungible cryptos in secondary sales are not securities, Ripple tells SEC
Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC). In its May 27 letter, Ripple cited US attorney and crypto law thought leader Lewis Cohen to support its claim. In his widely cited […]