Hong Kong digital yuan pilot lacks P2P capabilitiesWhile Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.May 17, 2024Zoltan Vardai
Turkey proposes aligning crypto legislation with international standardsThe draft law aims to govern crypto asset service providers, crypto asset platform operations, crypto asset storage, and crypto asset buying, selling and transfer transactions.May 17, 2024Prashant Jha
Bitcoin ETF volumes hit 7-week high as BTC price nears $67KBitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC’s price hitting new May highs.May 17, 2024William Suberg
Bitcoin bridge XLink resurrection underway post $10M hackXLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood white hat hacker.May 17, 2024Josh O'Sullivan
Bitcoin analysis mostly ‘noise,’ a $70K breakout is what mattersAnother Bitcoin break above $70,000 will be a significant signal for traders, but according to Mati Greenspan, analysis is “pretty futile” until it happens.May 17, 2024Ciaran Lyons
Reddit shares jump after-hours on OpenAI data-sharing dealReddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” with the AI firm back new features on the social platform.May 17, 2024Brayden Lindrea
Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analystsAltcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.May 17, 2024Ciaran Lyons
DTCC, Chainlink complete fund data tokenization pilot with US banksThe pilot program tested a method of bringing traditional finance fund data onto blockchains, with big banks JPMorgan and BNY Mellon also involved.May 17, 2024Tom Mitchelhill
Memecoin launcher pump.fun claims ex-employee behind $1.9M exploitPump.fun said its smart contracts are safe, and impacted users will receive “100% of the liquidity” that it previously had within the next 24 hours.May 17, 2024Brayden Lindrea
Bybit’s Notcoin listing debacle, China firm’s profits up 12-fold after crypto buy: Asia ExpressBybit CEO apologises for Notcoin listing woes, Hong Kong crypto ETFs dissapoint, China firm’s profits surge 1100% after crypto buyMay 16, 2024Zhiyuan Sun
‘Crypto King’ Aiden Pleterski faces fraud, money laundering chargesPleterski and an associate were arrested months after multiple investor complaints and months of police investigation.May 16, 2024Derek Andersen
Bitcoin moves toward range highs but derivatives traders watch from the sidelinesBitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.May 16, 2024Marcel Pechman
VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investorsFunding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market.May 16, 2024Ana Paula Pereira
Big miners pose a growing existential threat to BitcoinAs of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future.May 16, 2024Kadan Stadelmann
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.”May 16, 2024Nancy Lubale
French regulator warns investors Bybit provided services ‘illegally’The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.”May 16, 2024Turner Wright
Harvard built hacker-proof quantum network in Boston using existing fiber cableAccording to the scientists, the 22-mile distance between nodes is the longest quantum fiber network to date.May 16, 2024Tristan Greene
Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target.May 16, 2024Nancy Lubale
US Senate passes resolution overturning SEC crypto rule on banksU.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on their balance sheets.May 16, 2024Turner Wright
Vitalik Buterin says OpenAI’s GPT-4 has passed the Turing testButerin’s comments reference new research indicating most humans can no longer tell when they’re talking to a machine.May 16, 2024Tristan Greene
India’s SEBI recommends local regulators monitor crypto tradingDocuments reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India.May 16, 2024Ana Paula Pereira
How and when to sell your crypto: A simple guideThe latest Cointelegraph video explains how to set up a successful exit strategy in crypto using a few simple steps.May 16, 2024Giovanni Pigni
M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst The growth of the money supply is historically correlated with previous Bitcoin price bull runs.May 16, 2024Zoltan Vardai
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan SalameSam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX.May 16, 2024Turner Wright
Crypto VCs are back in action amid market rallySeries funding rounds have sprung back, albeit still remaining well below their all-time highs of $4.5 billion in monthly deals during the previous crypto market cycle.May 16, 2024Zhiyuan Sun
Bitcoin shrugs off US jobs data as BTC price gives up $66K supportBitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers.May 16, 2024William Suberg
OpenAI’s ‘iPhone moment’ trumps Google, AI lies, porn and dating: AI EyeOpenAI’s voice assistant upstages Google, plus why do AIs lie... and should they date each other? AI Eye.May 16, 2024Andrew Fenton
Animoca Brands leads $7M funding round for Param LabsThe lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs’ CEO.May 16, 2024Zoltan Vardai
Regulatory crackdown spawns anti-SEC ‘CultureCoin’The creators of NotWifGary aim to “stand [their] ground against Gary Gensler and the SEC” in support of Ethereum and open-source developers.May 16, 2024Josh O'Sullivan
‘We’re just scratching the surface’ of crypto and AI — Microsoft execThe symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.May 16, 2024Andrew Singer