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Starknet Foundation launches $5M grants program

The funding aims to help developers with final-stage blockchain projects come to market and boost overall blockchain innovation.

Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows

GBTC has recorded inflows for two consecutive days — bringing its total inflows to $66.9 million.

How long does it take to mine 1 Bitcoin?

Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?

Kronos Research hacker shifts funds to Tornado Cash

Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.

Polygon’s ZK-rollup Ethereum scaler Miden hits testnet

The Ethereum layer-2 scaling solutions provider is going up against StarkWare’s tech stack Starknet.

Ore wins Solana hackathon despite disrupting Solana’s network in April

A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected.

Tom Brady grilled on FTX ties in Netflix roast — ‘He fucked those people’

Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX.

Bitcoin ‘as strong as ever’ with record high 200-day moving average

The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.”

SEC punts Galaxy spot Ethereum ETF decision to July

The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5.

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Marathon Digital will officially be added to the index fund on May 8.

Memecoins sell-off as Bitcoin price takes the spotlight — Is meme season over?

Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery.

Central banks must revise business model, embrace CBDCs — ECB member

Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.

Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say

Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.

Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

Gnus.AI Discord hack causes $1.27M in losses

The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.

Bitcoin distribution ‘danger zone’ over, analysts say

Bitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 reaccumulation range, new analysis suggests.

Fairshake PAC and affiliates raise $102M to support crypto candidates

The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.

Marathon Digital, Kenyan government discuss crypto policy, energy use

The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.

Bitcoin price still in ‘prime buy zone’ even with rally to $65K

Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 on May 6.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction

The exchange-traded funds only managed to attract around $22.5 million in inflows during their first week of launch.

Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Why is Cardano (ADA) price up this week?

Broader market uptrends and Charles Hoskinson's proposal to partner with Bitcoin Cash are boosting Cardano prices at the start of this week.

First Bitcoin-backed synthetic dollar to launch with 25% yield

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

Robinhood crypto business slapped with SEC Wells notice

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.

Nasdaq-listed Tiger Brokers rolls out online crypto trading to Hong Kong

The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs.

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