Crypto

Many crypto startups are losing out on venture capital opportunities due to their valuation-to-revenue ratios being excessively high, an industry executive said. Too many crypto startups are pricing themselves out of venture capital funding by chasing valuations far exceeding their revenues, according to Dan Tapeiro, the CEO of crypto-focused venture capital firm 10T Holdings. “For some reason, founders and CEOs think that they should be raising capital at 50 to 80 times revenue. So that makes it very hard for us to make a return for our liquidity providers,” Tapeiro said while speaking in a panel discussion at the Consensus conference in Toronto on May 14. 10T Holdings has passed on over 200 companies for similar reasons, including the now-bankrupt FTX, BlockFi and Celsius, Tapeiro said.  Read more

Elon Musk’s AI chatbot Grok is inserting off-topic “white genocide” claims into user queries, sparking backlash among users.

The Rideshare firm began sourcing map data from a Hivemapper-powered platform last year, Decrypt has learned.

Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations.  Bitfarms said in its latest Management’s Discussion and Analysis of the first quarter performance that the lower financial income contributed to […] The post Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M appeared first on CryptoSlate.

Retail investors have been the biggest net sellers of Bitcoin throughout 2025, but this might change once BTC hits new price highs. Key takeaways: Google search data and app rankings show retail Bitcoin investor demand near 6-month lows. Retail investor interest typically peaks 1 week after BTC breaks all-time highs. Read more

Asprey Studio’s 11 sterling silver sculptures based on Albrecht Dürer’s 1514 print will be paired with Bitcoin Ordinals inscriptions.

Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages. The post Russian Power Engineers Develop New Solutions to Hunt Illegal Crypto Miners appeared first on Cryptonews.

The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a long-term plan to raise Ethereum’s security standards in line with its growing importance in global finance. The Foundation said it aims to position Ethereum as a network capable of securely holding trillions of dollars in assets for individuals and institutions. According to the […] The post Ethereum Foundation aims to secure the future with trillion-dollar security initiative appeared first on CryptoSlate.

Dogecoin price continues to gain strength after the SEC acknowledged 21Shares’ spot DOGE ETF filing, and the altcoin’s active addresses increased by 528%. Key Takeaways: Dogecoin's active addresses surged 528% to 469,477. DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest. Read more

Shiba Inu price has sustained a strong climb since early April, supported by easing US-China tariff pressures, cooler inflation and steady economic data. Breaking a long-term downtrend and bouncing off key moving averages, the meme token has eyed a potential doubling toward late-2024 highs. The post Shiba Inu Price Analysis: SHIB Primed For 2x Explosion as Meme Season Returns appeared first on Cryptonews.

Coinbase CEO Brian Armstrong has called on former Department of Government Efficiency staff to apply through a fast-track hiring route, citing their “proof-of-work.” His appeal follows reports of social backlash for DOGE workers and growing criticism of Elon Musk’s deregulation project. The post Coinbase Fast-Tracks Ex-DOGE Staff Amid Musk Deregulation Backlash appeared first on Cryptonews.

Bitwise Chief Investment Officer Matt Hougan said on May 14 that a “big unlock” is occurring across the financial advisory space regarding crypto investments. After attending a major advisory firm’s conference, Hougan shared his expectations that most major firms will enable crypto exchange-traded product (ETP) access by the end of 2025.  He added that interest […] The post Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm appeared first on CryptoSlate.

BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said.

Ethereum price could hit new all-time highs if AI adoption, spot ETH ETF inflows and the improvements of the Pectra upgrade move in the right direction. Key takeaways: A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism. Read more

Shares of stock brokerage and crypto trading platform eToro closed 29% higher on Wednesday following its Nasdaq debut, settling around $67.

The “Trillion Dollar Security Initiative” seeks to address legacy systems' issues and support Ethereum developers. The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum's role in programmable digital assets. Fredrik Svantes, a protocol security research lead, and Josh Stark from the Ethereum Foundation management team will be the initial co-chairs of the initiative. Three contributors to the Ethereum ecosystem — samczsun, Medhi Zerouali, and Zach Obront — will help guide the project. Called the Trillion Dollar Security Initiative, the effort seeks to analyze, improve, and communicate to Ethereum developers areas where security can be improved, including user experience, wallet security, smart contract security and infrastructure. Read more

Kinexys has settled a tokenized Treasury trade on Ondo Chain using Chainlink’s CRE, connecting JPMorgan’s private blockchain to a new public Layer 1. The Delivery-versus-Payment test has shown how cross-chain workflows can cut settlement risk and improve transparency for institutional investors. The post Kinexys Ignites TradFi-DeFi Shift with Landmark Tokenized Treasury on Ondo Chain appeared first on Cryptonews.

Telegram has removed thousands of Xinbi and Huione channels after analysts traced $8.4B in laundered USDT through these marketplaces. The move shows how encrypted messaging and stablecoins have fueled industrial-scale fraud and human-trafficking rings across Southeast Asia. The post Telegram Torches Chinese Crypto Laundering Hubs in $8.4B USDT Crackdown appeared first on Cryptonews.

Top-ranking House Democrats are requesting U.S. Treasury suspicious activity reports related to the Trump family’s crypto endeavors.

The senior presidential aide also defended the Trump family's crypto ties.