Crypto

Your day-ahead look for May 13, 2025

Ripple's native token XRP has seen an 11% price increase over the past week, climbing to $2.41 amid renewed investor optimism. The post Ripple Whale Moves $782M in XRP: How Could XRP Price React? appeared first on Cryptonews.

Meta removed a fake AI ad using Curtis’ likeness after she publicly urged the firm’s CEO to act, citing misuse of her voice and image.

In Q1 2025, Flow’s DeFi TVL set a new high (+18 % QoQ), daily active addresses more than doubled, and core-repo commits rose 27 %, making it the quarter’s quickest-growing Layer-1 by developer traction. The arrival of LayerZero, Axelar, and deBridge bridges, as well as an OpenSea integration, broadened liquidity and user demand.

Anatoly Yakovenko proposed a data availability layer to connect crosschain data across leading networks, boosting blockchain interoperability. Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks. In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana. “This would actually allow the meta chain to use the cheapest currently available DA offer,” Yakovenko said. Read more

"User funds are safe. Curve smart contracts remain secure," the project's team said.

Cointelegraph partners with TheBlock. to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage. Dubai, UAE – May 2025 — TheBlock., the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and supporting builders entering the MENA region. The agreement, signed during Token2049 Dubai, highlights Cointelegraph’s growing collaboration with key players in the UAE. This new partnership will foster deeper collaboration and mutual support across TheBlock’s ecosystem. As part of the collaboration, Cointelegraph will set up a presence at TheBlock’s headquarters in Dubai World Trade Center, offering opportunities for engagement with founders, partners, and clients within the ecosys...

Tether Gold has arrived in Thailand with a listing on Maxbit, an exchange backed by PTG Energy, a major Thai energy conglomerate. Tether, issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit. In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit. According to an X announcement by Maxbit, the platform is the first in Thailand to offer a “tokenized gold pair backed by physical gold.” Read more

The $300 million raise is part of the GD Culture Group’s ambition of “embracing blockchain-driven industrial transformation.” GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve. In a May 12 statement, GDC and its subsidiary, AI Catalysis, announced entering into a common stock purchase agreement with a British Virgin Islands limited liability company to sell up to $300 million of its common stock. The proceeds from the stock sale will be used to fund the firm’s crypto treasury, which will include purchases of Bitcoin (BTC) and the Official Trump (TRUMP) token. Read more

Bitcoin's hodler entities are more active than ever as a record 14 million BTC gain "illiquid supply" status, with whales still accumulating above $100,000. Key points: Bitcoin has seen its largest 30-day illiquid supply increase of the current bull market. Illiquid supply now stands at 14 million BTC, more than ever before. Read more

The browser's native wallet will expand to support ADA, governance features and Cardano-based tokens.

Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments, but signed a bill regulating crypto ATMs. Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto assets obtained through seizures or legislative allocations. “Current volatility in cryptocurrency markets does not make a prudent fit for general fund dollars,” she stated in her veto letter. “I have already signed legislation this session which allows the state to utilize cryptocurrency without placing general fund dollars at risk,” she added. Read more

From a dystopian Netflix episode to a blockchain-based reality, Black Mirror’s AI reputation system is now a game you can play. Created by Charlie Brooker, this British sci-fi series debuted in 2011 and quickly became a cultural touchstone for its dark, satirical take on technology. Imagine a world where every like, comment and blockchain transaction shapes your social standing, where an AI watches your every digital move and assigns you a score that dictates your rewards or your restrictions.  Read more

An announcement on plans to list in New York is expected soon, executive chairman Yat Siu said in an interview.

Trump Media denied plans for a Truth Social meme coin, but past token proposals and ongoing crypto ventures continue to fuel confusion.

Any claims or attempts of a Truth Social token are by "scammers," the younger Trump said in an X post.

Shares of GD Culture fell sharply after the company unveiled a $300 million crypto reserve plan that followed a Nasdaq delisting warning.

Creators will now earn 0.05% of trading volume in SOL from PumpSwap trades, shifting incentives away from early dumps and toward sustainable growth.

Arizona Governor Katie Hobbs vetoed SB1373, saying market volatility makes it an imprudent fit for state fund management.

A federal court tossed a proposed class action accusing Caitlyn Jenner of crypto fraud, but left the door open for an amended complaint.