Crypto

The Senators said the tax rule would leave U.S. firms at a disadvantage to foreign competitors and urged Treasury to “act swiftly.”

The daughter and grandson of a French crypto exchange co-founder have narrowly escaped armed abduction in Paris.

Rooted in warmth and sunshine, boosted by pop culture, the name Solana is now one of America's most popular baby names.

Tether’s market cap just passed $150.66 billion, setting yet another record and extending its dominance over every rival combined. Data from DeFiLlama showed USDT expanded by roughly $830 million in the past week and more than $5.5 billion since mid‑April. The headline total matters on its own, but the real insight lies in how the tokens are distributed: […] The post Tron strengthens grip on USDT, claiming nearly half of its $150B supply appeared first on CryptoSlate.

Yields on the 10-year are rising amid renewed risk sentiment from U.S.-China tariff relief, testing crypto’s resilience as narratives shift.

Securing a whole chain will take too long, so why not go piece by piece with the largest whales putting their stash in quantum vaults first.

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger. Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor Equity Partners disclosed in a May 13 filing with the US Securities and Exchange Commission. It brings Twenty One’s total Bitcoin holdings to 36,312 BTC, as Cantor Equity Partners holds 31,500 BTC on behalf of the firm, which will trade under the ticker XXI once the SPAC merger is complete. Read more

A petition to preserve a Black Mirror episode has gained traction after Netflix removed the last of its interactive segments.

Curve Finance is moving permanently to a new web domain following a targeted DNS attack that exposed users to phishing risks. On May 13, the DeFi protocol confirmed that it will operate on Curve.finance, replacing the compromised Curve.fi. The protocol explained that it was making the move because of the prolonged downtime and limited support […] The post Curve Finance moves to new domain after DNS attack exposes security risks appeared first on CryptoSlate.

The company raised about $310 million from the Nasdaq listing.

Authorities in Paris have launched a criminal investigation after masked assailants attempted to kidnap the daughter of a crypto company CEO and her young child in a broad daylight attack just blocks from the city’s central courthouse, TMZ reported on May 13. The assault, which was captured on video, took place on May 12 and […] The post Paris authorities on alert after attempted abduction targets crypto CEO’s family appeared first on CryptoSlate.

South Korean crypto exchange deregulation proposals could affect the nation’s banking industry, dealing a blow to the likes of K Bank, reports have claimed. The post South Korean Crypto Exchange Deregulation Plans Set to Rock Banking Sector appeared first on Cryptonews.

OpenAI CEO Sam Altman says AI use splits by generation, from a search tool for Boomers to a life assistant for Gen Z.

The US Securities and Exchange Commission postponed decisions on multiple crypto-related exchange-traded fund (ETF) applications on May 13, including those filed by Grayscale and BlackRock.  The delays extend the agency’s review timeline and align with expectations that it will grant no approvals before the final quarter of 2025. Grayscale’s proposed spot ETFs for Solana (SOL) […] The post SEC punts decision on crypto ETFs again, final rulings anticipated later in 2025 appeared first on CryptoSlate.

Ethereum continued its startling surge Tuesday, pushing its weekly jump to over 50% as Bitcoin rose alongside other top coins.

Twenty One Capital has purchased 4,812 Bitcoins (BTC) on May 9 for approximately $458.7 million, according to an 8-K Form filed with the US Securities and Exchange Commission (SEC). The acquisition, made at an average price of $95,319.83 per BTC, was executed in connection with a business combination agreement between Twenty One and Cantor Equity […] The post Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing appeared first on CryptoSlate.

The popular U.S. Bitcoin ETFs have now accumulated over $41 billion worth of collective inflows, following a recent bounceback in demand.

South Korea's Democratic Party has launched a Digital Asset Committee of scholars, blockchain executives and regulators, making crypto policy a central election issue. The group seeks presidential authority and is drafting a Digital Asset Act on user protection and market growth. The post Is South Korea’s Digital Asset Committee About to Redefine Crypto Regulation? appeared first on Cryptonews.

Bitcoin price consolidates above $100,000 amid a “risk-on” market fueled by the US-China trade deal, falling inflation and optimistic investor sentiment indicators. Key Takeaways: Bitcoin price holds above $100,000, driven by "risk-on" sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains. Read more

Senators Cynthia Lummis and Bernie Moreno asked Treasury Secretary Scott Bessent to "act swiftly" to change a definition in a law impacting digital asset taxes for US companies. Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets. In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US law in a way that could reduce what digital asset companies pay in taxes. The proposed adjustment was suggested as a way to modify a provision of the Inflation Reduction Act, signed into law in 2022. “Our edge in digital finance is at risk if US companies are taxed more than foreign competitors,” said Lummis in a May 13 X post. Read more