Crypto

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.

Andrew Charlton has been named Assistant Minister for the Digital Economy as Australia prepares to reform its digital asset landscape.

The X accounts of ZKsync and Matter Labs were hacked, with attackers apparently aiming to crash the ZK token by falsely claiming US authorities were probing the platform. The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account posted on May 13, confirming the accounts for ZKsync and Matter Labs were compromised, warning users not to interact after the accounts shared links to a fake airdrop in an apparent phishing scam. The hacked ZKsync and Matter Labs then both posted a fake statement claiming ZKsync was under investigation by the US Securities and Exchange Commission and that the Treasury Department could impose sanctions on the platform. Read more

Crypto financial services firm Anchorage Digital has bolstered its stablecoin offerings with the acquisition of stablecoin issuer firm Mountain Protocol. Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM). The acquisition, which is subject to customary closing conditions and regulatory approval, will integrate the Mountain Protocol team, tech stack and licensing framework into Anchorage’s existing offerings, Anchorage said in a May 12 statement. While terms of the deal weren’t disclosed, it reflects an accelerating number of acquisitions between crypto and TradFi firms in recent months. Read more

A bullish pattern emerged on Dogecoin’s weekly chart, leading traders to anticipate a 180% gain from DOGE. Key Takeaways: Dogecoin's 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1. Read more

Bitcoin crossed $100,000 last week for the first time since February, powered by a rapid expansion in derivatives activity that set new records for open interest, funding rates, and short liquidations. The move unfolded within a market increasingly reliant on leveraged structures rather than spot-driven flows, setting up a potentially fragile foundation if momentum stalls. […] The post Short squeeze propels Bitcoin past $100,000 with funding rates growing appeared first on CryptoSlate.

Ethereum’s recent rally has reignited bullish sentiment, but analysts warn further gains hinge on sustained demand and stronger fundamentals.

Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets. Coinbase CEO Brian Armstrong confirmed the announcement on social media, declaring the company’s inclusion a validation of the industry’s staying power. Armstrong wrote: “Crypto is […] The post Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance appeared first on CryptoSlate.

Onchain security firm Blockaid speculates it might be a front end attack, and says not to sign transactions and avoid interactions with Curve until the issue is resolved. Update May 13, 12:33 am UTC: This article has been updated to include more information from Curve Finance. Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website.   In the second attack on its infrastructure in a week, the “curve.fi DNS might be hijacked. Don’t interact!” the team said in a May 12 warning to X. Read more

Ahead of the premier NYC Crypto Summit, Adams calls for smart regulation and public-private collaboration.

Tether USD (USDT) has surpassed $150 billion in circulating supply amid stablecoins averaging over $521 billion in weekly transfer volumes in 2025, The metrics posted by the leading stablecoin are well above the combined weekly volumes of Visa and PayPal, which averaged $319 billion and $32 billion, respectively. Tether described the milestone as the culmination […] The post USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal appeared first on CryptoSlate.

The South Korean central bank has entered the political furore surrounding stablecoins, insisting it should have the final say over the issuance of a KRW-pegged coin. The post South Korean Central Bank Wades into Presidential Candidates’ Stablecoin Row appeared first on Cryptonews.