Cointelegraph.com
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Cointelegraph.com - 14:34 May 27, 2025
SharpLink Gaming announced a $425 million private equity deal to launch an Ether treasury and appointed Ethereum co-founder Joseph Lubin as board chairman. Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors, the company announced May 27. According to the announcement, SharpLink Gaming, a publicly traded company on Nasdaq, entered into a securities purchase agreement for a private investment in public equity worth $425 million. Ethereum infrastructure firm Consensys was among the investors. “On close, Consensys looks forward to partnering with SharpLink to explore and develop an Ethereum Treasury Strategy and to work with them in their core business as a strategic advisor,” Consensys founder and CEO Lubin said. Read more -
Cointelegraph.com - 14:30 May 27, 2025
Crypto mixers have often been criticized for enabling illicit activities like money laundering and ransomware payments by obscuring transaction trails. A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible for blockchain analysts or malicious actors to trace the flow of funds between wallets. Read more -
Cointelegraph.com - 14:30 May 27, 2025
How can Off the Grid launch on Steam when the platform banned crypto games in 2021? Plus LOL Land review and Maplestory cheaters. Web3 Gamer Gunzilla Games shooter game Off The Grid widely regarded as the most successful crypto game yet is set to launch on the anti-crypto gaming platform Steam in June. Shortly after Gunzilla Games CEO Vlad Korolev confirmed the news in a May 21 X post, gamers swarmed X with questions about how Off The Grids crypto elements could possibly fly under Steams strict anti-crypto policy. Guessing this will be a different version due to the crypto aspect, or did yall find a work around, gamer Lord Bugz said. Another gamer, Merc, echoed similar confusion in a May 24 post: Read more -
Cointelegraph.com - 14:24 May 27, 2025
Bitcoin analysis warns of copycat BTC price downside as the Bitcoin 2025 conference gets underway — and the downside targets are all too familiar. Key points: Bitcoin rebounds from another support retest, but fears over a Nashville conference-induced comedown are growing. The biggest Bitcoin gathering tends to accompany BTC price weakness. Read more -
Cointelegraph.com - 14:11 May 27, 2025
South Korean police arrested a Russian national in Busan after a failed $730,000 crypto robbery in Seoul. South Korean authorities have arrested one of three Russian nationals accused of an attempted robbery during a fake crypto deal in Seoul. The suspects allegedly lured Korean investors to a hotel, where they tried to steal 1 billion won (approximately $730,000) in cash. The Gangseo Police Precinct in Seoul detained a man in his 20s in Busan on May 27, according to a report by local news outlet JoongAng Daily. The suspect faces charges of assault and attempted robbery. The other two suspects reportedly fled South Korea shortly after the incident. According to investigators, the robbery attempt occurred on May 21 at a hotel in Seoul’s Gangseo District. The suspects posed as participants in a peer-to-peer crypto transaction and invited 10 Korean men to the hotel. Read more -
Cointelegraph.com - 14:00 May 27, 2025
Discover platforms offering crypto-backed mortgages, allowing you to use digital assets like BTC and ETH to finance real estate purchases without selling your holdings. Crypto-backed mortgages are a watershed moment in real estate financing because they let you use digital assets such as Bitcoin (BTC) or Ether (ETH) as collateral for a home loan. Instead of selling your cryptocurrency, you pledge it to secure funds for buying property. This approach has been gaining traction as more people explore alternatives to traditional financing. Furthermore, as the adoption of cryptocurrencies grows, crypto-backed mortgages are positioning themselves as a bridge between decentralized finance (DeFi) and traditional property markets, offering a unique solution for crypto holders looking to diversify their investments without forfeiting their digital wealth. Read more -
Cointelegraph.com - 13:24 May 27, 2025
Standard Chartered’s latest report warns that Solana may be a “one-trick pony,” with memecoin trading dominating its usage and now in decline. Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: Standard Chartered said the memecoin frenzy served as a stress test for Solana’s scalability but came with drawbacks due to the volatility and speculative nature of such assets. As memecoin trading volumes decline, the bank warned that Solana may struggle to maintain momentum. Read more -
Cointelegraph.com - 13:19 May 27, 2025
ChatGPT and Grok can help you analyze altcoins, compare projects, and stay ahead in crypto research. Investments in the fast-paced cryptocurrency market require real-time insights and efficient research. With thousands of projects emerging or disappearing, you need innovative ways to separate signal from noise. AI solutions such as ChatGPT and Grok could benefit you as your research assistant, reducing research time and delivering actionable information. This article discusses how to use both platforms to make better decisions regarding investment in altcoins. Read more -
Cointelegraph.com - 12:33 May 27, 2025
The world’s biggest Bitcoin miner achieved record annualized revenue as its Bitcoin holdings surpassed $5 billion. MARA Holdings, formerly Marathon Digital Holdings, reached a new all-time high in Bitcoin mining revenue, fueled by its recent surge to a record price. The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it the most profitable day in the company’s history. Marathon is currently the world’s largest publicly traded Bitcoin (BTC) mining firm by market capitalization. “Quarterly reports are slow. Onchain shows revenue in real time,” CryptoQuant founder and CEO Ki Young Ju wrote in a May 27 X post, confirming the milestone. Read more -
Cointelegraph.com - 12:00 May 27, 2025
StarkWare’s new Stark Two (S-two) prover lets users generate cryptographic proofs directly on their devices. Blockchain company StarkWare has unveiled zero-knowledge (ZK) prover STARK Two (S-two), enabling enhanced privacy and verification on everyday devices like phones, laptops and browsers. The company said the new ZK prover allows users to generate complex cryptographic proofs from the client side. This means users can generate ZK-proofs directly on their devices instead of relying on a server or cloud infrastructure, opening the door for faster and more private applications across the internet. “S-two will bring STARK proving to everyday devices, and open the door for new real-world proving use cases,” said Eli Ben-Sasson, StarkWare co-founder and CEO, adding that the tool could empower the next wave of ZK applications. Read more -
Cointelegraph.com - 12:00 May 27, 2025
Taurus said the partnership would enable its expansion into Latin America, a region that ranks highly for cryptocurrency adoption. Fintech companies Taurus and Parfin have partnered to deliver blockchain infrastructure to financial institutions in Europe and Latin America — a move aimed at accelerating the adoption of crypto custody and settlement services across both regions. As part of the partnership, Taurus has integrated its product suite into Parfin’s institutional platform, creating an end-to-end solution for digital asset management, including custody, governance, and compliant token issuance, the companies announced on May 27. Financial institutions using the integrated Taurus-Parfin solution will gain access to custody and tokenization services, real-time wallet execution and a full range of trading capabilities. Read more -
Cointelegraph.com - 11:52 May 27, 2025
As part of its 24 million-share IPO, Circle will be offering 9.6 million shares of Class A common stock, while selling stockholders will offer the remaining 14.4 million shares. Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has launched an initial public offering (IPO) of 24 million shares of its Class A common stock, the company said on May 27. The firm has applied to list its Class A common stock on the New York Stock Exchange (NYSE) under the ticker symbol CRCL. As part of the offering, Circle is issuing 9.6 million shares of Class A common stock, the company said in a news release. The remaining 14.4 million shares of Class A common stock will be offered by selling stockholders. Circle is also expected to grant the underwriters a 30-day option to buy up to an additional 3.6 million shares of Class A common stock to cover over-allotments. Read more -
Cointelegraph.com - 11:00 May 27, 2025
The United Kingdom has seen the sharpest growth in new crypto users despite the country’s not adopting crypto regulation or its own “MiCA equivalent.” Update (May 27, 3:00 pm UTC): This article has been updated to add a comment by Gemini’s head of Europe. The United Kingdom is leading the world in increasing cryptocurrency ownership among its population in 2025, outpacing economies including the United States, according to a new study by Gemini. Gemini, the US-based crypto exchange founded by Cameron and Tyler Winklevoss, on May 27 released its latest “State of Crypto” report, giving insights into changes in the global adoption of cryptocurrencies like Bitcoin (BTC). Read more -
Cointelegraph.com - 10:58 May 27, 2025
Data suggests that Bitcoin’s buyers are exhausted following the rally to $111K, but traders still say BTC has the strength to race toward $150K. Key takeaways: Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Read more -
Cointelegraph.com - 01:55 May 27, 2025
A second person suspected of being tied to the alleged kidnapping and torture of an Italian man for his crypto will surrender to New York City police, according to multiple reports. A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports. The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping Michael Valentino Teofrasto Carturan and torturing him in a Soho apartment in an attempt to pressure him into revealing his crypto wallet phrase, ABC7 New York reported on May 26. A separate NBC report said the Swiss trader — who is not named — would turn himself over to police within a week. However, FOX5 New York reported that the man may already be in custody, citing conflicting sources. Read more -
Cointelegraph.com - 01:15 May 27, 2025
BitVM smart contract system is now supported by Bitcoin mining pools controlling 31.5% of the network’s hashrate. Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said. According to a May 27 announcement shared with Cointelegraph, Bitlayer’s BitVM implementation will be supported by major Bitcoin (BTC) mining pools including Antpool, F2Pool, and SpiderPool. Antpool CEO Andy Chow said: BitVM (Bitcoin Virtual Machine) is a framework that enables complex smart contracts to be deployed on the Bitcoin blockchain without changing the base protocol. The idea was introduced by Robin Linux in 2023, and allows for the complex computation involved in smart contract systems to be verified onchain and executed offchain in a way resembling optimistic rollups. Read more -
Cointelegraph.com - 21:43 May 26, 2025
The project expands on the Dubai Land Department’s other RWA tokenization initiatives, including one involving the real estate registry. Dubai has launched the first licensed tokenized real estate project in the Middle East and North Africa (MENA) region, previewing appetite for real-world tokenization in one of the world’s burgeoning crypto hubs. Partners in the project include the Dubai Land Department (DLD), the Central Bank of the United Arab Emirates, and the Dubai Future Foundation, according to an announcement from the Dubai government. The tokens will be tradeable on the newly launched “Prypco Mint” platform, with Zand Digital Bank appointed as the bank for the project’s pilot phase. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) updated its rules to include real-world asset (RWA) tokenization, allowing such tokens to be traded on secondary markets. Read more -
Cointelegraph.com - 21:00 May 26, 2025
Bitcoin’s rally takes a pause pending US inflation data, but institutional investor demand remains strong. Key takeaways: Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia's earnings cap risk appetite. Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs. Read more -
Cointelegraph.com - 20:49 May 26, 2025
The US regulator has issued guidance on several crypto-related activities, but has yet to clarify rules on staking. Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty for Web3 infrastructure providers, according to Allison Muehr, head of staking policy for the Crypto Council for Innovation, a trade group. Clarifying the SEC’s position on staking has become a top priority for the crypto industry, Muehr said during Solana’s Accelerate conference in New York. “We’re about 25% of the way there,” Muehr said. “The SEC has done more constructive engagement with us in the past four months than in the last four years, but we still don’t have formal staking guidance.” Read more -
Cointelegraph.com - 18:52 May 26, 2025
Bitcoin continues to be bought at each dip, but overcoming a critical overhead resistance could determine the next steps for many altcoins. Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract buyers. Read more
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