Cointelegraph.com
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Cointelegraph.com - 09:09 May 26, 2025
A victim lost $2.6 million in stablecoins by falling for two zero-value transfer phishing scams within three hours, raising concerns over address poisoning tactics. A single victim was scammed two times within three hours, losing a total of $2.6 million in stablecoins. According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT), followed by another 1.75 million USDt around three hours later. Cyvers said the scam used a method known as a zero-value transfer, a sophisticated form of onchain phishing. Zero-value transfers are an onchain phishing technique that abuses token transfer functions to trick users into sending real funds to attackers. The attackers exploit the token transfer From function to transfer zero tokens from the victim’s wallet to a spoofed address. Read more -
Cointelegraph.com - 08:12 May 26, 2025
The record-breaking $10.8 billion milestone in crypto ETP inflows year to date came after global crypto investment products posted another record last week. Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date (YTD) total above $10 billion, according to data from European crypto investment manager CoinShares. Global crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows during the week ending May 24, bringing total inflows YTD to a record $10.8 billion, CoinShares reported on May 26. CoinShares head of research James Butterfill said total assets under management (AUM) in crypto ETPs briefly reached an all-time high of $187.5 billion, reflecting strong investor interest. Read more -
Cointelegraph.com - 00:37 May 26, 2025
Bitcoin cypherpunk Adam Back has backed a $2.2 million funding round for H100 AB Group to help the Swedish health tech firm buy Bitcoin. Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin. H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in line with its Bitcoin-buying pivot announced on May 22. Back, a longtime Bitcoin cypherpunk, contributed around $1.4 million, while the remaining $800,000 came from investment firms Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners. Read more -
Cointelegraph.com - 22:15 May 25, 2025
The Cetus hack saw $223 million in user funds stolen, most of which has been frozen by Sui network validators and ecosystem partners. Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check. According to the report, the hackers exploited a flaw in the most significant bits (MSB) check, allowing them to manipulate the values for the liquidity parameters by orders of magnitude and establish relatively large positions with a keystroke. The Dedaub security researchers wrote: The incident and the post-mortem update reflect the unfortunate trend of cybersecurity exploits and hacks impacting crypto and the Web3 industry. Read more -
Cointelegraph.com - 20:30 May 25, 2025
The investment fund combines multifamily real estate with BTC, maximizing upside by converting a portion of the monthly cash flows to BTC. Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin (BTC). In an interview with Cointelegraph, Cardone Capital founder and CEO Grant Cardone said the Miami River Bitcoin Fund, which is the firm's fourth blended investment vehicle mixing BTC and commercial multifamily real estate, will convert a portion of its monthly cash flows to BTC. Cardone told Cointelegraph the impetus to start the fund followed a suggestion from his brother. The CEO said: Read more -
Cointelegraph.com - 20:00 May 25, 2025
As global debt markets flash warning signs, Bitcoin rallies, defying investors’ expectations and reshaping BTC’s role in the financial system. Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not despite worsening macro conditions, but possibly because of them. Read more -
Cointelegraph.com - 18:59 May 25, 2025
Bitcoin’s price rally takes a breather over the weekend, but a bullish weekly close could translate to gains from HYPE, XMR, AAVE and WLD. Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Read more -
Cointelegraph.com - 16:12 May 25, 2025
According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. "I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post. The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC. Read more -
Cointelegraph.com - 14:00 May 25, 2025
Crypto leaders underestimate the true potential of real estate tokenization. Tokenizing property isn’t just about liquidity — it’s about democratizing access, reducing inefficiencies, and building a new era of wealth creation. Opinion by: Darren Carvalho, Co-Founder and Co-CEO of MetaWealth During Paris Blockchain Week, Securitize Chief Operating Officer Michael Sonnenshein made headlines by dismissing real estate as a sub-optimal asset class for tokenization. This isn’t the first time crypto leaders have underestimated the merits of bringing real estate onchain, and it is likely not the last. While I respect Sonnenshein’s contributions to digital asset adoption, his assessment misses fundamental points about real estate tokenization’s transformative potential. Real estate represents the world’s largest asset class and is projected to reach a value of $654.39 trillion this year, according to Statista. When industry leaders claim that this massive market isn’t suitable for tokenization, they overlook today's t... -
Cointelegraph.com - 13:00 May 25, 2025
AI agents are increasingly embedded into financial industries, including crypto, but the industry has yet to experience the security vulnerabilities hidden in them. AI agents in crypto are increasingly embedded in wallets, trading bots and onchain assistants that automate tasks and make real-time decisions. Though it’s not a standard framework yet, Model Context Protocol (MCP) is emerging at the heart of many of these agents. If blockchains have smart contracts to define what should happen, AI agents have MCPs to decide how things can happen. It can act as the control layer that manages an AI agent’s behavior, such as which tools it uses, what code it runs and how it responds to user inputs. Read more -
Cointelegraph.com - 12:32 May 25, 2025
World claims to offer financial inclusion through identity verification, but critics warn it may sacrifice decentralization, privacy, and self-sovereignty. The crypto industry is no stranger to controversy, yet few projects have drawn more scrutiny than Sam Altman’s World, formerly known as Worldcoin. Promising to verify human uniqueness through iris scans and distribute its WLD token globally, World positions itself as a tool for financial inclusion. However, critics argue the project’s biometric methods are invasive, overly centralized, and at odds with the ethos of decentralization and digital privacy. At the heart of the critique is the claim that biometric identity systems cannot be truly decentralized when they rely on proprietary hardware, closed authentication methods, and centralized control over data pipelines. Read more -
Cointelegraph.com - 11:15 May 25, 2025
HYPE is echoing Solana’s 2021 breakout pattern, with technicals pointing to a potential 240% rally by July. Key takeaways: HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Read more -
Cointelegraph.com - 09:48 May 25, 2025
Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment. Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel. In the first phase, the government plans to channel excess power into AI infrastructure and crypto mining operations. Finance Minister Muhammad Aurangzeb said the decision is expected to attract billions in foreign investment while generating high-tech employment across the country. Read more -
Cointelegraph.com - 09:11 May 25, 2025
Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position. Key points: Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood. Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run. Read more -
Cointelegraph.com - 07:01 May 25, 2025
A crypto investor in Manhattan is accused of holding an Italian man captive for weeks, allegedly torturing him for access to Bitcoin wallet credentials. A Manhattan crypto investor is facing serious charges after allegedly kidnapping and torturing an Italian man in a disturbing bid to extract access to digital assets. John Woeltz, 37, was arraigned on Saturday in Manhattan criminal court following his arrest on Friday. He stands accused of holding a 28-year-old Italian man captive for weeks inside a luxury townhouse in Soho, reportedly rented for $30,000 per month. According to police reports cited by The New York Times, the victim arrived in the US on May 6 and was allegedly abducted by Woeltz and an accomplice. Read more -
Cointelegraph.com - 06:00 May 25, 2025
Australian Senator Gerard Rennick criticized Bitcoin, saying "you can't eat Bitcoin." A Bitcoiner replied, asking if he feels the same about the internet. Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten. “You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit a new all-time high of $111,970 on May 22. “Bitcoin will ultimately go to $1 million dollars. Why because it’s a Ponzi scheme whereby BlackRock will pump more and more dollars into a supply constrained product,” Rennick said. Read more -
Cointelegraph.com - 03:20 May 25, 2025
Cathie Wood says crypto ETFs will not “lose a lot of their luster” and will stay around for those who just “wanna push a button.” ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy, regardless of how widespread crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said at the Solana Accelerate event in New York on May 23. “So ETFs for those who want the convenience, I don’t think, will lose a lot of their luster,” she said. “But they will be a stepping stone into wallet-based.” Wood reiterated the extra layer of protection that crypto wallets provide: Read more -
Cointelegraph.com - 22:59 May 24, 2025
Bitcoin traders are eyeing a gradual pullback after all-time highs, CZ refutes WSJ claim of ties to World Liberty Financial: Hodler’s Digest Binance co-founder and former CEO Changpeng CZ Zhao has pushed back against a report in The Wall Street Journal, calling it a hit piece filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publications portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trumps sons Eric and Donald Jr. are involved in the management of the company. Zhao said the WSJ article portrayed him as acting as a fixer for the World Liberty Financial team and its co-founder Zach Witkoff during foreign trips. Read more -
Cointelegraph.com - 22:08 May 24, 2025
Pavel Durov is a keynote speaker at the Human Rights Foundation's Oslo Freedom Forum, a summit for universal human rights and autonomy. Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country. According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of the Oslo Freedom Forum — Durov will still deliver his keynote address remotely over a livestream. “It is unfortunate that French courts would block Mr. Durov from participating in an event where his voice is so needed,” HRF founder and CEO Thor Halvorssen said. Read more -
Cointelegraph.com - 20:38 May 24, 2025
The incident reveals the ever-evolving tactics scammers employ against the crypto community and serves as a reminder to remain vigilant. Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to "validate" their wallets or risk losing access to funds, in the latest phishing attack to impact the industry. BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to a malicious phishing site. The letter was sent through the United States Postal Service (USPS), according to the executive. "These are all scams do not fall for any of these," Troy Lindsey wrote after receiving a copy of the phishing letter. Read more
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