IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local…
Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday.…
Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin…
Jamie Dimon casts doubt on US dollar as global reserve currency
At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s…
Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
Former UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On May 30, he took to X to pledge…
Making web3 feel human: How smart EOAs are redefining the wallet experience
The following is a guest post and analysis from Nanfeng Jie, Lead Product Manager at Trust Wallet. Over the past few years, we’ve seen a clear shift in how people…
AI can’t scale without trust. Trust starts with the data layer
The following article is a guest post and opinion of Johanna Rose Cabildo, Founder and CEO of Data Guardians Network (D-GN). The Illusion of Infinite Data AI runs on data.…
Mounting Evidence of Ethereum’s Struggles: Volatility, ETF Losses, Weak Demand
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25…
ETH, SOL ‘very rare’ staking ETFs may launch imminently — Analysts
The first Ethereum and Solana staking exchange-traded funds (ETFs) could debut in the United States within a matter of weeks, following a recent filing by ETF provider REX Shares that…
Sui community approves release of $162M in tokens frozen during Cetus hack
Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit, allowing the DEX to reimburse users and restore…