The American crypto exchange Coinbase and its management are accused of concealing critical information and negligence in protecting user data.
Investors filed a class action lawsuit demanding compensation for losses after a sharp fall in shares.
The lawsuit was filed on behalf of everyone who bought Coinbase shares from 14.04.2021 to 14.05.2025.
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One of the guests of the dinner for top holders #TRUMP called the served food «the worst he had ever eaten», and Trump’s speech - «complete nonsense».
In 25 minutes, the president issued a stream of incoherent phrases that the crypt may be «special», after which he immediately left on a golf cart.
«For $300,000, Trump could at least shake hands.»
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#Calendar
⚡️ Calendar of key events for this week:
Monday, May 26:
🇺🇸 USA - no trading (Memory Day)
🇬🇧 Great Britain - no trading (Bank holidays)
Tuesday, May 27:
🇺🇸 Start of the Bitcoin 2025 conference in Las Vegas
🇺🇸 USA - Durable Goods Orders (Apr) - 15:30
Wednesday, May 28:
- nothing important
Thursday, May 29:
🇺🇸 Completion of the Bitcoin 2025 conference in Las Vegas
❗️ USA - GDP (1 quarter) - 15:30
🇺🇸 USA - Initial Jobless Claims - 15:30
🇺🇸 USA - Fed Balance Sheet - 23:30
Friday, May 30:
❗️ USA - PCE Price index (Apr) - 15:30
🇺🇸 USA - Chicago PMI (May) - 16:45
@Сryptoz ₿
Monday, May 26:
🇺🇸 USA - no trading (Memory Day)
🇬🇧 Great Britain - no trading (Bank holidays)
Tuesday, May 27:
🇺🇸 Start of the Bitcoin 2025 conference in Las Vegas
🇺🇸 USA - Durable Goods Orders (Apr) - 15:30
Wednesday, May 28:
- nothing important
Thursday, May 29:
🇺🇸 Completion of the Bitcoin 2025 conference in Las Vegas
❗️ USA - GDP (1 quarter) - 15:30
🇺🇸 USA - Initial Jobless Claims - 15:30
🇺🇸 USA - Fed Balance Sheet - 23:30
Friday, May 30:
❗️ USA - PCE Price index (Apr) - 15:30
🇺🇸 USA - Chicago PMI (May) - 16:45
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Ethereum ETF has a net inflow of money last week amounted to $58,630,000.
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Monero broke into the TOP-20 on CMC, overtaking Toncoin (#TON) in terms of market capitalization.
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In the latest update of the application for Bitcoin ETF from BlackRock, a clause was added for the first time indicating the threat of quantum computers to the security of Bitcoin.
If quantum technologies are advanced enough, they will be able to hack cryptographic algorithms, on which not only Bitcoin is based, but also the entire modern digital infrastructure.
Experts give 10-20 years for the appearance of such «quantum machines».
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Google researchers said that to crack RSA encryption, 20 times less quantum resources are needed than previously thought.
If earlier 20,000,000 qubits were required, now less than 1,000,000 is enough - and hacking can take only a few days.
So far, current quantum computers (for example, IBM Condor - 1.121 qubits) are far from the goal, but the trend is alarming.
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Goal: development of BitVM - a technology that allows you to run DeFi applications natively in the Bitcoin network.
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🇹🇭 In Thailand, tourists will be allowed to pay with crypto and a financial reform is being prepared (original)
✦ Tourists will be able to pay in cryptocurrency through platforms tied to credit cards. The funds will be automatically converted into Thai baht - sellers will not even notice that it was a crypt.
✦ The authorities will combine the regulation of the stock and crypto markets to eliminate legal contradictions and simplify access to investments.
✦ Insurance and pension funds will be able to go beyond government bonds and invest in stocks and the private sector.
✦ The Thai regulator (SEC) will receive expanded powers - including the right to directly transfer major cases to the prosecutor’s office. It is also planned to regulate high-frequency trade to increase market transparency.
@Сryptoz ₿
✦ Tourists will be able to pay in cryptocurrency through platforms tied to credit cards. The funds will be automatically converted into Thai baht - sellers will not even notice that it was a crypt.
✦ The authorities will combine the regulation of the stock and crypto markets to eliminate legal contradictions and simplify access to investments.
✦ Insurance and pension funds will be able to go beyond government bonds and invest in stocks and the private sector.
✦ The Thai regulator (SEC) will receive expanded powers - including the right to directly transfer major cases to the prosecutor’s office. It is also planned to regulate high-frequency trade to increase market transparency.
@Сryptoz ₿
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Now Exodus wallet users will be able to pay with crypto wherever Mastercard is accepted.
A mass launch for all users is scheduled for the end of 2025.
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TMTG will attract capital from 50 institutional investors through the placement of shares and convertible bonds.
About $1,500,000,000 - through the sale of shares, another $1,000,000,000 - through bonds.
These funds are planned to be used to create a Bitcoin reserve. BTC will be stored on Crypto.com and Anchorage Digital platforms.
The closing of the transaction is expected on May 29, 2025 (release)
TMTG – Trump Media & Technology Group.
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#tradewar
🇺🇸 Donald Trump: The EU is ready for trade negotiations.
I am very pleased with the introduction of 50% tariffs on goods from the EU, especially considering how slowly (to put it mildly!) Our negotiations were going on.
I remind you: I have the authority to set the terms of trade for imports to the United States if I can’t negotiate or I feel unfair.
I have just been informed that EU representatives urgently requested the dates of new meetings. It’s a good sign. I hope that, as in negotiations with China, they will finally open their markets to trade with the United States.
@Сryptoz ₿
I am very pleased with the introduction of 50% tariffs on goods from the EU, especially considering how slowly (to put it mildly!) Our negotiations were going on.
I remind you: I have the authority to set the terms of trade for imports to the United States if I can’t negotiate or I feel unfair.
I have just been informed that EU representatives urgently requested the dates of new meetings. It’s a good sign. I hope that, as in negotiations with China, they will finally open their markets to trade with the United States.
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Investment bank Cantor Fitzgerald officially announced a new direction - lending secured by BTC.
First deals: FalconX has received funding and is going to raise more than $100m under the program. The Maple Finance project confirmed the receipt of the first part of the credit line.
Recall: Former CEO Cantor Fitzgerald now holds the post of U.S. Secretary of Commerce, current CEO Cantor Fitzgerald is his son. They have close ties with Tether (#USDT).
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#WetDreams #Altcoins
🌈 Popular theory from Twitter - #ETH signals the approach of the alt season, they send a version of working out the figure from the classic TA «Gaussian Channel».
Cryptans expect $4,100 for ETH by July + a powerful rally of altcoins.
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Cryptans expect $4,100 for ETH by July + a powerful rally of altcoins.
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#13f
💸 BlackRock Fund (BSIIX) bought shares of its own spot Bitcoin ETF for almost $100,000,000 (form 13F)
BSIIX - BlackRock Strategic Income Opportunities Fund, invests in a wide range of debt instruments in order to obtain high current income and long-term capital growth.
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💸 BlackRock Fund (BSIIX) bought shares of its own spot Bitcoin ETF for almost $100,000,000 (form 13F)
BSIIX - BlackRock Strategic Income Opportunities Fund, invests in a wide range of debt instruments in order to obtain high current income and long-term capital growth.
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#ai
🔥 Grayscale announced the creation of a new crypto sector - Artificial Intelligence (report)
20 tokens with a total capitalization of $21,000,000,000 (in 2023 there was only $4,500,000,000) are allocated to a separate category.
AI is the main topic in the crypt of recent years. But so far, technologies are developing under the control of large corporations. Blockchain can change this by making AI technologies open, accessible and decentralized.
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20 tokens with a total capitalization of $21,000,000,000 (in 2023 there was only $4,500,000,000) are allocated to a separate category.
AI is the main topic in the crypt of recent years. But so far, technologies are developing under the control of large corporations. Blockchain can change this by making AI technologies open, accessible and decentralized.
@Сryptoz ₿
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#wlfi #kernel
🔥 Stablecoin #USD1 from World Liberty Financial is now available for restaking - announcement
KernelDAO and World Liberty Financial announced a partnership - for the first time, a stablecoin can be used in the re-staking mechanism to ensure the economic security of third-party applications.
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KernelDAO and World Liberty Financial announced a partnership - for the first time, a stablecoin can be used in the re-staking mechanism to ensure the economic security of third-party applications.
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