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Solv brings RWA-backed Bitcoin yield to Avalanche blockchain 2025-05-17 at 00:10 By Cointelegraph by Sam Bocetta Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield opportunities backed by real-world assets, or RWAs. On May 16, the protocol unveiled SolvBTC.AVAX, a token that connects Bitcoin (BTC) […]

Sequoia Capital exec also a victim in Coinbase data breach — Report 2025-05-17 at 00:10 By Cointelegraph by Turner Wright At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also have been compromised. According to […]

Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst 2025-05-17 at 00:10 By Cointelegraph by Biraajmaan Tamuly Key takeaways: The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason. The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm […]

Microsoft winnows: Layoffs hit software engineers hard 2025-05-17 at 00:10 By Thomas Claburn Python, TypeScript, Azure SDK devs among those let go Microsoft’s recent round of layoffs appears to have fallen largely on software developers, including several prominent Python developers and a veteran TypeScript developer.… This article is an excerpt from The Register View Original […]

CoreWeave may have built a house of (graphics) cards 2025-05-16 at 23:34 By Tobias Mann An overdependence on hyperscalers and a mountain of debt could pull the rug out Comment  CoreWeave this week said it would plow between $20 and $23 billion into GPU bit barns by year’s end in order to meet growing demand […]

Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? 2025-05-16 at 23:01 By Cointelegraph by Marcel Pechman Key takeaways: Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days. $6.8 billion in long positions far outweight the current $25 million in shorts. Bitcoin options positioning […]

Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports 2025-05-16 at 23:01 By Cointelegraph by Christopher Tepedino Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in […]

World Liberty Financial brushes off oversight concerns from Congress 2025-05-16 at 23:01 By Cointelegraph by Turner Wright Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest. In a May 15 letter to Senator […]

Judge sentences SEC hacker to 14 months in prison 2025-05-16 at 22:04 By Cointelegraph by Turner Wright A federal judge has sentenced Eric Council Jr., one of the individuals responsible for posting a fake message announcing regulatory approval of spot Bitcoin exchange-traded funds, to 14 months in prison. Following a May 16 hearing in the […]

Basel Medical shares down 15% on $1B Bitcoin buying plans 2025-05-16 at 22:04 By Cointelegraph by Alex O’Donnell Shares of Basel Medical Group are down around 15% after the healthcare company announced plans to buy $1 billion in Bitcoin for its corporate treasury.  On May 16, Singapore-based Basel said it was “in advanced discussions with […]

CFTC commissioner to leave agency on May 31 2025-05-16 at 22:04 By Cointelegraph by Turner Wright Christy Goldsmith Romero of the US Commodity Futures Trading Commission (CFTC) will step down on May 31, leaving three seats open at the financial regulator. In a May 16 announcement, Romero said her last day at the agency would […]

Dems are upset about DOGE’s IRS hackathon, but the IRS says it never happened 2025-05-16 at 21:18 By Brandon Vigliarolo The IRS characterizes it more as a brainstorming session and says DOGE wasn’t involved Congressional Democrats are again demanding answers from a federal agency over whether DOGE’s latest tech makeover could put taxpayer data at […]

Mark Zuckerberg’s Meta asks judge to throw out FTC’s antitrust case — in middle of high-stakes trial 2025-05-16 at 20:33 By Thomas Barrabi Meta has asked a federal judge to throw out the FTC’s landmark antitrust case – in the middle of the trial that could result in the Big Tech giant’s breakup. This article […]

These seemingly innocent emojis your kids are texting to each other have hidden — and shocking — meanings 2025-05-16 at 20:28 By Adriana Diaz Those cherries and grapes they love to use? Sorry, mom and dad — but they probably don’t mean what you think. This article is an excerpt from Latest Technology News and […]

YouTube releases list of most popular podcasts— here’s where Joe Rogan, Theo Von and Megyn Kelly rank 2025-05-16 at 20:03 By Ariel Zilber Alphabet-owned video giant debuted a Weekly Top Podcast Shows Chart, ranking US podcasts every Wednesday based on total watch time. This article is an excerpt from Latest Technology News and Product Reviews […]

US Senate will pass Stablecoin bill — Digital Chamber chief 2025-05-16 at 20:03 By Cointelegraph by Vince Quill The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association […]

Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO 2025-05-16 at 20:03 By Cointelegraph by Vince Quill Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus […]

Apple slams door on Fortnite’s stateside iOS comeback 2025-05-16 at 19:45 By Richard Speed Epic’s latest submission blocked right after CEO offered truce with Cupertino Apple has blocked Epic Games’ submission of Fortnite, just as it was set to return to iOS in the US. Now it cannot be found in the US App Store […]

Microsoft pulls MS365 Business Premium from nonprofits 2025-05-16 at 19:45 By Richard Speed Microsoft giveth and Microsoft taketh away Microsoft is pulling the free MS365 Business Premium licenses granted to non-profits and replacing them with Business Basic and discounts for its other services.… This article is an excerpt from The Register View Original Source