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BNB Chain Brings U.S. Govt Economic Data Onchain via Chainlink
BNB Chain integrates Chainlink to bring official U.S. economic data onchain! Unlock new DeFi, prediction markets, & real-world asset opportunities.
Circle Launches Arc Blockchain for Stablecoin
Circle launches Arc Blockchain for stablecoins
Tron: DAO X Hack Cost Victims $45K, Curve Finance Hit
On May 2, 2025, Tron DAO and Curve Finance's X accounts were compromised in separate attacks, highlighting vulnerabilities in social media security. Both teams regained control, ensuring no client-side breach occurred.
OKX to Relaunch DEX with Anti-Abuse Upgrades After Lazarus Misuse
OKX has relaunched its DEX aggregator with enhanced security features, real-time threat detection, and wallet profiling, following a temporary shutdown due to exploitation by North Korea’s Lazarus Group.
Crypto Businessman's Kidnapped Dad Freed from Ransom Plot
On May 3, Paris police rescued the father of a crypto entrepreneur held hostage for a ransom of €5-7 million. The incident highlights growing security risks in the cryptocurrency sector.
Coinbase to Halt MOVE Token Trading
Coinbase will suspend MOVE token trading from May 15 due to listing standard issues and an ongoing investigation, causing a sharp price drop and limiting investor actions to only limit orders.
Devs Launch Ethereum R1 Layer-2 Scaling Solution
Ethereum R1 is a decentralized, token-free layer-2 scaling solution built by independent developers, emphasizing credible neutrality, donations-based funding, and Ethereum-aligned values without centralized governance.
Sky Proposes Maker Token Ousting and Staking to Complete Upgrade
Sky DAO proposes phasing out MKR for its native SKY token, introducing staking, pausing liquidations, and aiming for zero fixed costs, marking a key shift in DeFi governance and adoption.
Broxus Launches TON Factory for Scalable Blockchain Apps
Broxus launched TON Factory, a modular development hub for high-throughput blockchain apps on TON, offering tools, expert support, and the Tycho protocol to boost scalability and speed.
FTX Sues NFT Stars, Kurosemi to Recover Tokens
FTX has sued NFT Stars and Kurosemi over undelivered tokens, beginning broader efforts to recover assets amid bankruptcy, highlighting accountability challenges in the crypto industry.
Crypto growth risks investors, financial stability — Bank of Italy
The Bank of Italy warns that rising crypto adoption threatens financial stability, urging stronger regulations to counter risks from Bitcoin, stablecoins, and non-financial firms' speculative investments.
Australia's Finance Watchdog to Target Inactive Crypto Exchanges
AUSTRAC is cracking down on dormant crypto exchanges and ATM providers to combat financial crime, urging non-operational firms to deregister or face cancellation for non-compliance with AML laws.
Tether Dominates Stablecoins Despite Competition—Nansen
Tether (USDT) maintains stablecoin dominance with deep liquidity, strong market presence, and user trust, despite regulatory scrutiny and competition from USDC and BUSD in an evolving crypto landscape.
Coinbase to Launch Bitcoin Yield Fund for Institutions
Coinbase will launch its Bitcoin Yield Fund on May 1, 2025, targeting institutional investors. The fund offers 4-8% annual returns, using a market-neutral strategy to minimize risks and appeal to institutions.
Coinbase Pushes to Scrap SEC staff Crypto-Holding Ban
Coinbase urged the U.S. Office of Government Ethics to reconsider a rule prohibiting SEC staff from holding cryptocurrency, arguing it limits their ability to understand and regulate crypto effectively.
Avalanche-Powered Axiym Targets Money Services Businesses
Axiym is a blockchain-powered platform on Avalanche, transforming money services businesses with fast, secure, scalable financial solutions tailored for international payments, remittances, and currency exchange.
SEC Postpones Decision on Polkadot ETF
The SEC has delayed its decision on approving an ETF for Polkadot's native token, extending the deadline to June 11. This adds to the growing list of cryptocurrency-related ETFs awaiting approval.
KiloEx to Compensate Users After $7.5M DeFi Hack
KiloEx, a DeFi platform on Arbitrum, will fully compensate users after a $7.5M hack, pledging transparency, expert-led investigation, and structured reimbursements to restore trust and strengthen security.
ZKsync Recovers $5M Stolen Tokens After Hacker Accepts Bounty
ZKsync recovered $5.7M after a hacker exploited an airdrop contract vulnerability. Hacker returned 90% of funds. No user assets affected. Final report on the incident is pending.
Traders Flock to Leveraged ETFs, Gold Amid Volatility — Bloomberg
Traders are increasingly turning to leveraged ETFs, especially those tied to gold, amid market volatility. These high-risk instruments amplify returns and losses, attracting both retail and institutional investors seeking quick gains.
Australia's Top Court Backs Block Earner, Rejects ASIC Appeal
The Federal Court of Australia ruled that Block Earner’s fixed-yield crypto product isn't a financial product, dismissing ASIC’s case and setting a key precedent for crypto regulation in Australia.
Mantra CEO Begins Burning 150M OM Tokens
The CEO of Mantra has initiated the burn of 150 million OM tokens, a bold move aimed at long-term value and ecosystem health, showcasing genuine leadership and commitment to sustainable growth in Web3.
US Judge Moves Binance Suit to Florida Under First-to-File Rule
A U.S. judge approved Binance's request to move a money laundering case to Florida, citing similarities with a related case. The decision underscores the importance of the "first-to-file" rule in legal proceedings.
Coinbase Derivatives Lists XRP Futures Contracts
Coinbase has launched regulated XRP futures in the U.S., offering standard and nano contracts, aiming to expand crypto derivatives and bridge traditional finance with digital assets.
WazirX Restart on Track Ahead of May Sanction Hearing
WazirX, after a $234M hack, awaits Singapore court approval on May 13 to relaunch operations and begin user compensation, aiming to restore trust in the Indian crypto community.
