Blockchain News

Strategy Scoops 13,390 Bitcoin in .34B Blitz – Tariff Truce Sparks Volatility

Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility

Strategy has acquired nearly 14,000 Bitcoin in its latest buy-up of the cryptocurrency, trusting Michael Saylor’s vision even as prices flicker after the tariff truce. The purchase, which was announced by Saylor on Monday, pushes Strategy’s stash past half a million coins, daring regulators and markets alike. Strategy Continues Dramatic Bitcoin Acquisition According to a […]

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BitGo Wins EU MiCA License – Can It Outrun Europe’s Top Crypto Custodians?

BitGo Wins EU MiCA License – Can It Outrun Europe’s Top Crypto Custodians?

Key Takeaways: BitGo now competes directly with EU’s top crypto custodians. Europe hosts twice as many crypto banks as North America. US crypto banking stalls despite political support. Germany’s top financial watchdog, BaFin (the Federal Financial Supervisory Authority), approved a Markets in Crypto-Assets (MiCA) license for BitGo on May 12, unlocking crypto services across all

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Sonic Labs Secures M Galaxy Funding to Turbocharge US DeFi Push

Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push

$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for

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Cosmos Co-Founder Ethan Buchman’s Cycles Launches Clearing App, Raises Pre-Seed Round

Cosmos Co-Founder Ethan Buchman’s Cycles Launches Clearing App, Raises Pre-Seed Round

Privacy-preserving clearing protocol Cycles has announced the first clearing application built on it, Cycles Prime, as well as a pre-seed round. Cycles is a privacy-preserving clearing protocol developed by Informal Systems, a system software company offering security audits, protocol design, and formal methods for blockchain applications and infrastructure. Its CEO is Ethan Buchman, a co-founder

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Ledger Recovers Discord Server After Phishing Scam Hits Moderator

Ledger Recovers Discord Server After Phishing Scam Hits Moderator

Crypto hardware wallet provider Ledger has confirmed its Discord server is secure following a targeted phishing attack on May 11. The breach occurred after an attacker gained access to the account of a contracted community moderator. Using that access, the attacker deployed a bot that posted scam links designed to trick users into revealing their

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Lido Says Funds Safe After Oracle Incident Triggers Emergency Response

Lido Says Funds Safe After Oracle Incident Triggers Emergency Response

Ethereum staking protocol Lido moved over the weekend to neutralize a threat after one of its oracle keys, managed by validator operator Chorus One, was compromised. Although 1.46 ETH ($3,675) was drained from a hot wallet used for oracle voting, Lido confirmed that the protocol remains secure and fully operational. The breach came to light

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eXch Crackdown: German Police Seize M Linked to .4B Bybit Hack

eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack

German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the

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30 Years for Funding ISIS: Crypto Trail Leads to Harsh U.S. Sentence

30 Years for Funding ISIS: Crypto Trail Leads to Harsh U.S. Sentence

Key Takeaways: U.S. agencies now prioritize tracking crypto terrorism financing globally. Blockchain forensics can expose disguised crypto terrorism funding. Crypto terror financiers now face prison terms equal to violent offenders. A federal judge sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison for channeling more than $185,000 in cryptocurrency to the Islamic

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Coinbase Acquires Deribit for .9 Billion to ‘Add Diversity to Trading Revenues’

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’

Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the announcement, the agreement is worth some $30 billion of current open interest. That

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EU Plans to Track Crypto Transactions for More Transparency: Eurogroup President

EU Plans to Track Crypto Transactions for More Transparency: Eurogroup President

Eurogroup President Paschal Donohoe, also Ireland’s Finance Minister, made remarks on how the EU is planning to track crypto transfers. Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, the minister said that the plan, if executed, would see increased transparency in transactions among both senders and receivers. The plan at an EU legislative

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