People

Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’

Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’

Strategy, formerly known as MicroStrategy, is unlikely to adopt on-chain proof-of-reserves (PoR) disclosure for its substantial Bitcoin holdings. At the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, dismissed the practice as a potential security threat, saying it exposes firms and users to unnecessary risks. Saylor made the comments while responding to […]

Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’ Read More »

Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash

Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash

Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the

Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash Read More »

Trump’s controversial memecoin dinner elicited mixed responses from attendees

Trump’s controversial memecoin dinner elicited mixed responses from attendees

U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food

Trump’s controversial memecoin dinner elicited mixed responses from attendees Read More »

TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests

TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests

US President Donald Trump hosted a highly publicized crypto dinner on May 22 for top holders of the TRUMP memecoin, attracting a mix of crypto elites and public figures from across the globe. The exclusive event, first announced in April, was reserved for the top 220 TRUMP token holders. The 25 largest holders received VIP

TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests Read More »

Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis

Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis

Ripple CEO Brad Garlinghouse has expressed frustration after a meeting with pro-crypto US Senator Cynthia Lummis, who chairs the Senate’s Digital Assets Subcommittee, was canceled. In a May 19 post on X, Garlinghouse revealed he was in Washington, D.C., for discussions with lawmakers to promote reasonable regulations for stablecoins and crypto market structure. However, Garlinghouse

Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis Read More »

Vitalik Buterin backs limiting history so users can run own personal nodes to protect Ethereum long term

Vitalik Buterin backs limiting history so users can run own personal nodes to protect Ethereum long term

Ethereum co-founder Vitalik Buterin has submitted a new proposal to make the blockchain network’s nodes more efficient and accessible. In a May 19 research blog post, Buterin argued that the network’s long-term health depends on users’ ability to run personal nodes, which is becoming increasingly complex due to rising storage and bandwidth requirements. According to

Vitalik Buterin backs limiting history so users can run own personal nodes to protect Ethereum long term Read More »

Telegram founder ‘flatly refused’ to censor political content ahead of Romanian election

Telegram founder ‘flatly refused’ to censor political content ahead of Romanian election

Social media platform Telegram founder Pavel Durov said he “flatly refused” the request of a Western European government to censor conservative political content. In a Telegram post on May 18, Durove wrote: “Telegram will not restrict the freedoms of Romanian users or block their political channels.” The demand for censorship came ahead of today’s scheduled

Telegram founder ‘flatly refused’ to censor political content ahead of Romanian election Read More »

Coinbase resists  million Bitcoin ransom demand after insider-led data breach

Coinbase resists $20 million Bitcoin ransom demand after insider-led data breach

Coinbase revealed that it suffered a data breach that affected less than 1% of its active monthly users, according to the May 15 statement. Following the hack, the exchange CEO Brian Armstrong said the perpetrators tried to extort it of $20 million in Bitcoin. How Coinbase was breached According to the exchange, the threat actors

Coinbase resists $20 million Bitcoin ransom demand after insider-led data breach Read More »

French government to meet crypto leaders over rising kidnapping threats

French government to meet crypto leaders over rising kidnapping threats

France’s Interior Ministry is reportedly set to meet with key players in the country’s crypto industry on May 16 to tackle a rising wave of kidnappings targeting digital asset entrepreneurs, Le Monde reported on May 14. According to the report, Interior Minister Bruno Retailleau said the planned gathering will focus on improving security awareness and

French government to meet crypto leaders over rising kidnapping threats Read More »

Polygon’s co-founder warns of deepfake video scam using his likeness targeting startups

Polygon’s co-founder warns of deepfake video scam using his likeness targeting startups

Sandeep Nailwal, co-founder of Polygon, has flagged a troubling rise in deepfake scams using his likeness to deceive crypto founders. Polygon is one of the largest Ethereum layer-2 networks. In a May 13 social media post on X, Nailwal said several individuals recently reached out to verify if he had spoken with them over Zoom.

Polygon’s co-founder warns of deepfake video scam using his likeness targeting startups Read More »