Industry
Ripple acquires Swiss blockchain hosting firm Metaco for $250 million
Ripple, creator of the eponymous payments network and XRP token, announced on May 17 that it has acquired Swiss digital asset custodian and tokenization provider Metaco for $250 million.Barry StidhamValkyrie Leveraged Bitcoin Futures ETF Takes Inspiration From TradFi Meme
In its latest futures-based exchange-traded fund (ETF) filing, Valkyrie Funds tapped a popular meme in the financial Twitter community, known as "fintwit," to drive attention and interest.Craig GreenBlockchain Developer Launches $50M Fund to Increase Wormhole Adoption
A $50 million fund has been launched to help startups using Wormhole's cross-chain messaging protocol, according to a May 18 announcement.Martha GrizzardInferno Drainer' scam-as-a-service has stolen $5.9M since March
A new scam service dubbed "Inferno Drainer" has reportedly stolen nearly $6 million from unsuspecting crypto users, according to Web3 scam detection firm Scam Sniffer.Christopher SmithUniswap will be deployed on the Polkadot parachain Moonbeam
The Uniswap cryptocurrency exchange will soon be available on Polkadot's parachain Moonbeam, according to a proposal approved at the Exchange Governance Forum on May 17.Hallie GillAnchorage Digital Opens DeFi Voting for Custody Clients
Institutional clients of cryptocurrency custody firm Anchorage Digital can now voice their concerns about token proposals they hold without paying hefty gas fees.Sherry CantwellBancor DAO hit with class action lawsuit over impermanent loss protection promise
A group of investors has filed a class action lawsuit against the Bancor decentralized autonomous organization (DAO); its operator, the BProtocol Foundation; and its founders in the US District Court for the Western District of Texas.James DeanTether and KriptonMarket Support USDT Trading on Argentina's Central Market
Argentines can now use the usdt Stablecoin to build products at the buildos aires center market, one of the larget fruit and vegetable transporters in Latin Amer.Barry StidhamBitcoin Production Growth and Capital Strategy Guidance Marathon Digital
Fred Thiel, CEO of Bitcoin mining company Marathon Digital Holdings, told Cointelegraph The combination of more hashrate from miners and price protection methods is protecting Bitcoin Mining company Marathon Digital Holdings.Craig GreenCoinbase Cloud Plugs into Chainlink's Oracle Network to Improve Smart Contract Reliability
Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to enhance the security and reliability of Chainlink's blockchain oracle network.Wayne IngramJudge Consolidates Multiple Silvergate Lawsuits Alleging Ties to FTX
A judge in California has consolidated three investor lawsuits against defunct cryptocurrency bank Silvergate Bank in relation to bankrupt cryptocurrency exchange FTX.Hallie GillFounder of collapsed cryptocurrency exchange Thodex detained in Türkiye
The saga of Turkish cryptocurrency exchange Thodex continues, with the founder finally being brought home two years after the platform ceased trading.Jerry McNeillTornado Cash developer Alex Pertsev to be released under surveillance
Tornado Cash developer Alex Pertsev is about to be released after nearly nine months in prison. Last August, Pertsev was arrested by Dutch authorities for alleged involvement in money laundering via cryptocurrency mixing service Tornado Cash.Sherry CantwellEthereum Foundation Confirms Shapella Upgrade Date
In a recent post, ETH core developer Tim Beiko revealed that after months of testing and a short devnet launch, the Shapella network upgrade will be activated on the Sepolia network at epoch 56832 on February 28.Wayne IngramSpotify Pilots Token-Enabled Playlists With NFT Partners
Spotify is testing a new service with one of its partners “token-enabled playlists” that will enable non-fungible token (NFT) holders to connect their walletsCraig GreenBTC and the NFL: Athletes Embrace Bitcoin for Investment Opportunities
Dante Cook, the head of business at Swan Bitcoin, highlighted that Bitcoin is increasingly becomingJerry McNeillGerman DZ Bank adds digital currencies to asset management services
In terms of asset size, DZ Bank, Germany's second largest bank, will cooperate with digital asset company Metaco to fully integrate digital currencies into its asset management services.James DeanCoinbase Launches Its Own Layer 2 Network for Building Decentralized Apps
On February 23, cryptocurrency exchange Coinbase announced the launch of Base — an Ethereum layer 2 network.Hallie GillGoogle Searches for 'AI' Surpass Bitcoin and Crypto in Breakout Year
Data from Google Trends shows that Google users are far more interested in looking up artificial intelligence (AI) than “bitcoin”Craig GreenApple's Private GPT AI: No Public Release Yet
According to recent reports, Apple is said to be developing its own Generative Pre-Trained Transformer (GPT) artificial intelligence (AI) model, internally known as "Ajax."Jerry McNeill
