Month: May 2025

NEW YORK, NY — Mango Markets exploiter Avraham “Avi” Eisenberg, who stole $110 million from the now-defunct decentralized finance protocol in 2022, was sentenced to 52 months in prison on Thursday — on his guilty plea to possession of child sexual exploitation material, not for his conviction on the crypto...

Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) reported a first-quarter 2025 loss of $16.49 after posting a $5.9 billion writedown on its bitcoin stack thanks to a sizable decline in the price of BTC during the year’s first three months. Led by...

Strategy Inc (NASDAQ:MSTR) reported financial results for the first quarter on Thursday after the bell. Here’s a look at the key highlights from the Bitcoin (CRYPTO: BTC) treasury company’s report. Q1 Earnings: Strategy reported first-quarter revenue of $111.07 million, missing analyst estimates of $115.85 million, according to Benzinga Pro. The company...

Ethereum Foundation researcher Dankrad Feist has cautioned that ETH’s base layer could slip into irrelevance within a decade unless the community embraces a far more aggressive roadmap for on-chain scaling and protocol overhaul. Writing in a post on the Ethereum Magicians forum, Feist introduces a draft EIP that would...

U.S. stocks climbed on Thursday, led by the Nasdaq, as upbeat earnings from Microsoft and Meta reassured investors who were wary of the economic impact of President Trump’s escalating trade war with China. The Nasdaq Composite index closed near session…...

Classover Holdings Inc (NASDAQ:KIDZ) shares closed Thursday’s trading up 366.06% to $5.36 after the company announced it entered an equity purchase facility agreement with Solana Strategies Holdings. What To Know: The funds will support working capital, acquisitions and a new treasury strategy centered around Solana (CRYPTO: SOL) tokens. Under...

What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin (BTC) and that trend could be set to continue. Already among the best-performing global assets in recent months, gold’s rally powered to new heights in the weeks...

The U.S. Securities and Exchange Commission has closed its investigation into PayPal’s dollar-backed stablecoin, PayPal USD (PYUSD), without taking enforcement action, ending a regulatory chapter that began more than a year ago, the company said. “In November 2023, we received a subpoena from the U.S. SEC Division of Enforcement...

Litecoin (LTC) price surged more than 7% on Thursday, outperforming the broader market gauge CoinDesk 20 Index, which climbed about 4%. Bloomberg Senior ETF Analyst Eric Balchunas reports that spot Litecoin ETF approval chances have surged to 90%, with a decisive deadline of October 2nd that could dramatically broaden...

With corporate adoption of Bitcoin picking up pace, Grayscale is betting that investors want in—not by way of the cryptocurrency itself, but through the companies that are adopting it. The crypto asset manager has unveiled the Grayscale Bitcoin Adopters ETF (NYSE:BCOR), an innovative new fund that tracks publicly traded...