Month: May 2025

Malaysian authorities have dismantled a bitcoin mining syndicate allegedly involved in large-scale electricity theft in the Hulu Terengganu and Marang districts, police said on Wednesday. The raids, conducted during Op Letrik by Terengganu police in collaboration with Tenaga Nasional Berhad’s…...

Cardano is gaining bullish traction after bouncing off its 20-day moving average, signaling a potential trend shift as the network quietly claims the top spot in blockchain developer activity. Data from blockchain analytics platform Cryptometheus shows Cardano (ADA) recorded 21,440…...

Cheqd, DataHive, Nuklai, and Datagram have launched the Sovereign AI Alliance, a new initiative aimed at developing an open-source framework for decentralized artificial intelligence using user-owned data. Announced on May 1 via a press release shared with crypto.news, the alliance…...

Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps),...

Tezos has successfully activated Rio, its 18th protocol upgrade, marking another milestone in the blockchain’s Tezos X roadmap.  The upgrade was approved through the network’s on-chain governance process, with participation from validators and community members, and aims to enhance staking…...

Someday you’ll be out of a job. So will I, so will your neighbor, so will your best friend, and so will all of your family. All of our jobs will be automated, thanks to AI. This is the prediction of Shaw Walters (who in Web3 style typically just...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.48, up 3.2% (+86.71) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+8.2%) and AAVE (+5.9%). Laggards:...

Dinari, a crypto startup focused on tokenizing real-world assets, has raised $12.7 million in a Series A funding round led by Hack VC and Blockchange Ventures, with backing from VanEck Ventures, F-Prime, and the Avalanche Fund, according to a Fortune report. The round brings the California-based firm’s total funding...

Bitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in April, Wall Street bank JPMorgan said in a research report on Thursday. Some bitcoin miners have pivoted into new business areas, such as offering HPC services to...

Aztec, a layer-2 rollup focused on privacy, shared Thursday that its testnet has finally gone live. The announcement comes as a wave of new privacy-focused solutions begins to capture the interests of large institutions that need confidentiality with large transaction batches. The team behind Aztec said that they have...