Month: May 2025

Alex Mashinsky, the founder and former CEO of the now-collapsed cryptocurrency lender Celsius Network, was sentenced to a 12-year prison term for securities and commodities fraud on Thursday. What Happened: The sentencing was delivered by U.S. District Judge John Koeltl in Manhattan, according to a Reuters report. Federal prosecutors charged Mashinsky with...

The incident highlights the potential for manipulation and trust issues within the crypto community, impacting investor confidence. The post Zerebro co-founder Jeffy Yu, who played dead, got caught in his parents’ driveway appeared first on Crypto Briefing....

TL;DR After a prolonged time spent in a relatively tight trading range, XRP soared above a key resistance, which can take it higher to $2.6, according to a popular crypto analyst. The latest price surge came amid the market-wide surge, but also after the US SEC filed to settle...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry. What Happened: During the first quarter earnings call, Armstrong was asked about the growing interest of traditional banks in the cryptocurrency...

The U.S. Securities and Exchange Commission has filed a motion seeking court approval for a settlement with Ripple Labs, even as one SEC commissioner opposes the move over investor protection concerns. According to the May 8 court SEC filing, both…...

Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came...

Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripping...

[PRESS RELEASE – Hong Kong, Hong Kong, May 9th, 2025] Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation...

The 22-year-old developer of Zerebro, who apparently committed suicide during a livestream on May 4, is actually alive, according to a San Francisco news outlet that claims they spoke to Yu outside his family home.  The San Francisco Standard reporter George Kelly claimed on May 8 that he briefly...

BONK, the Solana meme coin, has been silent for a while, but an interesting technical analysis suggests something interesting might be brewing for its price action. Over the past few weeks, the meme coin has displayed an increasingly bullish structure, with its price reclaiming a key support level and...