Former execs of crypto lender Cred cop to wire fraud

Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse. Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a May 13 text filing in a California District…

Crypto exchange CEO’s daughter fights off brazen kidnappers in Paris

Disclaimer: This article contains a video that may be disturbing for some readers. A brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was foiled after the daughter and passersby reportedly fought off the kidnappers. Three masked men attacked Noizat’s daughter and a male…

Crypto speculation dominates $600B cross-border payments: BIS report

Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, driven primarily by speculative investment, according to a recent report by the Bank for International Settlements (BIS). The BIS study, published May 8, found cross-border payments using the two largest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), and the two largest stablecoins, USDt (USDT) and…

What are the next steps for the US stablecoin bill?

Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, failed to get enough…

Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst

Key Takeaways: Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains. Bitcoin (BTC) price continues to consolidate higher above $100,000…

Slow Blockchain Governance Leaves Crypto Exposed to Quantum Threats

Quantum computing poses a real threat to crypto, and slow-moving governance processes risk leaving blockchains vulnerable, according to Colton Dillion, a co-founder of Quip Network, which provides quantum-proof vaults for storing digital assets. While the technology, which uses the quantum states of subatomic particles to perform calculations instead of transistors and binary code, is still…

Solana network and DeFi activity suggest SOL price rally will continue

Key takeaways: Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem. Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month. SOL’s 8% funding rate shows healthy leverage demand from bulls. Solana’s native token SOL (SOL) surged 24.8% between May 6 and May 10, following the broader altcoin market rally after…

Tether buys $459M Bitcoin for Twenty One Capital

Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor…

$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock

Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9. On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of…

DeGods NFT founder steps down as collection gains traction

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales.  Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding a three-year stint as the head of one of the…