Crypto News

Coinbase launches a $20 million bounty

May 15, 2025 1 min read

Coinbase has announced a $20 million reward program aimed at identifying and prosecuting those responsible for a recent data breach involving bribed customer service agents and extortion attempts. The breach, which affected less than 1% of the company’s monthly transacting users, involved cybercriminals paying overseas support staff to access sensitive customer information from internal systems. However, Coinbase reassured users that passwords, private keys, and access to customer funds were not

Bitget Lists Trending Believe App-based LaunchCoin (LAUNCHCOIN) for Spot Trading

May 15, 2025 3 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Launch Coin for spot trading. Deposits are currently open, and withdrawals will be available from May 14, 2025, at 12:00 UTC. The trading pair LAUNCHCOIN/USDT can be accessed via the Bitget platform. Launch Coin is a token associated with the Believe app (previously clout.me), a Web3-based SocialFi platform aiming to revolutionize fundraising and project launching by enabling

BNB Chain Foundation Completes New Rounds of Asset Purchases Under Its $100M Incentive Program

May 14, 2025 1 min read

The BNB Chain Foundation has executed two new rounds of token purchases as part of its ongoing $100M Incentive Program, which supports qualified projects building on the BNB Chain. Details of Recent Purchases: A total of $100,000 has been used to acquire $SKYAI in four transactions of $25,000 each: $25,000 purchase from $AIOT: Transaction. $25,000 purchase from $TST: Transaction. Tokens Purchased to Date: The BNB Chain Foundation wallet has purchased tokens from five tokens: The BNB

HOT Labs Surpasses 1 Million Users on Omni Balance as Chain Abstraction Demand Grows

May 14, 2025 2 mins read

Blockchain developer HOT Labs has announced that it has exceeded one million active users on its Omni Balance platform. The milestone highlights the growing market preference for Chain Abstraction technology that presents a viable decentralized trading solution. Developed by HOT Labs, Omni Balance operates as a unified smart contract on the NEAR blockchain, storing user balances across multiple blockchains and enabling seamless digital asset management. Users can effortlessly execute cross-chain

Ethereum’s price surges nearly 50% to over $2,700 after the Pectra upgrade

May 14, 2025 1 min read

Ethereum has experienced a significant price rally, climbing nearly 50% to over $2,700 following the recent Pectra upgrade. Currently, it sits about 6% below the price level it reached after Eric Trump publicly endorsed the crypto on February 3, when he tweeted that it was a great time to invest in Ethereum. This tweet came during a market downturn triggered by President Trump’s tariff proposals, which caused Ether to drop

HTX Launches $200,000 Giveaway For Bitcoin Pizza Day with Seven Top Crypto Projects

May 13, 2025 2 mins read

HTX Announces Bitcoin Pizza Day Surprise Gifts Campaign In celebration of one of the most iconic milestones in crypto history, HTX, a leading global cryptocurrency exchange, is commemorating Bitcoin Pizza Day with a 14-day Surprise Gifts campaign. The event recognizes the anniversary of the first real-world Bitcoin transaction on May 22nd. In collaboration with seven blockchain projects, HTX will offer over $200,000 in rewards to users. From May 13th to May

Bitget Opens Pre-Market Trading for SOON (SOON) Ahead of Official Spot Launch

May 13, 2025 3 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, has introduced SOON (SOON) to its pre-market trading platform, allowing users to engage in peer-to-peer trading prior to the token’s official spot market debut. The pre-market corridor is now open, enabling early access to SOON tokens for users seeking price discovery and liquidity opportunities prior to broader market availability. Pre-market trading on Bitget provides a flexible mechanism for buyers and sellers to

Meta considers stablecoin payouts for international creators

May 13, 2025 1 min read

Meta is currently exploring the possibility of using stablecoins for making payments to international creators, with the goal of reducing transfer fees and enhancing the efficiency of global transactions. This initiative, which is still in its early stages, began with discussions involving various cryptocurrency firms earlier this year. The company believes that adopting stablecoins could significantly lower payment costs and facilitate smoother cross-border transactions. Stablecoins, such as Tether (USDT) and

Strategy now holds nearly 569,000 BTC

May 13, 2025 1 min read

Strategy has made a significant investment in Bitcoin, acquiring an additional 13,390 BTC for approximately $1.34 billion. This latest purchase brings its total Bitcoin holdings to nearly 569,000 BTC, valued at over $59 billion based on current market prices of around $104,000 per coin. The average cost of Strategy’s Bitcoin holdings has increased to $69,287 per BTC. The funding for this substantial acquisition was achieved through two main avenues. Strategy

A crypto advisor to Donald Trump launches a $300 million bitcoin investment company

May 13, 2025 1 min read

David Bailey, a prominent crypto advisor and CEO of BTC Inc., is set to launch a new bitcoin investment company named Nakamoto, with an ambitious goal of attracting traditional investors to the digital asset market. The company has successfully raised $300 million, comprising $200 million in equity and $100 million in convertible debt, although the official announcement of this funding has yet to be made. The name “Nakamoto” pays homage

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

May 13, 2025 3 mins read

 MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops. Key Takeaways: According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile

GAIB Launches AID Alpha, Unlocking Access to AI Yield

May 12, 2025 3 mins read

GAIB, the economic layer transforming AI infrastructure investment, has announced the launch of AID Alpha: The Spice Harvest, a liquidity-bootstrapping campaign, where stablecoin deposits earn yield from a blend of real-world GPU financing deals and U.S. Treasury bills. Users can now deposit USDT, USDC, and other stablecoins across supported chains to earn Spice points. AID Alpha will later convert into AID, GAIB’s AI synthetic dollar. As AI development accelerates, infrastructure