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The company had a weak Q1 2025, suffering a loss of $295 in net income according to company investor reports. Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed…
Coinbase faces a $400 million phishing bill after cybercriminals managed to bribe overseas support agents to expose the personal data of the exchange’s users. News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startup news this week was fairly routine — in a good way: Aside from a minor kerfuffle between Y Combinator and Google, there was no headline-grabbing drama….
!["The world is trying to hoard Bitcoin right now" — Eric Trump](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-12/0193878b-9b26-7cce-85e7-12aae35158f5 ""The world is trying to hoard Bitcoin right now" — Eric Trump")
Trump, co-founder of a Bitcoin mining firm, spoke on a panel at the Consensus crypto conference on May 15 in Toronto. There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump…
The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said. Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15. The Singaporean company clocked…
Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry. Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US. Wintermute announced the opening of its…
Ukraine is said to be finalizing a Bitcoin reserve bill, which may see it become the next country to adopt BTC as a national reserve asset. Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia. Lawmakers are…
The probe is asking for any suspicious activity reports mentioning Trump, World Liberty Financial, WLF, TRUMP, MELANIA and Justin Sun, among others. US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital…
The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE)…
Summer Mersinger is expected to leave the commission three years before her term officially ends to lead the Blockchain Association. Summer Mersinger, one of four commissioners currently serving at the US financial regulatory body Commodity Futures Trading Commission (CFTC), will become the next CEO of the digital asset advocacy group the Blockchain Association (BA). In…