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UK court throws out most of $13.3B BSV lawsuit against Binance The UK Court of Appeal dismissed most claims in a $13.3B class action accusing Binance and other exchanges of harming Bitcoin SV by delisting it in 2019. The court ruled that the damages were speculative and unsupported. However, smaller claims for access loss or forced selling may still proceed. Source: https://assets.caselaw.nationalarchives.gov.uk/d-743f21b8-491d-4120-9c30-94e70cfeb772/d-743f21b8-491d-4120-9c30-94e70cfeb772.pdf

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Several tokens in the Sui ecosystem have plunged sharply following an incident involving the Cetus Protocol. Tokens like LOFI and HIPPO dropped over 50% within an hour, while CETUS fell 50% on DEXs. Lookonchain reports around $260 million was drained, with $60 million USDC bridged to Ethereum. Cetus confirmed the smart contract has been paused for investigation. Some say it’s an oracle issue, not a typical hack.

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XRP posts second consecutive quarter of growth, outpacing BTC, ETH, and SOL In Q1 2025, XRP's market cap rose 1.9% to $121.6B, while BTC, ETH, and SOL saw a combined 22% drop. Network activity surged: daily active addresses jumped 142% to 134,600. Growth was fueled by Trump’s hint at adding XRP to a crypto reserve and SEC-Ripple settlement progress. RLUSD stablecoin also reached $244.2M in market cap. Messari expects continued growth in Q2 as XRPL prepares smart contract upgrades and DeFi support.

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15th Anniversary of Bitcoin Pizza Day: 10,000 BTC Pizza Now Worth Over $1.1 Billion On May 22, 2025, Bitcoin hit a new all-time high of $111,800 — exactly 15 years after “Bitcoin Pizza Day,” when programmer Laszlo Hanyecz made the first-ever commercial BTC transaction by buying two pizzas for 10,000 BTC in 2010. Back then, the BTC was worth about $40. Today, it's valued at over $1.1 billion — a symbol of Bitcoin's extraordinary rise from cypherpunk code to a global asset. Despite being labeled as “missing out on a fortune,” Hanyecz said the transaction made Bitcoin real for him, marking a turning point in BTC’s journey to real-world use.

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Whales Accumulate Aggressively as ETH Eyes $3,250 Amid Record Exchange Supply Drop Ethereum (ETH) rose 2% during the early Asian session on Thursday, reclaiming the key $2,500 level driven by strong whale buying. According to CryptoQuant, ETH exchange balances fell to 18.73 million ETH on Wednesday — the lowest since August 2024. Over 1 million ETH has moved off exchanges since April 24, suggesting growing long-term accumulation. Wallets holding 10,000–100,000 ETH added 670,000 ETH in the past nine days, while smaller wallets shed 110,000 ETH. Despite the demand, ETH remains range-bound near $2,500, a level that continues to attract heavy volume on each breakout attempt. In the last 24 hours, ETH futures liquidations reached $106.52 million, reflecting heightened volatility without clear direction. RSI hovers near the overbought zone, and MACD is showing signs of weakness if it crosses below the average line. To establish a clear trend, ETH needs to break above $2,850 for a push toward $3,250 or fall below $2,100 to confirm downside momentum.

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Latest News

Genius Group Resumes Bitcoin Reserve Expansion Following Court Decision

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Sui Network Faces $200 Million Theft Challenge

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Bluefin Temporarily Halts Operations Following Cetus Attack

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