Wintermute opens New York office, citing improved US crypto rules
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 New York office on May 15, citing improved regulatory conditions in the world’s largest economy.
“As the US takes a friendlier stance on digital assets and institutional adoption accelerates, we moved quickly to establish roots in New York City,” the company wrote in a May 15 X post, adding that the local pr
Tether blacklist delay allowed $78M in USDT transfers, report says
A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance firm AMLBot.
In a May 15 report, AMLBot’s onchain investigation team explained that Tether’s address blacklisting becomes effective after a considerable delay from when the process is initiated on Ethereum and Tron.
“This delay originates from Tether’s multisignature contract setup on both Tron and Ether
Bitcoin mining 2025: Post-halving profitability, hashrate and energy trends
After the 2024 halving, Bitcoin mining entered its fifth epoch and block rewards were reduced from 6.25 BTC to 3.125 BTC. This forced miners to rethink their operations, optimize efficiency, cut energy costs and upgrade hardware to remain profitable. Cointelegraph Research, with insights from industry experts at Uminers, examines this transformation in its latest report. The analysis covers ASIC efficiency improvements, corporate performance, geographical expansion and new revenue models. As min
Tron’s USDT supply to surpass Ethereum’s with new $1B mint
Stablecoin issuer Tether minted another 1 billion USDt tokens on Tron, pushing the network’s authorized USDT supply to surpass Ethereum’s.
On May 15, blockchain data showed that Tether’s treasury minted $1 billion of its dollar-pegged stablecoin, USDt (USDT), into the Tron network.
As of May 14, Tether’s stablecoin transparency page shows that Tron’s authorized USDT totals $73.7 billion, while Ethereum has $74.5 billion in authorized USDT tokens. If the newly minted tokens are added to the nu
Tariff doubts push NFL, NBA to bet big on digital merch
As more and more businesses are impacted by tariff volatility, some executives, like Ridhima Kahn, vice president of business development at Dapper Labs, are viewing the assault on the cost of physical goods as another use case for digital markets powered by blockchain to shine.
“I’m seeing a lot of brands rethinking where revenue and fan engagement come from,” Kahn said during an exclusive interview with Cointelegraph. “A lot of franchises, like the ones we work with — NBA, NFL, Disney — have
Bitcoin Season 2: Why the next wave of Bitcoin innovation is all about utility
Bitcoin’s (BTC) next evolution isn’t just about price. It’s about potential.
On this week’s episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson sit down with Isabel Foxen Duke, general partner at Unbroken Chain and longtime Bitcoin advocate, to unpack what she calls “Bitcoin Season 2.”
Bitcoin beyond money
“Bitcoin Season 2 is really about seeing what we can do with Bitcoin outside of just being money,” said Duke.
“What are the broad range of financial use cases fo
6 signs predicting $140K as Bitcoin's next price top
Key takeaways:
Bitcoin's price is retracing, but strong ETF inflows, high network activity, and whale accumulation suggest BTC is on track to $140,000.
Spot Bitcoin ETFs saw $2.9 billion in net inflows in two weeks, mirroring past rallies.
Declining exchange balances and a rising transaction volume Z-Score suggest increasing overall demand.
Bitcoin (BTC) price is down 1.4% over the last 24 hours. It trades 6% below its all-time high of $109,000, reached on Jan. 20. Nevertheless, several fund
Bahrain-based publicly listed catering company with a $24.22 million market cap has adopted a Bitcoin treasury strategy in partnership with investment firm 10X Capital.
According to a May 15 announcement, AlAbraaj Restaurants Group partnered with 10X Capital to adopt a Bitcoin (BTC) treasury strategy similar to top corporate BTC holder Strategy, previously known as MicroStrategy. The firm also aims to explore Sharia-compliant access to Bitcoin for the Islamic world.
Jim Chanos takes opposing bets on Bitcoin and Strategy
Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, has revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.
At the Sohn Investment Conference in New York, Chanos told CNBC he’s “selling MicroStrategy stock and buying Bitcoin.” The investor described the move as buying something for $1 and selling something for $2.50, referring to what he sees as a significant price mismatch.
Stablecoins seen as ideal fit for real-time collateral management
Cryptocurrencies and stablecoins are gaining growing recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systems
In finance, collateral management refers to the process of managing the underlying collateral securing other financial transactions, such as loans or derivatives, to mitigate credit risks and ensure smooth transaction execution.
Digital assets like stablecoins are the “perfect” financial instrum
Coinbase refuses $20M ransom after support agent data breach
Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million ransom demand as cyber criminals attempted to steal sensitive user data from the exchange.
Cyber criminals have bribed and recruited a “group of overseas support agents” to steal Coinbase customer data to facilitate social engineering schemes such as phishing attacks.
“These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” wrote Coinbase in a
XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.
NUPL indicates traders are in denial, resembling past pre-crash phases.
Long-term charts still point to bullish targets between $3.69 and $17.
XRP (XRP) has rebounded by more than 50% over a month after forming a local low at $1.80. Improving risk appetite and prospects of an “altseason” have boosted its price.
Could XRP rally further from current levels or risk a pullback in the coming
Pi Network invests $100M in startups building blockchain apps
Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure.
According to a May 14 announcement, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will invest in startups and businesses building on Pi Network or contributing to its broader ecosystem.
“This strategic program intends to invest in high-quality startups and companies across sectors, dr
Pareto launches synthetic dollar backed by private credit
Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance.
The newly launched USP synthetic dollar is fully backed by real-world private credit, Pareto told Cointelegraph on May 15. To mint USP, users must deposit stablecoins such as USDC (USDC) and USDt (USDT), which are then held as collateral.
Ukraine strategic Bitcoin reserve bill reportedly in final stages
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 reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill already in its final stages, according to Yaroslav Zhelezniak, a member of parliament, who confirmed the plan to local media outlet Incrypted.
The proposal was initially announced during the CRYPTO 2025 conference in Kyiv on Feb. 6
Nasdaq-listed BTCS Inc. to boost ETH holdings with $57.8M raise
Publicly-traded firm BTCS Inc. announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy.
The Rockville, Maryland-based company announced the deal on May 14, stating that the move will allow it to expand validator node operations and build recurring revenue from Ether (ETH) staking.
BTCS CEO Charles Allen said the move follows Strategy’s (formerly MicroStrategy) high-profile Bitcoin (BTC) accumulati
The value of virtual: Economies are powered by ownership of the intangible
Opinion by: Yat Siu, executive chairman and co-founder, Animoca Brands
A discussion on digital property rights, copyright, intellectual property, the open metaverse, AI and value without physical form.
When I attend conferences and similar public events, someone almost always approaches me to ask how cryptographic tokens (fungible or non-fungible) can have value even though tokens are virtual and do not exist in the physical world. It's a surprisingly common question, especially one-on-one.
NFT founder stole millions from Bitcoin project, investors allege
Several investors of a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation.
According to the May 14 court filing in Illinois, the plaintiffs allege that their former business partner, Jonathan Mills, lied about transferring assets from Hashling NFT and at least $3 million from the Bitcoin mining project to a holding company — Satoshi Labs LLC (formerly known as Pr