Inter Milan fan token soars after Champions League win over Barcelona FC

Key takeaways: Inter Milan Fan Token jumped 10.5% after beating Barcelona, showing a direct price correlation with match outcomes. PSG and AFC fan tokens signal breakout patterns ahead of the Champions League semifinal. Crypto betting odds favor PSG over Inter Milan, influencing fan token trading volumes and short-term price setups. The Inter Milan Fan Token …

Ethereum’s Pectra network upgrade goes live today: What to expect

Ethereum — the network that unleashed smart contracts on the world — moves on to the next chapter with today’s Pectra upgrade, but what does it really mean? Pectra is scheduled to go live on Ethereum mainnet at the start of epoch 364032, May 7, 2025, at around 10:00 am UTC. The three main Ethereum improvement …

What is Tornado Cash, and why did it get into trouble?

What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs to conceal the onchain link between the sender and receiver of a transaction. Launched by Roman Storm and Roman Semenov on Ethereum in 2019, Tornado Cash allows …

Bhutan launches tourism crypto payments with Binance Pay and DK Bank

Bhutan, known for investments in cryptocurrencies like Bitcoin, has launched a tourism crypto payment system in partnership with Binance Pay and DK Bank. The system allows Bhutan travelers with Binance accounts to pay for services like tickets, hotel stays, tour guides and other products using at least 100 different crypto assets, including Bitcoin (BTC), USDC …

Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357M

Despite the $1.4 billion lost in the recent Bybit hack, crypto companies have not changed their approach to cybersecurity, according to Hacken CEO Dyma Budorin.  In an interview with Cointelegraph at the Token2049 event in Dubai, Budorin said the industry continues to rely on limited measures such as bug bounties and penetration tests, rather than …

Tether launches on Kaia, brings USD₮ to LINE’s 196M user ecosystem

Tether has deployed its flagship stablecoin, USD₮, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with over 196 million monthly active users. The integration means USD₮ (USDT) will now be supported across Line’s messenger-based Mini DApp ecosystem and self-custodial wallet, enabling …

Bitcoin pushes for $98K as 2025 Fed rate cut odds flip 'pessimistic'

Key points: Bitcoin and gold trade in lockstep on low timeframes as macro volatility triggers heighten. The Federal Reserve interest rate decision and news conference are just hours away. Market sentiment for rate cuts in 2025 decreases sharply ahead of the FOMC meeting. Bitcoin (BTC) saw a flash short-term trend change on May 7 as …

Metaplanet reaches 5,555 Bitcoin milestone with latest 555 BTC buy

Japan’s Metaplanet purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC, valued at over $536 million at current prices. On May 7, the Tokyo-listed firm disclosed that it spent $53.4 million acquiring 555 Bitcoin (BTC) at an average price of $96,134. The company now holds …

Movement Labs terminates co-founder Rushi Manche, launches new firm

Movement Labs confirmed the termination of its co-founder, Rushi Manche, following controversy over a market maker deal that he brokered. Movement Labs made the announcement in a May 7 X post, stating it had “terminated Rushi Manche.” The project said it “will continue under a different leadership.” The post also alludes to upcoming governance changes. …

Voltage Finance exploiter moves $182K in ETH to Tornado Cash

A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has moved some of the stolen Ether to Tornado Cash after a short hibernation.  Blockchain security firm CertiK said in a May 6 post to X that the 100 Ether (ETH), worth $182,783 at current prices, was …