Bitcoin must close the week above this level to start 'price discovery 2'

Key points: Bitcoin analysis identifies the all-important price point to hold into the weekly close as all-time highs loom. Liquidity is tightly clustered around current spot price, with $106,000 the likely next battleground. Some traders are expecting the bid to enter price discovery to fail. Bitcoin (BTC) preserved giant gains into the May 11 weekly …

Pectra lets hackers drain wallets with just an offchain signature

Ethereum’s latest network upgrade, Pectra, introduced powerful new features aimed at improving scalability and smart account functionality — but it also opened a dangerous new attack vector that could allow hackers to drain funds from user wallets using only an offchain signature. Under the Pectra upgrade, which went live on May 7 at epoch 364032, …

8 major crypto firms announce US expansion this year

Crypto services platform Nexo shared its plans to reenter the United States market on Monday, marking the eighth major crypto firm to announce such plans since US President Donald Trump took office at the start of the year. Firms like Circle, Binance and OKX are banking on favorable regulatory clarity in 2025 to herald their …

“Humans can tell when it’s a human” — Community mocks Worldcoin’s Orb Mini

Worldcoin’s latest hardware, the Orb Mini, aimed at enabling portable human verification, has been met with ridicule across Crypto Twitter. Launched with the slogan “It goes where you go,” the device has instead triggered dystopian comparisons and widespread mockery for its unsettling implications and unclear use case. “The thing about humans is they can tell …

Mobius Token smart contracts on BNB Chain exploited, $2.1M drained

Hackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers Alerts. The attacker deployed the contract from address 0xb32a53… at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC, draining funds from the victim wallet 0xb5252f… Cyvers …

Altseason is coming, 40% daily gains to become ‘new normal’ — Analyst

Altcoin markets are flashing early signs of a breakout, with several analysts calling for a potential surge over the next few months. Crypto commentator Mister Crypto predicts the next 3 to 6 months could be “life-changing,” suggesting daily gains of up to 40% may soon become the norm. In a May 11 post on X, …

Coinbase considered Saylor-like Bitcoin strategy before opting out: Bloomberg

Coinbase reportedly considered adopting a Bitcoin investment playbook like Michael Saylor’s Strategy on multiple occasions, but decided against it each time out of fear that it would kill the firm’s crypto exchange, Bloomberg reported. “There were definitely moments over the last 12 years where we thought, man, should we put 80% of our balance sheet …

Ex-UFC champ Conor McGregor touts Irish Bitcoin reserve in presidential bid

UFC fighter turned Irish political candidate Conor McGregor has endorsed the idea of building a Bitcoin reserve in his country to give more “power back to the people.” “Crypto in it’s origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money,” McGregor wrote …

El Salvador stacks 7 Bitcoin in last week, despite IMF deal

The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan agreement. According to data from the El Salvador Bitcoin Office, …

Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit

Investors of Bitcoin Satoshi’s Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange Binance for delisting the altcoin, which the litigants claim stunted the price of BSV.   According to Law360, attorneys for the …