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Bringing student loans onchain would increase the total value locked (TVL) in decentralized finance (DeFi) by more than four times, supercharging the industry, according to Yat Siu, chairman of Animoca Brands. Speaking at Consensus 2025 in Toronto, Siu pointed to the $3 trillion global student loan market as an untapped opportunity for the crypto industry. …
Continue reading “Animoca’s Yat Siu says student loans can supercharge DeFi growth”
Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year. Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s market cap could propel BTC/USD to nearly $1 million by the decade’s end. Bitcoin (BTC) has a “decent chance” of hitting …
Continue reading “Bitcoin hitting $220K 'reasonable' in 2025 says gold-based forecast”
What is Tether AI? Tether AI is an open-source, decentralized artificial intelligence (AI) platform launched by Tether, the company behind the Tether USDt (USDT) stablecoin. Unlike traditional AI services that depend on centralized servers and require application programming interface (API) keys, Tether AI runs on a distributed peer-to-peer (P2P) network, offering enhanced privacy, autonomy and …
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Blockchain gaming user activity dipped and funding slowed in April, but the overall ecosystem is healthier and maturing, according to blockchain analytics platform DappRadar. User activity dropped 10% over April, with blockchain gaming reaching a 2025 low of 4.8 million daily Unique Active Wallets, DappRadar analyst Sara Gherghelas said in the platform’s April Games Report. …
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Ethereum layer-2 scaling platform Starknet has reached a decentralization milestone laid out by Ethereum co-founder Vitalik Buterin and is now the largest zero-knowledge rollup-based network by total value locked. Starknet said in a press release shared with Cointelegraph that it has hit “Stage 1” decentralization, according to a framework Buterin laid out in 2022, which …
Continue reading “Starknet hits ‘Stage 1’ decentralization, tops ZK-rollups for value locked”
The Pacific US territory of the Northern Mariana Islands has passed a bill allowing its small constituent island of Tinian to launch a stablecoin, overriding an earlier veto by the territory’s governor. The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold Palacios’ April 11 veto of the bill, which allows the Tinian …
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Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run. There hasn’t been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, …
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‘frothy use case’ a good sign: WisdomTree exec”
Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering. The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the …
Continue reading “DOJ charges 12 more gamer-turned $263M Bitcoin robbers”
Elon Musk’s artificial intelligence firm xAI has blamed an “unauthorized modification” to the Grok chatbot’s response, causing it to generate responses mentioning political and racial tensions in South Africa. On May 16, xAI provided an update on the Grok AI chatbot’s inflammatory responses, stating that on May 14, “an unauthorized modification was made to the …
Continue reading “Grok 'white genocide' rant due to unauthorized prompt change: xAI”
Coinbase stock dipped after news broke of a cyberattack that exposed customer data and an ongoing Securities and Exchange Commission investigation over misstated user numbers in 2021. The double whammy of bad news rattled investors as company stock (COIN) slid 7% in a fall to $244 in after-hours trading on May 15, according to Google …
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