Violent crypto robberies on the rise: Six attacks that targeted investors
Cointelegraph by Aaron Wood May 16, 2025

As cryptocurrency gains in popularity and price, some criminals are taking to violent measures to steal funds from high-profile crypto holders.Jameson Lopp’s GitHub repository, which logs such incidents, has recorded 22 “$5…

Ripple: Judge’s settlement rejection has no effect on legal victory
Cointelegraph by Helen Partz May 16, 2025

Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win.Judge Analisa Torres of the US District Court for …

Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%
Cointelegraph by Adrian Zmudzinski May 16, 2025

Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said i…

CoinDesk Analyst Advises UK Crypto Firm to Set Up Bitcoin Treasury
Oliver Knight May 16, 2025

Coinsilium raised £1.25 million to help establish the BTC treasury, amid record trading volume.

The emergence of Sonic and what it means for DeFi: Report
Cointelegraph by Igor K May 16, 2025

Why did Fantom reinvent itself as Sonic?Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied o…

CoinDesk 20 Performance Update: AAVE Jumps 7.4%, Leading Index Higher
CoinDesk Indices May 16, 2025

Ethereum (ETH) was also a top performer, gaining 2.9% From Thursday

Ripple-SEC Bid for XRP Settlement Rejected by Judge Citing ‘Procedural Flaws’
Shaurya Malwa May 16, 2025

Judge Analisa Torres rejected the proposed $50 million settlement, saying the joint request was filed improperly and lacked required legal justification.

Wisconsin Sells Entire $350M Spot Bitcoin ETF Stake
Francisco Rodrigues May 16, 2025

The move came after the state investment board doubled its exposure to spot bitcoin ETFs late last year as markets fell.

Ether Bears Are Done and That’s Fueling ETH’s Surge, Crypto Benchmark Issuer Says
Omkar Godbole May 16, 2025

Ether’s recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks’ Sui Chung said.

Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN
Helene Braun May 16, 2025

Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics.