Alarm bells ring in US over OpenAI’s crypto project World
World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices.World &ldq…
Crypto VC deals drop in Q1, but funding more than doubles: PitchBook
Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook.The venture research firm said in its May 14 Crypto VC Trends report for Q…
Crypto swapper eXch shows signs of life after post-Bybit shutdown
Once a go-to swapper for hackers and drainers, eXch was shut down by German police in April — but continued activity suggests the story isn’t over.Without Know Your Customer (KYC) checks, eXch wasn’t your typical cryp…
Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse
Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fra…
Semler Scientific sees after-hours stock slump as Q1 revenue plunges
Bitcoin-buying medical device firm Semler Scientific has seen its share price drop after the bell as its first-quarter revenues fell and losses deepened from the year-ago quarter.In its Q1 earnings report released May 13, Semler report…
Synthetix makes $27M bid to re-acquire crypto options platform Derive
Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive.Synthetix said in a May 14 blog post that it plans to acquire Derive in a token…
Thailand to tokenize $150M government bonds for retail investors: Report
Thailand’s Ministry of Finance reportedly plans to issue $150 million worth of digital investment tokens, allowing retail investors to buy government bonds.The Bangkok Post reported on May 13 that Finance Minister Pichai Chunhava…
eToro IPO raises $620M after pricing shares above range at $52
Crypto and stock trading platform eToro has boosted the size of its initial public offering to $620 million by pricing its shares above its previously suggested range.The platform and its backers sold over 11.92 million shares for $52 …
Illicit $8B crypto market Xinbi incorporated in Colorado: Elliptic
A Colorado-incorporated firm has been linked to a Chinese illicit marketplace that has served scammers in Southeast Asia and has been used to channel billions of dollars worth of crypto.The marketplace, called Xinbi Guarantee, has rece…
Crypto exchange CEO’s daughter fights off brazen kidnappers in Paris
Disclaimer: This article contains a video that may be disturbing for some readers.A brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, was foiled after the dau…