Sui Price Pops 9% as 21Shares Seeks SEC Approval for ETF

Crypto asset manager 21Shares applied for an exchange-traded fund tracking the price of Sui, according to a filing with the U.S. Securities and Exchange Commission on Wednesday. The 21Shares Sui ETF aims to broaden investors’ access to the native token of the layer-1 network designed for high-speed transactions, which has been dubbed by some as a “Solana Killer.” The filing  named Coinbase as a custodian to safeguard investors’ funds, according to the registration statement, but did not specify...

Crypto asset manager 21Shares applied for an exchange-traded fund tracking the price of Sui, according to a filing with the U.S. Securities and Exchange Commission on Wednesday. The 21Shares Sui ETF aims to broaden investors’ access to the native token of the layer-1 network designed for high-speed transactions, which has been dubbed by some as a “Solana Killer.” The filing  named Coinbase as a custodian to safeguard investors’ funds, according to the registration statement, but did not specify...

'MapleStory N' Avalanche Crypto Game Launching This Month

Nexpace, a blockchain company backed by South Korean gaming giant Nexon, announced Thursday that its Web3 expansion of the popular MapleStory franchise will launch on May 15. The new game, MapleStory N, will blend the franchise's traditional 2D side-scrolling gameplay with crypto assets on the Avalanche blockchain, allowing players to own and trade in-game assets on-chain. The studio has launched its own dedicated Avalanche L1 chain called Henesys, which went live in April. "The launch of MapleS...

Nexpace, a blockchain company backed by South Korean gaming giant Nexon, announced Thursday that its Web3 expansion of the popular MapleStory franchise will launch on May 15. The new game, MapleStory N, will blend the franchise's traditional 2D side-scrolling gameplay with crypto assets on the Avalanche blockchain, allowing players to own and trade in-game assets on-chain. The studio has launched its own dedicated Avalanche L1 chain called Henesys, which went live in April. "The launch of MapleS...

Bitcoin Price Tops $96K for First Time Since February Correction

Bitcoin surged past $96,000 as May opened, reaching levels not seen since February's steep correction when President Donald Trump’s aggressive U.S. trade policies began to trigger declines. Bitcoin has rebounded 21% from its February low of $78,900 and 28% from early April's $75,000 bottom. The surge past the $96,000 price mark represents Bitcoin's strongest position since the price decline trend began the last week of February. "Bitcoin's recent price appreciation is the result of long-term mom...

Bitcoin surged past $96,000 as May opened, reaching levels not seen since February's steep correction when President Donald Trump’s aggressive U.S. trade policies began to trigger declines. Bitcoin has rebounded 21% from its February low of $78,900 and 28% from early April's $75,000 bottom. The surge past the $96,000 price mark represents Bitcoin's strongest position since the price decline trend began the last week of February. "Bitcoin's recent price appreciation is the result of long-term mom...

Malaysian Police Raid $8,000-a-Month, 45-Machine Bitcoin Mining Operation

Malaysian police have cracked down on yet another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in the northeast of the country. According to local news outlet Malay Mail, the raids on two separate premises led to the seizure of 45 Bitcoin mining machines worth roughly $52,145 (RM225,000), alongside other equipment. Terengganu police chief Datuk Mohd Khairi Khairuddin estimated that the electricity theft cost Tenaga Nasional—Malaysia’s only electricity c...

Malaysian police have cracked down on yet another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in the northeast of the country. According to local news outlet Malay Mail, the raids on two separate premises led to the seizure of 45 Bitcoin mining machines worth roughly $52,145 (RM225,000), alongside other equipment. Terengganu police chief Datuk Mohd Khairi Khairuddin estimated that the electricity theft cost Tenaga Nasional—Malaysia’s only electricity c...

$364 Million Lost in April to Crypto Hacks, Scams: CertiK

New CertiK estimates suggest about $364 million was lost through crypto hacks, scams and exploits in April alone. The cybersecurity firm says the vast majority of this total, $337 million, is related to phishing attacks. #CertiKStatsAlert 🚨 Combining all the incidents in April we’ve confirmed ~$364M lost to exploits, hacks and scams after ~$18.2m was returned. KiloEx, Loopscale and zkSync all had funds returned by whitehat exploiters. ~$337M of the total is attributed to phishing. More… pic.tw...

New CertiK estimates suggest about $364 million was lost through crypto hacks, scams and exploits in April alone. The cybersecurity firm says the vast majority of this total, $337 million, is related to phishing attacks. #CertiKStatsAlert 🚨 Combining all the incidents in April we’ve confirmed ~$364M lost to exploits, hacks and scams after ~$18.2m was returned. KiloEx, Loopscale and zkSync all had funds returned by whitehat exploiters. ~$337M of the total is attributed to phishing. More… pic.tw...

Ethereum Set for UX Overhaul With New Interoperable Address Standards

Developers working on Ethereum are about to finalize two complementary standards that could solve one of the network's persistent user experience problems: how to clearly point to addresses across different chains. "Users and apps need ways to unambiguously refer to an address on a specific chain," Wonderland, a multi-protocol team contributing to Ethereum and other decentralized networks, explained. Right now, "there's no standard way for wallets, apps, or protocols to interpret or display thi...

Developers working on Ethereum are about to finalize two complementary standards that could solve one of the network's persistent user experience problems: how to clearly point to addresses across different chains. "Users and apps need ways to unambiguously refer to an address on a specific chain," Wonderland, a multi-protocol team contributing to Ethereum and other decentralized networks, explained. Right now, "there's no standard way for wallets, apps, or protocols to interpret or display thi...

Sam Altman’s Eyeball-Scanning Crypto Project Hits the US 'At Last'

The promise of free crypto in exchange for your biometric data is now live in the U.S., courtesy of World, the eyeball-scanning project co-founded by OpenAI CEO Sam Altman. It announced Wednesday that it is officially rolling out its orbs in six major American cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. While it toured its orbs around the U.S. in earlier promotional efforts, it stopped short of offering full services stateside. The U.S. debut for World, formerly kn...

The promise of free crypto in exchange for your biometric data is now live in the U.S., courtesy of World, the eyeball-scanning project co-founded by OpenAI CEO Sam Altman. It announced Wednesday that it is officially rolling out its orbs in six major American cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. While it toured its orbs around the U.S. in earlier promotional efforts, it stopped short of offering full services stateside. The U.S. debut for World, formerly kn...

Crypto Industry Pushes SEC for Clarity on Staking Rules

A coalition of major crypto firms is calling on the U.S. Securities and Exchange Commission (SEC) to clearly state that crypto staking and associated services do not fall under securities regulations. In an open letter sent Wednesday to the SEC Crypto Task Force, the Crypto Council for Innovation and a project under its umbrella, the Proof of Stake Alliance (POSA), argued that staking is a technical mechanism used to secure blockchain networks, not an investment scheme. Crypto staking is the pro...

A coalition of major crypto firms is calling on the U.S. Securities and Exchange Commission (SEC) to clearly state that crypto staking and associated services do not fall under securities regulations. In an open letter sent Wednesday to the SEC Crypto Task Force, the Crypto Council for Innovation and a project under its umbrella, the Proof of Stake Alliance (POSA), argued that staking is a technical mechanism used to secure blockchain networks, not an investment scheme. Crypto staking is the pro...

North Carolina Digital Assets Bill Passes House, Moves to Senate for Debate

North Carolina's House of Representatives passed a bill that would authorize the state to invest in digital assets, part of a push among states to adopt crypto. The measure now moves to the Senate for further debate. Dubbed the "Digital Assets Investment Act," HB92 was introduced on February 10 and passed its third reading in the House on Wednesday. Primarily sponsored by Republican House Speaker Destin Hall, the bill will allow the State Treasurer to invest in qualified digital assets and consi...

North Carolina's House of Representatives passed a bill that would authorize the state to invest in digital assets, part of a push among states to adopt crypto. The measure now moves to the Senate for further debate. Dubbed the "Digital Assets Investment Act," HB92 was introduced on February 10 and passed its third reading in the House on Wednesday. Primarily sponsored by Republican House Speaker Destin Hall, the bill will allow the State Treasurer to invest in qualified digital assets and consi...

Metaplanet to Establish US Subsidiary, Seeks $250M to Boost Bitcoin Strategy

Metaplanet Inc. plans to establish a wholly owned subsidiary in Florida, aiming to raise $250 million to further fuel its Bitcoin treasury strategy. The Tokyo-listed investment firm, which crossed the 5,000 BTC threshold last week, will operate its new entity as Metaplanet Treasury Corp. to expand its access to U.S. institutional investors and bolster 24-hour operations across time zones. "The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovat...

Metaplanet Inc. plans to establish a wholly owned subsidiary in Florida, aiming to raise $250 million to further fuel its Bitcoin treasury strategy. The Tokyo-listed investment firm, which crossed the 5,000 BTC threshold last week, will operate its new entity as Metaplanet Treasury Corp. to expand its access to U.S. institutional investors and bolster 24-hour operations across time zones. "The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovat...

Pompliano Seeks $200M in SPAC IPO to Take Crypto Influence Public

Anthony Pompliano, a high-profile crypto investor and social media personality, is looking to take his influence public—literally. ProCap Acquisition Corp., a blank-check company led by Pompliano, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to raise $200 million in an initial public offering.  The company plans to trade on Nasdaq under the ticker “PCAPU,” with each $10 unit comprising a Class A ordinary share and one-third of a warrant. Bitcoin Rewards App Fold...

Anthony Pompliano, a high-profile crypto investor and social media personality, is looking to take his influence public—literally. ProCap Acquisition Corp., a blank-check company led by Pompliano, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to raise $200 million in an initial public offering.  The company plans to trade on Nasdaq under the ticker “PCAPU,” with each $10 unit comprising a Class A ordinary share and one-third of a warrant. Bitcoin Rewards App Fold...

Teen’s AI Health Startup Crushes It With $30 Million Forecast

At just 18 years old, Zach Yadegari is running a tech company projected to bring in $30 million this year—all while finishing his senior year of high school. The Long Island teen is the founder of Cal AI, a nutrition and fitness app that uses artificial intelligence to analyze photos of meals and instantly estimate their calories and nutrients. Alongside sleep, experts say the key to a longer, healthier life is regular exercise, avoiding smoking and excessive alcohol consumption, and maintaining...

At just 18 years old, Zach Yadegari is running a tech company projected to bring in $30 million this year—all while finishing his senior year of high school. The Long Island teen is the founder of Cal AI, a nutrition and fitness app that uses artificial intelligence to analyze photos of meals and instantly estimate their calories and nutrients. Alongside sleep, experts say the key to a longer, healthier life is regular exercise, avoiding smoking and excessive alcohol consumption, and maintaining...

Being Polite to ChatGPT is Pointless New Research Shows

A new study from George Washington University researchers has found that being polite to AI models like ChatGPT is not only a waste of computing resources, it’s also pointless. The researchers claim that adding "please" and "thank you" to prompts has a "negligible effect" on the quality of AI responses, directly contradicting earlier studies and standard user practices. The study was published on arXiv on Monday, arriving just days after OpenAI CEO Sam Altman mentioned that users typing "please"...

A new study from George Washington University researchers has found that being polite to AI models like ChatGPT is not only a waste of computing resources, it’s also pointless. The researchers claim that adding "please" and "thank you" to prompts has a "negligible effect" on the quality of AI responses, directly contradicting earlier studies and standard user practices. The study was published on arXiv on Monday, arriving just days after OpenAI CEO Sam Altman mentioned that users typing "please"...

Robinhood Rides Crypto Rebound to Beat Q1 Estimates

Robinhood's revenue jumped 50% in the first quarter, driven by surging crypto activity, as the trading app beat Wall Street estimates. The retail brokerage posted $927 million in revenue, topping forecasts of $920 million, while earnings climbed to 37 cents a share, also ahead of estimates. Meanwhile, the company’s net income surged 114% to $336 million over the past year.  Robinhood’s strong financial performance was partially driven by its crypto business, which generated $252 million in reven...

Robinhood's revenue jumped 50% in the first quarter, driven by surging crypto activity, as the trading app beat Wall Street estimates. The retail brokerage posted $927 million in revenue, topping forecasts of $920 million, while earnings climbed to 37 cents a share, also ahead of estimates. Meanwhile, the company’s net income surged 114% to $336 million over the past year.  Robinhood’s strong financial performance was partially driven by its crypto business, which generated $252 million in reven...

'AI Can Enable Bigger Visions': Natasha Lyonne to Direct and Star in AI-Powered Film

Natasha Lyonne is taking on Silicon Valley’s AI obsession in "Uncanny Valley," a new sci-fi film that blurs the line between human performance and artificial intelligence. The move comes two years after Lyonne joined over 1,000 members of the Writers Guild of America in signing a petition calling for more AI guardrails in the entertainment industry. Joining the "Poker Face" and "Slums of Beverly Hills" star, who will direct and star in the satirical dystopian film, are actress and director Brit...

Natasha Lyonne is taking on Silicon Valley’s AI obsession in "Uncanny Valley," a new sci-fi film that blurs the line between human performance and artificial intelligence. The move comes two years after Lyonne joined over 1,000 members of the Writers Guild of America in signing a petition calling for more AI guardrails in the entertainment industry. Joining the "Poker Face" and "Slums of Beverly Hills" star, who will direct and star in the satirical dystopian film, are actress and director Brit...

Publicly Traded Semler Scientific Buys Millions More in Bitcoin

Medical device company Semler Scientific purchased another 165 Bitcoin for $15.7 million between the dates of April 25-29, bolstering its Bitcoin treasury to 3,467 BTC.  The purchase marks the firm’s second major Bitcoin acquisition in the last week after it announced that it added 111 BTC for $10 million on April 25. As of Wednesday, Semler’s Bitcoin treasury is valued at more than $327 million. “We bleed orange,” Semler Scientific Chairman Eric Semler posted on X (formerly known as Twitter), j...

Medical device company Semler Scientific purchased another 165 Bitcoin for $15.7 million between the dates of April 25-29, bolstering its Bitcoin treasury to 3,467 BTC.  The purchase marks the firm’s second major Bitcoin acquisition in the last week after it announced that it added 111 BTC for $10 million on April 25. As of Wednesday, Semler’s Bitcoin treasury is valued at more than $327 million. “We bleed orange,” Semler Scientific Chairman Eric Semler posted on X (formerly known as Twitter), j...

Visa to Pilot Stablecoin-Linked Cards in Latin America

Visa will enable customers in six Latin American countries to execute transactions in stablecoins via a pilot program it is seeking to expand, the payments giant announced on Wednesday. Card holders in Argentina, Colombia, Ecuador, Mexico, Peru and Chile will be able to make everyday purchases from a stablecoin balance at any merchant location that accepts Visa with the new cards, the San Francisco-based multinational said in a press release. Visa will be looking to expand the service to Europe,...

Visa will enable customers in six Latin American countries to execute transactions in stablecoins via a pilot program it is seeking to expand, the payments giant announced on Wednesday. Card holders in Argentina, Colombia, Ecuador, Mexico, Peru and Chile will be able to make everyday purchases from a stablecoin balance at any merchant location that accepts Visa with the new cards, the San Francisco-based multinational said in a press release. Visa will be looking to expand the service to Europe,...

'Flappy Bird' Relaunches Without Crypto Elements After Divisive Telegram Return

Popular mobile game Flappy Bird launched in the Epic Games Store for Android this week, but the game’s latest reboot doesn’t contain any crypto elements—despite plans to launch a token tied to the now-shuttered Telegram version. The tap-to-flap game maintains its classic mode that asks users to navigate a pixelated bird through a continuous field of pipes, as well as introduces a quest mode in the “Web-2 only” release.  “The Flappy Bird app available on Epic Games Store will never have any Web3...

Popular mobile game Flappy Bird launched in the Epic Games Store for Android this week, but the game’s latest reboot doesn’t contain any crypto elements—despite plans to launch a token tied to the now-shuttered Telegram version. The tap-to-flap game maintains its classic mode that asks users to navigate a pixelated bird through a continuous field of pipes, as well as introduces a quest mode in the “Web-2 only” release.  “The Flappy Bird app available on Epic Games Store will never have any Web3...

Galaxy Digital Plans to Offer Shares on Nasdaq Global Select Market

Galaxy Digital Holdings plans to list on the Nasdaq Global Select Market next month, the firm said Wednesday in a statement, a byproduct of the pro crypto pivot of U.S. federal regulators and policymakers. The listing, which is subject to shareholder approval, will tentatively go live on May 16, according to Galaxy Digital's statement. The company's Class A common stock will trade under the ticker GLXY. In listing on the Global Select Market, Galaxy Digital aims to broaden its access to capital,...

Galaxy Digital Holdings plans to list on the Nasdaq Global Select Market next month, the firm said Wednesday in a statement, a byproduct of the pro crypto pivot of U.S. federal regulators and policymakers. The listing, which is subject to shareholder approval, will tentatively go live on May 16, according to Galaxy Digital's statement. The company's Class A common stock will trade under the ticker GLXY. In listing on the Global Select Market, Galaxy Digital aims to broaden its access to capital,...

Ubisoft, LayerZero Launch Network for Cross-Chain Gaming Assets

Gaming giant Ubisoft announced Wednesday the launch of its Decentralized Verification Network, or DVN, a blockchain-based system designed to secure digital asset transfers across multiple blockchain platforms. The maker of popular games like Assassin's Creed, Just Dance, and Far Cry collaborated with LayerZero to leverage its interoperability protocol, allowing gamers to move digital assets seamlessly across Ethereum, Solana, Polygon and more than 130 other blockchains. "With the launch of the D...

Gaming giant Ubisoft announced Wednesday the launch of its Decentralized Verification Network, or DVN, a blockchain-based system designed to secure digital asset transfers across multiple blockchain platforms. The maker of popular games like Assassin's Creed, Just Dance, and Far Cry collaborated with LayerZero to leverage its interoperability protocol, allowing gamers to move digital assets seamlessly across Ethereum, Solana, Polygon and more than 130 other blockchains. "With the launch of the D...