Unveiled during Coinbase’s State of Crypto Summit, Armstrong shared key pillars of the company’s 2025 product strategy in a detailed thread on X (formerly Twitter), positioning Coinbase as not just an exchange but the infrastructure layer for the next era of finance.
The launch of EigenCloud signals a critical evolution: from restaking as a DeFi-native yield strategy to verifiability-as-a-service—a new paradigm where data availability, compute, and dispute resolution are modular, programmable primitives accessible via a single platform.
The accused, identified as Rahul Arora, was apprehended during coordinated raids across three locations in India. In addition to the crypto seizure, authorities recovered approximately $26,400 (₹22 lakh) in unaccounted cash, as well as advanced caller ID spoofing tools, lead generation software, and voice recordings used in social engineering scams.
Over 60% of the world’s AI compute is concentrated in the hands of a few companies, giving rise to concerns about censorship, innovation bottlenecks, and exclusionary access. Gata proposes a solution: an open infrastructure where compute, data, and value flow back to users, not monopolies.
The PWC report arrives as a counterpunch to an increasingly loud narrative driven by AI doomers. This week, tabloids including The Sun amplified claims from Oklahoma State University professor Subhash Kak, who predicted that AI will cause a global population collapse, shrinking the planet’s population from 8 billion to 100 million by the year 2300.
The Australian Federal Police (AFP) said they had frozen $13.6 million worth of suspected criminal assets across Queensland and New South Wales. The operation allegedly exploited an armored vehicle unit to launder illicit cash under the guise of legitimate business activity.
The root of the issue wasn’t just the volatility of crypto, it was also tax timing. Mann received the ETH in January 2022, just before the broader crypto market began to plummet amid the Terra ecosystem collapse.
The Department of Justice (DOJ) did not disclose the exact value or type of cryptocurrencies seized but confirmed that the funds were used to collect illicit proceeds from transactions on the BidenCash platform.
At one level, CoinDCX is doubling down on its “Made in India” compliance narrative just as a rival quietly exits Indian jurisdiction. At another level, it’s a company restructuring leadership while increasingly focusing on markets where crypto regulation is actually functional.
In a strategic move to expand non-speculative reward strategies within decentralized finance (DeFi), STON.fi has announced the integration of Ethena…
Other participants in the round include Symbolic Capital, SALT Fund, and Flowdesk. Although the round closed in mid-2024, Avantis waited until now to announce it publicly to match its platform’s recent growth milestones, according to Harsehaj Singh, CEO of Lumena Labs, the team behind Avantis.
The resolution, introduced by Bitcoin advocate Ethan Peck on behalf of the conservative think tank National Center for Public Policy Research (NCPPR), argued that Meta should allocate a portion of its $72 billion in cash and cash equivalents to Bitcoin.
India tops global crypto adoption, but everyday use remains elusive. In an exclusive interview, Mudrex cofounder Alankar Saxena unpacks how Indians are moving from quick trades to five-year holds, why education and clear rules matter, and where remittances and DeFi could make crypto mainstream.
Michael Saylor, long hailed for his Bitcoin evangelism, framed BTC not only as an asset but as incorruptible, programmable digital property engineered to outperform traditional instruments.
The Solana ecosystem is getting its own Kaito-style attention tracker — the Solana mindshare leaderboard. Wallchain is set to debut…
Two Gen Z college dropouts just pulled off one of fintech’s boldest pivots — and it’s paying off in millions.…
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
Priced at $1.35 per share, the PIPE represents a 121 percent premium over Asset Entities’ (ASST) previous closing price. The deal structure includes no debt, allowing Strive to preserve future borrowing capacity and maximize equity-driven returns.
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
“As projects evolve and mature, it is natural for visions to evolve, and sometimes diverge. With this in mind, I can no longer contribute to Polygon to the best of my abilities,” he wrote. “That said, I remain confident that Polygon leadership is committed to the success of the project. I’ll always be cheering from the sidelines, and supporting however and whenever I can.”
The attack, which began in the early hours of Wednesday, caused SUI’s token price to drop by over 15%, currently trading near $3.90. The exploit has raised fresh alarms over the persistent vulnerabilities facing Web3 platforms, even those built on next-gen blockchains like Sui.
The event, scheduled for Thursday, has drawn political criticism from watchdog organizations and members of Congress, including Senators Elizabeth Warren and Adam Schiff, who previously demanded a formal investigation into the nature of the gathering and its implications for U.S. national security.
Bitcoin’s latest rally has elevated it above Amazon, whose market cap currently stands at $2.15 trillion. Only gold ($22T), Microsoft, NVIDIA, and Apple (ranging between $3.1T–$3.4T) now sit above it in the global asset rankings.
In a post shared on X (formerly Twitter) on Monday, CZ laid out three key questions that investors should ask themselves to better navigate the volatility and uncertainty often associated with digital assets.
