TeraWulf Q1 loss widens amid rising costs, falling revenue

Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year. Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company’s earnings report, published May 9. Cost of revenue rose … Read more

Stakestone and Trump’s World Liberty Financial Launch Cross-Chain Integration

Stakestone announced Friday its integration with World Liberty Financial (WLFI) is now live, enabling cross-chain asset transfers, yield generation, and capital access without lock-in periods. USD1 Stablecoin Anchors Stakestone’s Multichain Ecosystem Stakestone is an Omnichain liquidity protocol that lets users stake ethereum (ETH) or bitcoin (BTC) for liquid tokens like STONE and SBTC. These tokens … Read more

Ethereum’s new staking limit is not a risk to decentralization, says Consensys researcher

Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards … Read more

Vice President Vance to Keynote Bitcoin 2025 Conference in Las Vegas

U.S. Vice President J.D. Vance will deliver a keynote address at Bitcoin 2025 in Las Vegas on May 28, organizers announced Friday. Las Vegas Bitcoin Summit Draws VP Vance for ‘Code + Country’ Speech The three-day conference, hosted by BTC Inc. at The Venetian Las Vegas, is expected to draw more than 30,000 attendees. J.D. … Read more

US senators ask DOJ, Treasury to consider Binance-Trump ties — Report

A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. According to a May 9 Bloomberg report, Democratic senators asked Attorney General … Read more

Bitcoin price rallies as global liquidity growth accelerates — Analysts

Key takeaways: Bitcoin’s price closely tracks global liquidity growth, with liquidity explaining up to 90% of its price movements, according to Raoul Pal. In the long term, global liquidity continues to expand, driven by the increasing debt levels in many countries. On a shorter timeframe, global liquidity follows a cyclical pattern, with Michael Howell projecting … Read more

German Authorities Shut Down Exch Crypto Service, Seize €34M in Laundered Funds

German authorities seized €34 million in cryptocurrency and shut down the crypto swapping service Exch linked to money laundering, including funds stolen in the 2025 Bybit hack. Crypto Swapping Service Exch Closed; €34M Seized in Third-Largest BKA Crypto Bust The Public Prosecutor General’s Office in Frankfurt and Germany’s Federal Criminal Police Office (BKA) confiscated Exch’s … Read more

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week. Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market dominance also surged above 60%, reflecting more bullish … Read more

Bitcoin Fever Grips Web Users as Google Trends Data Shows Interest Climbing

Bitcoin’s price has continued its upward trend, and Google Trends data reveals intensifying interest in the leading crypto asset by market cap. Google Trends Figures Show Bitcoin Buzz Amid Price Rally Google data indicates that searches for “bitcoin” are on the rise. At its core, Google Trends quantifies a topic’s popularity — such as “bitcoin” … Read more