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Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue … Read more
Smart contract platform Rootstock, the home of decentralized finance (DeFi) on Bitcoin, saw a sharp increase in network security and mining engagement in the first quarter of 2025, even as activity cooled. Merged mining participation surged to an all-time high of 81%, up from 56.4% in Q4 2024, driven by the integration of major mining … Read more
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Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance and simplifying asset management across blockchains. The AI agent, named Mia (short for Movement in Action), is powered by Near.AI — an … Read more
Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery. Technicals show ETH price faces major resistance at $2,100-$2,800. Ether is setting up for a recovery toward the $3,000 … Read more
What is VanEck’s Onchain Economy ETF ($NODE) VanEck’s Onchain Economy ETF ($NODE) exposes investors to companies driving blockchain adoption across multiple industries. The fund is scheduled to begin trading on May 14, 2025, following its inception on May 13, 2025. As the global economy shifts to a digital core, NODE offers active equity investment in … Read more
Space and Time, a blockchain project supported by Microsoft, has launched its public, permissionless mainnet to bring zero-knowledge (ZK)-proven data infrastructure to crypto applications. Built by MakeInfinite Labs, Space and Time offers a decentralized, verifiable database for smart contracts to query historical, crosschain and offchain data, according to a news release shared with Cointelegraph. The … Read more
As of 7 May 2025, India opened “Operation Sindoor,” a series of precision air‑strikes on nine sites inside Pakistan‑administered territory, while Pakistan says it has shot down five Indian fighter jets in the largest air engagement between the rivals since 2019. While the India-Pakistan conflict escalates, casting a shadow of fear and uncertainty, families face an unthinkable reality: fleeing … Read more
A recent statement from the Bitcoin Core team revealed that the controversial change to lift the current guardrails on OP_RETURN restrictions will be implemented in the next version. The statement explains that the decision was made because it aligns with the current bitcoin ethos. Bitcoin Core Decides to Lift OP_RETURN Guardrails Even After Controversy The … Read more
Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop. On May 8, data from CryptoSlam showed Doodles NFT sales topping $1.1 million, nearly doubling the previous day’s total. The spike placed Doodles in the third spot for daily NFT … Read more
