The Ethereum Foundation has laid off some R&D staff and rebranded its core development unit as “Protocol” to focus more sharply on scaling and user experience.
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Category: Cryptocurrencies
Circle Hikes IPO to $896M as BlackRock Demand Soars, Valuation Could Top $6B
Circle has boosted its IPO, offering 32 million shares at $27–28, which could raise $896 million and value the firm above $6 billion. Orders have topped supply, with BlackRock eyeing 10 % and Ark Invest up to $150 million as the company expands abroad.
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CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May
CertiK has detailed a $302m toll from scams, hacks and exploits in May 2025, a 16.94% month-on-month drop. However, code vulnerabilities have drained $229.6m alone—a 4,483% leap—while DeFi platforms have seen $241m stolen despite a sharp fall in phishing.
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Taiwan-Based Exchange BitoPro Suffers $11.5 Million Hack, User Funds Unaffected
BitoPro has suffered a $11.5M drain across Ethereum, Tron and Solana after hackers accessed an exposed wallet during a May 8 upgrade. The exchange has said its reserves are adequate but waited three weeks to confirm the breach, reviving concerns over disclosure standards among centralized venues.
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Bitcoin Price Prediction: $104K in Play, $109K Target Looms Amid Global Shakeups
Bitcoin holds at $104K amid Pakistan’s reserve rumors, Czech scandal, and South Korea’s crypto push. Breakout to $109K or reversal? Let’s dive in.
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Public Pressure Mounts: Most Voters Want Stricter Crypto Laws, New Poll Finds
Cedar Innovation Foundation Poll has shown broad bipartisan appetite for updated digital-asset rules: 58 % of voters want Congress to craft crypto-specific laws, including solid majorities of Democrats, independents, Republicans and 55 % of voters of color as the Senate weighs the GENIUS Act.
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South Korean NGO Becomes First Entity to Sell Crypto After Phased Ban Lift
World Vision Korea NGO has made the sale of 0.55 Ethereum (ETH), carried out by Korea’s largest cryptocurrency exchange, Upbit.
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Wintermute’s “CrimeEnjoyor” to Warn Ethereum Users of Wallet-Draining Attacks
Crypto market maker Wintermute has developed a tool that injects on-chain warnings into malicious wallet-draining contracts to alert users.
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Meta Shareholders Reject Proposal to Add Bitcoin to Balance Sheet
Meta shareholders have overwhelmingly voted down a proposal to explore adding Bitcoin to the company’s balance sheet.
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IG Group to Let UK Retail Investors Trade BTC, ETH, XRP Directly
IG Group will become the first company on the London Stock Exchange to allow retail investors to buy and sell cryptocurrencies, including BTC, ETH, and XRP.
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