Crypto
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Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
The hostile offer comes after a private offer to the board was rejected in April. Source link
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Bullish Bitcoin options dominate May’s $6.5 billion expiry
Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking. Source link
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Bitcoin investment inflows hit $1B as long-term holders accumulate
Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs. Source link
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$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst
Miners’ profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block. Source link
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Huobi co-founder’s firm recovers 108% of deposits from FTX collapse
The creditors’ claims were sold for cash to Delaware-based Ceratosaurus Investors LLC. Source link
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Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy
LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members. Source link
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LVMH is augmenting humans with AI, not replacing them
The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees. Source link
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ChatGPT-coded memecoin reaches $638M market cap
The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million. Source link
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BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities. Source link
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HTX crypto exchange overtakes Coinbase in trading volumes
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes. Source link
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