BitCoinFunda

Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the software. Microsoft said in a May 21 blog post that a federal court in Georgia allowed the firm’s digital crimes unit to take down, block or suspend nearly 2,300 websites critical…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States Senate made a significant move toward regulating the crypto asset industry this week by advancing the GENIUS Act, a bill aimed at establishing a comprehensive framework for stablecoins. The measure passed the cloture vote with bipartisan support, including a…

A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding $1 billion on the platform. The X account “James Wynn” claims to be behind the position, which is now up…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new deep-dive published by River, the San Francisco-based Bitcoin services company, argues that the United States has quietly become the planet’s unchallenged Bitcoin hegemon, controlling an estimated 40% of the entire circulating supply. In dollar terms, the report places the combined…

Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback. A Synthetix spokesperson told Cointelegraph on May 22 that its acquisition proposal, pitched to its community and to Derive’s, “did not resonate,” and both projects agreed to “step back from the proposed acquisition.” Synthetix said…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin (DOGE)the world’s largest meme coin, is completing a significant technical break on the daily timeframe, sparking renewed optimism amongst analysts. Following weeks of consolidation and price declinesDogecoin has finally broken out of a long-standing downtrend, opening the door for a potential…

Bitcoin has topped $110,000 for the first time in a recent rally that has seen it gain 3% over the past day to break through past price highs from earlier this year. Bitcoin (BTC) hit a new all-time high of $110,788.98 on Coinbase late on May 21, just before 11:30 pm UTC, according to TradingView….

Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public launch, pricing its 22 million shares on offer at…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Popular dog-themed meme coin, Dogecoinmay have witnessed a bearish performance in the last few days, but this waning price action could benefit its price dynamics. Technical developments show that the current pullback is a signal of an impending major rally in DOGE’s…