Category: crypto

Circle, the USDC stablecoin issuer, has filed for an IPO on the NYSE under the ticker “CRCL.” They plan to offer 24 million shares, with an expected price range of $24 to $26 per share, potentially raising $624 million. Major financial institutions are backing the IPO, signaling Circle’s growing ambitions in traditional finance.

Three years ago, GPT-3 incorrectly stated that the all-time high of Bitcoin was around $20,000. In 2025, GPT-4o corrected this misinformation, acknowledging that Bitcoin peaked at $68,990 in November 2021. The evolution of AI models has led to improvements in fact-checking, knowledge retention, and real-time data analysis in the blockchain and AI sectors. The shift…

Google researcher Craig Gidney has suggested that quantum computers may be able to break Bitcoin’s encryption sooner than expected, with hardware requirements dropping significantly. Major financial institutions are updating disclosures to address the potential threat of quantum computing to Bitcoin’s cryptographic algorithms. Experts believe the crypto sector has time to adapt to the risks.

BitGo has started the second phase of FTX’s repayment process, with funds being credited to user accounts but remaining locked until May 30. The repayment plan involves disbursement of over $5 billion to approved creditors, facilitated by BitGo and Kraken. However, some creditors are unhappy with the process due to pegged repayment amounts and phishing…

Strategy, formerly known as MicroStrategy, is unlikely to disclose its substantial Bitcoin holdings through on-chain proof-of-reserves (PoR) due to security concerns. Company chairman Michael Saylor believes sharing wallet data creates risks for hackers and malicious actors. The crypto community criticizes this stance, arguing that PoR does not compromise asset security. Other companies, like Binance and…

Rumble (NASDAQ:RUM) announced a collaboration with TRON DAO to promote decentralization of the internet through blockchain technology and dApps. Rumble Cloud offers essential cloud services to empower organizations to become independent from traditional cloud providers. TRON is the leading network for Tether (USDT) and the collaboration aims to maintain decentralization.

Tether, issuer of the largest stablecoin USDT, has reinvested $5 billion of its profits into US companies and infrastructure over the past two years. The investments include decentralized media, neuroscience, and Bitcoin mining. Tether also holds over $120 billion in US Treasuries to maintain USDT’s dollar peg.

Succinct has achieved real-time zero-knowledge proving for Ethereum blocks in under 12 seconds using their SP1 “Hypercube” zkVM. The milestone represents a significant advancement in the zero-knowledge space, with optimizations in multilinear polynomials and CUDA kernels. However, Ethereum co-founder Vitalik Buterin outlined remaining limitations, including the need for formal verification and energy efficiency improvements. Discussions…

Trump Media and Technology Group (TMTG) is raising $3 billion to purchase Bitcoin and other cryptocurrencies. The company plans to sell $2 billion in new equity and $1 billion in convertible bonds. TMTG aims to become the seventh-largest Bitcoin holder and launch crypto exchange-traded funds under the “Truth.fi” brand.

Bitcoin is in a consolidation phase after hitting a record high of $111,880. Threats from profit-taking movements persist, with two seller groups driving the flow. A cooling movement was needed after a risk-off move triggered by Trump’s tariff threat. The report expects Bitcoin to trade between $106,000 and $111,000 until fresh demand absorbs overhead supply…