Category: crypto

Indonesia’s Ministry of Communication and Digital has suspended Worldcoin and its digital identity platform, World ID, due to registration issues and possible violations of local electronic system rules. The ministry found inconsistencies in the project’s operations and one affiliate failed to register as an Electronic System Organizer. This move aims to protect the public from…

Nine Democratic Senators are withdrawing support for the GENIUS Act, a stablecoin bill, citing concerns about regulations, anti-money laundering, national security, and accountability. Other critics include Senator Elizabeth Warren and community banking organizations. Republicans have made changes to the bill in hopes of bipartisan support, but Democrats’ opposition may delay its passage.

Bitcoin fell sharply over the weekend from multi-month highs, dropping below $95,000 on Monday due to broader macro pressures and a strong U.S. jobs report. Rising Treasury yields and concerns about delayed interest rate cuts by the Federal Reserve led to a defensive shift in markets, impacting Bitcoin and other assets.

Shardeum is transforming blockchain technology with its innovative autoscaling EVM-based structure and minimal node requirements. The cover art/illustration featured on CryptoSlate includes a combination of content, potentially including AI-generated elements.

TRON’s X account was hacked in a social engineering attack on May 2, 2025. The hacker targeted a team member and posted a suspicious contract address, sent unsolicited DMs, and followed unknown accounts. TRON warned users and is working with law enforcement. Social engineering is a growing threat in the crypto sector.

AI agents in the DeFi space are becoming increasingly popular, but their reliance on transparent blockchains poses a significant weakness. The transparency of these systems allows competitors to easily replicate strategies, leading to market manipulation and other risks. Implementing a “private brain” using Trusted Execution Environments can address these issues and ensure the integrity of…

Ethereum co-founder Vitalik Buterin advocates for simplifying the blockchain to improve resilience and scalability. He believes that Ethereum should be as simple as Bitcoin to reduce costs and security risks. Buterin proposes upgrades like the Beam Chain and RISC-V implementation to achieve simplicity and efficiency in Ethereum’s consensus and execution layers.

Solana’s growth did not come at the expense of Ethereum; it actually expanded the total crypto user base by serving as a gateway for new entrants into web3. Memecoins introduced millions of people to crypto, and now the challenge is retaining these users by making the web3 ecosystem seamless and intuitive across different chains. Crosschain…

Adam Gągol, Co-founder of Aleph Zero, emphasizes the importance of making privacy in crypto simple and user-centered to attract more users. Current privacy solutions are complex and require technical knowledge, leading users to default to centralized exchanges. The industry must simplify privacy to ensure mass adoption and retain retail appeal.

Since the implementation of MiCA regulations in Europe, the crypto landscape has shifted towards regulatory compliance and user safety. Altcoins are expected to see significant growth, with regulated exchanges playing a crucial role in the market’s development. Adherence to regulations is now an industry standard that paves the way for responsible altcoin growth.