Thursday, May 8, 2025

Crypto

Gemini urges CFTC to withdraw proposed rule on event contracts

Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match. Source link

Turkey sees surge in crypto license applications amid new regulations

Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation. Source link

Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash

The transfer involving the NomadBridge exploiter and Tornado Cash highlight the ongoing battle between privacy and regulation in the cryptocurrency industry. Source link

DeFi protocol Nexera hacked for $1.5 million via smart contract exploit

Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token. Source link

Bitcoin speculators realize $850M losses in sub-$50K BTC price dump

Bitcoin short-term holders sell BTC at a loss to an extent rarely seen in history — but "diamond hands" contribute just $600,000. Source link

Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop

The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after. Source link

Bitcoin dips below $50K: Crypto market crashes 17%

BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, plunging to a market cap of $1.76 trillion. Source link

Crypto hackers buy Ethereum dip using stolen funds

Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount. Source link

Was Warren Buffett right? 5 Things to know in Bitcoin this week

Bitcoin sees a giant $20,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide. Source link

How low can the Bitcoin price go?

The Bitcoin price saw a 19% drawdown in August, marking its largest drop for 2024 and its steepest monthly decline since June 2022. Source link
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