Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside. Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling...Continue Reading

LLMs that affirm delusions likened to “schizophrenia-seeking missiles,” Billionaire claims AI leaders prepping for chance AI kills 50% of us. In the last edition of AI Eye, we reported that ChatGPT had become noticeably more sycophantic recently, and people were having fun giving it terrible business ideas shoes with zippers, soggy cereal cafe   which...Continue Reading

Deribit is the world’s leading Bitcoin and Ethereum options trading platform, with more than $1.2 trillion in annual trading volume. Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the...Continue Reading

Blockchain project Space and Time, backed by Microsoft, has launched its permissionless mainnet for ZK-proven data infrastructure. Space and Time, a blockchain project supported by Microsoft, has launched its public, permissionless mainnet to bring zero-knowledge (ZK)-proven data infrastructure to crypto applications. Built by MakeInfinite Labs, Space and Time offers a decentralized, verifiable database for smart...Continue Reading

Doodles NFT sales volume nearly doubles in 24 hours, climbing to over $1.1 million as traders anticipate the project’s token airdrop and memecoin launch. Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop.  On May 8, data from CryptoSlam...Continue Reading

VanEck’s $NODE ETF tracks firms that have adopted blockchain tech, not crypto prices. It exposes you to companies driving blockchain adoption. VanEck’s Onchain Economy ETF ($NODE) exposes investors to companies driving blockchain adoption across multiple industries. The fund is scheduled to begin trading on May 14, 2025, following its inception on May 13, 2025. As...Continue Reading

Bitcoin is preparing a potentially significant price move as investment volumes continue to track a bull trend in place since late 2023, research said. Key points: Bitcoin’s realized cap is beating records and has almost reached the $900 billion mark. The market is laying the foundations for a “potentially significant price breakout,” new analysis says....Continue Reading

Ambire and Trust Wallet are among the first wallets to support Ethereum’s Pectra upgrade (EIP-7702), enabling existing accounts to leverage account abstraction features. The Ethereum Pectra upgrade introduced a significant upgrade in account abstraction accessibility, with multiple wallets already implementing the change. Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder...Continue Reading

The malware, LOSTKEYS, can steal files from hard-coded extensions and directories, according to Google. Threat group COLDRIVER is using new malware to steal documents from Western targets, according to a May 7 report from Google Threat Intelligence. The malware, called LOSTKEYS, shows the evolution of the group from credential phishing to more sophisticated attacks. According...Continue Reading

“Don’t do crime CRIME IS BAD xoxo from Prague,” the hackers wrote as they gave the LockBit ransomware gang a taste of their own medicine. Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel.  The leak included a MySQL database dump shared publicly online....Continue Reading