Decentralized exchange Bancor is seeking damages for Uniswap’s alleged infringement of its patented technology. Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it. According to the May 20 announcement of the lawsuit,...Continue Reading

Ethereum could rally above $3,600 if this unique ETH price indicator holds its current trend. Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Read moreContinue Reading

One Bitcoin trader says “price discovery” will be “inches away” if BTC bulls manage to liquidate $3 billion in short positions. Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable...Continue Reading

The task force, headed by Commissioner Hester Peirce, was launched the day after US President Donald Trump took office in January. US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency...Continue Reading

The Argentine president has faced a major backlash after promoting a token with all the characteristics of a classic crypto pump-and-dump. Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to...Continue Reading

Although DeFi accounts for over half of onchain activity, the data remains cumbersome and difficult to understand for ordinary users, according to Validation Cloud. Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible...Continue Reading

NBA star Tristan Thompson says taking his $82M contract in 2015 in Bitcoin would have been “the best gamble in American sports history.” NBA player and reality television personality Tristan Thompson signed an $82 million NBA contract in 2015 a dream deal at the time. But now that hes become a Bitcoiner, he dreams of...Continue Reading

Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm. Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II). According to a May 20 announcement, Kraken’s...Continue Reading

Robinhood has filed a proposal with the US SEC to establish a national framework for real-world asset tokenization, including plans for a new trading platform. Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs). The brokerage is seeking to modernize...Continue Reading

“AI agents will soon conduct most economic transactions,” said Catena Labs CEO Sean Neville, as the company secured $18 million to build a regulated AI-native financial institution. Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence.  On May 20, Catena...Continue Reading