Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that […]
Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase
Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […]
Bitcoin’s surge above $100k still aligns with global M2 money supply increase from 90 days ago
Bitcoin crossed the $100,000 mark this week, climbing to a peak of $104,000 on May 8, as a chart tracking the global M2 money supply, lagged by 90 days, resurfaced on social media. The correlation between Bitcoin’s breakout and a revived upswing in the M2 liquidity curve gained renewed traction across trading forums and analyst […]
German authorities shut down eXch amid $1.9 billion money laundering allegations, seizes $38 million in crypto
German law enforcement has shut down the crypto exchange eXch and seized digital assets valued at over $38 million, according to a May 9 statement. In a joint operation, the Frankfurt Main Public Prosecutor’s Office and the Federal Criminal Police Office (BKA) confirmed that the seizure occurred on April 30, 2025. The move followed a […]
Ethereum gains 30% on Bitcoin in 2 days after 80% drop since 2022
Available exclusively via Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office Andjela Radmilac · 3 days ago CryptoSlate’s latest market report dives deep into Trump’s first 100-day sprint that recast the SEC, scrapped key crypto rules, and fueled fresh inflation worries.
Ripple CEO warns of US falling behind without stablecoin regulation
Ripple CEO Brad Garlinghouse has called on US lawmakers to accelerate efforts to establish a clear regulatory framework for stablecoins. In a May 9 statement shared on social media platform X (formerly Twitter), he emphasized the growing global adoption of stablecoins and warned that the US risks losing its competitive edge without urgent action. Garlinghouse […]
XRP payments coming to 6,000 US pharmacies in new $50M healthcare deal
Pharmaceutical supply chain and technology firm Wellgistics Health has announced it will integrate XRP as a treasury asset and payments infrastructure across its pharmacy network. The $50 million capital facility, structured as an equity line, was arranged through LDA Capital, a private alternative investment group with prior involvement in crypto-backed funding strategies. The agreement allows Wellgistics to draw […]
Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling
Bitcoin exchange inflows over the past month have been driven almost entirely by freshly moved supply, with minimal involvement from long-dormant holders. Nearly three-quarters of all daily deposits across major exchanges consisted of coins that had last moved less than 24 hours earlier, pointing to high-frequency repositioning activity rather than strategic distribution. This type of […]
Meta exploring stablecoins for cross-border payouts in renewed crypto push
Meta is exploring stablecoin-based payment infrastructure in a renewed effort to integrate blockchain technology into its platforms, Fortune reported on May 8, citing people familiar with the matter. According to the report, the tech giant is in preliminary discussions with multiple crypto firms to evaluate stablecoins as a mechanism for managing cross-border payouts. The discussions […]
Reporters find Zerebro founder alive and breathing at parent’s house, confirming suicide was staged
Zerebro founder Jeffy Yu was found alive and living at his parents’ house in San Francisco, confirming growing suspicions that the death was staged. Yu, whose livestreamed “suicide” set off a viral cascade of eulogies, a commemorative memecoin launch, and even a digital obituary, was confronted by reporters from the San Francisco Standard on May […]