Minimalist News

Simply the latest news, updated on the hour.

AI Summary

  • BlackRock's iShares Bitcoin Trust (IBIT) ETF made a significant investment of $970 million in Bitcoin, coinciding with a surge in institutional inflows that provide structural support for Bitcoin's price, which approached a potential all-time high near $115,000.
  • A major decentralized finance (DeFi) protocol, Loopscale, successfully negotiated the return of nearly $2.8 million worth of stolen funds after being hacked over the weekend, marking progress in the ongoing battle against cryptocurrency fraud.
  • Former Celsius Network CEO Alex Mashinsky faces a potential 20-year prison sentence as the US Department of Justice seeks harsh penalties for his role in a multibillion-dollar fraud that devastated users' assets.
  • The Ethereum Foundation has restructured its leadership to separate management and Board of Directors roles, aiming to adapt to the evolving blockchain landscape while ensuring security and vision clarity.
  • Mastercard has partnered with stablecoin issuers to enable merchants to accept payments in stablecoins, signaling a move towards greater adoption of cryptocurrencies in mainstream payment solutions and financial services.

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Cointelegraph

  1. BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market cointelegraph.com 34 minutes ago by Cointelegraph by Zoltan Vardai

    BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows …

  2. Bitcoin targets $115K as BTC supply metric nears 'historic euphoria' zone cointelegraph.com 39 minutes ago by Cointelegraph by Yashu Gola

    Key takeaways: * Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area. * Onchain data shows strong accum…

  3. Loopscale recovers $2.8M after weekend DeFi hack and bounty talks cointelegraph.com an hour ago by Cointelegraph by Amin Haqshanas

    DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with …

  4. US DOJ requests 20-year sentence for Celsius founder Alex Mashinsky cointelegraph.com an hour ago by Cointelegraph by Helen Partz

    Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the …

  5. Bitcoin in 'critical zone' as triple breakout meets $93.5K support battle cointelegraph.com 2 hours ago by Cointelegraph by William Suberg

    Key points: * Bitcoin has beaten out three key resistance levels in a single weekly candle. * The weekly close defended the 2025 yearly op…

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CoinDesk

  1. DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky coindesk.com 3 hours ago by Sam Reynolds
    Policy, Celsius, Alex Mashinsky, US, Crime, Court Cases, News

    Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades beh…

  2. Bitcoin, XRP, ETH Steady as BTC ETFs Attract $590M Inflows coindesk.com 3 hours ago by Shaurya Malwa
    Markets, News

    Bitcoin and broader crypto markets were little changed in the past 24 hours with exchange-traded funds (ETFs) tracking the asset attracting ov…

  3. Bitcoin-Friendly Poilievre Loses Seat as Carney's Liberals Win 2025 Election coindesk.com 6 hours ago by Sam Reynolds
    Policy, Canada, Pierre Poilievre, News

    Bitcoin-friendly Conservative Leader Pierre Poilievre will no longer be a Member of Parliament after losing his seat in an election which saw …

  4. Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions coindesk.com 14 hours ago by Tom Carreras
    Markets, Bitcoin, Macro, Gold, News

    Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late …

  5. Kraken’s Former Legal Chief Marco Santori Joins Pantera Capital coindesk.com 17 hours ago by Ian Allison
    Finance, News

    Marco Santori, the former chief legal officer at Kraken, has joined Pantera Capital as a general partner on the investment team. Santori, who…

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Decrypt

  1. 'Use It or Lose It': Australian Watchdog Cracks Down on Dormant Crypto Exchanges decrypt.co 17 minutes ago by Vismaya V
    Business

    AUSTRAC has urged inactive crypto businesses to deregister or risk cancellation as it seeks to protect consumers and block criminal misuse.

  2. South Korea's Ruling Party Vows to Approve Spot Crypto ETFs, Scrap Key Banking Rule decrypt.co 4 hours ago by Vismaya V
    Law and Order

    South Korea’s People Power Party has pledged crypto reforms, including ETF approval and banking rule repeal, ahead of the June election.

  3. OpenAI Rolls Out Upgrades for ChatGPT Search, Online Shopping decrypt.co 5 hours ago by Vismaya V
    Technology

    OpenAI has added shopping, trending search suggestions, and citation improvements to ChatGPT, bumping against Google’s ad-driven business.

  4. Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills decrypt.co 7 hours ago by Vince Dioquino
    Law and Order

    If approved by the governor, Arizona could become the first state to solidify the regulation of crypto and digital assets on the frontier.

  5. Amazon Starts Deploying Satellites in Bid to Challenge Elon Musk's Starlink decrypt.co 7 hours ago by Jason Nelson
    Technology

    ULA has launched Amazon’s first Kuiper satellites, stepping up competition with SpaceX's Starlink network.

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AMBCrypto

  1. Ethereum Foundation revamps leadership with 'twin goals' - More inside ambcrypto.com 15 minutes ago by Benjamin Njiri
    News 1, Social, Trading View, Altcoin, Ethereum, News

    The Ethereum Foundation unveiled a new management structure and vision.  ETH's market reaction to the update was modestly positive.  On the 28…

  2. Trump’s WLFI bags $1B, but skeptics ask - Where’s the utility? ambcrypto.com an hour ago by Samyukhtha L KM
    News 1, Social, Trading View, Altcoin, News

    Trump-backed WLFI stirs buzz with $1B raised, big-name allies, and global DeFi ambitions. Despite hype, token remains non-tradable — questions…

  3. Mapping Dogecoin's road to $0.20 - Here's how bulls can regain control! ambcrypto.com 3 hours ago by Erastus Chami
    News 1, Social, Trading View, News, Memecoins, Dogecoin

    Dogecoin maintained its bullish structure as scarcity rose and derivatives sentiment strengthened itself Network activity has been low, but mo…

  4. Trump-backed World Liberty Financial partners with CZ, Pakistan to drive crypto adoption ambcrypto.com 3 hours ago by Benjamin Njiri
    News 1, Social, Trading View, Altcoin, News

    WLFI has partnered with Pakistan to enhance ‘blockchain innovation’ Agreement happened after CZ's recent appointment as a strategic crypto adv…

  5. Monero [XMR] rallies 50% after hacker induces $330M inflows - Good time to buy? ambcrypto.com 4 hours ago by Olayiwola Dolapo
    News 1, Social, Trading View, Altcoin, News, Monero

    XMR's latest 24-hour spike was driven by a hacker who brought massive liquidity inflows on-chain Market sentiment seemed to oppose a long-term…

More in AMBCrypto …
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