Day: May 26, 2025

10 Red Flags of a Fake Crypto Airdrop (And How to Avoid Them)

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Key takeaways In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages. Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft. Warning signs include no official announcement, suspicious URLs, requests for private keys, grammar errors and unrealistic reward promises. Future airdrops are shifting toward activity-based, retroactive and AI-monitored models that reward genuine user engagement…

Bitcoin all-time high rally catalyzed by Japanese bond market turbulence

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Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market in a development that may signal BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including U.S. President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors…

SBF may receive over four-year sentence reduction: Bureau of Prisons

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Key Takeaways Sam Bankman-Fried’s prison sentence is reduced by over four years due to good behavior and program participation. Caroline Ellison received a sentence reduction of about six months, with release expected in May 2026. Share this article Sam Bankman-Fried may not serve his full 25-year sentence for crypto fraud. According to Business Insider, the Bureau of Prisons (BOP) estimates that his release could come in under 21 years due to credits for good conduct, time already served, and participation in prison rehabilitation programs. According to the BOP, the federal…

How to Read Bitcoin Candlestick Charts (No Experience Needed)

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Key takeaways Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends. Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s. They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading. They should not be your only tool for making informed…

Pakistan appoints special assistant to PM on crypto

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Pakistan Prime Minister Shehbaz Sharif appointed Pakistan Crypto Council CEO Bilal Bin Saqib as his special assistant on blockchain and crypto. Saqib’s appointment takes effect immediately under Rule 4(6) of the Rules of Business, 1973. He has been granted the status of minister of state and will serve without salary or official benefits, according to a May 26 report in the English-language local news outlet, Pakistan Observer. The move follows a series of government initiatives aimed at strengthening Pakistan’s presence in the digital asset space. Just one day prior, Pakistan…

Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price

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Key takeaways: Solana’s $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April.  A bullish V-shaped recovery pattern projects SOL price to rise toward $300. Solana’s native token, SOL, surged 86% between April 7 and May 26, following a broader altcoin market rally that also saw Bitcoin hit new all-time highs above $111,000. Since then, SOL has struggled to break above $180, but onchain and technical data still suggest further gains are in store for the altcoin. Can SOL hit all-time…

Strategy buys 4,020 Bitcoin as the price breaks $110,000.

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Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, bagged a fresh stash of BTC as the price briefly surged above $110,000 last week. Strategy acquired 4,020 Bitcoin (BTC) for $427.1 million between May 19 and 23, the company announced on May 26. The latest purchases were made at an average price of $106,237 per coin, with Bitcoin smashing past $110,000 on May 22. The acquisition marks the fourth Bitcoin purchase by Strategy in May, bringing Strategy’s total BTC holdings to 580,250 BTC, acquired for approximately $40.61 billion…

Strategy buys Bitcoin dip with $427M purchase, holdings surpass 580,000

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Key Takeaways Strategy purchased 4,020 Bitcoin for $427 million, increasing its holdings to over 580,000 BTC. The company faces a class action lawsuit alleging misleading statements about Bitcoin strategy. Share this article Michael Saylor’s MicroStrategy disclosed Monday that it acquired 4,020 Bitcoin between May 19 and 25 for approximately $427 million, seizing the recent price weakness triggered by Trump’s 50% tariff proposal on EU goods. The purchase, executed at an average price of $106,237 per Bitcoin, brings MicroStrategy’s total holdings to 580,250 BTC. The firm also reported a year-to-date Bitcoin…

Hedera Africa Hackathon launches with $1M prize pool and Web3 focus

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The Hashgraph Association and the Exponential Science Foundation have launched the Hedera Africa Hackathon 2025, a global event designed to accelerate Web3 and artificial intelligence adoption across the African continent. With a prize pool of $1 million, the hackathon will run from Aug. 1 to Sept. 30 and aims to attract over 10,000 participants across 15 African countries, according to a news release shared with Cointelegraph. Organized by two nonprofit organizations — the Switzerland-based Hashgraph Association and the tech research-focused Exponential Science Foundation — the event is open to developers,…

Vitalik notes how ETH could fill the gap as Sweden rethinks cashless plans

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As Sweden reconsiders its push toward a cashless society, Ethereum co-founder Vitalik Buterin highlighted the fragility of centralized digital payments and the opportunity presented by decentralized payment alternatives.  In recent years, Sweden has led the charge toward a cashless future, with digital payment platforms becoming widespread. However, as concerns over cyber-threats, civil defense and instability have emerged, Swedish authorities are now actively encouraging citizens to keep some cash.  Buterin noted the reversal illustrates that while centralized solutions may be efficient, they may not be reliable during times of crisis.  “Nordics…