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Solayer’s sudden 35% crash erases months of gains, driven by thin liquidity, large token sells, and looming supply risks that threaten further downside.
Bitcoin price opened the week with a correction, but strong interest from institutional investors keeps the $100,000 target within reasonable reach.
Meme Coins To Watch—TST, VINE, and BROCCOLI—are making waves with high volatility, heavy trading, and swirling uncertainty over project status.
The crypto market enters May 2025 with mixed signals: Bitcoin stabilizes, Ethereum gas fees drop, XRP nears a rebound, and Cardano eyes recovery. Here’s what you need to know.
Solana slips 4.2% this week – but with volume surging and a $900 target in sight, could SOL be gearing up for a massive breakout?
The SEC brings together major financial firms to debate the shift of traditional assets onto blockchains, as regulators weigh how to address tokenization without overstepping in evolving digital markets.
The U.S. Treasury’s sweeping sanctions against Burma’s Karen National Army expose the group’s deep ties to crypto scams, human trafficking, and transnational money laundering.
- 06:07Believe platform's estimated revenue in the past 24 hours reached $7.52 millionBlockBeats News, on May 14, according to Believescreener data, the estimated revenue of the Believe platform in the past 24 hours reached 7.52 million USD, with creators earning 3.76 million USD.
- 06:06Etherealize Co-Founder: Bitcoin's Future is Worrisome Due to Security Budget Issues, a 51% Attack Currently Costs Only $8 BillionPANews reported on May 14 that Grant Hummer, co-founder of the Ethereum ecosystem marketing company Etherealize, expressed concerns about Bitcoin's future due to its security budget issues. Currently, a 51% attack on Bitcoin would only require $8 billion, and if it drops to $2 billion (0.1% of Bitcoin's market value), an attack would almost certainly occur. This will become evident in the next decade. In contrast, Ethereum, with its true decentralization, is poised to become the default consensus point for storing value on the internet. Hummer also mentioned that after discussions with traditional finance executives, it was found that achieving million-level TPS (transactions per second) on a single global state machine is not feasible, but it is entirely possible through Ethereum's neutral settlement layer and high-speed L2 networks. He emphasized that the stability and maturity of decentralized financial infrastructure far outweigh short-term performance improvements, especially in the wave of tokenizing real-world assets (RWA) — currently, 85% of RWAs and most stablecoins have chosen Ethereum. In response to criticisms that "Ethereum is trying to do too much," Hummer countered that this is akin to questioning the multifunctionality of Windows or the internet. He believes Ethereum is becoming the cornerstone of the global financial system, with its security, decentralization, and ecological diversity being key to attracting large-scale institutional adoption.
- 06:06Synthetix Community Proposes Acquisition of Decentralized Options Platform Derive at a Valuation of $27 MillionPANews, May 14 - According to the official blog, the Synthetix community has proposed acquiring the decentralized options platform Derive at a valuation of $27 million. As per the SIP-415 proposal, the transaction will involve a token swap of DRV for SNX at a ratio of 27:1, with Synthetix issuing 29.3 million SNX tokens (3-month lock-up + 9-month linear release) to complete the acquisition. The transaction requires approval from Synthetix's Spartan Council and Derive's governance body. This acquisition will allow Synthetix to integrate Derive's order book perpetual contract trading technology and development team, accelerating the construction of the Ethereum mainnet derivatives protocol. The Derive team's experience in modular order book design and options mechanisms will directly enhance Synthetix's core competitiveness. Their developed App-chain technology stack can be immediately deployed to the mainnet. Derive, formerly known as Lyra, was once a Synthetix ecosystem project. This acquisition marks Synthetix's third ecosystem integration action in the past six months, following the reacquisition of Kwenta and TLX. Founder Kain Warwick stated that this will simplify protocol architecture and governance, promoting the development of the derivatives platform. If the transaction is approved, Derive's treasury assets, intellectual property, and governance system will be fully integrated into the Synthetix protocol.