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Author: James Wilson
Solana price is approaching a critical technical setup as momentum indicators begin to flip positive, raising the possibility of a breakout above the $90 level, where bulls have struggled in recent weeks. Summary Solana price trades around $86 within an $80–$92 range, with price consolidating just below key resistance near $90. Support near $75 remains intact, while tightly clustered moving averages signal compression and a potential breakout setup. Momentum indicators remain neutral, with no confirmed bullish crossover yet, leaving direction dependent on a decisive move above $90. According to data from crypto.news, Solana (SOL) price was trading around $86.20 at…
Anthropic is close to finalizing a roughly $1.5 billion joint venture with Blackstone, Goldman Sachs, and several other Wall Street firms to distribute artificial intelligence tools to private-equity-backed companies. Summary Anthropic is nearing a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman & Friedman to deliver AI tools to private-equity-backed companies. The platform will target sectors including finance, operations, and enterprise software, with leading partners committing up to $300 million each and Goldman Sachs adding about $150 million. The move comes as Anthropic explores a valuation above $300 billion, while rival OpenAI pursues similar private-equity partnerships amid rising…
Stablecoins may need a new public identity as their role expands beyond crypto trading, according to Robert Hackett, head of special projects at a16z crypto. Summary A16z says stablecoins now serve wider payment and finance roles beyond basic price stability. Robert Hackett argued the term still reflects crypto’s volatility problem, not today’s broader use. The stablecoin name may remain, even as digital dollars and onchain assets gain adoption. In a May 1 report, Hackett said the word came from crypto’s early years, when builders needed tokens that could hold steady value during sharp market swings. He said the name once…
A U.S. court order has placed Arbitrum DAO’s planned use of frozen hack funds under legal restraint. Summary A U.S. court has blocked Arbitrum DAO from moving 30,766 ETH tied to the Kelp DAO exploit after plaintiffs linked the funds to North Korea. Lawyers representing terrorism victims have argued the frozen ether can be seized to satisfy over $877 million in unpaid judgments against the DPRK. According to filings authorized by the U.S. District Court for the Southern District of New York, plaintiffs served a restraining notice on May 1 through Arbitrum’s governance forum, blocking any movement of 30,766 ETH,…
The Ethereum Foundation has completed another over-the-counter ETH sale to BitMine Immersion Technologies. Summary Ethereum Foundation sold 10,000 ETH to BitMine, marking its third OTC deal in two months. Community members questioned repeated ETH sales after the foundation also unstaked about $40 million in assets. The foundation says ETH sales support operations, grants, protocol research, and wider ecosystem development work. The move came as the foundation continued to face questions over its treasury activity, grant funding, and recent unstaking of ETH. The Ethereum Foundation sold 10,000 ETH to BitMine at an average price of $2,292 per coin. The deal was…
A newly disclosed Linux security flaw has drawn attention from U.S. cyber officials after researchers warned that attackers could use a small Python script to gain root access on affected systems. Summary CISA added Copy Fail to its exploited bugs list after reports of active Linux abuse. Researchers said attackers need prior code access before using the flaw to gain root rights. Crypto exchanges and nodes may review Linux exposure because many critical systems run affected distributions. The flaw, known as Copy Fail and tracked as CVE-2026-31431, affects many Linux distributions released since 2017. CISA has added the bug to…
Iran’s largest crypto exchange, Nobitex, is facing fresh scrutiny after Reuters reported that two brothers from Iran’s influential Kharrazi family founded the platform under an alternative surname. Summary Reuters said Nobitex was founded by brothers from a powerful political family under another surname. Nobitex denied state links while investigators cited transactions tied to sanctioned Iranian entities and users. Crypto withdrawals from Nobitex rose sharply after Tehran strikes, though analysts differed on the cause. The report comes as blockchain data shows rising crypto movements from Iran during conflict-related stress. Nobitex has denied government links and said it does not assist state…
BlackRock has urged the Office of the Comptroller of the Currency to revise parts of its proposed GENIUS Act rules. Summary BlackRock asked the OCC to remove a proposed cap on tokenized stablecoin reserve assets. The asset manager wants reserve rules based on liquidity, credit quality, and maturity risk. BlackRock’s BUIDL fund is gaining use as institutional collateral across crypto trading platforms. The request centers on tokenized reserve assets and the assets that stablecoin issuers may hold. BlackRock filed a comment letter asking the OCC to drop a proposed limit on tokenized reserve assets. The firm opposed a possible 20%…
Bitcoin developers and crypto advocates are again debating how the network should handle Satoshi Nakamoto’s early Bitcoin holdings. Summary Bitcoin advocates argue touching Satoshi’s coins could weaken the network’s core ownership promise for holders. Quantum risks have revived debate over early Bitcoin wallets and cryptographic security planning across markets. Developers support post-quantum research while rejecting forced action against dormant Satoshi-linked coins across Bitcoin network. The discussion has grown as quantum computing concerns raise questions about old Bitcoin addresses and future security. Alex Thorn, head of firmwide research at Galaxy Digital, said many Bitcoin developers and advocates agree that Satoshi’s original…
Three presales are sitting on the table, each promising the moon, but only one is actually printing receipts. That’s the situation traders are staring at right now with BlockchainFX (BFX), NOCtura (NOC), and IPO Genie (IPO). Each project has its own pitch, its own crowd, and its own timeline. So which name actually deserves a spot in a serious 2026 portfolio, and which ones are just along for the ride? Honestly, the answer keeps pointing back to one project. The best crypto presale chatter in May 2026 is dominated by BlockchainFX, the licensed super app that has already raised over…