The SEC is warning against FOMO as crypto mania intensifies, even as institutional adoption skyrockets and U.S. policy shifts cement digital assets as a financial cornerstone. SEC Cautions Against FOMO as Crypto Sees Relentless Institutional Inflows The U.S. Securities and Exchange Commission (SEC) reminded investors this week to steer clear of emotional decision-making driven by…
Key Takeaways Abraxas Capital Management accumulated 278,639 ETH valued at $655 million since May 7. The firm realized an unrealized profit of $77 million from their Ethereum investments. Share this article A crypto wallet believed to belong to UK investment firm Abraxas Capital Management has amassed 278,639 Ethereum, worth approximately $655 million, since Ethereum’s Pectra…
In recent days, it has become nearly impossible to move through the world without being confronted by the latest high-profile case of interpersonal violence — the ongoing trial of Sean “Diddy” Combs, following the harrowing testimony of singer Cassie Ventura, Diddy’s ex-partner. Ventura’s detailed allegations of prolonged abuse, coercion, and exploitation have dominated headlines and…
EOS is rebranding to Vaulta and plans to become a Web3 bank, bridging DeFi with TradFi. The transition will be without a hard fork. As EOS transitions into Vaulta ($A), analysts are still tracking the legacy token’s potential breakout toward $1.60 by May 2025. EOS crypto conducted a one-year ICO and raised $4 billion; yes,…
It’s nearly summer. The flowers are in full bloom, the birds are well north, and REI is kicking off its annual anniversary sale. This year’s REI sale starts May 16 and runs through Memorial Day, May 26. Many items are up to 30 percent off, but REI Co-op members save up to 20 percent off…
In recent weeks, a proposal aiming to eliminate Bitcoin’s 80-byte limitation on script opcodes has stirred spirited debate, culminating in what some are calling the OP_RETURN War of 2025. On Thursday, block 896,696 featured an unusually large non-standard OP_RETURN—so expansive it occupied the entire block with a solitary transfer. OP_RETURN ‘Rickrolling’ Discussion around the Bitcoin…
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as the firm continues its efforts to reimburse those affected by its collapse. Repayment Efforts In a May 15 release, the company’s bankruptcy estate categorized creditors…
OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a new Bloomberg report. The facility would reportedly span an astonishing 10 square miles and consume power equivalent…
The S&P 500 rose 0.7% Friday, closing out a strong week as investors looked past weak consumer sentiment data and persistent inflation concerns. The index posted a 5% gain for the week, its best since November 2023, as tech stocks and easing trade tensions fueled optimism. The Nasdaq Composite added 0..5% and the Dow Jones…
Table of Contents Table of Contents Table of ContentsWhat is A Minecraft Movie about?Is A Minecraft Movie worth watching?How to watch A Minecraft Movie at homeThe best HBO Max streaming deals The video game with the cult-following among Gen Z and Alpha took over the box office last month. Now the blockbuster film adapted from…
