Ripple EX-CTO Mocks Lawsuit Claiming Ownership of 3.7 Million Abandoned Bitcoins

A lawsuit filed in a New York court in May 2026 seeks to declare a claimant known as Noah Doe the legal owner of more than 39,000 dormant Bitcoin (BTC) wallets, targeting a combined 3.79 million BTC.  They reported the addresses to the NYPD and sent on-chain and press notices to potential owners, though questions have since emerged about whether the notifications actually reached the wallets that hold the funds.  Lawsuit Targets Satoshi Nakamotos Alleged Stash  The amended complaint names wallets attributed to Satoshi Nakamoto alongside early miner addresses, Casascius Coin holdings, and wallets linked to hackers and unidentified entities. The combined face value of those addresses runs into hundreds of billions of dollars at current bitcoin prices. Recurring debates about Satoshis alleged Bitcoin holdings and the Bitcoin creators identity have long shown how difficult it is to attribute early wallets with any certainty.  Ripple CTO David Schwartz, known on X as JoelKatz, offered a dry take on the case. One post had observed that a court might one day approve “something dumb like this” and that any such ruling would carry little practical weight. Schwartz, who recently flagged a major BitLocker security flaw and shared his meme coin investing views, agreed but carved

05-25

Australian Dollar: Rebound meets resistance against US Dollar – UOB

Finance  Australian Dollar: Rebound meets resistance against US Dollar – UOB  UOBs Quek Ser Leang and Lee Sue Ann report that AUD/USD rebounded sharply after recent weakness, with the pair swinging between 0.7100 and 0.7168 and now trading near 0.7155. They see scope for further gains but doubt a clear break above 0.7175, viewing current moves as part of a 0.7100–0.7215 range while longer-term charts still point to downside toward 0.6765 if 0.6850/0.6870 breaks.  Australian Dollar stabilises in broad range  “24-HOUR VIEW: AUD swung between 0.7100 and 0.7168 last Thursday. On Friday, we indicated that ”we are not able to derive much from the price action,“ and we held the view that AUD ”could trade between 0.7120 and 0.7175.“ AUD subsequently traded between 0.7117 and 0.7152. AUD closed at 0.7129 (-0.29%) but rose sharply on the open today. The rapid rise has scope to extend, but a clear break of the major resistance at 0.7175 is unlikely. Support is at 0.7145, followed by 0.7130”  “1-3 WEEKS VIEW: We have held a negative AUD stance since the middle of the month. In our most recent narrative from last Thursday (21 May, spot at 0.7150), we noted that ”downward momentum is slowing rapidly,“ and we pointed out

05-25

Vitalik Buterin pushes Ethereum Foundation toward AI-verified code

Vitaliks thoughts on the efforts to save and strengthen EF. Source: X.  Buterin reiterated that the foundation was just another node and not a central authority like Ethereum. It was consistent with its original objective during the token sale era, which was completed with the help of the Serenity upgrade.  Fiscal responsibility is at the heart of the pivot. At present, the EF owns only about 0.16% of the total ETH in circulation—significantly less than even some individuals or corporations—and is certainly not set up to be an everlasting guardian of the entire ecosystem.  To maximize effectiveness, it will focus on longevity rather than breadth, meaning it will sell less ETH.  Vitalik boosts EFs technical vision, taking on CROPS  Buterins vision starts and ends with the need for Ethereum to be “deeply impressive” within CROPS, not speed alone, which would simply make it mediocre. He flat-out rejects 250ms latency and 1 million TPS as a recipe for failure, as it would render Ethereum no more decentralized than its competitors.  Instead, the team will aim to achieve three key objectives with respect to technology, all of which can be done with the aid of high-throughput and scalable L2 systems:  Provably bug-free software via AI-assisted formal verification: What was

05-25

Fed: Warsh ambiguity clouds Dollar outlook – DBS

Finance  Fed: Warsh ambiguity clouds Dollar outlook – DBS  Philip Wee at DBS highlights uncertainty around new Fed Chair Kevin Warsh‘s approach, noting President Trump’s preference for lower rates and Warshs reform-oriented stance. Warsh may downplay dot plots and even abstain from June rate forecasts, which could create friction with markets and colleagues if PCE inflation surprises on the upside, adding to policy ambiguity for Dollar traders.  Warsh seen downplaying dot plots  “Meanwhile, Kevin Warsh was sworn in as the 17th Fed Chair at the White House on May 22. While stating that Warsh would ”do his own thing“ in upholding the Feds independence and interest rates, President Trump did not hide his desire for Warsh to start lowering interest rates.”  “Warsh‘s acceptance speech focused on leading a ”reformed-oriented“ Fed by moving away from backward-looking and economic dogmas, pursuing a dual mandate that can simultaneously achieve lower inflation with stronger growth, reducing the Fed’s balance sheet, and pivoting away from forward guidance dot plots and heavily parsed press conferences.”  “Instead, Warsh may abstain from providing his interest rate forecasts in the June Summary of Economic Projections, aligning with his disdain for forward guidance that locks the FOMC into pre-emptive policy paths. Doing so will allow Warsh

05-25

Indian Rupee: RBI support and rate talk underpin INR – Commerzbank

Finance  Indian Rupee: RBI support and rate talk underpin INR – Commerzbank  Commerzbank analysts highlight that USD/INR fell 0.5% to 95.71 and is down 0.3% on the week, as the Reserve Bank of India (RBI) intervenes in spot markets and tightens gold import rules. They note reports that Governor Sanjay Malhotra may consider a rate hike on 5 June, potentially complemented by USD bond issuance and special deposit schemes to bolster the Indian Rupee (INR).  Policy mix aims to stabilise INR  “In FX, USD/INR fell 0.5% to 95.71 last Friday and it declined 0.3% for the week.”  “INR has remained under pressure recently due to elevated global oil prices and firm USD demand.”  “However, recent restrictions on gold imports and interventions in the spot market by the Reserve Bank of India (RBI) have provided some support for INR.”  “Earlier last week, local media reported that RBI Governor Sanjay Malhotra is considering hiking rates at the next meeting on 5 June to provide further support for INR.”  “It is unlikely to be a standalone move. It could be supplemented by other measures such as USD bond issuance and schemes to attract dollar deposits from non-resident Indians, mirroring measures taken during the 2013 Taper Tantrum.”

05-25

Ethereum Foundation Director Behind Vitalik Buterin’s New ETH Plan

Under Bestians guidance, EF will become a smaller, leaner. It will become more focused organization centered on Ethereums core “cypherpunk” values. This includes decentralization, privacy, censorship resistance, openness, and security.  As Vitalik announced, rather than chasing 250ms latency, 1M TPS goal and aggressive business development, Ethereums goal is to become “deeply impressive” technically. For this, the organization is set to run through initiatives. It includes AI-assisted formal verification to make Ethereum nearly bug-free, “available chain consensus”, and intermediary minimization.  This comes after a week when Vitalik outlined plans to improve Ethereum‘s Native Privacy. FOCIL, EIP-8141, smart contract wallets, and specialized Layer-2 networks are few components now set to become part of Ethereum’s long-term scaling roadmap.  Other Articles…  This is something that Bastian had announced right when he took on the role. He had written in a X post, “The mandate of the EF is to make sure that real permissionless infra, cypherphunk, is what gets built.Ethereum should outlast us…to make it last 1000 years or more.”  Thus, the base for current transition had already been laid by Bastian as soon as he took over as EFs co-ED.  Board of Ethereum Foundation  The decisions that happen at and for Ethereum are made by cumulative majority. Besides Bastian Bues,

05-25

Bitcoin demand falls to its most bearish level in 2026

Bitcoin  Bitcoin demand falls to its most bearish level in 2026  Bitcoins (BTC) apparent demand has fallen to the lowest level in more than a year, showing that retail sentiment is cooling drastically.  More precisely, the metric is approaching -160,000 BTC, which is a reading not seen since late April 2025, citing data as of May 25.  For comparison, the figure was approaching a yearly record high of 229,000 on May 27, 2025, meaning the current levels represent a roughly 30% decrease in more or less twelve months.  Bitcoin apparent demand. Source:  Notably, the apparent demand has been in the negative for nearly the entirety of 2026 so far, with only a few brief positive periods in late February.  What does negative Bitcoin apparent demand mean?  Apparent demand is an on-chain metric used to measure whether Bitcoin buying pressure is strong enough to absorb newly available supply.  In short, when the indicator falls deep into negative territory, it tends to signal that incoming demand is failing to keep pace with the amount of BTC entering circulation.  Understandably, the drop in apparent demand reflects a broader shift in market behavior. After all, spot purchases represent direct capital inflow into Bitcoin and usually translate into more sustainable growth compared to, for instance,

05-25

Crypto News Today: Consolidation Ties Down Top Tokens, Should You HODL or Trade?

Current Price: $76,700 – $77,500The Support Floor: The $75,000 demand shelf has been aggressively defended by buyers over the past two weeks. A secondary, stronger multi-month structural floor sits at $72,000, aligning with the 100-day moving average.The Resistance Ceiling: Overhead selling pressure is heavily concentrated between $77,450 and $78,000. To spark a true macro breakout, bulls must secure a clean daily candle close above $80,000.  Track these movements live on the Bitcoin Price Ticker.  Ethereum ($ETH) and Altcoin Stability  Mirroring the market leader, Ethereum is grinding inside a compressed zone just under its core psychological thresholds, occasionally threatening brief intraday breakouts before reverting back to its weekly average. Large-cap altcoins, including Solana ($SOL$) and XRP, are experiencing similarly suppressed daily volatility, driving the aggregate market Relative Strength Index (RSI) into a perfectly neutral stance.  Crypto Strategy: Should You HODL or Trade?  With the market locked in this specific pattern, your strategy depends entirely on your financial time horizon and risk tolerance. Here is how to break down your approach.  When to HODL: The Long-Term Macro View  If you are an investor looking at a multi-year horizon, this crypto consolidation phase is a gift. Historically, extended sideways grinds following sharp market recoveries represent healthy asset accumulation periods rather

05-25

Bitcoin sell signal? Binance inflows jump 3x in just 10 days

Bitcoin is facing renewed pressure after Binance recorded nearly 10 straight days of stronger $BTC inflows, while spot Bitcoin ETFs saw heavy redemptions.   Analyst Darkfost said Binances weekly average inflows rose from 378 $BTC on May 16 to 1,190 $BTC, marking a more than threefold increase in less than 10 days.  The same update said Binance recorded one daily inflow of more than 3,600 $BTC on May 18. Darkfost added that Binance reserves rose from 616,000 $BTC on April 24 to 632,000 $BTC, an increase of 16,000 $BTC in one month.  Exchange inflows often draw attention because holders usually move coins to trading venues when they want to sell, take profit, or reduce exposure.  Binance $BTC inflows raise sell pressure fears  Darkfost said Bitcoin inflows into Binance have not stopped for nearly 10 days. The analyst linked the move to a wider market correction driven by tense geopolitical conditions and weaker appetite for risk assets.  ???? Bitcoin inflows on Binance havent stopped in 10 Days  The market remains in a correction driven by tense geopolitical conditions affecting economies worldwide, making it particularly difficult for risk assets to navigate in this environment.  ???? In this context, for nearly 10… pic.twitter.com/VztQF96fMQ  — Darkfost (@Darkfost_Coc) May 25, 2026  He said dominant exchange

05-25

Brian Armstrong says finance must move on-chain or fall behind

Coinbase CEO Brian Armstrong said the financial system still needs eight key upgrades before crypto-based finance can reach wider use.   His list covered RWA tokenization, 24/7 global trading, stablecoin payments, AI tools, self-custody wallets, easier capital formation, sound money, and better regulation.  Armstrong said the future system will become more global, more automated, and more on-chain. He wrote that the work is not complete until these systems serve more users, adding, “Jobs not done until we get these working for all.”  RWA tokenization leads Coinbase CEOs upgrade list  Armstrong placed tokenization of real-world assets at the top of his list. He said real estate, stocks, bonds, and funds can move on-chain to support faster settlement, wider distribution, and fractional ownership.  Major areas where the financial system still needs an update:  1. Tokenization of real-world assets – Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.  2. 24/7 Global trading – Pooled global liquidity, every…  — Brian Armstrong (@brian_armstrong) May 24, 2026  The comment comes as tokenization remains a leading crypto theme in 2026. Related reports said the tokenized RWA market grew 263% year over year in 2025 and about 30% in the first quarter of 2026.  Coinbase has also tied its public strategy

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