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On May 14, AI chip manufacturer Cerebras Systems is making a strong push to enter the U.S. stock market, surpassing expectations with its IPO pricing range being repeatedly broken, reflecting Wall Str

Cerebras Systems Valuation Approaches $49 Billion Ahead of IPO

MEGA: Real-Time Execution Layer for Ethereum

Post 3 Days in a Row—Win 500 USDT!TWT: Trust Wallet Ecosystem TokenBTC Shakes at $80K—Up or Down?DeFi mobile platform Legend has announced plans to shut down after nearly two years of operation, addin

DeFi mobile platform Legend has announced plans to shut down after nearly two years of operation, adding another closure to a growing list of crypto applications struggling to remain viable. Summary Legend said it will shut down on July 12 after failing to reach a sustainable scale despite raising $15 million from major crypto investors. Former Compound Finance executives launched Legend as a mobile DeFi app designed to combine trading, borrowing, and yield services into one platform. Step Finance, Parsec, Balancer Labs, and ZeroLend have also announced closures this year amid hacks, weaker activity, and funding pressure. According to a statement shared Tuesday by Legend co-founder and chief executive Jayson Hobby, the company decided to wind down operations after concluding the product had not reached a scale that could support the business over the long term.  Hobby said the app had managed to attract users, but sustaining the company and meeting investor expectations ultimately proved difficult. Built by former Compound Finance executives in late 2024, Legend operated as a non-custodial mobile app that combined services from protocols such as Aave, Compound, and Uniswap into a single interface for trading, borrowing, swapping, and yield generation. The platform promoted itself as a simplified entry point into decentralized finance, allowing users to access DeFi products without constantly switching wallets or applications. In comments posted alongside the shutdown notice, Hobby said the company initially believed mainstream users would engage with decentralized finance if the interface became easier to use. He argued that most users are not focused on whether a product operates on-chain, but instead care about practical outcomes such as better yields, faster payments, and more direct control over their money. You might also like: Ethereum wants to end blind sign

DeFi mobile platform Legend has announced plans to

Developing countries are accelerating the de-dollarization agenda by exiting the US dollar from trade and transactions. BRICS members Russia and Iran settled $214 billion in Chinese yuan in March, mov

BRICS Accelerates Dollar Exit, Yuan Settlements Jumps To $214 Billion

Alibaba Group Holding Ltd. (HK:9988) saw its Hong Kong-listed shares jump sharply on Thursday after the Chinese e-commerce and technology giant reported better-than-expected quarterly earnings driven 

Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth - EconoTimes

MU: Top Memory Chip Maker 

According to the user, the Bitcoin address became inaccessible after he changed the wallet password and forgot the credentials. Over the years, he reportedly attempted countless password combinations,

According to the user, the Bitcoin address became inaccessible after he changed the wallet password and forgot the credentials. Over the years, he reportedly attempted countless password combinations, hired multiple recovery services, and searched through old notes in an effort to regain access to the funds.

The breakthrough came

$110K Spring Airdrop Rain—18 Days Straight!

HTX  Creation Challenge — Post and Win 1,500U 💥

Bitcoin holder recovered nearly $400,000 in BTC after using Claude AI to unlock a wallet that had been inaccessible since 2015.
The recovery relied on AI-assisted assessment of old wallet files and mnemonic data to decide the password.
Blockchain activity confirmed the movement of the recovered BTC, sparking widespread discussion about AI's growing role in crypto recoveryBitcoin (BTC) holder allegedly regained access to roughly 5 BTC, worth nearly $400,000, after misplacing his password, according to a viral X post on Wednesday.

The individual, identified on X as cprkrn, said he successfully recovered the funds with assistance from Claude AI after years of failed recovery attempts.

Bitcoin holder recovers $400K in BTC after 11 Year

Post 3 Days in a Row—Win 500 USDT!TWT: Trust Wallet Ecosystem TokenBTC Shakes at $80K—Up or Down?Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blo

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain analytics firm Arkham has built a public, searchable map of crypto wallets it links to Iran’s central bank — a move that puts Tehran’s alleged digital holdings in plain sight of investigators and anyone else curious enough to look.Related Reading: Trump Rejects Iran Peace Proposal — Bitcoin Breaks $82,000How Iran Moves Money Through CryptoThe map centers on two Tron-based wallets that were added to the US Treasury’s Specially Designated Nationals list on April 24. Treasury identified both addresses as property of Bank Markazi Jomhouri Islami Iran — the country’s central bank — citing ties to the Islamic Revolutionary Guard Corps-Qods Force and Hezbollah. Around $344 million in crypto was frozen as part of the action, Treasury Secretary Scott Bessent said, describing the goal as cutting off Tehran’s ability to generate, move, and bring home funds.Stablecoin issuer Tether confirmed it had frozen the funds at the request of US authorities, citing activity tied to unlawful conduct, without naming Iran directly in its public statement. Arkham published its research on May 11, grouping the sanctioned addresses under a Central Bank of Iran entity page that it says can be used as a starting point to trace connected wallets and transaction flows.The firm said the wallets hold TRC-20 tokens — a token standard that runs on the Tron network and includes USDT, the world’s largest stablecoin. A Layered System Built To HideThe money trail is not simple. According to Chainalysis, Iranian oil revenues passed through brokers, intermediary wallets, cross-chain bridges, and decentralized finance protocols before ending up in accounts linked to Iran’s central bank and IRGC-connected entities. The pipeline was built for concealment, layered step by step to obscure its origins.A

Trusted Editorial content, reviewed by leading ind

Post 3 Days in a Row—Win 500 USDT!TWT: Trust Wallet Ecosystem TokenHTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin [$BTC] has failed to keep up with the market expectations. During the institut

Bitcoin [$BTC] has failed to keep up with the market expectations. During the institutional boom of 2024–2025, many firms accelerated aggressive Bitcoin accumulation.

By 2026, as market conditions turned unfavorable, some treasuries were forced to liquidate positions to fund operations.

With $BTC struggling, KULR Technology Group has begun selling its holdings, most likely to cut losses. According to Arkham data, KULR Technology Group transferred 300 $BTC, worth $24.36 million, to Coinbase Prime.

In December 2024, KULR announced it would allocate 90% of its surplus cash to Bitcoin. By July 2025, the company had built a reserve of 1,021 $BTC worth $101 million, purchased at an average price of $98,923.

Entering the market during the institutional boom, KULR benefited from favorable sentiment and a U.S. policy shift, with its stock soaring 10x to $43.92 after the reserve announcement.

Now, with $BTC trading well below its average entry price, the company’s holdings have lost $18.25 million.

The fading market frenzy has also hit its stock hard, which has dropped 74% year‑on‑year to $3.19, underscoring the struggles faced by public firms holding Bitcoin on their balance sheets.In addition to KULR Technology, Bitcoin treasury companies have either halted accumulation or sold holdings, driven by rising losses in the market.

In fact, the value of total holdings by Bitcoin treasuries has plummeted significantly, falling from $126 billion to $96 billion as of writing. Such a decline left these companies with $30 billion in unrealized losses. As a result, most of the Bitcoin companies have continued to offload.

For starters, the Riot platform has been on a selling spree lately. The miner recorded the largest weekly outflow since March 2025. Riot has continued to offload even as $BTC shows signs of recovery, defying traditional market behavior. In 20

Bitcoin firms dump holdings as treasury losses rea

Asian currencies traded cautiously on Thursday as global investors closely monitored the high-profile meeting between U.S. President Donald Trump and Chinese President Xi Jinping. At the same time, pe

Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar - EconoTimes

Orca: Top AMM DEX on Solana

Australia’s Federal Court has ruled that Coles Group’s supermarket division misled shoppers through deceptive “Down Down” discount promotions, adding pressure on major grocery chains over pricing tran

Coles “Down Down” Ruling Sparks Fresh Scrutiny of Australian Supermarket Pricing - EconoTimes

Post 3 Days in a Row—Win 500 USDT!BTC Shakes at $80K—Up or Down?HTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for p

Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price

A key tailwind that supposedly powered bitcoin's recent rise above $80,000 appears to be fading.

The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in investor money through March and April, are now leaking funds. And sizeable ones at that.

On Wednesday, investors yanked $635 million from these funds, the highest single-day net outflow since Jan. 29, according to data source SoSoValue. It wasn't an isolated event either. Over the past five trading days, the ETFs have bled a total of $1.26 billion, pulling total net inflows since debut in January 2024 down to $58.5 billion from $59.76 billion a week ago.

Bitcoin has stopped rallying. Since last Wednesday, the upswing that carried prices from $65,000 to above $80,000 has stalled, with momentum running out of steam near the 200-day simple moving average positioned just above $82,000. In the past 24 hours, bitcoin has dropped over 2% to $79,400, with analysts attributing the loss to the resurgent inflation fears in the U.S., even though these macro developments have been largely shrugged off by Wall Street's Nasdaq and S&P 500 equity index. Both these indices hit new highs on Wednesday.

The $635 million outflow is not a number that bulls can easily dismiss, particularly since the strong inflows through March and April were widely hailed as bullish catalysts, and the macro picture is worsening due to rising inflation in the U.S.

"A persistently hot CPI, an incoming Fed under Warsh that markets read as more hawkish, or another oil shock can compress bitcoin even with positive net flows. From our perspective, the more useful question is not whether the markup leg continues, but whether macro conditions stay loose enough for the flows to do their work," Adam Haeems, head of asset management at Tesseract Group, said. Tesseract has over $500 in assets under managem

Bitcoin investors yanked $635 million from spot ET

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Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on Board, But Found the Ship Leaking'

Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on the Ship, Only to Find It Leaking'

BTC falls below 79000 USDT

Arm and SoftBank Proposed Acquisition of Cerebras Before IPO but Were Rejected

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