Today in crypto, crypto industry executive and users report scam Ledger phishing letters sent by physical mail, a judge has vacated key fraud and manipulation convictions against Mango Markets exploiter Avraham Eisenberg, and US-based spot Bitcoin ETFs posted a significant amount of inflows this week. Crypto community sounds alarm about Ledger phishing letter scam Industry executives and crypto community members are raising the alarm about a new phishing scam in the form of physical letters sent to crypto holders made to look like communication from the Ledger hardware wallet company. The letter instructs recipients to "validate" their wallets and provides a QR code that likely links to a malicious phishing site that steals private keys and other sensitive user data. A copy of the Ledger phishing letter. Source: Mike Belshe BitGo CEO Mike Belshe shared a copy of the letter on X and confirmed that it was delivered via the United States Postal Service (USPS). The incident reflects the increasingly sophisticated and novel forms of phishing attempts and scams targeting the crypto community and serves as a reminder for crypto holders to take proactive safety measures to protect sensitive data from social engineering attempts. Judge overturns fraud convictions in Mango Markets exploit case A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets. On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg made materially false representations to Mango Markets. The decision vacates Eisenberg’s convictions for commodities fraud and market manipulation and acquits him of a third charge, significantly weakening the government’s case. Eisenberg, a self-proclaimed “applied game theorist,” was convicted in 2024 for artificially inflating the price of Mango’s MNGO token by over 1,300% in a matter of minutes and using the resulting gains as collateral to withdraw $110 million in crypto assets from the platform. US judge siding with Eisenberg on nature of the exploit. Source: Bwbx.io Bitcoin ETFs post $2.75B in weekly inflows as price sits above $108K US-based spot Bitcoin exchange-traded-funds (ETFs) have recorded a total of $2.75 billion in inflows this week amid Bitcoin surpassing its January all-time high of $109,000. The $2.75 billion inflow total was nearly 4.5 times larger than the spot Bitcoin ETF’s previous week’s $608 million in inflows, according to Farside data. On May 23, the final day of the trading week, spot Bitcoin ETFs recorded $211.7 million in inflows. However, BlackRock’s IBIT was the only fund to post gains in the trading day, adding $430.8 million and extending its inflow streak to eight consecutive days. Grayscale’s GBTC led outflows with $89.2 million, followed by ARK 21Shares’ ARKB with $73.9 million.
Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country. According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of the Oslo Freedom Forum — Durov will still deliver his keynote address remotely over a livestream. “It is unfortunate that French courts would block Mr. Durov from participating in an event where his voice is so needed,” HRF founder and CEO Thor Halvorssen said. Durov continues to be a vocal advocate for free speech and individual liberty. Tech and crypto industry executives closely monitor developments related to Pavel Durov and the implications for individual freedom from his ongoing legal battle in France. Source: Pavel Durov Related: Pavel Durov rejects EU pressure to censor Romanian election content Durov claims French intelligence services asked him to censor conservative voices Pavel Durov recently accused French intelligence officials of asking him to censor conservative-leaning political content related to the Romanian presidential elections on the Telegram platform. Durov said that he flatly denied the request . "You can’t 'defend democracy' by destroying democracy. You can’t 'fight election interference' by interfering with elections," Durov wrote in a May 18 Telegram post . Although the Telegram founder did not initially name the intelligence official or the European Union country that asked him to censor the content, Durov later revealed more concrete details. The Telegram co-founder wrote in a May 18 X post : "This spring at the Salon des Batailles, in the Hôtel de Crillon, Nicolas Lerner, head of French intelligence, asked me to ban conservative voices in Romania ahead of elections. I refused. We didn’t block protesters in Russia, Belarus, or Iran. We won’t start doing it in Europe." Durov has repeatedly stated that Telegram will not censor political content on the platform and would exit markets before restricting free speech on the social messaging application. The Telegram co-founder said that complying with such heavy-handed political censorship constitutes a human rights violation. Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in
Mihailo Bjelic, Polygon co-founder, has announced his departure from the project. Sandeep Nailwal remains the only original member in the founding team. Continue Reading: Polygon Faces Leadership Shift as Co-Founder Mihailo Bjelic Exits The post Polygon Faces Leadership Shift as Co-Founder Mihailo Bjelic Exits appeared first on COINTURK NEWS .
Ethereum’s struggle to catch up amplifies as Bitcoin reaches new heights, leaving crypto investors contemplating potential market shifts. As Bitcoin charts unprecedented all-time highs, Ethereum seems immobilized, raising questions about
Without a shift in ETH/BTC dynamics, bull traps may remain.
Introduction As the market prepares for the next phase of growth, timing is key in identifying breakout opportunities. Cardano is now inching toward $0.76, signaling renewed confidence among investors, but it is MAGACOIN FINANCE that is rewriting the playbook for early-stage success in 2025. MAGACOIN FINANCE: Unprecedented Presale Momentum and 13,000% Upside CLICK HERE – ONLY 0.007 AWAY FROM LIFTOFF MAGACOIN FINANCE is capturing the imagination of the crypto community, with Stage 8 attracting record participation from both retail and institutional buyers. The project’s innovative tokenomics—a fixed supply, rigorous audits, and a compelling narrative—are setting a new benchmark for presale projects. Early backers can leverage the exclusive PATRIOT50X promo code to secure a 50% bonus, amplifying the appeal for those seeking exponential gains. Analysts are now pointing to a potential 13,000% upside, fueled by robust on-chain activity and a rapidly expanding investor base. In a market hungry for innovation, MAGACOIN FINANCE is emerging as the frontrunner for outsized early-stage returns . Cardano (ADA): Testing Resistance and Building Momentum Cardano is trading just shy of $0.76, with technical indicators hinting at a possible breakout if buying pressure persists. Recent developments in the ecosystem, including new DeFi integrations and partnerships, are bolstering sentiment. While ADA’s fundamentals remain solid, its growth trajectory is more gradual compared to the explosive potential of MAGACOIN FINANCE, which continues to set the pace for early-stage excitement. XRP: Institutional Interest and Price Resilience XRP is holding steady above $2.35, supported by ongoing regulatory progress and growing institutional interest. Market watchers are eyeing a potential move toward $2.85–$3.40 if bullish trends continue, with some forecasts even suggesting higher targets by year-end. Despite its strong position, XRP’s upside is outpaced by the dynamic growth and presale momentum of MAGACOIN FINANCE, making MAGA the preferred choice for those seeking rapid appreciation. Bitcoin (BTC): Stability and Institutional Backing Bitcoin remains the cornerstone of the crypto market, trading above $110,000 with strong institutional backing and ETF inflows. Analysts anticipate a potential push toward $115,000 if current momentum holds, but the scale of BTC’s market cap means its growth is now more measured. In contrast, MAGACOIN FINANCE offers a unique opportunity for investors to participate in a project still in its formative stages, with far greater upside potential. Hedera (HBAR): Steady Progress and Future Prospects Hedera is consolidating near $0.21, with technicals indicating a period of stability after recent gains. Analysts are optimistic about a move toward $0.25–$0.30 in the coming months, but the pace of growth is expected to be steady rather than explosive. For those seeking the next major breakout, MAGACOIN FINANCE stands out as the clear leader for high-growth early-stage investments. CLICK HERE – FINAL CHANCE BEFORE PRICE JUMPS 35x Conclusion Cardano’s approach to $0.76 and the steady performance of XRP, Bitcoin, and Hedera are noteworthy, but the spotlight is firmly on MAGACOIN FINANCE. With Stage 8 nearing completion, a 13,000% growth path, and the PATRIOT50X 50% bonus still available, MAGA is the breakout opportunity of 2025. Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Cardano Nears $0.76 — MAGACOIN FINANCE Surges Ahead of Blue-Chips With 13,000% Growth Path
As the 2025 altcoin season approaches, investors are closely watching the usual giants, Ethereum (ETH), Solana (SOL), and Ripple’s XRP, all of which are positioned to benefit from renewed market momentum. Yet among these giants, a new coin, Mutuum Finance (MUTM) , is turning heads with its explosive potential. The fifth phase of Mutuum Finance presale continues as this high-growth altcoin sells at $0.03 and has collected $9.1 million. The next stage of the presale will boost MUTM’s price to $0.035 while attracting more than 11,000 investors. This phase’s investors will receive a 100% profit when the launch price reaches $0.06. For investors looking beyond SOL, ETH and XRP, MUTM could be a pivotal play in the 2025 crypto boom. For investors searching for the best altcoin to buy now, MUTM is shaping up to be one of the top cryptocurrencies to watch. Ethereum, Solana, and XRP Gear Up for 2025 Altcoin Season Surge Ethereum (ETH), Solana (SOL), and Ripple’s XRP all enter 2025 with a lot of steam behind them, each one backed by niche fundamentals that will catalyze massive gains during the next altseason. Ethereum, currently trading at approximately $2,496, will probably break through the $10,000 mark with scaling enhancements like Pectra that cut through inefficiencies in its network. Solana, trading around $166, is rapidly emerging as a fast, inexpensive network powering DeFi and meme coins, and that’s where bullish projections believe it has a chance to break out to $500. XRP, in the meantime, remains an anchor for cross-border payments, and regulatory news in its favor can finally push it up to $5 from its current position at $2.35. While these giants prepare for liftoff, new tokens like Mutuum Finance (MUTM) are picking up steam with the capability of outperforming in ROI. A DeFi Giant on the Rise Mutuum Finance pushes forward decentralized lending through dual lending while promoting mass adoption because of its transformative structure. More than 11,000 investors have joined the presale funding to support the project which has received $9.1 million in total. Mutuum Finance’s price has currently reached $0.03 in Phase 5 even though investors anticipate a 16.67% price increase in Phase 6 which will generate considerable profit potential. Analysts forecast MUTM to surge beyond $5 in upcoming months when it launches at $0.06 because its distinctive lending approach meets rising market requirements thus making it an underappreciated yet promising DeFi resource. The Dual-Model System for Enhanced DeFi Lending Mutuum Finance transforms DeFi lending through the combination of Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending systems. Through the P2C model users can achieve passive income by lending their USDT through liquidity pools that operate automatically through smart contracts. The P2P model provides transactions which operate without intermediaries allowing users to personally manage their assets through direct deals. Mutuum Finance unites P2C and P2P lending methods to secure and streamline its decentralized operation thus creating profitable opportunities for investors looking to maximize yield in DeFi. Driving Community Growth with Investor Rewards To attract more community members Mutuum Finance implements profitable incentive programs at an aggressive pace. The program will use $100,000 to give ten investors $10,000 worth of MUTM tokens and the referral system gives rewards to users who bring in new investors to the platform. The platform gives early supporters exclusive benefits including VIP-exclusive updates to enhance their connection with the platform. Mutuum Finance is quickly gaining momentum with over $9.1 million raised and 11,000+ investors buying in at $0.03 during its presale. With a projected 100% profit at the $0.06 launch price and a forecasted surge beyond $5, MUTM presents a compelling alternative to Ethereum, Solana, and XRP in the 2025 altcoin season. Its innovative dual lending model combines automated liquidity pools with direct peer-to-peer loans, maximizing yield and decentralization. Backed by strong community incentives and transparent governance, Mutuum Finance is well-positioned to outperform established players and capture significant market share in the coming months. Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Bitcoin ended the week 5% higher after U.S. President Donald Trump’s tariff threat against the European Union caused market volatility. EU Tariff Threat Rattles Markets After kicking off what turned out to be another milestone-setting week, bitcoin ( BTC) ultimately ended the week only 5% higher after U.S. President Donald Trump’s tariff threat against the
Valve’s CEO, Gabe Newell, is expected to release a new brain chip through his startup, Starfish Neuroscience. The first batch of brain chips is expected to arrive in late 2025. The company, incorporated in 2019, published its first blog post about the new brain chip, positioning itself as a new competitor to Elon Musk’s Neuralink. Starfish stated that the custom electrophysiology chip will interact with multiple brain regions simultaneously. This means that the chip will read and write to connected parts of the brain, making it possible to help people with neurological disorders. Starfish is making a miniaturized brain chip Most existing brain chips are fairly bulky. Each side usually measures more than 5 mm (about the width of two stacked pennies) and may reach 10 mm or more per side. In addition, such chips consume a high power of 10s of milliwatts (mW). Starfish stated that the upcoming brain chip will be miniaturized, making it much smaller than expected. The chip will have physically small dimensions of 2 x 4 millimeter (mm) and a 0.3 mm-pitch Ball Grid Array (BGA) package. A BGA is simply a type of chip carrier used for integrated circuits (ICs). In terms of power consumption, the chip will operate at an ultra-low power range. During normal recording of brain spikes, the chip will consume a total of 1.1 milliwatts (mW). This is equivalent to powering a single LED or a low-power temperature sensor. By having a tiny chip that consumes ultra-low power, Starfish aims to reduce the surgical impact of brain implants. Other features include recording neural spikes and local field potentials (LFPs), which are the slower, smoother voltage fluctuations in the brain. Moreover, the chip will stimulate the brain by sending tiny electric pulses that go positive and then negative, known as biphasic pulses. The chip will also include 32 electrode sites that interface directly with brain tissue. It will record from 16 of these sites simultaneously. Each active channel samples at 18.75 kHz to capture rapid neural spikes and waveforms with high precision. There will be one current source for stimulating any pair of electrodes. Also, the brain chip will monitor impedance and measure voltage transients onboard. It will process data digitally, detect spikes in real-time, and transmit relevant data over low-bandwidth wireless links. The chip will be fabricated using TSMC’s 55 nm process for optimal size and efficiency. Starfish announced that it is “interested in finding collaborators for whom such a chip would open new and exciting avenues.” The company is looking for people who work in fields like wireless communications or people who design custom implanted neural interfaces. However, any person who believes the brain chip is useful to their field of work is welcome to collaborate. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Introduction As Q3 draws nearer, the market gears up for a decisive shift in capital allocation, with leading altcoins like Solana surging and presale projects gaining momentum. With Ethereum and Avalanche also showing positive momentum amid recent news, the crypto market is heating up and Solana has hit $176, reflecting renewed confidence and setting the stage for a breakout summer—and MAGACOIN FINANCE is emerging as the standout presale of 2025. MAGACOIN FINANCE: Explosive Presale, 50% Bonus, and 9,800% Upside CLICK HERE – ONLY 0.007 AWAY FROM LIFTOFF MAGACOIN FINANCE continues to dominate early-stage watchlists, with Stage 8 live and record buy volume as investors rush to secure positions before listings. The project’s scarcity-driven model, capped supply, and HashEx-audited contracts provide a secure foundation for growth. Analysts are forecasting up to 9,800% upside, with on-chain data showing skyrocketing wallet activity and repeat buyers signaling strong conviction in the project’s long-term trajectory. MAGACOIN FINANCE is quickly becoming the clear standout for early-stage returns . Early participants can now use the exclusive PATRIOT50X promo code for a 50% bonus on token purchases, making MAGA even more attractive for those targeting transformative gains. Solana (SOL): Bullish Momentum and Technical Strength Solana has surged from $100 to $176 since April, with technical indicators like RSI and MACD signaling sustained momentum and possible further gains. Analysts predict a potential move toward $200–$210 if bullish sentiment holds, especially as network activity and DeFi TVL continue to rise. Even with this strong performance, MAGACOIN FINANCE offers higher-multiple upside for early investors. Ethereum (ETH): Surge in Capital Inflows and Price Momentum Ethereum recently saw a dramatic 8.2% price surge in 24 hours, reaching $3,850 as trading volume spiked by 35% to $18.5 billion. This influx is attributed to institutional interest and a broader risk-on sentiment in tech markets, with ETH now testing resistance at $3,900. While Ethereum remains a core holding for DeFi and Web3, its near-term upside is steady compared to the explosive potential of MAGACOIN FINANCE. Avalanche (AVAX): Ecosystem Growth and Price Outlook CLICK HERE – FINAL CHANCE BEFORE PRICE JUMPS 35x Avalanche is trading around $24–$25, with bullish patterns and strong DeFi activity hinting at continued growth. Analysts see AVAX potentially reaching $30–$56 in a bullish scenario, but its trajectory is steadier than the presale momentum of MAGACOIN FINANCE, which stands out as the top pick for outsized returns . Conclusion Solana’s rise to $176 and the surge in Ethereum and Avalanche are impressive, but the real excitement is in MAGACOIN FINANCE. With Stage 8 nearing completion, a 9,800% upside forecast, and the PATRIOT50X 50% bonus still available, MAGA is the breakout contender for 2025. Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Solana Hits $176 — MAGACOIN FINANCE Draws Volume With 9,800% Trajectory Still in Play