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May 19, 2025
Weekly Crypto Roundup: Key Developments in Bitcoin, Ethereum, and Security Breaches
By: Eliza Bennet
Coinbase Faces Challenges Amid SEC Probe and Security Breach
: Coinbase is under scrutiny from the SEC and dealing with a data breach, impacting its claim of 100 million verified users.
Bitcoin Surges Amid US-China Trade Deal Developments
: Bitcoin's price sees a substantial boost due to positive trade negotiations between the US and China.
Ethereum Futures Surge as ETH Price Maintains Strength Above $2,000
: Ethereum records a significant increase in futures interest as its price holds above a crucial psychological level.
Curve Finance Faces New DNS Hijacking Attack
: DeFi platform Curve Finance experiences another DNS hijacking, alarming users with security concerns.
Metaplanet Surpasses El Salvador in Bitcoin Holdings
: The Japanese firm Metaplanet surpasses El Salvador in its Bitcoin holdings, amassing over 6,796 BTC.
Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs
: A significant ownership shift occurs as the CryptoPunks IP changes hands from Yuga Labs to Infinite Node Foundation.
France Intensifies Security Amid Rising Crypto Kidnappings
: The French government steps up security measures in response to an uptick in crypto-related kidnappings.
US Lawmakers Push Back on Unrealized Crypto Gains Tax
: Senators Lummis and Moreno advocate against taxing unrealized crypto gains, urging a reevaluation of digital asset policies.
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