May 2025

Ripple Eyes $20B Circle Takeover

Ripple’s M&A appetite is ballooning almost as fast as the stablecoin market it hopes to dominate. Bloomberg sources say the San Francisco‑based payments company has quietly upped its offer for Circle Internet Financial—issuer of USDC—from an initial $5 billion to north of $20 billion. If consummated, the deal would hand Ripple the keys to the industry’s second‑largest stablecoin […]

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Goldman Eyes Crypto Lending, Tokenization Push

Goldman Sachs is quietly writing its next Wall Street playbook—and blockchains sit at the centre of the page. Speaking at TOKEN2049 Singapore, Mathew McDermott, the bank’s global head of digital assets, confirmed that Goldman plans to launch crypto‑lending facilities and double down on tokenization over the next 18 months. McDermott, who steered Goldman’s first Bitcoin‑backed loan in 2022,

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Google Wallet Rolls Out Zero‑Knowledge Age Checks

Google just too a decisive step toward mainstreaming privacy‑preserving cryptography. In a Wednesday update, the tech giant revealed that Google Wallet now supports zero‑knowledge proofs (ZKPs) for age verification, letting users confirm they’re over 18 without disclosing their name, birth date or any other identifying detail. The feature debuts in the United Kingdom and across an

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Kuwait Pulls Plug on Crypto Mining

For years, Kuwait’s ultralow power prices—about $0.029 per kWh—made the desert state a sleeper paradise for proof‑of‑work miners. What began as hobby rigs humming in hot apartments soon grew into warehouse‑scale farms, drawing a steady stream of ASICs from China and Russia after those nations clamped down.Yet on 1 May, Kuwait’s Ministry of Interior flipped the script, sending inspection

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Freight Tech Bets $20M on TRUMP

Freight Technologies Inc. (Fr8Tech), a Nasdaq‑listed logistics firm that shepherds freight across the United States–Mexico border, just took an unlikely detour into crypto politics. In an April‑30 filing the company said it will raise up to $20 million in fresh equity and convert the proceeds into TRUMP, the Solana‑based meme coin endorsed by President Donald Trump.

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Kazakhstan Plans Regulated Crypto Banks

Kazakhstan’s government is drafting legislation that could turn the country’s fledgling digital-asset hub into a full-scale banking laboratory for crypto. Prime Minister Olzhas Bektenov told lawmakers on Apr. 25 that the next round of amendments to the Digital Assets Law will open the door for “crypto banks”— regulated institutions authorised to custody, exchange and settle

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2025’s Wave of Dead Tokens Shocks Crypto

When the market woke up to CoinGecko’s latest industry snapshot, even veterans took a breath. The research platform counted 1.8 million tokens that flat-lined in the first three months of 2025—an eye-watering figure equal to 49.7% of every project failure recorded since 2021. In other words, half the graveyard appeared in just one quarter. CoinGecko’s

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US-Ukraine Minerals Pact Fuels Post-War Rebuild

When Treasury Secretary Scott Bessent and Ukraine’s First Deputy Prime Minister Yulia Svyrydenko put pen to paper in Washington this week, they did more than sign another bilateral memorandum. They unlocked a roadmap that could both bankroll Kyiv’s post-war recovery and recalibrate the global supply chain for critical minerals. Under the minerals-for-aid accord, the United

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