Insightful Data Blob of Cryptocurrencies

Crypto.com has unlocked a major milestone in Europe, a license that allows it to offer derivatives and securities within the European Economic Area (EEA.) The company shared on Wednesday, May 21, that it has secured a Markets in Financial Instruments Directive (MiFID) license after receiving regulatory go-ahead for its acquisition of Cyprus-based investment firm A.N. The post Crypto.com Approved to Provide Crypto Derivatives to EU Users appeared first on CoinGape.

Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning.According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with onchain analytics, feature engineering and behavioral context.” The new tool purportedly has a success score of 97%, tested across known attack cases. “Address poisoning is one of the most underreported yet costly scams in crypto, and it preys on the simplest assumption: That what you see is what you get,” said Webacy co-founder Maika Isogawa.Address poisoning detection infographic. Source: Trugard and WebacyCrypto address poisoning is a scam where attackers send small amounts of cryptocurrency from a wallet address that closely resembles a target’s real address, often with the same starting and ending characters. The goal is to trick the user into accidentally copying and reusing the attacker’s address in future transactions, resulting in lost funds.The technique exploits how users often rely on partial address matching or clipboard history when sending crypto. A January 2025 study found that over 270 million poisoning attempts occurred on BNB Chain and Ethereum between July 1, 2022, and June 30, 2024. Of those, 6,000 attempts were successful, leading to losses over $83 million.Related: What are address poisoning attacks in crypto and how to avoid them?Web2 security in a Web3 worldTrugard chief technology officer Jeremiah O’Connor told Cointelegraph that the team brings deep cybersecurity expertise from the Web2 world, which they’ve been “applying to Web3 data since the early days of crypto.” The team is applying its experience with algorithmic feature engineering from traditional systems to Web3. He added:“Most existing Web3 attack detection systems rely on static rules or basic transaction filtering. These methods often fall behind evolving attacker tactics, techniques, and procedures.“The newly developed system instead leverages machine learning to create a system that learns and adapts to address poisoning attacks. O’Connor highlighted that what sets their system apart is “its emphasis on context and pattern recognition.” Isogawa explained that “AI can detect patterns often beyond the reach of human analysis.”Related: Jameson Lopp sounds alarm on Bitcoin address poisoning attacksThe machine learning approachO’Connor said Trugard generated synthetic training data for the AI to simulate various attack patterns. Then the model was trained through supervised learning, a type of machine learning where a model is trained on labeled data, including input variables and the correct output.In such a setup, the goal is for the model to learn the relationship between inputs and outputs to predict the correct output for new, unseen inputs. Common examples include spam detection, image classification and price prediction.O’Connor said the model is also updated by training it on new data as new strategies emerge. “To top it off, we’ve built a synthetic data generation layer that lets us continuously test the model against simulated poisoning scenarios,” he said. “This has proven incredibly effective in helping the model generalize and stay robust over time.“Magazine: Crypto-Sec: Phishing scammer goes after Hedera users, address poisoner gets $70K

Canary Capital has filed an amended version of its Solana ETF with the US Securities and Exchange Commission (SEC) to improve the fund’s offerings. As part of the amendment, the asset manager has updated the ETF’s name to reflect its new partnership with Marinade Finance for SOL staking. Canary Capital Files Amended Solana ETF Prospectus The post Breaking: Canary Capital Amends Solana ETF Filing To Include SOL Staking appeared first on CoinGape.

The insider-linked data leak at Coinbase highlights the critical need for robust internal security measures and could lead to increased regulatory scrutiny. The post Coinbase discloses over 69,000 users affected by insider-linked data leak appeared first on Crypto Briefing.

Trading does grant excitement to earning money but functioning into a universe where errors could be costly. The learning curve might get steep, irrespective of choosing between trading stocks and futures or diving headfirst into the heads and tails fast-lane world of day trading. In reality, without proper guidance, you end up making crippling mistakes The post Trading Mentorship – How It Can Help You Avoid Costly Mistakes appeared first on CoinGape.

Mitroplus Labs said its founder was forced to send crypto from multiple wallets by men impersonating military officers.

Earlier today, Solana announced Alpenglow, a major protocol upgrade designed to improve transaction speed and network efficiency. Unveiled by infrastructure firm Anza, a Solana Labs spinout, the new protocol aims to replace Solana’s current consensus mechanisms with a redesigned system. But the crypto community is curious: will it be as successful as the ETH Pectra The post Can Solana’s Alpenglow Protocol Outshine Ethereum’s Pectra Upgrade? appeared first on CoinGape.

As US President Donald Trump and his family increase their engagement in digital assets, the cryptocurrency globe is abuzz with debate over transparency, regulatory control, and possible corruption. Their projects comprise two popular meme coins, $TRUMP and $MELANIA, a token-issuing exchange named World Liberty Financial, and American Bitcoin, a crypto mining company slated to go The post Blockchain at a Crossroads: Trump’s Controversial Crypto Push vs. Graphite Network’s Transparent Future appeared first on CoinGape.

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote on May 20 and is now heading to a debate on the Senate floor.The bill seeks to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.Related: German gov’t missed out on $2.3B profit after selling Bitcoin at $57K“This act doesn’t just regulate stablecoins, it legitimizes them,” said Andrei Grachev, managing partner at DWF Labs and Falcon Finance.“It sets clear rules, and with clarity comes confidence. That’s what institutions have been waiting for,” Grachev told Cointelegraph during the Chain Reaction daily X spaces show on May 20, adding:“Stablecoins aren’t a crypto experiment anymore. They’re a better form of money. Faster, simpler, and more transparent than fiat. It’s only a matter of time before they become the default.”Source: CointelegraphSenate bill seen as path to unified digital systemThe GENIUS Act may be the “first step” toward establishing a “unified digital financial system which is borderless, programmable and efficient,” Grachev said, adding:“When the US moves on stablecoin policy, the world watches.”Republican Senator Cynthia Lummis, a co-sponsor of the bill, also pointed to Memorial Day as a “fair target” for its potential passage. Grachev said regulatory clarity alone will not drive institutional adoption. Products offering stable and predictable yield will also be necessary. Falcon Finance is currently developing a synthetic yield-bearing dollar product designed for this market, he noted.Yield-bearing stablecoins issuance. Source: PendleYield-bearing stablecoins now represent 4.5% of the total stablecoin market after rising to $11 billion in total circulation, Cointelegraph reported on May 21.Related: Stablecoins seen as ideal fit for real-time collateral managementGENIUS Act regulatory gaps don’t address offshore stablecoin issuersDespite broad support for the GENIUS Act, some critics say the legislation does not go far enough. Vugar Usi Zade, the chief operating officer at Bitget exchange, told Cointelegraph that “the bill doesn’t fully address offshore stablecoin issuers like Tether, which continue to play an outsized role in global liquidity.”He added that US-based issuers will now face “steeper costs,” likely accelerating consolidation across the market and favoring well-resourced players who can meet the new thresholds.Still, Zade acknowledged that the legislation could bring greater “stability” to regulated offerings, depending on how it is ultimately worded and enforced. Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote on May 20 and is now heading to a debate on the Senate floor.The bill seeks to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.Related: German gov’t missed out on $2.3B profit after selling Bitcoin at $57K“This act doesn’t just regulate stablecoins, it legitimizes them,” said Andrei Grachev, managing partner at DWF Labs and Falcon Finance.“It sets clear rules, and with clarity comes confidence. That’s what institutions have been waiting for,” Grachev told Cointelegraph during the Chain Reaction daily X spaces show on May 20, adding:“Stablecoins aren’t a crypto experiment anymore. They’re a better form of money. Faster, simpler, and more transparent than fiat. It’s only a matter of time before they become the default.”Source: CointelegraphSenate bill seen as path to unified digital systemThe GENIUS Act may be the “first step” toward establishing a “unified digital financial system which is borderless, programmable and efficient,” Grachev said, adding:“When the US moves on stablecoin policy, the world watches.”Republican Senator Cynthia Lummis, a co-sponsor of the bill, also pointed to Memorial Day as a “fair target” for its potential passage. Grachev said regulatory clarity alone will not drive institutional adoption. Products offering stable and predictable yield will also be necessary. Falcon Finance is currently developing a synthetic yield-bearing dollar product designed for this market, he noted.Yield-bearing stablecoins issuance. Source: PendleYield-bearing stablecoins now represent 4.5% of the total stablecoin market after rising to $11 billion in total circulation, Cointelegraph reported on May 21.Related: Stablecoins seen as ideal fit for real-time collateral managementGENIUS Act regulatory gaps don’t address offshore stablecoin issuersDespite broad support for the GENIUS Act, some critics say the legislation does not go far enough. Vugar Usi Zade, the chief operating officer at Bitget exchange, told Cointelegraph that “the bill doesn’t fully address offshore stablecoin issuers like Tether, which continue to play an outsized role in global liquidity.”He added that US-based issuers will now face “steeper costs,” likely accelerating consolidation across the market and favoring well-resourced players that can meet the new thresholds.Still, Zade acknowledged that the legislation could bring greater “stability” to regulated offerings, depending on how it is ultimately worded and enforced. Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight