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DOJ grabbed $225M in crypto linked to fraud and laundering. One comment on HN, barely any buzz. Case details are thin but money's gone.

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Hurry! Only 48 hours left to grab your TechCrunch Disrupt 2025 ticket. Save up to $900 and get 90% off the second pass. Early Bird deals disappear after May 25 at 11:59 PM PT. Don’t miss your chance to join 10,000 tech innovators for less. Act fast before it’s gone.

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Play-to-earn crashed hard, showing how mixing games with money can backfire. Now, play-to-own steps in, focusing on lasting value instead of risky bets. It’s a smarter way to game.

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Musk got asked why he switched from loving Trump to criticizing him. He said the deficit's rising from $2T to $2.5T under Biden. That'll bankrupt the country.

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Supercomputers could soon use light, not electricity, to think. Two European teams showed lasers in ultra-thin fibers can do AI tasks. They're thousands of times faster than regular electronics. Not just speed—it nails image recognition in a trillionth of a second. This could change everything.

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Balancing game difficulty is tricky for devs. Some games turn out easier than intended. Lost in Random: The Eternal Die, a roguelike spin-off, faced this issue despite aiming for a tough challenge. Players control a regretful character in this adventure.

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Vitalik says Tornado Cash founder's trial starts in 10 days. Privacy tools like Signal are now widely used, even by governments. Hacks on centralized databases happen all the time. Better privacy in payments, ID, and AI isn't a trade-off—it's essential for security. Hope the US leads by making clear this work is welcomed. A safer, freer world with less data leaks starts here.

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Scientists made a system for smart buildings where AI devices talk directly to each other. No central servers mean no big data storage, cutting privacy risks. Cameras and gadgets work together without sharing sensitive info. It’s safer and keeps things private.

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So, the president's big law is basically hurting programs that were supporting green energy in states that typically vote Republican. It looks like Republicans aren't too concerned about it. Pretty straightforward, really.

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Crypto crime dropped to 0.4% of all transactions in 2024. Tron and USDT face stricter oversight now. Most crypto use stays clean despite the bad rep. Regulations seem to be working.

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Degen announced on X that DEGEN is now the default token for Farcaster mini-apps. They chose DEGEN over USDC or WETH to better engage the community. Last year, they airdropped over $100M worth of DEGEN to Farcaster users. More support for DEGEN is coming soon.

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Revolut's $45B IPO might be delayed, but its finances are firing up. Hit $1B net profit in 2024, with 52.5M users—a 38% jump. Revenue's climbing too.

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JD confirmed plans to launch a stablecoin, likely by early Q4 if regulators approve. Timing depends on getting the green light first. It'll be issued on a public blockchain, with full transparency on supply data. Anyone can check the details once live.

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Germany, France, UK, and EU diplomats will meet Iran’s foreign minister in Geneva for nuclear talks on Friday. Ministers will first gather at Germany’s consulate with the EU’s top diplomat, then hold joint talks with Iran. The plan was agreed with the US.

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Marc Andreessen says the AI race between the US and China feels like the Cold War. He notes most AI platforms are built in these two countries. Competition is intense. The rivalry could shape global tech dominance. No other players come close.

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Washington saw its biggest military parade in decades. Tanks and vehicles rolled through the streets, marking the Army’s 250th anniversary. Nearly 7,000 troops joined, coinciding with Trump’s 79th birthday. He got cheers, a 21-gun salute, and a crowd singing "Happy Birthday." Meanwhile, protests erupted nationwide. In D.C., marchers headed to the White House, demanding Trump’s removal. L.A. police used smoke or gas to disperse “No Kings” demonstrators.

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BTC steady, alts mixed. JP Morgan to back crypto ETF loans. $800m ETH stuck in queue. Hong Kong OKs crypto derivatives. California may grab unclaimed BTC. ETH Foundation shares treasury rules. Bluebird Mining adds BTC reserves. Whale scoops $320m ETH. K Wave raises $500m for BTC. Circle IPO hits $1.1b, 25x oversubscribed. China’s Webus eyes $300m for XRP. Moonpay gets NY license. Moscow Exchange rolls out BTC futures. Tune in to FOMO HOUR for daily crypto updates.

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Stripe's diving deeper into crypto. They just bought Privy, a crypto wallet infrastructure company. This move shows their growing interest in the crypto space. They're expanding their services to include more crypto-related features. It's a big step for Stripe.

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Hurry! Prices rise in 3 days. Save up to $900 on TechCrunch Disrupt tickets by May 25. Bring a friend — get their pass for 90% off. Deals won’t last.

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BTC hit a record weekly close at $106.5k after touching $107.1k. US Senate might vote on the GENIUS Act soon. Institutions like Basel and Metaplanet are buying big BTC. Fed and BIS testing smart contracts. Alt season expected summer or early Q3. DeFi Development Corp surged 75% post-BONK collab. Former Celsius CEO jailed for 12 years. MetaMask adds SOL support, Phantom launches PSOL. UK wants crypto firms to report user data. FOMO HOUR covers crypto news daily.

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