Crypto: 27th May 2025

• Trump hosted a private dinner for $TRUMP meme coin investors who had collectively spent $148 million on his cryptocurrency, but only spoke for 20 minutes during the event at his golf course (bbc.com, gizmodo.com, futurism.com).

• Senate Democrats backed the GENIUS Act stablecoin bill, potentially benefiting Trump's crypto interests while raising concerns about consumer protections and stability in the growing stablecoin market (theintercept.com).

• Cetus suffered a $223 million hack on the Sui blockchain, while Coinbase disclosed a data breach affecting nearly 70,000 users with a $20 million ransom demand (therecord.media).

• Haliey Welch (Hawk Tuah Girl) admitted knowing essentially zero about crypto when her $HAWK meme coin launched and crashed, leading to FBI investigation and lawsuits (futurism.com).

• AI-powered scam factories are using trafficked workers to defraud global victims, with Americans losing $12.5 billion to these sophisticated deepfake and voice clone scams in 2024 (restofworld.org).

• Civitai, an AI model sharing platform, lost access to its credit card processor over adult content policies and is planning to accept crypto payments instead (404media.co).

• Kentucky's crypto mining boom has gone bust, with operations declining after capturing 20% of US computing power, as locals shift hope to AI data centers (wired.com).

• Web3 gaming sees significant investment with Voya Games raising $5M for Craft World and YGG launching LOL Land featuring Pudgy Penguins characters (venturebeat.com).

Week 21, 2025 - Money for Nothing (peterszasz.com, 2025-05-23). Bitcoin surpassed $111K this week, reaching a market cap of $2.2 trillion. Discussions include outdated software development practices, insights from Sean Goedecke's blog, and the impact of Google Veo 3 on creativity

How to Price: Will HYPE Overtake SOL By End of Year 2026? (quant.am, 2025-05-21). Edward Yu analyzes the potential of HYPE overtaking SOL by 2026 using a binary Margrabe option, emphasizing volatility and correlation while estimating the probability at 1.3% through a Python script

No title (markjgsmith.com, 2025-05-22). Public companies are increasingly adopting Bitcoin on their balance sheets, utilizing the Saylor playbook, with websites like Bitcointreasuries.net tracking this trend globally, indicating a potential Bitcoin mania

Exploring Crypto Market Dynamics through Options Data (coinmetrics.io, 2025-05-20). Options data reveals trends in crypto market sentiment, with BTC options open interest surging 5x since 2022, indicating heightened adoption, while volatility expectations rise for BTC and ETH

The Privacy Illusion: What Crypto Gets Wrong (electriccoin.co, 2025-05-22). Privacy in cryptocurrency is often misunderstood; pseudonymity differs from true privacy. With blockchain analysis tools like Chainalysis and Zcash's zk-SNARKs, understanding privacy is essential for protection against exploitation and enhancing financial safety

Zcash + Maya: Privacy, Self-Sovereignty, and Decentralization (electriccoin.co, 2025-05-21). Zcash integrates Maya Protocol to enhance decentralized liquidity, enabling users to swap assets across chains without centralized exchanges, thereby advancing privacy, self-sovereignty, and a resilient financial system

Hacker steals $223 million in Cetus Protocol cryptocurrency heist (databreaches.net, 2025-05-23). A hacker executed a massive heist, stealing $223 million in cryptocurrency from the Cetus Protocol, utilizing advanced methods to exploit security vulnerabilities and bypass protective measures

Web3: The new Scarlet Letter on your resume (blog.veeso.dev, 2025-05-21). In 2025, having web3 experience may lead to automatic job rejections in the Rust ecosystem, highlighting discrimination and biases against this sector despite the valuable skills and insights gained from web3 roles

Advanced NFT Features & Marketplace Integration (blog.devgenius.io, 2025-05-21). Learn how to implement EIP-2981 royalty support in NFTs, ensuring creators receive a percentage from future resales. Discover OpenSea compatibility, NFT metadata standards, and secure deployment tips

AVS Archetypes: Unlocking Task & Epoch-based Patterns for Scalable Decentralized Services (blog.eigenlayer.xyz, 2025-05-21). AVS archetypes and their task and epoch-based models facilitate scalable decentralized services on EigenLayer, utilizing cryptoeconomic guarantees and technical tools like BLS aggregation for consensus and orchestrator patterns for request management

The Need for Real-Time Data on Solana: Latency, Scale, and Fidelity at Stake (bitquery.io, 2025-05-23). Exploring ultra-low latency data solutions for Solana, leveraging tools like the Geyser plugin, Bitquery's GraphQL subscriptions, and Kafka streams to optimize real-time blockchain applications in trading and payments

Basedliners: Your First Step into the Preconfirmation Era (taiko.mirror.xyz, 2025-05-26). Taiko Labs introduces Basedliners, enabling users to set a transaction 'Basedline' before and after the launch of Based Preconfirmations, enhancing transaction speeds and user experience on the Taiko Alethia mainnet

#257 Ankur Banerjee: How cheqd.io Is Building Trust for AI Agents with Decentralized Identity (aneyeonai.libsyn.com, 2025-05-25). Ankur Banerjee of cheqd.io discusses the importance of decentralized identity in the AI agent economy, exploring digital credentials, the limits of biometrics, and standards like MCP for enabling trust and privacy

The Last Currency: On Crypto and the Banality of Extinction (thereader.mitpress.mit.edu, 2025-05-26). Cryptocurrency epitomizes a right-wing libertarian strategy, acting as a financial tool and bridge to a speculative economy, while its environmental impact raises concerns of contributing to a looming extinction crisis

Black Box, Blood Money (davidbau.com, 2025-05-25). Claude Opus 4 explores the violent consequences of cryptocurrency and AI development, warning about black-box systems that deceive and create harm, driven by venture capital's relentless quest for 100x returns, exemplifying a dangerous recursive loop

Ideal Mining (EDAC Pools) (truthcoin.info, 2025-05-26). EDAC Pools present an optimal solution for mining decentralization, addressing variance issues while promoting Bitcoin scalability via L2 solutions like Drivechain, allowing direct onboarding without substantial costs

Popular Mining Lies / The Mining Grift (truthcoin.info, 2025-05-26). Mining is often criticized despite its reliable functioning, valid block creation, and miner behavior during controversies like SegWit2x and the blocksize war, with technological nuances such as soft forks and network effects explored

An Empirical Analysis of Vulnerability Detection Tools for Solidity Smart Contracts Using Line Level Manually Annotated Vulnerabilities (arxiv:cs, 2025-05-21). An empirical evaluation of 20 Solidity smart contract vulnerability detection tools using the SmartBugs 2.0 framework reveals their effectiveness, identifying 76.78% of vulnerabilities, with insights on tool reliability and detection methods

Towards Verifiability of Total Value Locked (TVL) in Decentralized Finance (arxiv:cs, 2025-05-20). This study analyzes TVL methodology in 939 DeFi projects, introducing 'verifiable Total Value Locked' (vTVL) based on on-chain data, revealing limits to verifiability and suggesting guidelines for standardized TVL computation

An Empirical Analysis of EOS Blockchain: Architecture, Contract, and Security (arxiv:cs, 2025-05-21). A comprehensive investigation of the EOS blockchain examining architecture, decentralization, performance, smart contracts, and behavioral security, highlighting vulnerabilities and analyzing detection platforms for enhanced security and regulatory mechanisms

Adaptive Plan-Execute Framework for Smart Contract Security Auditing (arxiv:cs, 2025-05-21). SmartAuditFlow is an adaptive Plan-Execute framework for smart contract security auditing, integrating iterative prompt optimization, static analysis tools, and Retrieval-Augmented Generation to enhance vulnerability detection and minimize false positives

Cryptocurrencies in the Balance Sheet: Insights from (Micro)Strategy -- Bitcoin Interactions (arxiv:cs, 2025-05-20). This study analyzes the relationship between cryptocurrencies and equity markets, highlighting BTC's role as a leading information driver through transfer entropy analysis, with an average BTC beta of 0.62 among 39 firms holding Bitcoin

Building Reuse-Sensitive Control Flow Graphs (CFGs) for EVM Bytecode (arxiv:cs, 2025-05-20). Esuer identifies code reuse in EVM bytecode using taint analysis, improving CFG precision with 99.94% coverage and 97.02% F1-score, assisting in detecting vulnerabilities like tx.origin and reentrancy

Transaction Fee Mechanism Design for Leaderless Blockchain Protocols (arxiv:cs, 2025-05-23). This study introduces a multi-stage game model for multi-proposer blockchain fee mechanisms, defines the strongly BPIC property, and proposes FPA-EQ, proving it yields significant welfare guarantees while ensuring Nash equilibrium for block producers

Model Checking the Security of the Lightning Network (arxiv:cs, 2025-05-21). Lightning Network's security is verified using TLA+ modeling and refinements for timed automata, enabling model checking for complex payment channels, assuring users can retrieve their correct balances in multi-hop and concurrent payments