Curve Finance has warned users not to interact with its website after a domain name system hijack redirected users to a malicious clone designed to drain wallets. On May 12, the DeFi platform issued a warning on X, alerting users…

Curve Finance battles DNS hijack days after X account breach

Bitcoin price may be on the verge of a big breakout to its all-time high, and 
analysts from Fundstrat, Ark Invest, Standard Chartered, and BlackRock expect 
it to keep rising in the coming years. One key theme among most analysts…

Bitcoin price target if its market cap matched that of gold

Robinhood Markets, Inc. announced Tuesday it will acquire Canadian 
cryptocurrency firm Wonderfi Technologies Inc. for C$250 million (US$178.98 
million), expanding its international footprint in the rapidly growing digital 
asset sector. Canadian Crypto Leader WonderFi Sold to Robinhood in All-Cash 
Transaction The all-cash transaction offers Wonderfi shareholders C$0.36 per 
common share, representing a 41% premium to […]

Robinhood to Acquire Canadian Crypto Firm Wonderfi for $179 Million

Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto 
firm, for approximately 250 million Canadian dollars ($179 million) in an all- 
cash deal to expand its global presence.
The acquisition is expected to close in the second half of 2025, Robinhood 
said in a May 13 press release.
WonderFi operates two of Canada&#8217;s longest-standing regulated crypto trading 
platforms, Bitbuy and Coinsquare, managing over 2.1 billion Canadian dollars 
in assets under custody. These platforms offer crypto trading, staking and 
custody services.
&#8220;WonderFi has built a formidable family of brands serving beginner and 
advanced crypto users alike, making them an ideal partner to accelerate 
Robinhood&#8217;s mission in Canada,&#8221; said Johann Kerbrat, senior vice president and 
general manager of Robinhood Crypto.
Under the terms of the deal, Robinhood will acquire all outstanding WonderFi 
shares at 0.36 Canadian dollars per share &#8212; a 41% premium over WonderFi&#8217;s 
last closing price on the Toronto Stock Exchange and a 71% premium over its 
30-day volume-weighted average price.
Before the deal, WonderFi&#8217;s market cap was 163.9 million Canadian dollars, and 
its stock was down 13.6% year-to-date on the Toronto Stock Exchange.
The deal remains subject to customary closing conditions, including regulatory 
and court approvals, as well as approval by WonderFi&#8217;s shareholders.
_Source:__Robinhood_
 _**Related:**__**Robinhood beats Q1 estimates despite revenue, crypto trading 
dip**_
## Crypto M&amp;A frenzy picks up
Robinhood&#8217;s $179 million acquisition of WonderFi is part of a broader wave of 
crypto industry mergers and acquisitions (M&amp;As) in 2025, spurred by friendlier 
US regulations under President Donald Trump.
Major deals this year include Coinbase&#8217;s $2.9 billion purchase of Deribit and 
Ripple&#8217;s $1.25 billion acquisition of Hidden Road.
Furthermore, on May 2, Kraken completed its acquisition of the futures trading 
platform NinjaTrader, a move that would expand the exchange&#8217;s customer base 
and enable it to offer crypto futures and derivatives in the US.
Robinhood has also been on a buying spree. In 2024, the brokerage firm 
acquired Bitstamp cryptocurrency exchange in a $200 million deal, enabling the 
app to serve institutional clients in the United States.
On May 7, it was also reported that Robinhood is developing a blockchain 
network enabling European retail investors to trade US securities.
Notably, WonderFi saw strong performance in 2024, processing 3.57 Canadian 
dollars billion in trading volume, a 28% increase from the previous year.
_**Magazine:**__**Bitcoin eyes &#8216;crazy numbers,&#8217; JD Vance set for Bitcoin talk: 
Hodler&#8217;s Digest, May 4 &#8211; 10**_

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push

**Key takeaways** :
 * XRP price has risen 55% since April and is now flashing bullish continuation signals.
 * Whale flows have flipped positive for the first time since November 2024, historically signaling trend reversals.
 * A falling wedge breakout projects 40% gains ahead, but $2.80 may act as interim resistance.
XRP (XRP) has bounced by more than 55% since forming a local bottom at around 
$1.61 in April. It now signals a further price surge owing to bullish 
technical patterns and onchain data.
_XRP/USD daily price chart. Source: TradingView_
## XRP&#8217;s whale flows mirror 2024 price boom
XRP whale wallets (addresses holding large amounts of XRP) have been 
aggressively reducing their holdings since November 2024, according to data 
resource CryptoQuant.
_XRP whale flow 30-day moving average vs. price. Source: CryptoQuant_
The trend pushed net flows deep into negative territory, preceding the sharp 
correction in XRP&#8217;s price from above $3.55 to under $2.00.
As of mid-May 2025, however, the trend has reversed.
Whale outflows have been slowing down, turning the 90-day moving average of 
net flows positive. In the past, most instances where whale flows turned 
positive after a prolonged negative trend has marked major bottoms or trend 
reversals.
A notable example is XRP&#8217;s rally from around $0.43 in July 2024 to $3.55 in 
January 2025, or around 400% gains, which began as whale outflows slowed and 
eventually flipped to net inflows.
## XRP price technical breakout targets $3.45
XRP price technicals show it breaking out of a multimonth falling wedge 
pattern on the 3-day chart, typically viewed as a bullish reversal setup.
The wedge, formed between December 2024 and early May 2025, had been 
compressing price action while volume declined, a classic sign of 
accumulation.
_XRP/USD three-day price chart. Source: TradingView_
The breakout occurred in early May near the $2.25 level, just above the 
50-period exponential moving average (EMA), which now acts as key support. 
Based on the wedge&#8217;s height, the breakout projects a price target near $3.45, 
around 40% above current levels.
_**Related:**__**Can XRP price reach $4 in May? Analysts are watching these 
key levels**_
XRP&#8217;s relative strength index (RSI) also supports the bullish case, bouncing 
back above 57 and showing renewed buying momentum.
The move may not be a straight shot to the target, however. Analyst Mags 
highlights a key resistance near $2.80 that could temporarily cap XRP&#8217;s 
upside.
_Source: X/__Mags_
In the near term, XRP may consolidate above its 50-day EMA, particularly as 
whale inflows often signal the start of an accumulation phase before a 
stronger price breakout.
&#8220;The pace of outflows is slowing, and the bars are curling upward,&#8221; wrote 
Kripto Mavsimi, an analyst associated with CryptoQuant, adding:
&gt; &#8220;It&#8217;s not full reversal yet &#8212; but it&#8217;s the first real sign of stabilization 
&gt; in months.&#8221;
Such a base-building period would be a healthy development if consistent with 
how previous whale-driven rallies have unfolded.
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

History rhymes? XRP price gained 400% the last time whale flows flipped

Web3 and privacy-focused web browser Brave Browser has integrated the Cardano 
blockchain into its native and standalone wallets.
According to a May 12 announcement, the integration stems from a partnership 
between Brave Browser and Cardano development firm Input Output. Together, the 
two firms &#8220;will integrate Cardano into the Brave Wallet, enabling Cardano 
blockchain access and token management.&#8221; Brendan Eich, co-founder and CEO of 
Brave and the Basic Attention Token (BAT), said:
&gt; &#8220;Integrating Cardano into Brave Wallet not only expands multi-chain access, 
&gt; but also enhances security, governance participation, and the overall user 
&gt; experience.&#8221;
Eich explained that Brave focuses on maximizing user choice while providing 
tools to engage with decentralized ecosystems. With this integration, users of 
the Web3 browser and standalone wallet will gain direct access to Cardano&#8217;s 
blockchain without leaving the interfaces.
Brave had not responded to Cointelegraph&#8217;s request for comment by publication.
_**Related:**__**Charles Hoskinson says he &#8216;knew nothing&#8217; of ADA being 
selected for US reserve**_
## Brave browser keeps expanding
Brave already supports the Ethereum and Solana blockchains. The announcement 
explicitly cites Midnight (NIGHT) as an ecosystem that would benefit from the 
support:
&gt; &#8220;The partnership also sets the stage for future innovation around engagement with Cardano&#8217;s governance and Midnight, a blockchain developed by Shielded Technologies, an Input | Output spinout focused on confidential smart contracts and data protection.&#8221;
Midnight is a privacy-focused Cardano sidechain. Input Output CEO Charles 
Hoskinson also recently suggested that the network could also enable free 
transactions for non-fungible token (NFT) ticket holders.
Hoskinson explained that users would be given NFTs on sign-up, which would 
then give them the right to a certain number of transactions per day. This, he 
explained, would allow for use cases resembling those of the Web2 model:
&gt; &#8220;Then all of a sudden you have the entire Web2 business model: you can have 
&gt; free accounts and free apps for people to use and they&#8217;re using crypto 
&gt; infrastructure but they don&#8217;t have to have a token.&#8221;
_Source:__Mintern_
 _**Related:**__**Is Cardano (ADA) a &#8220;zombie crypto&#8221;?**_
## The first collaboration in a long-term partnership
The announcement hints at more future developments sprouting from the newly 
formed partnership between Brave Browser and Input Output. The post notes that 
the collaboration &#8220;sets the stage for future innovation around engagement with 
Cardano&#8217;s governance and Midnight.&#8221;
Eran Barak, the CEO of Midnight, told Cointelegraph in February that 
transparency, one of blockchain&#8217;s biggest selling points, also hinders 
widespread adoption and applications in fields like business and medicine. He 
explained that metadata allows individuals to be identified and tracked, 
hindering blockchain adoption.
The development of Midnight follows the team behind the Cardano ecosystem 
announcing a software toolkit allowing developers to deploy custom-built 
sidechains in early 2023.
_**Magazine:**__**Charles Hoskinson, Cardano and Ethereum &#8211; for the record**_