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Solana vs Ethereum in 2025 💥

Group of Seven (G7) leaders could discuss North Korea&#8217;s escalating 
cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next 
month.
Conflicts in Ukraine and Gaza will dominate discussions, but North Korea&#8217;s 
increasing cyber threats and crypto hacks have become a major concern 
requiring a coordinated international response, Bloomberg reported on May 7, 
citing people familiar with the plans.
The people said North Korea&#8217;s nefarious cyber operations are alarming, as the 
stolen crypto has become a key funding source for the regime and its programs.
North Korean-affiliated hacking groups such as the Lazarus Group have already 
stolen billions of dollars worth of crypto this year, including pulling off 
the $1.4 billion hack on Bybit in February, the largest ever for the crypto 
industry.
North Korean-linked hackers also stole more than $1.3 billion through 47 
crypto heists during 2024, according to blockchain analytics firm Chainalysis. 
The US, Japan and South Korea warned in January that North Korea also deployed 
tech workers to infiltrate crypto companies as insider threats.
_North Korea &#8216;s crypto-related hacking activity by year. Source: 
__Chainalysis_
North Korean &#8220;information technology (IT) workers also present an insider 
threat to private sector partners,&#8221; the statement read.
The illicit proceeds from these high-profile hacks have helped the hermit 
kingdom circumvent international sanctions and fund its weapons development 
programs, according to a US Treasury report in September.
_**Related:**__**North Korean crypto attacks rising in sophistication, actors 
&#8212; Paradigm**_
In April, a group affiliated with Lazarus set up three shell companies, with 
two in the US, to deliver malware to unsuspecting users and scam crypto 
developers.
## Infiltrating crypto companies
Earlier this month, crypto exchange Kraken detailed how it foiled an attempt 
by a North Korean hacker to infiltrate its organization.
Kraken&#8217;s chief security officer, Nick Percoco, conducted trap identity 
verification tests that the candidate failed, confirming the deception.
Cyber threat intelligence expert at Telefonica and blockchain security 
researcher, Heiner Garcia, also uncovered how North Korean operatives secured 
freelance work online.
In February, Garcia invited Cointelegraph to take part in a dummy job 
interview he had set up with a suspected North Korean operative, who 
accidentally shared details that linked him to the nation&#8217;s crypto scams.
_**Magazine:**__**Bitcoin to $1M &#8216;by 2029,&#8217; CIA tips its hat to Bitcoin: 
Hodler&#8217;s Digest**_

G7 summit could discuss North Korea’s crypto hacks: Report

Oregon&#8217;s legal framework for digital assets could enhance clarity and security 
in digital commerce, potentially boosting economic innovation.
The post Oregon passes bill to establish legal control standards for digital 
assets appeared first on Crypto Briefing.

Oregon passes bill to establish legal control standards for digital assets

Speculation around a possible Pi Network listing on Binance has picked up 
again after users spotted activity involving a wallet connected to the 
exchange. On May 7 onchain analyst Moon Jeff reported on X that small amounts 
of Pi Coin…

Is Binance listing Pi Network soon? Wallet activity sparks rumors ahead of planned May 14 ecosystem update

Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a 
new all-time high as US President Donald Trump is set to announce a trade deal 
with the UK.
Trump said in a May 7 Truth Social post that a &#8220;major trade deal&#8221; with a &#8220;big, 
and highly respected, country&#8221; would be announced on May 8, which The New York 
Times reported would be the UK, citing three people familiar with the plans.
## Bitcoin inches toward $100,000
When Trump published his post, Bitcoin (BTC) was trading at around $97,759 and 
has since crept up closer to the psychological $100,000 price level to trade 
at $99,140 at the time of publication, according to CoinMarketCap data.
_Bitcoin is trading at $99,140 at the time of publication. 
Source:__CoinMarketCap_
Several Bitcoiners are crediting the rally toward $100,000 to speculation 
surrounding the trade deal.
FOMO21 co-founder Neil Jacobs said on X that the Bitcoin rally was primarily 
due to Trump&#8217;s announcement.
Crypto entrepreneur Anthony Pompliano said the incoming trade deal &#8220;means odds 
are increasing we hit new all-time highs in 2025.&#8221;
Bitcoin reached its current all-time high of $109,000 on Jan. 20, just hours 
before Trump&#8217;s inauguration.
Pandora CEO Sahib Anandsongvit said that he &#8220;can&#8217;t stop to think&#8221; how Bitcoin 
was $80,000 only a few weeks ago before pointing out Bitcoin&#8217;s $98,000 price 
at the time of the post and reiterating Trump&#8217;s looming trade deal. Bitcoin 
last traded at the $80,000 price level on April 11 and only reclaimed $90,000 
on April 22.
_**Related:**__**Bitcoin returns to $98K as Fed holds rates steady despite 
Trump &#8216;s demand**_
Trump&#8217;s post came just hours after the US Federal Reserve announced that it 
would keep interest rates at 4.25% to 4.50% despite mounting pressure from 
Trump to lower interest rates.
Bitcoin has not hit $100,000 since Feb. 1 after Trump proposed import tariffs 
on China, Canada and Mexico. Meanwhile, crypto market participants appear to 
be more bullish on the overall market, with the Crypto &amp; Fear Index reading a 
&#8220;Greed&#8221; score of 65.
Bitcoin&#8217;s 3% increase over the past 24 hours has led to approximately $96 
million in short positions liquidated, according to CoinGlass data.
_**Magazine:**__**Adam Back says Bitcoin price cycle is &#8216; 10x bigger&#8217;, has&#8217; 
empathy&#8217; for ETF buyers**_
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.

Bitcoin nears $100K as Trump set to reveal trade deal with UK

According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are 
aggressively taking profits following the latest surge in the digital asset’s 
price. This uptick in profit-taking mirrors investor behavior typically seen 
during the late stages of a bull market. Bitcoin Profit-Taking Rises &#8211; A Cause 
For Worry? Bitcoin’s 7-day moving average (MA) net realized profit/loss has 
mostly remained positive since early 2024. The metric surged as high as $1 
billion a day as the flagship cryptocurrency pushed towards new all-time highs 
(ATH) last year. Although BTC experienced a sharp downturn between March and 
April 2025, profit-taking remained robust as Bitcoin recovered most of its 
losses. The asset is currently trading in the mid-$90,000 range. Related 
Reading: Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts, 
Analyst Says CryptoQuant contributor Kripto Mevsimi noted that such strong 
realized profits &#8211; even as prices rise &#8211; typically signal a late-stage bull 
market. Drawing comparisons to the 2021 market cycle, Mevsimi pointed out that 
similar patterns preceded a local top. However, the launch of spot Bitcoin 
exchange-traded funds (ETFs) in January 2024 has altered the market structure 
to a great extent. That said, investor psychology has remained the same in 
that profit-taking patterns still align with historical patterns, though now 
with greater speed and volume. Mevsimi shared several possible scenarios that 
may play out in the market. First, If realized profits remain high, the 
likelihood of a sharp correction increases. This may push BTC back toward 
$90,000. On the contrary, if profit-taking declines, it could indicate the 
start of a market cycle transition. Either way, short-term volatility is 
expected to rise. The post adds: The signal is not calling a full macro top, 
but it’s flashing a local caution zone. As always: zoom out, and follow 
behavior — not just price. BTC Could See A Temporary Pullback Meanwhile, 
seasoned crypto analyst Ali Martinez warned that BTC may retest the $97,700 
resistance ahead of today’s Federal Open Market Committee (FOMC) meeting, 
which could trigger another short-term pullback. Additionally, Bitcoin’s 
supply scarcity narrative is being questioned. While exchange reserves 
continue to dwindle, recent on-chain data suggests a supply squeeze is 
unlikely in the near term. Related Reading: Bitcoin Surpasses Realized Price 
Of Recent Buyers — Rally Incoming Or Double Top? In similar news, Bitcoin’s 
demand momentum is yet to recover from negative territory. Recent data shows 
that market participants are still favoring short-term speculation over 
holding BTC for the long-term. That said, momentum indicators like the Bitcoin 
Stochastic RSI are showing renewed strength, bolstering the case for BTC to 
reach a new ATH. At press time, BTC trades at $97,248, up 3.4% in the past 24 
hours. Featured image from Unsplash, charts from CryptoQuant, X, and 
Tradingview.com