Crypto Industry News & Market Trends

North Korean Crypto Hackers Stole $2.1B in 2025, 60% of All Losses: CertiK

North Korea-linked hackers were responsible for 60% of all crypto theft losses in 2025, totaling $2.06 billion in attributed losses, according to CertiK.State-sponsored groups have evolved from opportunistic exploits to coordinated campaigns targeting DeFi protocols.Over 86% of stolen funds in one major case was laundered within a month through DEXs and cross-chain bridges.　　North Korean hackers have stolen $6.75 billion in cryptocurrency across 263 incidents since 2016, establishing state-sponsored theft as the dominant threat to decentralized finance, according to a new report by blockchain security firm CertiK.　　The Web3 security firms Skynet analysis documents how DPRK-linked groups have transformed from opportunistic attackers into the primary force in crypto crime, responsible for some 60% of all theft losses in 2025 alone, amounting to $2.06 billion.　　This dominance extends into 2026, with North Korean hackers accounting for 55% of global crypto losses since the start of the year.　　Social engineering is the “dominant attack vector,” according to the report‘s author Taylor Monahan, following incidents such as April’s $285 million Drift Protocol hack, in which DPRK hackers spent six months infiltrating the DeFi platform by posing as a quantitative trading firm.　　Perhaps most concerning is the speed at which stolen funds disappear, with North Korean hackers leveraging a

05-12Industry

Markets, AI Rally Rattled as Trump Calls Iran Ceasefire On Life Support

Trump called the Iran ceasefire on life support after rejecting Tehrans proposal as garbage.Brent crude rose to $105 as silver jumped 7% and traders rushed into safe haven assets.US CPI forecast at 3.7% raising fears Fed may hike rates rather than cut them this year.　　Global markets turned cautious on Tuesday after President Trump declared the US-Iran ceasefire was “on life support,” describing Tehrans latest counterproposal to end the war as “garbage.”　　Oil responded immediately. Brent crude futures rose 0.7% to $105 a barrel. Silver jumped over 7% as traders rushed back into safe haven assets. Bitcoin held above $81,000 but remained under pressure as risk appetite faded across the board.　　What Iran Proposed　　Irans response to the US peace proposal included demands for war reparations, confirmation of Iranian sovereignty over the Strait of Hormuz, an end to sanctions, and the unfreezing of Iranian assets.　　Trump rejected the package outright, signalling that any meaningful progress toward reopening the Strait remains distant while those conditions stay on the table. Ships are not moving freely through the Strait of Hormuz, and oil prices are reflecting that reality.　　Additionally, President Trump is scheduled to visit China on Wednesday, but expectations are low for meaningful progress on either the Iran

05-12Industry

Wall Street sets Broadcom (AVGO) stock price for the next 12 months

Broadcom stock price one-month chart. 　　Specifically, Citi (NYSE: C) analyst Atif Malik reiterated his previous ‘Buy’ rating but increased the 12-month forecast from $475 to $500, effectively increasing the predicted rally from 12.83% to 18.76% relative to Tuesday mornings valuation.　　According to the Wall Street expert, the bullish update is backed by the continuously strong artificial intelligence (AI)-driven demand.　　Notably, other major technology companies, including Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Intel (NASDAQ: INTC), received optimistic updates backed by similar factors and provided by a variety of analysts on May 12.　　Elsewhere, the increased Broadcom stock price target reflects AVGO shares recent stock market rally. Indeed, after struggling in early 2026, the equity entered a rally in late March that took it, by press time, 46% higher.　　Maliks previous $475 forecast – itself representing an increase from the preceding $458 – was provided in mid-March when the technology giant was changing hands at approximately $325.　　Notably, despite Broadcom stocks April and early May momentum, the latest forecast indicates that Citi believes AVGO is closer to a ceiling than two months ago.　　Indeed, had AVGO managed a 12-month rise from $325 to $475, it would have constituted a 46.15% rally while the latest price

05-12Industry

NVIDIA Launches Fleet Intelligence for GPU Monitoring

NVIDIA has announced the general availability of Fleet Intelligence, a managed service aimed at providing real-time monitoring for GPU fleets. Designed for data center operators and enterprises scaling NVIDIA GPUs, this service tackles the complexities of managing heterogeneous hardware, fast-evolving software stacks, and variable workloads. The goal is clear: optimize performance, reduce downtime, and maximize return on investment (ROI).　　Fleet Intelligence employs a lightweight, host-based agent to stream telemetry data to a cloud-based platform. This enables precise insights into key operational metrics, including power consumption, temperature, performance, health, and configuration consistency. NVIDIA has also made the agent open source, allowing for transparency and auditability. The service is compatible with NVIDIA data center GPU architectures like Vera Rubin, Blackwell, and Hopper, though some features, such as attestation, are limited to specific architectures.　　Key Features of Fleet Intelligence　　The service focuses on three main areas:Inventory and Visualization: Users can view their GPU fleet utilization globally or drill down into specific compute zones. Anomalies, such as thermal hotspots or power thresholds being exceeded, are flagged immediately for further investigation.Reporting and Alerts: Fleet Intelligence provides near-real-time health monitoring and customizable alerts for issues like low utilization or hardware faults. Reports can track historical data on power usage,

05-12Industry

AST SpaceMobile Stock Analysis: 3 Key Levels After Earnings

ASTS — daily chart with candlesticks, EMA20/EMA50 and volume.AST SpaceMobile Stock news and catalysts　　Notably, Q1 was framed as a classic “miss and rally.” Management reiterated $150–$200 million revenue guidance, targeted roughly 45 BlueBird satellites in orbit by end-2026, and highlighted FCC approval, a 98.9 Mbps test, and a June Falcon 9 launch window. The stock rose on these milestones despite missing Street forecasts. Investors prioritized commercialization visibility over near-term prints.　　ASTS daily technical outlookPrice structure and trend bias　　On the daily timeframe, ASTS closed at 82.55 after ranging 75.90–84.94, finishing near the upper end on strong turnover. The EMA20 76.71, EMA50 82.22, and EMA200 73.89 now sit below price. Therefore, the trend bias has turned constructive.　　Meanwhile, RSI14 53.16 stands modestly above neutral, tilting positive. The MACD -4.01 versus signal -4.57 with a positive histogram of 0.56 shows momentum crossing up while still below the zero line—an early-cycle improvement rather than a mature trend.　　Volatility context and key levels　　The Bollinger mid sits at 77.12 with bands spanning 61.85–92.39; price is above the mid-band and riding the top half of the range with room before the upper band. However, ATR14 6.2 remains elevated, so daily swings are wide and position sizing matters.　　The daily pivot is

05-12Industry

Ultima’s New AI Trading Bot Goes Where Standard Bots Stop

The post Ultimas New AI Trading Bot Goes Where Standard Bots Stop appeared first on Coinpedia Fintech News　　Conventional trading bots automate execution. Ultimas new AI-powered Turbo Bot automates the layer above — strategy, regime, and tuning.　　You‘re already automating — most traders just don’t think of it that way, treating it more as a matter of discipline and emotional control. Limit orders, stop-losses and take-profits, weekend DCA — all of it is proto-automation offloaded to an exchange. But how precise are those rules, and are they enough to give one an edge in the market？　　Somewhere between 60% and 75% of trading volume in major global markets is generated by algorithms, according to industry estimates. The rails the market actually runs on are not your bracket orders — they may be textbook-correct, but just arent in the same league as what is executing on the other side of the book.　　A conventional trading bot may look like the answer at first. You pick a strategy, plug into the exchange, and the bot trades unattended. Execution is real automation here. But the choice of strategy and fine-tuning stay with the trader. So does reading the market regime, and the call to pause, rebalance, or

05-12Industry

US to temporarily lower beef import tariffs, WSJ reports

The Trump administration is moving to temporarily lower tariffs on beef imports, a direct response to retail beef prices that have climbed past $5 per pound. The plan targets tariff-rate quotas, the mechanism that limits how much foreign beef can enter the country at lower duty rates, and would open the door to greater volumes from major exporters like Australia and Brazil.　　The US cattle herd has shrunk by roughly 5% over the past year. Combine that with adverse weather conditions and you get a supply crunch that has pushed beef prices to levels where consumers are feeling the squeeze at the grocery store.　　What the plan actually looks like　　The administration announced the tariff suspension plan on May 11, with implementation initially slated for May 13. By suspending tariff-rate quotas, more imported beef could flow into the US market at reduced prices. The expected result, according to agricultural economists, is a 10-15% increase in short-term beef supply. That additional supply could translate to a 5-7% drop in retail prices.　　But the plan hit a wall almost immediately. Domestic cattle producers pushed back hard, arguing that a flood of cheaper foreign beef could devastate their operations. By May 12, just one day after the

05-12Industry

Ethereum Foundation just unstaked $49M in ETH - Should you be worried?

New treasury activity from the Ethereum [ETH] Foundation has fueled a new conversation. It has also fueled some uncertainty, even though supply conditions still seem fairly tight.　　Ethereum Foundation unstakes nearly 70K ETH　　The Ethereum Foundation recently unstaked 21,270 ETH. Thats nearly 30% of the 70,000 ETH it had recently committed to staking.　　Source: X　　This happened soon after they completed deployment of the treasury staking strategy from earlier this year.　　The timeline is interesting. In January 2025, they said they were exploring staking options. By June, a treasury policy described deployments as “long-term.”　　The Ethereum Foundation began staking the first treasury tranche in February 2026. Further confirmation came in April, that it had fully deployed all 70,000 ETH.　　Now, barely a month later, it has already withdrawn a big portion of those holdings again.　　Ethereum supply is still tight　　Unstaking simply moves ETH back into a liquid wallet. Worth noting, however, that on-chain data alone does not confirm the Ethereum Foundations next step.　　In fact, the market reaction earlier this week was linked more closely to the Ethereum Foundations separate sale of 10,000 ETH rather than the unstaking itself. For instance – Exchange reserves have continued to fall to multi-year lows, with only around 14.5 million ETH left on

05-12Ethereum

Here’s why GameStop stock is crashing today

Early May proved a turbulent period for GameStop (NYSE: GME) as CEO Ryan Cohen unveiled an unsolicited bid to acquire eBay (NASDAQ: EBAY) for approximately $46 billion.　　Overall, the attempt proved a net negative for GME stock, which is, overall, down 0.17% in the weekly chart and suffered a dramatic regular session on May 11 when it fell another 4.57% to $23.17.　　The May 12 extended session brought further setbacks with the eBay board rejecting the offer, describing it as ‘neither credible nor attractive’: a move that sent GameStop shares crashing nearly 5% in the extended session.　　Still, the subsequent decreases in losses to 2.68% with GME equitys press time price of $22.55 might indicate investors look more favorably at disengagement than at continued attempts to purchase.　　GameStop stock price one-day chart. Source: GoogleThe GameStop-eBay acquisition saga　　Indeed, GameStop‘s bid can largely be described as odd given the very setup. The vast difference in the valuation of the two companies immediately drew attention, considering that, at the time the offer was unveiled, GME’s market capitalization stood at approximately $12 billion, and the online marketplaces was close to $50 billion.　　Furthermore, the video game retailer offered a premium price of $125 per share to eBay and hinted

05-12Industry

Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data

XAU/USDs technical picture shows a neutral-to-bearish bias on the 4-hour chart, with the pair consolidating below the $4,770 resistance area. The bigger picture, however, suggests that the yellow metal would be in an A-B-C correction after the completion of a 5-wave (Elliott Wave) bullish cycle in early April　　The 4-hour Relative Strength Index (RSI) has dropped below the key 50 level, while the Moving Average Convergence Divergence (MACD) remains below zero with a negative reading, suggesting that bears are starting to tighten their grip.　　On the downside, initial support lies between Mondays low at the $4,645 and the 38.2% Fibonacci retracement of the mentioned cycle, near $4,610. Further down, the late-April and early-May support at the $4,500 level will come into focus. A plausible target for an A-B-C correction would be the 78.6% Fibonacci retracement, at $4,320.　　On the topside, Mondays highs, at the mentioned $4,770 area, are expected to keep guarding the path towards the mid-April highs in the area of $4,880.　　Gold FAQs　　Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as

05-12Industry

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