Consensus mechanisms have diversified beyond PoW and PoS. Researchers highlight Stellar’s trust‑driven PoA, Quai Network’s PoEM and PWR Chain’s DPOP, which seek faster finality, lower fees and stronger security, though each raises fresh questions on complexity and validator influence. source: https://cryptonews.com/news/consensus-mechanisms-fix-pow-pos/

The US District Court for the Southern District of New York has thrown out a joint bid by Ripple Labs and the Securities and Exchange Commission (SEC) seeking to alter a previous judgment. Among the other thorny issues is a significant reduction in Ripple’s civil penalty that the courts must consider. District Judge Analisa Torres […] source: https://www.cryptopolitan.com/court-denies-ripple-secs-joint-appeal/

null source: https://x.com/BTC_Archive/status/1923142462291267672

Wisconsin Investment Board exits Bitcoin ETF, impacting market sentiment and state fund allocations. source: https://coincu.com/337833-wisconsin-investment-board-bitcoin-etf-sale

According to Cointelegraph, global foreign exchange and payments platforms are facing significant challenges from stablecoins, which have the potential to disrupt their established business models. Investor Kevin O’Leary highlighted this issue during his keynote address at Consensus 2025, emphasizing the impact of regulated stablecoins on legacy forex and payments platforms. These platforms often charge substantial fees for cross-border cash transfers, and the adoption of stablecoins as a cheaper and faster alternative could lead to a decline in their revenue. O’Leary described the currency trading market as a multi-trillion dollar industry that is outdated and inefficient. He pointed out that the introduction of regulated stablecoins poses the biggest threat to the current monopoly or oligopoly within this market. Once approved, stablecoins could transform the foreign exchange market into a more efficient, transparent, and cost-effective system. The Toronto conference served as a platform for O’Leary to discuss the potential implications of stablecoin legislation, which U.S. lawmakers are actively working on. U.S. Senators are pushing for the passage of the Genius Act, a framework designed to regulate stablecoins, with the aim of accelerating global adoption. O’Leary noted that once the Securities and Exchange Commission (SEC) approves the stablecoin act, other regulators in countries such as Abu Dhabi, Switzerland, and England are likely to follow suit. He acknowledged the financial services industry's opposition to this legislation, as they are concerned about the potential impact on their business models and are actively working to prevent the bill from passing. O’Leary also suggested that regulatory clarity for stablecoins could pave the way for broader cryptocurrency reform, potentially unlocking trillions of dollars in institutional capital. U.S. Senator Kirsten Gillibrand echoed this sentiment, stating that the forthcoming legislative language would bring significant progress in areas such as consumer protection, bankruptcy protection, and ethics. As of May 15, stablecoins have a collective market capitalization of nearly $250 billion, with Tether’s USDT leading the market at approximately $150 million, followed by Circle’s USDC with a market cap exceeding $60 billion.

Crypto exchange Coinbase has announced plans to launch four new Base-linked tokens: cbADA, cbDOGE, cbLTC, and cbXRP. The exchange shared it on Tuesday, May 13, via the official Coinbase X account. In addition, Coinbase stated that the tokens are not yet live. It wrote, “cbADA, cbDOGE, cbLTC, and cbXRP are coming soon source: https://www.altcoinbuzz.io/cryptocurrency-news/coinbase-will-launch-cbada-cbdoge-cbltc-and-cbxrp/

Bitcoin whales have moved just $3. 27 billion of BTC to Binance over the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant. Consequently, this drop signals declining sell-pressure from major holders source: https://beincrypto.com/binance-bitcoin-whale-inflows-may-2025/

Global foreign exchange and payments platforms are lobbying hard against stablecoins, which stand to significantly disrupt their business models, investor Kevin O’Leary said during a keynote address at Consensus 2025. Legacy forex and payments platforms often extract large fees for servicing cross-border cash transfers and stand to lose out on revenue if regulated stablecoins become accepted as a cheaper, faster alternative, O’Leary said at the Toronto conference.  “Currency trading is a multi-trillion dollar market — and it’s old and ugly and inefficient,” O’Leary said, adding that “[ t]he biggest threat to that monopoly or oligopoly is a regulated stablecoin. ” “Once that’s approved, the multi-trillion dollar FX market becomes efficient, transparent, and inexpensive,” he said source: https://cointelegraph.com/news/legacy-forex-payments-platforms-hate-stablecoin-adoption-kevin-o-leary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they may affect related legislation. Speaking at the Consensus conference in Toronto on May 15, Grewal said there had been “hiccups” in Congress since the Senate Banking Committee voted to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in March. Though Grewal said there were disputes over “substantial issues that need to be addressed” in the bill, he hinted that Trump’s involvement in the industry was a “complicating factor. ” “The discussion around the president's support for a certain memecoin or two and other efforts does add a certain level of challenge to the effort to get Democrats and Republicans aligned on the right way to regulate the [spot market], but I have confidence that the Senate and the House are going to sort all that out,” said Grewal source: https://cointelegraph.com/news/donald-trump-crypto-challenge-passing-legislation-paul-grewal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Dig into the platforms offering tokenized asset investment opps. source: https://www.bankless.com/read/cryptos-quadrillion-dollar-endgame

BALDBSC (BALD) is a cryptocurrency operating on the BNB Smart Chain platform. With recent volatility and low market activity, thorough research is essential before considering an investment.