Cryptocurrency news may 31 2025
BALTIMORE — Bad actors are seeking cryptocurrency in almost every scheme tracked by the FBI. From fraudulent investments to tech support and romance scams, and most recently, a surge in employment scams https://how2cryptos.com/category/world/. And as Bitcoin reaches record highs, Special Agent David Paniwozik with FBI Baltimore sees more people wanting to capitalize on cryptocurrency.
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SA Paniwozik has seen a huge spike in reports of employment scams involving cryptocurrency. Reported losses in Maryland went from $32,033 in 2023 to $3.8 million between January and October of this year.
Latest cryptocurrency news may 2025
Coinbase’s Layer 2 Base network reached almost 1,000 transactions per second (TPS), temporarily equalling Solana speed. Such high numbers prove the maturity of Ethereum’s L2 solutions and a crucial point on the way to mainstream recognition of Base.
Crypto-native events, such as network upgrades and token generation events (TGEs), will collide with macroeconomic developments and geopolitical uncertainties. This confluence makes May one of the most consequential months for digital assets in recent memory.
May 2025 has witnessed a thrilling mix of highs and aches for the crypto industry. Bitcoin’s record-high price, groundbreaking collaborations, increasing interest in the Bitcoin Reserve craze, and breakthroughs in AI are transforming the industry and pushing it more into the mainstream for more users. All this despite, security remains an issue, innovation is accelerating to bring in new players, and new tools and uses for blockchain and individual coins are still at the forefront.
Exolix is still providing fast, anonymous, and registration-free crypto exchanges. We have already serviced over 2,000 cryptocurrencies with fixed and floating exchange rates. With our ever-improving services, we are helping you exchange cryptocurrency securely with zero restrictions, high speeds, and full transparency. Our team is committed to making sure we can trust Exolix for easy and hassle-free exchange of plenty of varied digital assets.
Exchange activity also remains intense. Binance will delist multiple trading pairs on May 2, while South Korean exchanges Upbit and Bithumb are removing several low-liquidity tokens throughout the month.
Cryptocurrency news last 24 hours
Filecoin (FIL) is currently trading at $2.29, experiencing an 8.7% increase in price over the last 24 hours. Its market capitalization stands at $1,545,140,823.14, ranking it #91 in popularity on Mudrex.
The prosecutor’s case focused on presenting witnesses, mainly from the Federal Bureau of Investigation, the Internal Revenue Service and hackers, who testified that Storm had the ability to modify Tornado Cash’s code to prevent illicit use by criminals but chose not to. Storm’s legal team put forth its own experts, including Ethereum core developer Preston Van Loon and NAXO co-founder Matthew Edman.
Ethereum (ETH) is currently trading at $2432.38. Its market capitalization stands at $292.42 billion, ranking it among the top cryptocurrencies. The circulating supply is approximately 120.72 million ETH. Over the past 24 hours, Ethereum’s price has increased by 5.5%. The 24-hour trading volume is $27.97 billion, reflecting a 26.99% increase in volume compared to the previous day.
Shiba Inu (SHIB), the Ethereum-based decentralized cryptocurrency, is experiencing notable market activity. SHIB is currently ranked #2 in popularity on Mudrex, driven by community engagement and a tokenomics system that includes token burning.