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Crypto News that you have lost this week | May 17, 2025 | Bitpins

From the comment of the Metamask co -founder “perhaps” about the “mask” token until the falling of the token of $ Pi, here is a summary of the main cryptography stories that may have lost.

The Metamk logo. Photo of fountain.

Metamk and Finlay co -founder saying The team is still wearing the possibility of launching a native token, calling it “maybe” during an interview in the “Crypto Beat” podcast of the block.

Photo for the article - Crypto News that may have lost this week | May 17, 2025
Dan Finlay, Metamask co -founder. Photo of fountain.

While there are no concrete plans, Finlay emphasized that any future token launch would be clearly announced within the wallet itself. He acknowledged that the regulatory environment under a more permissive administration of the president of the United States, Donal Trump, could make tokens launches safer, which can open the door to a broader experimentation in the cryptographic space.

The idea of ​​a metamask token, possibly called $ mask, has been floating since 2021, with the CEO of consensys Joseph Lubin mocking its launch and discussing it as part of a broader decentralization strategy. Although plans for a DAO and Token have been discussed as mechanisms to increase community ownership, Finlay emphasized caution, and pointed out that regulatory risks remain.

Pump.fun begins to share income for coin creators

Photo for the article - Crypto News that may have lost this week | May 17, 2025
The pump platform. Fun. Screenshot fountain.

Pump launch cryptocurrencies. inserted An income exchange model to encourage long -term commitment and discourage pump and diver behavior among coins creators.

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Now, developers will earn 0.05% of the volume of negotiation in $ Sol of decentralized pumping exchange operations in their tokens. The new model applies to both new currencies and those that are already operated in Pumpwap, providing creators with continuous and claimant income through the platform board.

According to Pump.Fun, the new initiative aims to promote the development of more sustainable and creative projects, such as public and media tokens promoted by the community, by offering recurring income instead of short -term profits.

However, the automatic developer rate model of 0.05% faces reaction For allegedly encourage carpet strip and undermine the revival of projects led by the community. Critics argue that prioritizes passive admission to sustainability, potentially encouraging bad practices and weakening traditional decentralized exchange standards.

Binance wallet dominates the exchange market

Photo for the article - Crypto News that may have lost this week | May 17, 2025
The binance logo. Of the media Bitpine library.

It was observed that Binance wallet Get up quickly Domain the Swap Crypto market in 2025, jumping from only 3.4% market share in early January to more than 93% in mid -May, according to Dune Analytics.

The rapid ascent is attributed to the launch of Binance Alpha, a centralized token launchpad that rewards users with “Alfa Points” for the participation of the platform, points that can qualify them for early access to new tokens and possible listings.

Photo for the article - Crypto News that may have lost this week | May 17, 2025
The weekly exchange volume. Photo of fountain.

In addition, the increase in rivals such as OKX, Metamask and Imtoken, while provoking concerns about the centralization and influence of the Airdrops driven by the community on web3.

Computer pirates paid Coinbase employees abroad for account data

Photo for the article - Crypto News that may have lost this week | May 17, 2025
The coinbase logo. Of the media Bitpine library.

Crypto Giant Coinbase revealed He could lose up to $ 400 million after cybercriminals soak support agents abroad to access customer confidential data. The attackers exploded less than 1% of the users’ accounts to impersonate the company, deceive the victims to deliver cryptography, and then demanded a ransom of $ 20 million, which Coinbase refused to pay.

While there are no passwords, private keys or funds, stolen data included names, addresses, government identification images and account balances. Coinbase independently discovered rape, shot the employees involved and reinforced their fraud protections.

According to the company, he is now working with the application of the law and has launched a $ 20 million reward fund for information that leads to the arrest and conviction of those responsible.

Pi Token Ranges 40% after the announcement of funds of $ 100 million

Photo for the article - Crypto News that may have lost this week | May 17, 2025
The PI network logo. Photo of fountain.

Shortly after Pi Network announced an investment fund of $ 100 million to support the growth and innovation of the ecosystem, its native token, $ Pi, suffered An acute fall, falling from more than $ 1.50 to $ 0.85 in just 24 hours.

While the announcement briefly pushed $ Pi at 20 main cryptocurrencies for market capitalization, the fall after the announcement caused strong criticism and speculations that the increase was more driven by exaggeration than the substance, and some users accused the team of manipulating feeling through overloaded teasers.

Critics on social networks suggested that the impact of the announcement decreased due to bad weather and unsatisfied expectations, while others argued that combining it with additional news could have softened the reaction.

In response, the PI network affiliated with the initiative focused on the development of the long -term ecosystem instead of short -term price movements.

This article is published in bitpins: Crypto News that may have lost this week | May 17, 2025

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