Major News Headlines for Today

1. JP Morgan "Bitcoin Is Expected To Beat Gold Yields In Second Half Of 2025"
In a report published by JPMorgan on May. 15, it pointed out the changes in the U.S. surrounding Bitcoin(BTC) and predicted that Bitcoin's return in the second half of 2025 will surpass gold. JPMorgan's research team cited the U.S. state government's proposal and passage of a bitcoin reserve bill and the move of large companies in the U.S. to buy Bitcoin.

2. FTX to Begin Repaying Debts of More than $5 Billion from May. 30
FTX announced in an official statement on May. 15 that it will start paying off its debt for the second time from the 30th of this month and repay more than $5 billion to creditors.

3. Coinbase Internal System Hacked..."Needed $400 Million for Recovering"
Coinbase, the largest cryptocurrency exchange in the U.S., was exposed to hacking on May. 15. Coinbase announced on its official blog on May. 15 that a Coinbase customer support representative colluded with a professional hacker and approached its internal system to steal user account data. The hacker demanded $20 million from Coinbase as a condition of returning the data, and Coinbase rejected the negotiations. According to Coinbase, less than 1% of Coinbase's user data was stolen, and important information such as passwords, private keys, and funds were not affected. Coinbase said it costs about $400 million to recover from the hacking damage.

4. U.S. Court Rejects Ripple-SEC Lawsuit Request
A U.S. court rejected a lawsuit request between Ripple and the U.S. Securities and Exchange Commission(SEC) on May. 15. Judge Annalisa Torres pointed out procedural problems and ruled that the two sides' request for an agreement was not valid.

권승원 기자 ksw@blockstreet.co.kr