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April 17, 2024
Israel-Crypto-img

Israeli central bank official says CBDC competition with banks is good for economy

In a speech published on the central bank’s website, Bank of Israel deputy governor Andrew Abir presented a contrarian view regarding the impact of central bank […]
April 17, 2024
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Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise

With the Bitcoin halving scheduled for April 20, Bitwise Asset Management highlights historical price action following previous halvings. Despite short-term declines immediately after the event, Bitcoin […]
April 17, 2024
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Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst

Investor confidence in the profitability of the Bitcoin mining sector post-halving has waned, leading to a significant downturn in Bitcoin mining shares globally. Mitchell Askew, head […]
April 17, 2024
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Andreessen Horowitz raises $7.2B for new venture funds

Venture capital firm Andreessen Horowitz (a16z) announced a successful fundraising round, amassing $7.2 billion to allocate across various technology sectors. However, despite its continued focus on […]
April 17, 2024
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Withdrawals from real estate betting platform Parcl hit $74M after airdrop

Investors providing liquidity to Parcl, a Solana-based real estate betting platform, have withdrawn over $74 million from the protocol following its airdrop snapshot in April. Parcl […]
April 17, 2024
bitcoin-etf

Why Bitcoin ETFs with ‘zero flows’ don’t mean what you think

Bloomberg ETF analyst James Seyffart emphasizes that days of zero inflows for Bitcoin exchange-traded funds (ETFs) are commonplace and should not be misconstrued as a failure […]
April 17, 2024
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Tokenholders approve $7.5B AI merger

Tokenholders of SingularityNet, Fetch.ai, and Ocean protocols have greenlit a merger valued at $7.5 billion, paving the way for the creation of the Artificial Superintelligence Alliance […]
April 17, 2024
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Senate Banking Committee chair wants to combine stablecoin bill to boost chance of passage

Sherrod Brown, chair of the United States Senate Banking Committee, has unveiled intentions to push forward a significant stablecoin bill, coupling it with legislation related to […]
April 17, 2024
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Railgun denies being used by North Korea as it nears $1B total volume

Railgun, a crypto privacy protocol, has vehemently denied allegations of being utilized by North Korea and other U.S.-sanctioned entities for cryptocurrency laundering activities, asserting that its […]
April 16, 2024
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What to expect at Changpeng Zhao’s sentencing on April 30

Former Binance CEO Changpeng “CZ” Zhao is scheduled to appear before a federal judge more than 160 days after pleading guilty to one felony count as […]
April 18, 2024
EY-img

Ernst & Young taps ZK-proofs on Ethereum to automate contracts

Ernst & Young, a leading accounting firm, has introduced an Ethereum-based solution called EY OpsChain Contract Manager (OCM), leveraging zero-knowledge proofs to aid private business clients […]
April 18, 2024
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Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren recently addressed Treasury Secretary Janet Yellen in a letter, echoing her concerns voiced during Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate […]
April 18, 2024
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Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]
April 18, 2024
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Yuga Labs offloads 2 NFT games amid effort to ‘unshackle’ BAYC team

Yuga Labs, the entity behind the renowned NFT collection Bored Ape Yacht Club (BAYC), has divested the intellectual property rights for two of its games, HV-MTL […]
April 18, 2024
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Pi Network reaches 10M KYC’d users, but token is still not tradeable

Pi Network’s mobile app has achieved a milestone with over 10 million users completing the Know Your Customer (KYC) process, as announced on April 16. However, […]
April 18, 2024
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Omni Network token falls 55% after airdrop, fake token completely rugs

The Omni Network’s ERC-20 token OMNI experienced a sharp decline of over 55% within 18 hours of its airdrop, resulting in a significant reduction of its […]
April 18, 2024
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Mango Markets exploiter trial heads to jury

The jury has commenced deliberations regarding charges related to market manipulation and fraud stemming from an alleged $110 million exploit of the Mango Markets decentralized exchange […]
April 18, 2024
NFT-img

Magic Eden passed Blur as leading NFT marketplace in March: CoinGecko

Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, overtaking industry leader Blur.   Magic Eden experienced a remarkable 194.4% increase […]
April 17, 2024
Blockchain-work-img

Ore creator proposes rewards to tackle Solana congestion

Hardhat Chad, known for the Ore project, has suggested that the Solana Foundation introduce rewards to incentivize testnet activity amidst recent network congestion issues. He recommends […]

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