Author: Tony Pearce
Revolut Rolls Out a Crypto Trading Platform in UK
Reading Time: < 1 minuteRevolut has today launched Revolut X, a standalone crypto trading platform available to its retail customers in the UK.
Daily Amount of ETH Burned on Ethereum Network Falls to Lowest Level in 2024
Reading Time: < 1 minuteThe Ethereum network has recently experienced a significant decline in the daily amount of ETH burned, reaching its lowest level this year.
Bitcoin Surpasses One Billion Transactions
Reading Time: < 1 minuteMore than 800 weeks and a day has passed since Bitcoin was launched on January 3, 2009, when its very first block was created.
Block Plans to Invest 10% of its Bitcoin Profits into BTC
Reading Time: < 1 minuteBlock shares rose 3.16% to $242.90 in after-hours trading, following better-than-expected first-quarter earnings.
Tether’s Q1 Net Profit Hits $4.5B
Reading Time: < 1 minuteIn January-March, Tether, the issuer of the stablecoin USDT, reported a record net profit of $4.52 billion.
BlackRock’s BUIDL Reaches a $375M Market Cap
Reading Time: < 1 minuteThe BlackRock USD Institutional Digital Liquidity Fund, known by the ticker BUIDL, has become the largest treasury fund tokenized on a blockchain.
Strike CEO: Bitcoin Will Hit $1M
Reading Time: < 1 minuteAccording to Strike CEO Jack Mallers, Bitcoin’s price is expected to reach $1 million in the long term.
Terraform Labs Suggests a $1M Penalty
Reading Time: < 1 minuteLawyers representing Terraform Labs have filed a response to the United States Securities and Exchange Commission’s (SEC) request for $5.3 billion in disgorgement and civil penalties against the firm and its co-founder Do Kwon.
Wasabi and Phoenix Leave US
Reading Time: < 1 minuteAcinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet are discontinuing services for customers in the United States.
USDT Volume on Crypto Exchanges Hits Highest Level in a Year
Reading Time: < 1 minuteThe volume of USDT on exchanges in the second half of April reached $568 million, which is the highest level for the year.
SEC Files Lawsuit Against Crypto Mining Firm Geosyn
Reading Time: < 1 minuteThe US Securities and Exchange Commission has filed a lawsuit against Geosyn Mining and its co-founders, accusing them of defrauding investors out of $5.6 million.
Samourai Wallet Founders Accused of Laundering $100M
Reading Time: < 1 minuteThe creators of the anonymous Bitcoin wallet Samourai Wallet have been charged by US federal prosecutors for aiding in the laundering of $100 million in criminal proceeds.
SEC Seeks Public Comments on BlackRock’s Amended Spot Ethereum ETF Proposal
Reading Time: < 1 minuteThe US Securities and Exchange Commission is seeking public feedback on changes made to BlackRock’s proposed Ethereum exchange-traded fund.
Thailand to Block Unauthorized Crypto Platforms
Reading Time: < 1 minuteThe SEC of Thailand will be forwarding information regarding unlicensed cryptocurrency platforms to the relevant authorities for their eventual blocking.
Binance Trial in Nigeria is Postponed
Reading Time: < 1 minuteAn alleged tax evasion case involving cryptocurrency exchange Binance and two of its top managers in Nigeria has been postponed by the court until May 17.
Coinify CEO Says Bitcoin Mining Will Become Unprofitable After Tomorrow’s Halving
Reading Time: < 1 minuteCEO of Coinify, Ricky Stier, has cautioned miners that they may face unprofitable mining operations after the halving and urges them to review their strategies to stay productive.
Bitcoin Hodlers Moved $1.7B to Accumulation Wallets When the Crypto Fell
Reading Time: < 1 minuteDespite the recent dip in the price of Bitcoin, hardcore holders of the digital currency remained undaunted as they added a staggering $1.7 billion worth of BTC to their accumulation addresses.
Crypto Companies Are Expanding Their Workforces
Reading Time: < 1 minuteMajor cryptocurrency exchanges have put a hold on planned layoffs that were initially slated to begin in 2023.
Trading Volume on Crypto Exchanges Exceeded $6 Trillion in Q1
Reading Time: < 1 minuteA report from Tokeninsights has revealed that the total value of transactions on the top ten cryptocurrency exchanges in the first quarter of 2024 surpassed $6 trillion.
Bitwise: The Crypto Market is Underestimating BTC Halving Impact
Reading Time: < 1 minuteAccording to Bitwise Asset Management, past price movements following this highly anticipated event have been disappointing.
UK Intends to Implement a New Crypto Legislation This Summer
Reading Time: < 1 minuteEconomic Secretary Bim Afolami announced that the UK government plans to introduce legislation by June or July for stablecoins, crypto staking, exchange, and custody.
OKX Rolls Out Mainnet of Ethereum-based Layer 2
Reading Time: < 1 minuteOn Monday evening, the centralized crypto exchange OKX launched the public mainnet of X Layer.
Bitcoin’s Volatility Hits Highest Level in 2 Years
Reading Time: < 1 minuteIn April, Bitcoin’s price fluctuation range reached its highest level since November 2022, reaching $70,711, according to Kaiko.
London Mayoral Candidate Promises to Give Away £100 in LONDON Token if He Wins
Reading Time: < 1 minuteBrian Rose, a candidate for London mayor, has proposed to distribute LONDON tokens worth £100 to every city resident.
Retail Investors Are Showing Little Interest in Crypto
Reading Time: < 1 minuteJoe Vezzani, CEO of analytical firm LunarCrush, stated that although Bitcoin and other cryptocurrencies have experienced a significant rise in value lately, retail investors have not yet fully embraced the trend.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
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