Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Andreessen Horowitz Raises $7.2B
Reading Time: < 1 minuteBloomberg reports that Andreessen Horowitz (a16z), a venture capital firm favorable towards cryptocurrencies, has raised $7.2 billion in funding.
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.
Vitalik Buterin Transfers 180 ETH Through Railgun Protocol
Reading Time: < 1 minuteVitalik Buterin, one of the co-founders of ethereum, recently made multiple transactions worth approximately 100 ETH (~$575,000) using a privacy protocol called Railgun.
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.
Miners Could Sell Off a Large Number of Bitcoins After Halving
Reading Time: < 1 minuteAccording to a market analyst, in the months following the halving, there could be a large decrease in the number of Bitcoins held by miners.
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.
Trading Volume of Donald Trump NFT’s Collection Plummets 99%
Reading Time: < 1 minuteIn the past month, trading volume for former US President Donald Trump’s initial batch of non-fungible tokens (NFTs) has plummeted by 99%.
Open Interest in Solana Falls $440M
Reading Time: < 1 minuteSolana’s open interest and price both saw declines in the last 24 hours, following a wider trend in the cryptocurrency market.
Robert Kiyosaki Supports Cathie Wood’s Bitcoin Forecast
Reading Time: < 1 minuteKiyosaki has expressed his support for the statement made by Ark Invest CEO Cathie Wood, who has predicted that Bitcoin could reach over $2 million in the future.
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.
DeFi Protocol MarginFi Suffers $190M Outflows
Reading Time: < 1 minuteIn the past two days, roughly $200 million in user funds have been withdrawn from MarginFi, a lending protocol on the Solana blockchain.
Grayscale’s Bitcoin ETF Outflows Reach a Record Low
Reading Time: < 1 minuteGBTC, the Grayscale Bitcoin Trust, has experienced a significant decrease in outflows, dropping by 90% in comparison to the previous day.
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.
Paraguay Halts Bitcoin Mining Prohibition
Reading Time: < 1 minuteParaguayan officials are grappling with the issue of whether to impose a ban on cryptocurrency mining in the country, with some senators proposing alternative solutions.
VanEck Believes SEC Will Not Approve Spot Ethereum ETFs
Reading Time: < 1 minuteFirms hoping for the Securities and Exchange Commission’s approval on a spot Bitcoin exchange-traded fund are worried about the likelihood of getting the go-ahead for an Ether product.
Worldcoin Allows Users to Delete Biometric Data
Reading Time: < 1 minuteSam Altman’s Worldcoin project has recently introduced new features to enhance the security of users’ personal data.
Crypto Funds See Influx Since Beginning of the Year
Reading Time: < 1 minuteFrom March 30 to April 5, there was a total inflow of $646 million into cryptocurrency investment products, with a record total of $13.8 billion invested since the beginning of the year.
Base’s Monthly Active Addresses Exceed Arbitrum’s
Reading Time: < 1 minuteAccording to data from growthepie, the Base network, supported by Coinbase, is now the top Ethereum layer-2 network in terms of active addresses, surpassing Arbitrum.
JPMorgan Believes SEC Will Approve Spot Ethereum ETFs
Reading Time: < 1 minuteAccording to JPMorgan analyst Nikolaos Panigirtzoglou, the US Securities and Exchange Commission (SEC) is expected to approve spot exchange-traded funds (ETFs) based on the second largest cryptocurrency by capitalization.
Genesis Buys $2.1B in Bitcoin
Reading Time: < 1 minuteGenesis reportedly sold about 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire more Bitcoin as part of its plan to settle its debts with creditors.
PayPal Allows Use of PYUSD for International Payments
Reading Time: < 1 minutePayPal announced on April 4 that it has launched its cross-border payments and transfers service, Xoom.
Ethena Labs Backs USDe with Bitcoin
Reading Time: < 1 minuteEthena Labs has announced that it has added Bitcoin as a backing asset for its USDe synthetic dollar. This decision was fueled by a surge in popularity of the world’s oldest digital asset among traders.
Coinbase to List BRC-20 Token ORDI
Reading Time: < 1 minuteCoinbase International Exchange announced on April 5 that institutional clients would soon be able to access BRC-20 token ORDI and Worldcoin (WLD) perpetual futures.
Binance Asks Nigeria Not to Prosecute its Vice President for Global Intelligence and Investigations
Reading Time: < 1 minuteBinance has requested Nigerian authorities to refrain from prosecuting Tigran Gambaryan, the Vice President for Global Intelligence and Investigations, on behalf of their company.
SEC Calls for Public Comments on Three Proposed Ethereum ETFs
Reading Time: < 1 minuteThe SEC is seeking input from the general public regarding proposed rule changes that would permit the listing and trading of shares from three spot Ether exchange-traded funds, or ETFs, on exchanges.
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