Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Daily Net Outflow of Ark Invest’s Spot Bitcoin ETF Hits $87M
Reading Time: < 1 minuteAccording to data from SoSoValue, the ARKB fund from Ark Invest 21Shares saw outflows of $87.5 million on Tuesday, the highest since its debut.
Uniswap Adds Support for L2 Solution Blast
Reading Time: < 1 minuteThe team at Uniswap Labs has launched their new protocol, called Uniswap, on Blast, a second-layer solution.
Staking Rewards Exceed S&P 500 Dividends
Reading Time: < 1 minuteThe current average staking reward for cryptocurrencies is 450% higher than the average dividend payout for investors in the S&P 500, even though both markets have seen strong growth.
Gomble Games Raises $10M to Advance Web3 Gaming Vision
Reading Time: < 1 minuteGomble Games, born from the renowned game studio ‘111%’, has secured $10 million in investment from global venture capital firms like Spartan.
Galaxy Digital’s Net Profit Reached $296M Last Year
Reading Time: < 1 minuteIn 2023, crypto company Galaxy Digital saw a significant increase in net profit, reaching $296 million.
dYdX to Move Operations to Cayman Islands
Reading Time: < 1 minutedYdX, a decentralized exchange, has announced plans to move its operations to the Cayman Islands.
Tether Passes Independent Security Audit
Reading Time: < 1 minuteTether, the creator of the USDT stablecoin, has announced the successful completion of its System and Organization Controls 2 (SOC 2) Type I audit.
Total Value Locked in Liquid Restaking Platforms Reaches $8B
Reading Time: < 1 minuteThe total value locked in liquid restaking tokens has almost reached $8 billion.
Birtish Court Orders Freezing of $8M of Assets Belonging to Craig Wright
Reading Time: < 1 minuteA UK court has authorized the freezing of £6.7 million ($8.4 million) of Craig Wright’s assets to prevent him from avoiding court expenses.
Robert Kiyosaki Makes New Forecast for Bitcoin Price
Reading Time: < 1 minuteKiyosaki has announced that he now predicts that the price of BTC will reach $100,000 by September 2024.
Google Adds Tool for Tracking Crypto Wallets
Reading Time: < 1 minuteGoogle’s search service has recently added a new feature that displays the balances of cryptocurrency addresses in various networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.
Bitwise Files Application to Launch a Spot Ethereum ETF
Reading Time: < 1 minuteBitwise has submitted a request to issue an exchange-traded fund for spot Ether, at a time when uncertainties remain about whether the Securities and Exchange Commission will give the go-ahead for such products.
Court Sentences Tornado Cash Developer to 64 Months in Prison
Reading Time: < 1 minuteDutch prosecutors are seeking a 64-month prison term for Tornado Cash developer Alexey Pertsev.
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