Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.
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Starknet to bring on AI agents that can carry out on-chain activity
The Web3 and AI firm Giza plans to bring autonomous bots onto Starknet by the end of June.
EU seeks stakeholder opinions on adding crypto to 12T euro investment market
If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.
Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.
South Korean convenience store sells Bitcoin-themed ‘meal boxes’
A convenience store in South Korea offers Bitcoin meal boxes in collaboration with the local exchange Bithumb, where customers can win small amounts of Bitcoin with their purchases.
Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.
Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times, approximately $125 million in short positions will be liquidated.
$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund
The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.
Nifty News: 3 Bored Apes gone phishing, fantasy.top fees beat Tron and more
One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.
3 memorable moments from Donald Trump’s ‘Mugshot’ NFT event
Donald Trump says he helped make “NFTs hot again” and even dissed his own political rival’s unofficial meme coin — sending it and his respective meme coin soaring.
Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research
Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
Swan Bitcoin's Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next.
Optimism to roll out new Superchain features for layer-3 devs
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.
Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter.
3 trends to think about before Bitcoin's bull run resumes
The market is down, but the bull run isn't over. When it resumes running upward, some things are going to run a little more than others.
House votes to nullify SEC’s anti-crypto banking guidance SAB 121
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.
Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year.
Rwandan central bank proceeds with ambitious retail CBDC project
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy.
President Biden says he would veto resolution countermanding SEC crypto rule
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure.
Blockchain education initiatives take off amid crypto bull market
Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.
Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s dull range-bound action is likely to continue for a few more days as the bulls and the bears battle for control of BTC price.
How a decentralized AI movement is shaping a fairer future
The Morpheus Network and 6079 are leading a movement to challenge the supremacy of Big Tech giants by employing decentralized, permissionless AI technology.
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers, while the Treasury writes a report.
Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.
DeFi lending protocol Nexo allocates $12M for ecosystem incentives
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.
Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8.
Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing
Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion.
What do crypto market makers actually do? Liquidity, or manipulation
The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?
Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan exec
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.
CBDCs, stablecoins must ensure liberty-based values — former CFTC chair
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London.