Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager.
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Friend.tech v2 airdrop could introduce non-transferable token
Making the token non-transferable could force users to pay the 1.5% Friend.tech platform fee in an “ironic” shift from the platform’s non-venture capitalist approach.
How to short Bitcoin on Binance and Coinbase
Shorting Bitcoin on Binance and Coinbase is akin to a high-stakes gamble where mastering margin trading and futures contracts is key to tilting the odds in your favor.
Hundred Finance hacker moves stolen assets a year after $7M exploit
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet.
Bitcoin post-halving price consolidation could last 2 months — Bitfinex
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term.
Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?
Microsoft pours $2.2B into Malaysia for cloud, AI expansion
In a statement, Microsoft said it will collaborate with the Malaysian government to establish a “national AI Center of Excellence” and improve cybersecurity capabilities.
Indian enforcement agency collaborates with Binance to bust scam app
The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.
LayerZero cross-chain interoperability protocol completes first airdrop snapshot
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world’s largest perps DEX, suggesting a potential $17 billion fully diluted valuation.
Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M
BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction.
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.
FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services.
Nigeria’s Patricia Exchange CEO debunks closure rumors
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.
Arkansas bills reining in crypto miners head for governor approval
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.
Synethix founder Kain Warwick targets mid-May launch for Infinex DEX
The Infinex front-end DEX is targeting a May 13 launch, pending a final vote from Synthetix’s governing council.
Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts.
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.
DeFi lending giant Aave unveils V4 protocol overhaul
Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO.
Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.
BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed
BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.
MicroStrategy to launch Bitcoin-based decentralized ID solution
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.
Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.
Bitcoin traders set $50K price target after BTC falls below key support level
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.
Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.
Proposed US bill wouldn’t allow taxing block rewards at acquisition
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.
3 signs hint that Bitcoin price is nearing a bottom
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.
Jerome Powell’s pivot heralds a boring summer for Bitcoin
The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.