Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

[PRESS RELEASE – Singapore, Singapore, May 2nd, 2024] MAS-regulated custodian Propine is announcing its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global […]

“Cryptocurrency can be exciting and, indeed, profitable. However, the landscape is plagued with investment scams posing as legitimate platforms. These …

TL;DR LayerZero has completed its first snapshot for the upcoming airdrop. ZRO, its native currency, becomes the first Hyperp on Hyperliquid, trading at $8.3 and a possible fully diluted valuation of $17 billion. There are concerns about the long-term impact of airdrops on DeFi protocols due to the involvement of professional airdrop hunters. LayerZero, a […]

Bitcoin has fallen to US$57,433, experiencing a 22% decrease from its March 2024 peak, amid mixed signals on whether to buy the dip. Persistent inflation contributes to the crypto market’s current downturn, alongside ETF outflows. Analysts predict further declines but remain optimistic about Bitcoin’s long-term growth, viewing the current drop as a potential buying opportunity. […]

Zeus Network advocates for interoperability to resolve challenges of fragmented liquidity and enhance scalability across blockchain networks. Utilising Solana’s architecture and Zeus Program Library, Zeus Network develops tools to foster seamless cross-blockchain interactions. ZPL features, like verifiability and customisability, support digital asset transfers across networks, promising enhanced integration and security. Since Bitcoin’s inception, the blockchain […]

Bitcoin is facing a critical juncture as it has entered a ‘danger zone,’ according to prominent gold advocate Peter Schiff. This investor, known for his skepticism toward Bitcoin, suggests that the cryptocurrency is entering a “do or die” phase, potentially marking the end of its bullish run if current trends continue. Breaking Points And Bearish […]

Company Name: DEMAND Founders: Alejandro De La Torre and Filippo Merli Date Founded: 2023 Location of Headquarters: Lisbon, Portugal and Florence, Italy Amount of Bitcoin in Treasury: “Currently being bootstrapped” Number of Employees: 2 Website: https://www.dmnd.work/ Public or Private? Private Alejandro De La Torre is deeply concerned that Bitcoin mining is too centralized, and he’s […]

BlockDAG Achieves A Stellar $21.7M In Sales, Surpassing BNB, SOL, XRP, And SHIB With A Future Vision Of $30 The cryptocurrency landscape is continually evolving, with stalwarts like Binance Coin (BNB), Solana (SOL), XRP, and Shiba Inu (SHIB) pushing the envelope with innovative advancements and unique offerings. Amid these developments, BlockDAG has made headlines by […]

Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at Tether’s (USDT) stablecoin dominance. In a new report titled “Tether Loses Market Share,” Kaiko Analytics says that the stablecoin issuer’s market share over centralized exchange platforms (CEXs) has dipped 13% year-to-date (YTD) due to the growth of rival dollar-pegged digital assets, such […]

Bitcoin may visit $40,000 before bull market really resumes, says Peter Brandt

Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […]

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.

The majority-Republican House overwhelmingly approved the Senate-backed measures, which include requiring cryptocurrency mines to apply noise- …

Bitcoin prices slumped to a nine-week low just below $57,000 on May 1, shedding a further 4% on the day. The asset has now bled a whopping 11% since the same time last week. Market dips and flush-outs are not uncommon for crypto assets, but Glassnode analyst James Check thinks this time is different. Large […]

Solana (SOL) co-founder Raj Gokal is naming two blockchains that have a head start in the sovereign blockchains crypto sub-sector. At a TOKEN2049 panel discussion, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains. A sovereign blockchain is typically under the control of a single entity, […]

Bitcoin price extended losses and settled below $60,000. BTC is now consolidating losses near $58,000 and remains at risk of more downsides in the near term. Bitcoin extended losses and traded below the $60,000 zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a major bearish trend line […]

MicroStrategy revealed its latest innovation today, a decentralized identity (ID) platform built on the Bitcoin network, named MicroStrategy Orange, at the MicroStrategy World: Bitcoin for Corporations 2024 event. JUST IN: MicroStrategy launches an enterprise platform for building decentralized identity applications on #Bitcoin — MicroStrategy Orange 👀 pic.twitter.com/P5PXz80kSD — Bitcoin Magazine (@BitcoinMagazine) May 1, 2024 “Today, I’d like to […]

TL;DR Pike Finance, a cross-chain lending protocol, was exploited for the second time in less than a week, leading to losses of over $1.6 million. The exploit was carried out on the Ethereum (ETH), Arbitrum (ARB), and Optimism (OP) blockchains. The attacker exploited a vulnerability in Pike Finance’s smart contracts, using the initialize function to insert malicious code. […]

TL;DR Fantom Foundation has launched a $6.5 million development fund in its native cryptocurrency, FTM, to promote the development of safer memecoins. The foundation’s CEO, Michael Kong, aims to replicate the success of other blockchains by introducing measures to protect memecoin projects against fraud and scams. The strategy includes a prize pool of 10 million […]

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms. The update also focuses on automatizing interest rates based on market conditions with Chainlink data […]

BlockDAG Expands Crypto Payment Options & Announces 4-Month Vesting Period As Tonecoin Transforms Digital Payments Amid Declining BNB Supply Telegram aims to integrate Toncoin into its ecosystem to facilitate ultra-fast and secure transactions directly through chat. At the same time, BNB plans to reduce its supply over time to shorten it as demand increases. BlockDAG […]

Tech mogul Elon Musk has issued acute tweet about easy way to support free speech

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.

By the end of 2021, India had 15 homegrown cryptocurrency exchange platforms, furiously working the trading and selling aspect of the with more than …

HodlX Guest Post  Submit Your Post   DeFi (decentralized finance) has been nothing short of a revolution. Its startling promise – to upend traditional financial systems and usher in an era of unprecedented accessibility, transparency and autonomy. From humble beginnings, this new ecosystem has undergone explosive growth, now boasting a fervent global following and billions in […]

Korok Ray, Bitcoin researcher and Associate Professor at the Mays Business School at Texas A&M University, announced plans to launch The Bitcoin Research Institute to drive academic research at the intersection of Bitcoin and artificial intelligence. At the MicroStrategy World: Bitcoin for Corporations 2024 event, Ray made note of Bitcoin’s potential to enable secure multi-party […]

Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

TL;DR Dogecoin (DOGE) faces a 15% weekly price decline but shows potential for recovery with a rise in non-empty wallets, hinting at increased demand. Shiba Inu (SHIB) and Bonk Inu (BONK) also exhibit signs of resurgence; SHIB, through network upgrades and token burns, and BONK with a significant price increase, positioning it among the top […]

Unfortunately, digital gold could not withstand existing selling pressure

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]

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.