Bitcoin L2s set to explode as Runes congest BTC network High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions.May 1, 2024Rachel Wolfson
Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and goldThe majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.May 1, 2024Zoltan Vardai
Losses from crypto hacks plunge 67% in April to $60 millionThe amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.May 1, 2024Zoltan Vardai
Chainlink to join Rapid Addition in building blockchain adapter for institutionsChainlink Labs’ Vince Turcotte told Cointelegraph that they expect digitally-native institutions to be the first to adopt the integration.May 1, 2024Ezra Reguerra
The reasons Bitcoin price is down 11% since the halvingBitcoin’s current price action is “hardly a surprise,” given the extraordinary bullish action leading up to the fourth halving.May 1, 2024Helen Partz
Extradition papers ready for Binance’s Anjarwalla, says Interpol NigeriaThe Interpol official did not confirm if the Binance executive is currently being held in Kenya but did say that he was last seen in the country.May 1, 2024Amaka Nwaokocha
Curve Finance awards dev $250K for finding reentrancy vulnerabilityCurve Finance awarded cybersecurity researcher Marco Croc with its maximum bug bounty award of $250,000 after thoroughly investigating the security flaw.May 1, 2024Arijit Sarkar
Chinese police capture StarkNet airdrop identity forger: ReportThe suspect has claimed over 40,000 STRK tokens that belonged to victims before converting them to over 90,000 USDT.May 1, 2024Zoltan Vardai
Pike Finance exploited for $1.6M in second incident in 3 daysA smart contract vulnerability led to nearly $2 million worth of lost funds within three days on Pike Finance, which is offering a 20% reward for the stolen assets.May 1, 2024Zoltan Vardai
Crypto veterans call out DOJ for targeting Roger Ver a decade after he left USMany members of the crypto community criticized the U.S. government for its indictment against Ver, with some calling it part of the broader anti-crypto stance of the Biden administration.May 1, 2024Prashant Jha
Bitcoin price loses $60K support to hit 2-month lowsBitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February.May 1, 2024William Suberg
EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?Mass withdrawals started on April 29 after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop.May 1, 2024Zoltan Vardai
Nigeria restricts fintech onboarding to stop KYC-evading crypto investorsNigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.May 1, 2024Arijit Sarkar
Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyerCZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Aaron Lane.May 1, 2024Jesse Coghlan
XRP, SOL, DOGE open interest falls a combined 51% in the last monthDogecoin’s open interest saw the steepest decline among the top 10 cryptocurrencies by market cap, falling 64% since the start of April.May 1, 2024Ciaran Lyons
Vitalik Buterin breaks down ‘Binius’ as a way to speed up zero-knowledge proofsThe Ethereum co-founder expects “many more improvements” in binary-field-based proving techniques in the months ahead.May 1, 2024Martin Young
RWA protocols are closing in on $8B total value locked: MessariThe TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari.May 1, 2024Martin Young
Fantom bets on ‘safer memecoins’ with launch of $6.5M dev fund Fantom Foundation CEO Michael Kong hopes the blockchain can “replicate the success” of its peers by getting in on the memecoin hype.May 1, 2024Jesse Coghlan
‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correctionCrypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.May 1, 2024Ciaran Lyons
‘No signs’ of Bitcoin miner capitulation despite plummeting revenueCryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation.May 1, 2024Tom Mitchelhill
BlackRock’s BUIDL becomes the world’s largest tokenized treasury fund It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one-year-old tokenized treasury fund.May 1, 2024Brayden Lindrea
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — GlassnodeData suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.Apr 30, 2024Nancy Lubale
US Court to hear proposed remedies from Terraform Labs, Do Kwon in MayThe SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.Apr 30, 2024Turner Wright
CZ sentenced: A chronology of Binance’s legal battles in the US Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.Apr 30, 2024Ana Paula Pereira
Physical version of gold-backed token replaces Zimbabwe dollarThe country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance.Apr 30, 2024Derek Andersen
Changpeng Zhao four-month prison sentence lighter than expectedProsecutors initially sought to charge the former Binance executive with 36 months.Apr 30, 2024Shiraz Jagati
Bitcoin DeFi ecosystem thrives despite market correctionThe Bitcoin DApp ecosystem has been reinvigorated by the invention of native protocols such as Ordinals.Apr 30, 2024Zhiyuan Sun
Bitcoin falls under $60K as BTC‘s futures premium drops to a 5-month lowBitcoin price revisits recent lows as the BTC futures premium falls to a 5-month low. Is the bull market over?Apr 30, 2024Marcel Pechman
Ex-Binance CEO Changpeng Zhao sentenced to four months in prisonChangpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond.Apr 30, 2024Turner Wright
US Justice Dept charges Roger Ver with tax fraudThe early crypto investor, often called “Bitcoin Jesus,” faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.Apr 30, 2024Turner Wright