Research from Fidelity Digital Assets suggests that the Bitcoin bull market is not done yet, as the “acceleration cycle” has yet to produce a blow-off top. A recent Fidelity Digital Assets report questioned whether Bitcoin’s price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration...Continue Reading
CertiK says over $33 million was stolen for the month, but decentralized exchange aggregator 1inch successfully recovered a portion of stolen funds, dropping the total. Losses to crypto scams, exploits, and hacks dropped to just $28.8 million in March, far from February’s spike to $1.5 billion in losses after the Bybit hack. Code vulnerabilities accounted...Continue Reading
Among the crew is crypto entrepreneur Chun Wang, the founder of Bitcoin mining pool F2Pool, who also bankrolled the flight. Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor. Chun Wang,...Continue Reading
Vanuatu has passed crypto regulation and licensing legislation that a government adviser says is strict to dissuade bad actors that may seek to take advantage of small island nations. Vanuatu has passed laws to regulate digital assets and provide a licensing regime for crypto companies wanting to operate in the Pacific island nation, which a...Continue Reading
The zkLend hacker said they were “devastated” after sending $5.4 million in Ether to a fake version of Tornado Cash, according to onchain messages. The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss...Continue Reading
A day after SIR.trading was hacked for $355,000, the protocol’s founder pleaded for the hacker to return a portion of the stolen funds. The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol...Continue Reading
Two special elections have the potential to narrow Republicans’ majority in the House of Representatives, but many experts suggested the races are a long shot for Democrats. Two Republican candidates supported by at least a combined $1.5 million in media spending from a cryptocurrency-backed political action committee (PAC) are making final pleas to voters turning...Continue Reading
Brian Armstrong says letting stablecoin issuers make interest payments directly to holders would let consumers and the broader US economy “reap the full benefits.” Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong...Continue Reading
Across Protocol, Crossmint, Validation Cloud, Abound, Scytale Digital, Chronicle, Halliday and Level USD announced funding rounds in March. Venture capital funding continued to pour into the blockchain and cryptocurrency industry in March, even as market commentators sensationalized the end of the bull market amid Bitcoin’s 30% retracement. VC flows are considered a vital sign for...Continue Reading
Amid all the talk about regulation, the real question is: Will traditional brokerages build secondary RWA markets, or will crypto platforms fill the gap? The market for tokenized real-world assets (RWAs) is growing by the day, but contrary to belief, the biggest hurdle to broader adoption isn’t regulation, but a lack of dedicated secondary markets...Continue Reading
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