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April 23, 2025
Symbiotic’s new staking layer aims to create a collaborative economic incentive to secure networks and reshape collaboration dynamics across blockchains. Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain...
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Ethereum’s lead in the $16.1T tokenization race could slip away if maxis don’t insist it’s the only acceptable source for truth for RWAs. For years, the default assumption in the Ethereum community has been that it will inevitably become the global settlement layer for finance. It didnt matter that retail was jumping ship for faster...
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PayPal will offer a 3.7% yield on PYUSD to boost usage, with monthly rewards paid in the stablecoin, according to a Bloomberg report. Payments behemoth PayPal plans to offer a 3.7% yield on balances held in its PayPal USD stablecoin. According to an April 23 Bloomberg report, a PayPal representative said that the measure aims...
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Michael Saylor and Blue Macellari praised new SEC Chair Paul Atkins, calling him positive for Bitcoin and crypto policy. Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for newly appointed US Securities and Exchange Commission (SEC) Chair Paul Atkins. In an April 23 X post, Saylor wrote that “SEC...
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Coinbase confirms plans to hire over 130 employees in Charlotte, citing the city’s growing role as a fintech and compliance hub. Crypto exchange giant Coinbase is set to expand its footprint by hiring over 130 employees in Charlotte, North Carolina, as part of a broader push to tap into emerging fintech talent pools across the...
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BTC price is up 15% in April, breaking from the tech-heavy Nasdaq 100, which has dropped 4.5%; Bitcoin moves into the top five largest assets. Bitcoin (BTC) has overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization. As of April 23, Bitcoin’s market cap surged to $1.87 trillion, edging past...
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Bitcoin ETFs recorded their highest inflows in over three months as investors regained confidence. Investments in Bitcoin exchange-traded funds (ETFs) rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns about global trade tariff escalations. US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on...
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Bitcoin whale buying power is visible on both Binance and Coinbase as BTC price upside causes a familiar seller to abandon order book control. Key points: Whales on Binance join Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally. Read...
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Crypto markets see $635 million in liquidations as Bitcoin surges past $94,000, with traders eyeing a potential short squeeze toward $100,000. Crypto markets have faced a wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. Most of the liquidations (over $560 million) came from short positions,...
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Crypto drainers have evolved into an accessible, professionalized software-as-a-service industry, enabling low-skill actors to steal cryptocurrency. Crypto drainers, malware designed to steal cryptocurrency, have become easier to access as the ecosystem evolves into a software-as-a-service (SaaS) business model. In an April 22 report, crypto forensics and compliance firm AMLBot revealed that many drainer operations have...
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