After the US rejected the idea of a CBDC following Trump’s election, it’s yet to be seen whether other countries have any success with their national digital currency projects. The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far,...Continue Reading

Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities. Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those...Continue Reading

Bitcoin’s profitable supply nears 90% as strong buyer demand signals a potential rally toward $115,000. Key takeaways: Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area. Onchain data shows strong accumulation from new and momentum buyers with minimal profit-taking. Read moreContinue Reading

Bitcoin price trades in a tight range below $96,000 as markets await Donald Trump’s 100-day speech on April 29, which could spark a new rally. Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting...Continue Reading

Phoenix Group added 52 megawatts to its Ethiopian Bitcoin mining operations, raising its total there to 132 megawatts, with a reported over 500 megawatts worldwide. Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest...Continue Reading

Miden, a zk-powered blockchain spun out of Polygon Labs, raised $25 million led by a16z to scale edge execution and support institutional blockchain adoption. A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx,...Continue Reading

Circle received in-principle approval from Abu Dhabi regulators, moving closer to launching regulated stablecoin services and expanding global USDC adoption. USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to...Continue Reading

Protect your digital identity by using strong, unique passwords with a password manager and enabling two-factor authentication (2FA) on all accounts. Your digital identity is the fingerprint you leave across the internet, a living map of who you are. Your digital identity is more than just your name or email; it stretches from your social...Continue Reading

Loopscale fell victim to a $5.7 million exploit after attackers manipulated its RateX PT token pricing, draining funds from its USDC and SOL vaults. DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an...Continue Reading

The DOJ stated that Mashinsky’s plea showed that his crimes were “not the product of negligence” but the result of “deliberate, calculated decisions to lie.” Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the US Department of Justice (DOJ) seeks a severe penalty...Continue Reading