Tron was ahead of Ethereum for USDT circulation between 2022 and 2024, and it is poised to reclaim that position. The Tron network has drawn closer to regaining the lead from Ethereum in Tether circulation after another big mint by the US stablecoin issuer. On May 5, Tether minted another $1 billion Tether (USDT) on...Continue Reading

The change will remove a limit on the amount of arbitrary data that can be added to Bitcoin transactions. Bitcoin Core developers have decided to remove a limit on transaction data in the next network upgrade, enabling more data to be included in a more efficient way.  “Bitcoin Core’s next release will, by default, relay...Continue Reading

Stock and crypto trading platform eToro is looking at a $500 million raise to value it at $4 billion when it goes public in the US. The Israel-based eToro Group says it’s looking for a valuation of up to $4 billion with its initial public offering in the US, as the stock and crypto trading...Continue Reading

OKX MENA CEO Rifad Mahasneh told Cointelegraph that while hype can drive project growth in Web3, providing everyday value should be a priority for RWA tokenization projects. Crypto exchange OKX’s CEO for its Middle East and North Africa (MENA) arm urged the industry to focus on delivering real-world utility as interest in real-world asset (RWA)...Continue Reading

The ending of enforcement actions against several crypto firms, indicates a changing tide when it comes to crypto regulation, says Finzer. The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea.  Speaking to Cointelegraph, Finzer said...Continue Reading

Crypto ETPs saw $2 billion in inflows last week, with Bitcoin leading gains and BlackRock dominating activity. Cryptocurrency investment products attracted $2 billion in new inflows last week, according to the European investment firm CoinShares. Global crypto exchange-traded products (ETPs) have added $5.5 billion in inflows in the past three weeks, according to the latest...Continue Reading

An Israeli-Russian citizen alleged to be behind the $190 million Nomad bridge hack is reportedly being extradited to the US to face possible money laundering charges. A Russian-Israeli citizen allegedly involved in the $190 million Nomad bridge hack will soon be extradited to the US after he was reportedly arrested at an Israeli airport while...Continue Reading

The latest crypto markets draft bill could democratize crypto participation due to a rule that would require crypto project members to disclose crypto token holdings above 1% of total supply. The new “Digital Asset Market Structure Discussion Draft” introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms...Continue Reading

Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration.” Two Florida crypto bills have been removed from the legislative process in the latest blow to American state-level strategic Bitcoin reserve ambitions.  Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration” on...Continue Reading

The X accounts of Curve Finance and Tron DAO were recently taken over by scammers, adding to the growing list of high-profile account takeovers. A hacker who took over the Tron DAO X account is estimated to have made around $45,000 in improperly solicited funds, according to a spokesperson from Tron.  Speaking to Cointelegraph, the...Continue Reading