“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.
Decentral Block Post
Circle shifts legal home to US ahead of IPO
Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence.
Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.
Solana-based Cypher developer confesses to gambling away $300K of user funds
The insider’s exploit went unnoticed for months, despite over 36 individual transactions.
El Salvador mines 474 Bitcoin using geothermal volcanic energy
El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years.
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs.
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing.
4 things Google Gemini users will be able to do soon
Google boss Sundar Pichai unveiled that its AI model Gemini is getting put into a slew of the company’s products and services, including its flagship Search product.
Bitcoin could top $100K but only if ‘high-yield rate’ falls below 7% — Analyst
Bitcoin needs the high yield rate to fall as low as 6% to reach a “sustainable all-time high,” says crypto analyst Timothy Peterson.
More than one million new tokens have been launched since April
Nearly half of the one million new tokens launched since April 1 have been memecoins created on the Solana network.
Vanguard names Bitcoin-friendly former BlackRock exec as new CEO
Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.
Degens pumped GameStop memecoins because they're ‘bored’ — Traders
Crypto investors have flocked to unofficial GameStop memecoins because they're jumping on any “sign of hope they can,” say traders.
Layer-3 network Degen Chain hasn’t produced a block in 53 hours
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days.
OpenAI co-founder and chief scientist departs AI firm
Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project with research director Jakub Pachocki now moving into the role of chief scientist.
Cypher core contributor admits to stealing $260K and gambling it away
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”
Bitcoin will stay in $55K to $75K zone for now: Novogratz
Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter.
UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients
It comes just two weeks after the Insolvency Service secured a winding-up order against Amey’s firm in the United Kingdom High Court on April 30.
Here’s why US debt is out of control — and Japanese debt isn’t
Japanese debt might be high, but it isn't comparable to American debt, which is set to trigger a financial implosion — and light a spark under Bitcoin.
SEC tries again for Debt Box suit dismissal with option to refile
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit.
Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers
Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions.
Filing suggests SEC is exploring grounds to deny spot Ether ETFs
A March 4 filing for BlackRock's spot Ether ETF called for feedback on whether the investment vehicle could be listed as a commodity.
Alex bridge on BNB Smart Chain drained of $4.3M after suspicious upgrade — CertiK
The deployer account changed an Alex contract’s implementation address, and multiple tokens were subsequently drained from its bridge.
Bitcoin price loses steam, but futures markets forecast upside above $70K
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level.
Galaxy Digital’s revenue soars with mining, fees at record levels
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust.
Welcome to the United Kingdom — Please hand over your crypto
An April change to United Kingdom law will allow authorities to treat crypto like other assets by seizing it without accusing suspects of wrongdoing.
Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?
What is GPT-4o, and how is it different from GPT-3, GPT 3.5 and GPT-4?
GPT-4o is OpenAI’s most advanced AI model, surpassing its predecessors in speed, cost-efficiency and multimodal capabilities.
CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs
CoinShares’ revenue, gains and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year.