A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins. Former Blockchain Association member Jake... Read more »
Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data. In an April 18 statement, Binance confirmed transferring 100%... Read more »
Worldcoin Foundation announced on April 16 that it will launch a proprietary Layer-2 network on Ethereum called World Chain — describing it as a “new blockchain designed for humans.” World Chain is... Read more »
Glassnode data shows that OG Bitcoin holders, or Fish (yellow), those holding between 1 – 10 BTC, still have the lowest realized price by quite some margin at just $15,630. Compared to... Read more »
Solana-based proof-of-work project (PoW) Ore has suspended its mining operations immediately, citing network congestion and instability issues. The halt follows a remarkable surge in Ore’s market value, which more than tripled following... Read more »
Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim and was... Read more »
Crypto commentator ZachXBT criticized an annual fee that X now requires from new accounts. ZachXBT wrote on April 15 that the new policy will not eliminate bot account-driven scams because “hundreds of... Read more »
Hong Kong further solidified its status as a crypto hub, with several issuers reporting approval of their spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs) applications on April 15. However, Hong Kong’s foremost... Read more »
The following is a guest post by Kadan Stadelmann, the CTO of Komodo Blockchain. The US has undergone an immense consolidation of wealth and power in recent years. Americans everywhere are suffering... Read more »
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax... Read more »