Opinion by: Felix Xu, co-founder of ARPA Network and Bella Protocol AI has been a dominant narrative since 2024, but users and companies still cannot completely trust it. Whether it’s finances, personal data or healthcare decisions, hesitation around AI’s reliability and integrity remains high. This growing AI trust deficit is now one of the most … Read more
Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local lows in March. Active address numbers have yet to mimic a classic bull market comeback. Bitcoin (BTC) short-term holders (STHs) are back in the game as a … Read more
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 used by illegal entities to receive, transfer or store stablecoins. Crypto compliance firms typically score crypto wallet addresses based on their likelihood of … Read more
Key takeaways: Strong Ethereum ETF inflows signal high institutional demand. Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength. A bull flag pattern on the ETH’s four-hour chart targets $2,100. Ether’s (ETH) price rose to a new range high at $1,860 on April 28, its highest value since April 2. Several … Read more
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, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO … Read more
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau … Read more
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, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including … Read more
The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking. Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have … Read more
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 obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the … Read more
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 addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, … Read more
What is digital identity? 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 media profiles and crypto wallet addresses to your device fingerprints and even the rhythms of your daily … Read more
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 price sensitivity to demand. Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains. Traders say Bitcoin price must clear key … Read more
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market analysts. BlackRock’s iShares Bitcoin Trust (IBIT) ETF bought $970 million worth of Bitcoin (BTC) on April 28, its second-largest day of inflows on … Read more
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. Bitcoin could rally toward $110,000–$115,000 helped by a “max buying” zone. Bitcoin (BTC) is charging toward a potential new all-time high near $115,000, as a surge … Read more
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 April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88 million) have been returned to its wallets … Read more
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) is seeking a severe penalty for his fraudulent activity. The US DOJ on April 28 filed the government’s sentencing memorandum against Mashinsky, recommending a 20-year prison sentence due to … Read more
Key points: Bitcoin has beaten out three key resistance levels in a single weekly candle. The weekly close defended the 2025 yearly open, but a subsequent dip below it is making analysis question the strength of the BTC price breakout. BTC/USD remains in a “critical zone” pending fresh support confirmations. Bitcoin (BTC) has broken through … Read more
What is the Paws Telegram Mini App? Paws is a Telegram-based Mini App created by the same team behind other projects, such as Notcoin and Dogs. If you’ve been cruising around Telegram lately, chances are you’ve stumbled upon Paws, the viral crypto Mini App that’s got everyone tapping, clicking and inviting their friends like it’s … Read more
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem. According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected … Read more
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features a ruble-backed stablecoin might require. Sergey Mendeleev, founder of the digital settlement exchange Exved and inactive founder of the sanctioned Garantex exchange, put … Read more
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to launch the stablecoin, pending regulatory … Read more
The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project. The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s … Read more
Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people’s opinions. As part of the experiment, AI-powered accounts faked a variety of personas, including a rape victim, a person opposed to specific social movements and … Read more
US federal prosecutors and the co-founders of the crypto mixer Samourai Wallet have asked a court for more time to consider potentially dismissing the case after the Justice Department rolled back its crypto enforcement. Lawyers for Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill said in an April 28 letter to Manhattan … Read more
While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play, according to Tether co-founder Reeve Collins. Speaking to Cointelegraph in Dubai, Collins said that while USD-backed stablecoins may currently dominate, other currencies and assets may compete to back stablecoins. He said: “The stablecoin definitely helps … Read more
Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the Trump administration’s tariff disruptions. The trade tensions are fracturing the monetary, political and international world orders by fueling deglobalization and unsustainable trade imbalances, Dalio, the former CEO of hedge fund … Read more
The crypto lobby group, the DeFi Education Fund, has petitioned the Trump administration to end what it claimed was the “lawless prosecution” of open-source software developers, including Roman Storm, a creator of the crypto mixing service Tornado Cash. In an April 28 letter to White House crypto czar David Sacks, the group urged President Donald … Read more
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos. Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said … Read more
The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors. The board will act as the “security council to protect the heart and soul” of the foundation and set visions for Ethereum, while the new management will … Read more
Key takeaways: BONK price is up 73% since April 22, hitting a five-month high of $0.00002167. BONK’s open interest surged 290% to $43.2 million. Bonk (BONK), the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low … Read more