Text
stringlengths
1.5k
11.7k
[INST] Worldcoin tightens privacy checks, allows users to unverify World ID [/INST] Worldcoin, the digital identity and cryptocurrency project built by OpenAI CEO Sam Altman, is adding new features to increase the protection of personal data and improve age verification. On April 9, Worldcoin announced two updates: Th...
[INST] Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement [/INST] Shares of a BlackRock money market fund have been tokenized on the Hedera blockchain sending the Hedera (HBAR) token on a 96% rally in the last 24 hours — but the world’s largest asset manager confirmed it has no relationship with Hed...
[INST] Wealth management firms to boost Bitcoin ETF holdings — Bitwise CEO [/INST] Bitwise CEO Hunter Horsley has predicted that wealth management firms will increase their holdings of Bitcoin (BTC) exchange-traded funds (ETFs). The prediction comes at a time when Bitcoin ETFs are expected to gain even more traction af...
[INST] Prisma Finance exploited in $10 million breach [/INST] Decentralized finance (DeFi) protocol Prisma Finance was exploited for around $10 million worth of cryptocurrencies on March 28. On-chain security alert provider Cyvers were the first to detect the anomaly, according to a March 28 X post: “Our system has d...
[INST] El Salvador: Hackers leak code of state Bitcoin wallet [/INST] The saga of El Salvador’s state-operated Bitcoin (BTC) wallet, Chivo, continues to unfold as hackers expose more sensitive information related to the wallet. The hacker group known as CiberInteligenciaSV released part of the source code on the black...
[INST] DAO acquires rights to the image behind the Doge meme [/INST] Own The Doge, the decentralized autonomous organization (DAO) associated with the Shiba Inu meme behind the Dogecoin (DOGE) token, announced that it had secured legal rights to the iconic image. Speaking to Cointelegraph on April 17, Own The Doge pro...
[INST] Starknet explains reasons for 4-hour block outage [/INST] Ethereum layer-2 protocol Starknet suffered a block reorganization that led to a backlog of transactions. The protocol’s block monitoring tool, Starkscan, showed an outage of four hours in block production. Starkscan shows a gap between the creation of b...
[INST] El Salvador’s newest Hilton hotel to tap into tokenized debt on Bitcoin [/INST] Investors will soon be able to own a slice of a new 4,500-square-foot Hampton by Hilton hotel in El Salvador by buying tokenized shares issued on the Bitcoin layer 2 Liquid Network. The country’s first-ever tokenized asset raise wil...
[INST] Binance and its detained US exec face more charges in Nigeria [/INST] Troubled global cryptocurrency exchange Binance is facing more issues in Nigeria as its United States-based executive Tigran Gambaryan remains detained in the country. Nigeria has introduced more charges against Binance despite the exchange t...
[INST] Hong Kong Bitcoin, Ether ETF structures revealed ahead of April 30 launch [/INST] Hong Kong spot Bitcoin and Ether exchange-traded funds (ETFs) will be remarkably different from their United States counterparts, with the city’s regulator having greenlit them for an April 30 launch. According to a report by one ...
[INST] SEC’s closed-door policy stifling crypto innovation — Hester Peirce [/INST] United States Securities and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for more interaction with the public. Speaking at th...
[INST] Filecoin Foundation launches Chinese legal inquiry into STFIL incident [/INST] Filecoin Foundation, a nonprofit that promotes the development of Web3 storage protocol Filecoin, “has a lawyer in China” and is investigating the reported detention of Filecoin Liquid Staking (STFIL) team members, according to an Apr...
[INST] Argentine government passes registration requirements for crypto firms [/INST] Argentina’s government has begun implementing requirements for cryptocurrency exchanges to operate legally in the country. In a March 25 announcement, Argentina’s Comisión Nacional de Valores (CNV) — the country’s equivalent of a sec...
[INST] Software engineer sentenced to three years in prison for Nirvana hack [/INST] Computer security engineer Shakeeb Ahmed was sentenced to three years in prison followed by three years of supervised release in Southern New York District (SDNY) Court. Ahmed was found guilty of flash loan attacks on the decentralized...
[INST] ParaSwap DAO votes to compensate hack victims [/INST] The community behind the decentralized finance (DeFi) aggregator ParaSwap has agreed to compensate hack victims using funds from its treasury. On April 4, the ParaSwap decentralized autonomous organization (DAO) pitched the idea of refunding the victims of t...
[INST] Grayscale’s Mini Bitcoin ETF ‘cheap’ fees are ‘hypothetical’ — analysts [/INST] Grayscale Investments has declared its upcoming “mini” version of the Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) will be almost a tenth cheaper than the current GBTC fees, making it the most cost-effective option among...
[INST] Lummis-Gillibrand bill will ban algorithmic stablecoins: Law Decoded [/INST] United States Senators Kirsten Gillibrand and Cynthia Lummis have introduced legislation establishing a regulatory framework for payment stablecoins. The legislation aims to prohibit “unbacked, algorithmic stablecoins”— likely a nod to...
[INST] Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers [/INST] Fidelity’s Bitcoin exchange-traded fund (ETF) has achieved a new record as the largest single investment in a Bitcoin fund, attracting $40 million from two traditional United States financial advisers. According to Bloomberg an...
[INST] Dencun is a big step towards mass adoption: Metis CEO [/INST] Ethereum’s Dencun upgrade is a big step for mass blockchain adoption that could also bring benefits for traditional financial (TradFi) companies in the crypto space, the CEO of layer-2 (L2) network Metis said. Tom Ngo told Cointelegraph in an intervi...
[INST] FTX saga ends as Sam Bankman-Fried gets 25 years in prison: Law Decoded [/INST] Judge Lewis Kaplan of the United States District Court for the Southern District of New York sentenced Sam “SBF” Bankman-Fried to a total of 25 years in prison following his conviction on seven felony charges. SBF is the first perso...
[INST] Tether boosts Bitcoin reserves with latest acquisition [/INST] Tether, the company behind the Tether (USDT) stablecoin, acquired 8,888 Bitcoin (BTC) worth $618 million on March 31. Following the acquisition, Tether’s wallet now holds 75,354 Bitcoin, bought at an average price of $30,305, worth around $5.2 billi...
[INST] John Deaton’s crypto backers help outraise Warren in Senate race [/INST] Pro-crypto lawyer John Deaton has outraised Senator Elizabeth Warren over the first quarter of this year for his bid to seize her Senate spot — bankrolling $1.36 million compared to Warren’s $1.09 million. A who’s who of crypto backers mak...
[INST] What to expect at Changpeng Zhao’s sentencing on April 30 [/INST] Former Binance CEO Changpeng “CZ” Zhao is scheduled to appear before a federal judge more than 160 days after pleading guilty to one felony count as part of a settlement agreement with United States authorities. On April 30, Judge Richard Jones w...
[INST] FTX estate to unload $7.6B locked Solana balance at 68% discount [/INST] The estate of bankrupt cryptocurrency exchange FTX will sell its balance of 41 million Solana (SOL), worth $7.65 billion at the time of publication, to institutional investors at around $60, or a 68% discount to its current market price. A...
[INST] Ethereum’s next hard fork could make lost private keys a thing of the past [/INST] Ethereum users may no longer need to worry about losing their seed phrases ever again after the Pectra hard fork — thanks to a new “social recovery” feature part of the planned Ethereum Improvement Proposal (EIP) 3074 upgrade. EI...
[INST] Manchester City to release digital collectibles through multi-year partnership with Quidd [/INST] The Premier League’s Manchester City Football Club has entered into a multi-year partnership with Animoca Brands subsidiary Quidd to develop and launch digital collectibles alongside new promotions and fan experienc...
[INST] UK to propose clearer crypto regulations by July [/INST] The United Kingdom Treasury intends to present a regulatory framework for crypto assets and stablecoins by July, with the aim of encouraging local innovation in digital assets and blockchain technology. The U.K.’s economic secretary to the Treasury, Bim A...
[INST] Paradigm leads $225M funding round for new ‘Solana killer’ L1 [/INST] Crypto-focused venture capital (VC) firm Paradigm is leading a $225 million funding round into a new layer-1 blockchain network, which is set to compete for market share with Solana and other top networks. Monad Labs completes the funding rou...
[INST] UK court freezes over $8M of Craig Wright’s assets [/INST] A United Kingdom court has approved the freezing of 6.7 million British pounds ($8.4 million) of Craig Wright’s assets to prevent him from evading court expenses. The decision was made after Wright transferred some of his assets outside of the U.K. afte...
[INST] Morgan Stanley wants to beat UBS to become first Bitcoin ETF bank [/INST] The launch of spot Bitcoin (BTC) exchange-traded funds (ETF) in the United States has fueled rivalry between investment banks over which will be the first wirehouse to add the products. Morgan Stanley is hoping to beat UBS in becoming the...
[INST] Vietnamese tech company to build $200M AI factory with Nvidia [/INST] The Vietnamese IT company FPT and Nvidia, a global leader in semiconductor chip production, said they would be collaborating to finance and build a $200 million artificial intelligence (AI) factory in Vietnam. In a joint statement on April 23...
[INST] Ernst & Young taps ZK-proofs on Ethereum to automate contracts [/INST] Big Four accounting firm Ernst & Young has launched an Ethereum-based solution using zero-knowledge proofs aimed at helping its private business clients facilitate complex contracts. Called the EY OpsChain Contract Manager (OCM), the solutio...
[INST] Lido’s Ethereum staking market share dips below 30% [/INST] The recent influx of Ether (ETH) stakers brought the market share of liquid staking solution Lido down to 29.57% from 32% in December 2023, helping reduce concerns around Lido’s growing influence on the ecosystem. Lido’s popularity in ETH staking, coup...
[INST] DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP [/INST] Institutional investors have a “growing interest” in decentralized finance (DeFi) but are held back by the risks of on-chain transactions, says a Fireblocks executive. The company aims to address these concerns by introducing...
[INST] Token2049 Dubai preview — tuxedos optional, lifejackets obligatory [/INST] Token2049, the annual Web3 conference, opens its doors on Thursday, April 18, but those doors may well be barricaded with sandbags as the desert city has been inundated with a wall of water. The city, which typically gets just 9.5 centim...
[INST] US Justice Department charges KuCoin and two founders with violating AML laws [/INST] United States Justice Department officials unsealed an indictment against cryptocurrency exchange KuCoin and two of its founders for “conspiring to operate an unlicensed money transmitting business” and violations of the Bank S...
[INST] Base asset tokenization protocol loses $1.7M due to private key leak [/INST] Real-world asset tokenization protocol Grand Base (GB), which operates on Coinbase’s native layer-2 blockchain, has suffered $1.7 million in losses after a private key compromise. “On April 15 at 03:01:27 AM +UTC, an exploit happened o...
[INST] Unharmonized regulation threatens stablecoin usability — BIS report [/INST] The Bank for International Settlements (BIS) has found that despite their promise, the use of stablecoins is hindered by international regulatory fragmentation, in a survey of 11 jurisdictions. The publication said the need for stablecoi...
[INST] Binance restricts unverified sub-accounts on Exchange Link program [/INST] Crypto exchange Binance announced mandatory Know Your Customer (KYC) requirements for its Exchange Link account holders under the Binance Link Program. On April 5, Binance said that only verified and compliant users will be given access ...
[INST] Indonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty Newsletter [/INST] In this week’s newsletter, read about how an Indonesian man who sold nonfungible token (NFT) selfies in 2022 is making a comeback through memecoins. Check out how asset manager BlackRock’s crypto wallet received memecoi...
[INST] Advocacy groups warn of ‘adverse repercussions’ for crypto in case against Tornado Cash co-founder [/INST] Representatives of three United States-based cryptocurrency advocacy organizations have filed amicus briefs in support of a motion to dismiss the charges against Tornado Cash co-founder Roman Storm. In Apr...
[INST] Etherscan ads behind massive phishing campaign [/INST] Several Ethereum blockchain explorer Etherscan advertisements have been identified as part of a major phishing campaign targeting Etherscan users. On April 8, X community member McBiblets identified some advertisements on Etherscan as wallet drainers, warni...
[INST] Fake Ethena Labs token exploited for $290K on Binance Launchpool [/INST] Update March 29, 09:50 am UTC: This article has been updated to clarify the token in question is a fake bearing the same name as Ethena Labs' ENA token. A fake token with the same name as Ethena Labs's ENA token has been exploited for 480 ...
[INST] ‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet [/INST] Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ phones. “Alert for iOS users: We have credible intel reg...
[INST] Bitcoin surpasses 65 million Ordinals inscriptions days before halving [/INST] The Bitcoin network has surpassed 65 million Ordinals inscriptions just days before the much-anticipated Bitcoin halving. Ordinals inscriptions surpassed the 65 million mark on April 11, less than one year and three months since thei...
[INST] Aave contemplates fee distribution in DeFi shake-up [/INST] A proposal may be in the works at the decentralized lending platform Aave as deliberations about the activation of a “fee switch” to distribute fees to holders is set to get underway, according to Aave Chan Initiative founder Marc Zeller. Zeller said, ...
[INST] Binance to return to India after paying $2M fine for non-compliance: Report [/INST] Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a report published in The Economic Times. Binance will be the second overseas exchange after K...
[INST] How acclaimed composer Hans Zimmer got to write a crypto theme song [/INST] Hans Zimmer, the iconic movie composer, can now add the wild world of crypto to his expansive list of compositions after collaborating with Tron to create a theme song for Web3. On April 16, the Tron blockchain announced that it would h...
[INST] Frax Finance dives into DeFi liquidity with $250M USDe allocation [/INST] Decentralized finance (DeFi) lending protocol Frax Finance has recently passed a community governance proposal that greenlights a $250 million allocation of Ethena Labs’ USDe to a new liquidity pool. As part of Frax’s Singularity Roadmap,...
[INST] Crypto community triumphs: Token2049 attendees brave Dubai storms [/INST] Despite the difficulties faced by crypto community members who flew to the United Arab Emirates for Token2049, the number of attendees who persevered surprised leaders and executives who came to the event. Bus stuck in the middle of the r...
[INST] Hong Kong spot Bitcoin ETF approval draws praise and caution from industry players [/INST] The much-anticipated approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in Hong Kong earlier this week represents a significant industry milestone for some experts. However, others warn that greater market forces,...
[INST] Casa's multi-key solution for tackling self-custody Bitcoin inheritance [/INST] Bitcoin self-custody firm Casa is rolling out an inheritance feature aimed at streamlining the transfer of assets to benefactors from deceased estates. The inheritance of cryptocurrencies can be a complicated process, even more so i...
[INST] Canada to begin implementing international crypto tax reporting standard [/INST] According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the new standard, which is expecte...
[INST] Australia's securities regulator appeals loss in Finder Wallet case [/INST] The Australian Securities and Investments Commission (ASIC) has filed to appeal its court loss against Finder Wallet, a sister company of Australian fintech firm Finder.com, over its “Earn” product which was found to be compliant with Au...
[INST] Bitcoin miner CleanSpark plunges 10% after $800M share offering [/INST] Bitcoin miner CleanSpark plunged 10% in after-hours trading on Thursday after the firm amended its at-the-market (ATM) offering agreement to sell up to $800 million of its stock. CleanSpark initially inked a deal for a $500 million ATM offe...
[INST] Grayscale fund drops ADA and ATOM after quarterly rebalancing [/INST] Grayscale has removed Cardano’s (ADA) token from its Grayscale Digital Large Cap Fund (GDLC) and Cosmos’ (ATOM) token from its Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). The removal of the tokens was part of Grayscale’s quar...
[INST] DeFi hub Chainage seeks tokenholder approval for $13M capital raise [/INST] Decentralized finance service provider Chainage, with around $100 million in total value locked, is seeking to raise $13 million for protocol expansion, contingent on tokenholders’ approval within its native decentralized autonomous orga...
[INST] Australian Monochrome spot Bitcoin ETF expected to launch within 2 months, says CEO [/INST] Australian asset manager Monochrome plans to launch its flagship spot Bitcoin exchange-traded fund (ETF) on the global listing exchange Cboe Australia. Monochrome filed for the spot Bitcoin ETF in July 2023. The Monochro...
[INST] Elon Musk’s AI spinoff is seeking $4B that could level up Grok: Report [/INST] Tech entrepreneur Elon Musk is seeking to raise up to $4 billion for his artificial intelligence (AI) startup xAI, the inventor of the X-linked AI chatbot Grok. Select investors are reportedly being offered the chance to participate ...
[INST] Holding Bitcoin now profitable 99.92% of all days [/INST] Bitcoiners maintained a profitable portfolio for 99.92% of all days, leaving just six days when investing in Bitcoin (BTC) did not turn out to be profitable since it launched over 14 years ago, on Jan. 3, 2009. Bitcoin recently marked an all-time-high pr...
[INST] Tether issued on TON blockchain at a ‘great start,’ says CEO — Now at $60M [/INST] $60 million worth of Tether (USDT) has already been issued on The Open Network (TON) since it began supporting the blockchain on April 19, making it the 11th-largest blockchain for Tether out of 16. On April 19, the stablecoin is...
[INST] Bitcoin halving: Why it’s important for BTC scarcity [/INST] The fourth-ever Bitcoin halving occurred a few hours ago at the 840,000th block. The halving is considered the most important economic mechanism influencing Bitcoin (BTC) supply and creating scarcity for the asset. The Bitcoin network’s fourth halving...
[INST] History of Crypto: Ethereum’s entry and Bitcoin’s expansion [/INST] Welcome to History of Crypto, a Cointelegraph series that brings readers back to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community members to explore and look back at the important events th...
[INST] Stablecoin competition crucial for regulatory engagement — Tether CEO [/INST] Ripple’s move to launch its own stablecoin could add further legitimacy to the stablecoin landscape, according to Tether CEO Paolo Ardoino. Speaking exclusively to Cointelegraph during Paris Blockchain Week, Ardoino said the stablecoi...
[INST] Marc Andreessen, Galaxy Digital, Accolade, back new $75 million crypto fund: Report [/INST] Prominent venture capitalists Marc Andreessen, Galaxy Digital, and Accolade Partners are among the top contributors to crypto venture capital (VC) firm 1kx’s latest fund. 1kx raised $75 million, with Chris Dixon, a partn...
[INST] Solana validators pass ‘Timely Vote Credits’ plan to speed up transactions [/INST] Solana validators have voted in a proposal aimed at decreasing the latency of consensus “votes” — which could speed up transactions on the blockchain. The proposal calls for a “Timely Vote Credits” mechanism on Solana and was pas...
[INST] Woo X exchange launches world’s first tokenized T-bills for retail [/INST] Woo X cryptocurrency exchange has launched tokenized United States Treasury Bills (T-Bills), claiming to be the first protocol to offer tokenized T-Bills for retail investors. Woo X launched its real-world–asset (RWA) tokenization vaults...
[INST] ‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M [/INST] A yellow notepad with “Buy Bitcoin” written on it, which was flashed behind then-United States Federal Reserve Chair Janet Yellen during a 2017 congressional hearing, has sold at auction for 16 Bitcoin (BTC) — over $1 million. The buyer, ide...
[INST] Bitcoin ETF demand turns negative around BTC halving [/INST] Demand for the newest Bitcoin investment products is slowing down as the world’s first cryptocurrency went through its fourth “halving” event. Spot Bitcoin exchange-traded funds (ETFs) became a benchmark for institutional investments in Bitcoin (BTC) ...
[INST] Base and SOL memecoin market caps plummet 19% and 12% in 24 hours [/INST] The total market capitalizations of memecoins on Solana and Coinbase's Ethereum layer-2 Base have witnessed a significant drop in the last 24 hours, plunging 12% and 19% respectively across the two networks. The memecoin sell-off arrived ...
[INST] US Bitcoin miner Giga Energy to launch facility in Argentina [/INST] Texas-based Bitcoin (BTC) miner Giga Energy has expanded its operations into Argentina as part of a move to utilize wasted energy from "natural gas flaring" on the South American nation's oil fields. Giga co-founder Brent Whitehead described t...
[INST] Bitfinex launches volatility futures on Bitcoin and Ether [/INST] Cryptocurrency exchange Bitfinex is expanding trading tools in response to a volatility spike in crypto markets by introducing new Bitcoin (BTC) and Ether (ETH) volatility futures. Bitfinex’s derivatives platform Bitfinex Derivatives, provided by...
[INST] OpenSea enables support for ERC-721C programmable earnings standard [/INST] Nonfungible tokens (NFT) trading platform OpenSea has added support for the ERC-721C token standard that allows creators to set and enforce royalties. According to the April 2 announcement, creators on OpenSea can now enforce earnings v...
[INST] Base sets record high DEX volume day, surpassing $1B [/INST] Coinbase Ethereum layer-2 network Base has shattered its trading volume record within a 24-hour on decentralized exchanges (DEX), jumping approximately 25% compared to the previous day and surpassing the $1 billion mark. On March 30, Base recorded $1....
[INST] Visa Token Service reaches 1B tokens served in Asia-Pacific market [/INST] Visa announced on March 26 that its payment services in the Asia-Pacific region have served more than 1 billion tokens while bringing an “uplift” to the market of more than $2 billion last year. Visa Token Service (VST), launched in 2014...
[INST] New Bitcoin whales, ETFs are up only 1.6% in unrealized profit — Is the BTC bottom in? [/INST] Institutional investors and Bitcoin exchange-traded fund (ETF) holders are barely up in unrealized profits, suggesting that this cohort is likely not to produce much selling pressure in the short term. So, was the dip ...
[INST] UK regulator scrutinizes Big Tech's role in AI industry [/INST] Regulators in the United Kingdom are keeping a watchful eye on the local artificial intelligence (AI) scene as Big Tech companies continue to dominate the space. On April 24, the U.K.’s Competition and Markets Authority (CMA) said it is in the proc...
[INST] Worldcoin will increase WLD supply by up to 19% in the next 6 months [/INST] Digital identity project Worldcoin will increase the supply of its WLD token by as much as 19% over the next six months through a swathe of private sales to non-United States institutions. In an April 23 blog post, Worldcoin shared tha...
[INST] Will DOGE reach $1 this cycle? It's a 'crapshoot,' say analysts [/INST] With the rising number of memecoins entering the market, Dogecoin’s (DOGE) strong community could keep the cryptocurrency from fading into obscurity, but analysts are skeptical of traders' hopes that it could reach a price of one-dollar this...
[INST] PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners [/INST] International payments giant PayPal has proposed to make sustainable Bitcoin (BTC) mining more economically attractive by rewarding miners through incentives layered on top of the Bitcoin network. PayPal’s Blockchain Research Group,...
[INST] BlackRock ETF close to overtaking Grayscale, despite second-lowest daily inflows [/INST] BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), is slowly approaching the market share of Grayscale’s Bitcoin Trust ETF (GBTC). BlackRock’s IBIT recorded the second-lowest daily inflow...
[INST] Crypto derivatives firm Deribit moves to Dubai after winning VARA approval [/INST] Deribit, one of the world’s largest exchanges offering options and futures for cryptocurrencies like Bitcoin (BTC), is relocating to Dubai after securing new local regulatory approval. The Dubai subsidiary of Deribit group, Derib...
[INST] Prisma Finance $11.6M hacker claims it was a ‘whitehat rescue’ [/INST] The hacker behind the $11.6 million exploit of decentralized finance (DeFi) protocol Prisma Finance is claiming it was a “whitehat rescue” and is enquiring about returning the funds, according to on-chain messages. “Hi, this is a whitehat re...
[INST] Nifty News: PayPal removes NFT protections, Adidas NFT sneakers and more [/INST] PayPal removes protections for NFT buyers and sellers Multinational payment services firm PayPal is silently taking down protections for purchases related to nonfungible tokens (NFTs). On May 20, amended policies will take effect,...
[INST] Crypto market stumbles amid arrest of Samourai Wallet founders [/INST] Bitcoin (BTC), Ether (ETH) and major altcoins briefly tumbled amid news of Samourai Wallet founders’ arrest by the United States Department of Justice (DOJ) on the backdrop of ongoing Middle East tensions and post-halving volatility. On Apri...
[INST] Australians wouldn’t value retail CBDC for its privacy or safety, RBA finds [/INST] The Reserve Bank of Australia (RBA) has examined the value the public would place on a retail central bank digital currency (CBDC). It looked at willingness to pay for the use of CBDC in a digital wallet and the privacy benefits ...
[INST] Thailand’s biggest crypto exchange goes on hiring spree ahead of IPO [/INST] Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, is hiring financial advisers to facilitate its planned initial public offering (IPO) listing. Bitkub aims to go public on the Stock Exchange of Tha...
[INST] Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply [/INST] The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin and now holds 3% of its circulating supply. The company announced the move on April 18, stating t...
[INST] Nigeria’s Binance crackdown threatens Web3 industry [/INST] Nigeria is feeling the consequences of actions against Binance executives, with investors withdrawing from deals and partnerships, particularly in the web3 sector. They mention Nigeria’s perceived lack of safety for business and government hostility, ci...
[INST] Restaking could introduce ‘hidden risks’ to Ethereum — Coinbase [/INST] Ethereum restaking could form the “bedrock” for a wide range of new decentralized applications on the blockchain, but it could also introduce several new hidden risks, says Coinbase. In an April 2 research report, Coinbase analysts David Ha...
[INST] Bitcoin ETF activity to remain robust until the halving: Santiment [/INST] Spot Bitcoin (BTC) exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving later this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume hasn’t sl...
[INST] Munchables hacker returns $62.8M Ether without ransom [/INST] It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether (ETH) stolen in an exploit without demanding a ransom. On March 26, roughly around 9:30 pm UTC, Ethereum...
[INST] AaveDAO debates Dai collateral limit after $600M mint with eUSD backing [/INST] The Aave decentralized autonomous organization (AaveDAO) continued to debate limits to Dai (DAI) collateral on April 5, as risk management consultants Chaos Labs offered a new proposal to reduce Dai loan-to-value ratios (LTV) by 12%....
[INST] Omni Network token falls 55% after airdrop, fake token completely rugs [/INST] The Omni Network’s ERC-20 token OMNI dropped over 55% nearly 18 hours after its airdrop, shaving off over half its market capitalization. Meanwhile, a fake token sporting the same name has just been “rug pulled,” with its price dumpi...
[INST] Once unprofitable BTC miners are turning their machines back on — Analyst [/INST] Bitcoin miners have likely put their older crypto-mining machines back to work in the first quarter, contributing to a record-setting hash rate as Bitcoin’s price skyrocketed to a new all-time high in early March. “Improved market...
[INST] YouTuber Logan Paul argues CryptoZoo ‘isn’t a scam’ in new documentary [/INST] YouTuber Logan Paul has argued that his infamous CryptoZoo project, which resulted in many investors losing money, was not a scam. In a new documentary, 5 Months with Logan Paul, journalist Graham Bensinger sat down with Paul to get ...
[INST] Crypto users fooled by fake Elizabeth Warren letter proposing crypto tax [/INST] Many social media users appeared to be fooled by an anti-crypto policy proposed by Massachusetts Senator Elizabeth Warren. The problem is the letter containing the proposal was fake. On April 21, many on Crypto Twitter erupted in d...
[INST] Bitcoin drops as dollar eyes ‘best 5-day run’ in 14 months on expected rate cut hold [/INST] The United States dollar is eying its “best 5-day run” since February 2023, while Bitcoin (BTC) has dropped over that time as interest rates are expected to remain high along with volatility leading up to the April 20 ha...
[INST] Binance ends support for Bitcoin Ordinals [/INST] Binance is winding down support for Bitcoin (BTC) nonfungible tokens (NFTs) just a few months after introducing it to its marketplace. In a blog post on April 4, Binance announced efforts “to streamline product offerings” on the Binance NFT marketplace. As part ...
[INST] Goldbugs renew mocking Bitcoin as the yellow metal hits all-time high [/INST] Spot gold prices have reached an all-time high, resulting in a resurgence of Bitcoin (BTC) derision from the precious yellow metal’s investors. Gold hit an all-time high of $2,304 per ounce on April 3, according to the American Hartfo...