Crypto News – Home


lido-finance-hits-1m-validators,-fueling-the-growth-of-defi
Lido Finance hits 1M validators, fueling the growth of DeFi (4/29/2024) by Cointelegraph by Zoltan Vardai

Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category.
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what-are-blockchain-rollups?
What are blockchain rollups? (4/29/2024) by Cointelegraph By Onkar Singh

Unlock the full potential of blockchain with rollups, the ultimate scalability solution for faster, more affordable transactions.
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bitcoin-top-$70k-or-$210k?-analysts,-price-models-clash-over-btc-cycle-peak
Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peak (4/29/2024) by Cointelegraph By Martin Young

Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
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australia’s-top-exchange-may-approve-spot-bitcoin-etfs-this-year:-report
Australia’s top exchange may approve spot Bitcoin ETFs this year: Report (4/28/2024) by Cointelegraph By Tom Mitchelhill

Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew.
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weekend-wrap:-bitcoin-hilton-opens-next-year,-blackrock-etf-3-days-of-nil-and-more
Weekend Wrap: Bitcoin Hilton opens next year, BlackRock ETF 3 days of nil and more (4/28/2024) by Cointelegraph By Brayden Lindrea

The 80-room Hampton by Hilton hotel in El Salvador — funded with Bitcoin layer-2 tokenized bonds — will be fully operational by mid-2025.
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bitcoin,-ether-nurse-losses-as-us.-stagflation-fears-grip-market
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market (4/28/2024) by Sam Reynolds

Bitcoin and ether trade lower as Asia begins its business week. There are mixed bullish and bearish market signals as the week begins. Crypto markets are in the red amid renewed fears of U.S. stagflation, a worst-case scenario for risk
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solo-bitcoin-miner-wins-the-3.125-btc-lottery,-solving-valid-block
Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block (4/28/2024) by Cointelegraph By Martin Young

The solo miner netted around $200,000 in rewards for validating block 841,286.
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6-month-low-ethereum-fees-suggest-altseason-is-inbound-—-santiment
6-month low Ethereum fees suggest altseason is inbound — Santiment (4/28/2024) by Cointelegraph By Tom Mitchelhill

The Ethereum network had its cheapest day in over six months, which could suggest altcoins could rally “sooner than many may expect.”
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most-altcoins-in-‘historic-position’-to-rally-as-traders-realize-heavy-losses-over-the-past-month:-santiment
Most Altcoins in ‘Historic Position’ to Rally As Traders Realize Heavy Losses Over the Past Month: Santiment (4/28/2024) by Henry Kanapi

Analytics firm Santiment says the majority of altcoins look set to ignite rallies after a month-long crypto correction. Santiment says that the ongoing marketwide pullback has driven many altcoin traders to unload their stacks and incur heavy losses. “According to
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japan’s-embrace-of-web3-uncertain-as-ruling-party-under-threat
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat (4/28/2024) by Sandali Handagama

Japan’s current government, led by Prime Minister Fumio Kishida, has championed Web3 development and regulation. Kishida faces party leadership elections in September as the ruling Liberal Democratic Party (LDP) grapples with record-low support, potentially spelling uncertainty for the future of
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bitcoin’s-range-bound-action-puts-eyes-on-near,-ar,-core-and-bonk
Bitcoin’s range-bound action puts eyes on NEAR, AR, CORE and BONK (4/28/2024) by Cointelegraph By Rakesh Upadhyay

Bitcoin’s range-bound price action could lead traders to focus on NEAR, AR, CORE and BONK.
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protocol-village:-natix,-crowdsourced-camera-network-with-web3-incentives,-secures-$9.6m
Protocol Village: Natix, Crowdsourced Camera Network With Web3 Incentives, Secures $9.6M (4/28/2024) by Bradley Keoun

April 28: Natix , driver-led DePIN powered by AI cameras, has secured $9.6 million in funding in a new round spearheaded by Borderless Capital, co-led by Tioga Capital with angel investors from Bitget, Figment and Crypto Banter, according to the
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billion-dollar-bank-facing-class-action-compliant-after-data-breach-exposes-customers’-names,-social-security-numbers-and-other-sensitive-information
Billion-Dollar Bank Facing Class Action Compliant After Data Breach Exposes Customers’ Names, Social Security Numbers and Other Sensitive Information (4/28/2024) by Alex Richardson

A US bank is facing a proposed class action lawsuit for allegedly failing to protect its customers’ sensitive personal information and suffering a massive data breach. SouthState Bank, which has over $45 billion in assets, is being hit with a
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crypto-trader-says-bitcoin-presenting-‘generational’-opportunity,-unveils-bull-market-price-target-for-btc
Crypto Trader Says Bitcoin Presenting ‘Generational’ Opportunity, Unveils Bull Market Price Target for BTC (4/28/2024) by Henry Kanapi

A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders. Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high
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sam-altman’s-openai-reportedly-in-partnership-talks-with-his-other-firm,-worldcoin
Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin (4/28/2024) by Cointelegraph By Tristan Greene

The potential partnership comes amid increased regulatory scrutiny for both companies.
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crypto-exchange-executives-and-29-other-people-accused-of-running-$24,560,000-fraud-scheme-in-taiwan:-report
Crypto Exchange Executives and 29 Other People Accused of Running $24,560,000 Fraud Scheme in Taiwan: Report (4/28/2024) by Mehron Rokhy

Authorities in Taiwan are reportedly accusing crypto exchange executives and dozens of others of running a multimillion-dollar crypto scam. According to a new report by the Taipei Times, prosecutors are charging 32 people with fraud allegedly related to the ACE
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former-wells-fargo-executive-pays-$40,000-fine,-exits-banking-industry-after-allegedly-misleading-customers-and-falsifying-documents
Former Wells Fargo Executive Pays $40,000 Fine, Exits Banking Industry After Allegedly Misleading Customers and Falsifying Documents (4/28/2024) by Henry Kanapi

A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking industry. The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations senior
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europe-needs-‘airbus-for-the-metaverse’-to-become-global-web4-leader
Europe needs ‘Airbus for the metaverse’ to become global Web4 leader (4/28/2024) by Cointelegraph By Tristan Greene

Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4.
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doj-counters-tornado-cash-developer’s-motion-to-dismiss-–-details
DOJ Counters Tornado Cash Developer’s Motion To Dismiss – Details (4/28/2024) by Semilore Faleti

The US Department of Justice has released a rebuttal to Tornado Cash developer Roman Storm’s motion to dismiss the criminal charges levied against him by the government. In a filing submitted on Friday, the DOJ rebuffed several arguments made by
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depository-trust-and-clearing-corporation-says-bitcoin-and-crypto-etfs-don’t-qualify-as-collateral-for-financial-assets
Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets (4/28/2024) by Alex Richardson

The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC, which provides clearing and settlement services to the financial markets
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ace-exchange-suspects-should-get-20-year-prison-sentences:-prosecutors
Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors (4/28/2024) by Opeyemi Sule

Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of
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us-national-debt-surges-$273,859,000,000-in-two-months-as-billionaire-leon-cooperman-warns-nation-heading-toward-financial-crisis
US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis (4/28/2024) by Henry Kanapi

The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from the Treasury Department’s Debt to the Penny system shows the
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phoenix-wallet-to-disable-services-in-the-us-–-here’s-why
Phoenix Wallet To Disable Services In the US – Here’s Why (4/28/2024) by Semilore Faleti

Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This development comes as the wallet’s founding company, ACINQ, criticizes the regulation of self-custodial wallets in the US. Phoenix Wallet Terminates
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bitcoin-whale-aggressively-accumulates-$282,380,000-worth-of-btc-during-correction:-on-chain-data
Bitcoin Whale Aggressively Accumulates $282,380,000 Worth of BTC During Correction: On-Chain Data (4/28/2024) by Alex Richardson

A Bitcoin whale has stacked over $282 million in BTC since late March as the flagship digital asset struggles to find a bottom after hitting all-time highs. First spotted by blockchain tracking firm Lookonchain, an address beginning with “12QVsfA” bought
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optimism-soars-by-17%-despite-recent-security-revelations
Optimism Soars By 17% Despite Recent Security Revelations (4/28/2024) by Semilore Faleti

Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance. Interestingly, OP’s market gain has occurred following a recent disclosure of certain security flaws associated with the popular layer-2 platform. OP Bounces Back Amidst
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bitcoin-bull-run:-past-its-prime,-or-poised-for-a-correction?-analyst-raises-eyebrows
Bitcoin Bull Run: Past Its Prime, Or Poised For A Correction? Analyst Raises Eyebrows (4/28/2024) by Christian Encila

Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade. In a recent analysis titled “Does history make a case that Bitcoin has topped?”, Brandt throws cold water on the idea of a limitless price
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bitcoin-daily-transactions-just-hit-a-new-ath-–-what’s-driving-it?
Bitcoin Daily Transactions Just Hit A New ATH – What’s Driving It? (4/28/2024) by Scott Matherson

The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can
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gold-may-have-just-signaled-end-of-bitcoin-(btc)-rally,-according-to-analyst-benjamin-cowen-–-here’s-what-he-means
Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means (4/28/2024) by Daily Hodl Staff

A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that if gold continues to do
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crypto-trader-sees-best-‘altseason’-since-2017-as-bitcoin-price-cools
Crypto trader sees best ‘altseason’ since 2017 as Bitcoin price cools (4/28/2024) by Cointelegraph By William Suberg

Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.
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crypto-trader-sees-best-'altseason'-since-2017-as-bitcoin-price-cools
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools (4/28/2024) by Cointelegraph By William Suberg

Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.
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