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Stablecoin adoption persists even as market wide jitters weigh on Ethereum and Solana’s performance, VanEck said. Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note. The diminished activity on…
In an exclusive interview, Hut 8 CEO Asher Genoot reveals how the Trump-backed American Bitcoin venture is aiming to dominate US mining and ultimately take its vision public. Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its…
Has Michael Saylor pushed Strategy too far? With MSTR at the center of clashing leveraged ETFs and convertible stock plays, the market is making its own bets. Strategy Inc., formerly MicroStrategy, has discarded its core product, assumed a new identity, swallowed over half a million BTC, spawned equity classes with double-digit yields, and inspired an…
The growing BTCFi sector and potential interest rate cuts on the horizon may create more demand for Bitcoin as a productive, yield-bearing asset. The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset,…
X’s Global Government Affairs team said that if the reports about the EU’s plans are true, it’s an “unprecedented act of political censorship.” European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times….
The company reportedly sold its China operations to an entity associated with Bitmain for $352 million. Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. …
Crypto donations in 2025 are expected to reach $2.5 billion on growing crypto wealth creation and an improving political landscape. Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity…
Kaspersky researchers say they have found 2,600 confirmed infections through this scam in different countries, with the majority of users in Russia. Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data. The Android devices are sold at reduced prices,…
A crypto investment specialist at crypto asset manager 21Shares told Cointelegraph that while markets experienced significant volatility, the tariff clarity could be a good thing in the long term. Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in…
Former New York Governor Andrew Cuomo reportedly advised OKX on legal issues stemming from a probe into its prior violations of US Anti-Money Laundering laws. Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing…