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EY’s enterprise blockchain Nightfall is now a zero-knowledge rollup as it says corporations are again comfortable with privacy tools with easing Tornado Cash sanctions. Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with…
It has also seen a strong uptick in transaction activity over the past 12 months, the DeFi protocol said. Curve Finance, a decentralized lending protocol and exchange, notched record-breaking trading volumes of nearly $35 billion in the first quarter of 2025, a spokesperson for the protocol told Cointelegraph. Trading volumes increased more than 13% from…
“AI should belong to the community, not controlled by closed-source corporations,” Sentient’s co-founder told Cointelegraph. Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors. The company announced the public release of Open Deep Search (ODS) on April 2,…
The crypto market is poised to find its bottom in the next two months, but the timing will depend on the tone of the global tariff negotiations. The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations, which have been limiting investor sentiment in…
BitMEX co-founder Arthur Hayes predicted Bitcoin could hit $250,000 in 2025 if the US Federal Reserve pivots to quantitative easing, but market bets remain conservative. Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world’s first cryptocurrency. Bitcoin’s…
GameStop’s board had greenlit an investment in Bitcoin and US-dollar-pegged stablecoins using the convertible debt offering and cash reserves on March 25. Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to raise at least $1.3…
Crypto-friendly Republicans Jimmy Patronis and Randy Fine have won Florida’s special elections for the 1st and 6th Congressional Districts of the US House. Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida. Republican Jimmy Patronis won the…
Backpack acquired FTX EU in January 2025 to offer crypto derivatives throughout Europe. Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it…
The fund holds a diverse basket of cryptocurrencies, including altcoins such as ETH, SOL, ADA and XRP. Asset manager Grayscale has filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, US regulatory filings show. On April 1, Grayscale submitted an S-3 regulatory filing to the US Securities and Exchange Commission…
Coinbase experienced its worst quarterly stock performance since the FTX collapse, dropping 33% in Q1 2025 despite strong revenue expectations. Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022. Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter…