Digital asset investment products attracted $785 million in inflows last week, bringing the year-to-date (YTD) total to $7.5 billion, according to CoinShares‘ latest report. This figure marks a new record, surpassing the previous high of $7.2 billion recorded in early February. James Butterfill, CoinShares’ head of research, also noted that the milestone signals a full recovery from […]
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A proposal to change Bitcoin’s smallest unit from “satoshi” to “bit” is drawing renewed interest, with developers, founders, and thought leaders weighing in. The proposal was introduced by Synonym CEO John Carvalho last month and is known as BIP 177. Under current standards, 1 BTC equals 100 million satoshis. However, Carvalho’s plan would reverse that […]
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Ethereum co-founder Vitalik Buterin has submitted a new proposal to make the blockchain network’s nodes more efficient and accessible. In a May 19 research blog post, Buterin argued that the network’s long-term health depends on users’ ability to run personal nodes, which is becoming increasingly complex due to rising storage and bandwidth requirements. According to […]
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Telegram’s founder Pavel Durov has taken direct aim at Meta-owned WhatsApp, calling it a “cheap copycat” and accusing it of launching smear campaigns against his platform. His May 15 comments accompanied the announcement of a new $50,000 contest to showcase Telegram’s features. The competition will run until May 26. ‘Watered-down’ Durov said the contest will showcase […]
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Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they leave their current roles. Armstrong announced the move in a social media post on May 14, where he described the opportunity as a new mission […]
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OpenAI launched a new initiative to help countries build artificial intelligence systems rooted in democratic values, according to a May 7 statement. The OpenAI for Countries initiative is part of the firm’s broader Stargate project and aims to engage governments to partner in shaping AI frameworks that uphold transparency, accountability, and public interest. According to the […]
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The Ethereum Foundation has announced the distribution of over $32 million in grants during the first quarter of 2025. According to the May 8 update, the funding was issued through its Ecosystem Support Program and spread across 94 projects. While the report categorized the recipients by theme and focus area, it did not disclose the […]
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Ethereum is eyeing an increase in its gas limit by 66% to 60 million units to improve transaction capacity and network efficiency. On May 7, Ethereum core developer Parithosh Jayanthi confirmed that the 60 million gas limit would be rolled out on the blockchain’s mainnet network after successfully testing on the Sepolia and Holesky testnets. […]
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Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer 2 networks like Arbitrum, Optimism, Base, Scroll, Worldcoin, and zkSync will be affected. The exchange pause starts at 09:45 (UTC). The exchange furthered that while […]
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President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP. Trump made the announcement in a social media post on May 5. The event, organized by Fight Fight Fight LLC, a Trump-affiliated entity, will admit holders […]
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Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support teachers, fund classroom projects, and expand access to essential academic resources for underserved communities across the United States. This initiative comes at a time when […]
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The Solana Foundation has revealed that a critical vulnerability affecting its Token-2022 standard was quietly patched in April, averting what could have been a catastrophic breach. If exploited, the flaw would have allowed attackers to mint an unlimited number of tokens or withdraw funds from any account without authorization. According to the post-mortem, the issue […]
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The US Securities and Exchange Commission (SEC) has filed fresh charges against a crypto scam operator, even as it closed one of its most controversial cases. This marks the SEC’s first major enforcement update under the newly appointed SEC Chair Paul Atkins. The juxtaposition of cases, aggressive prosecution in one and total dismissal in another, […]
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A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each […]
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The Ethereum Foundation (EF) is sharpening its focus on improving the Layer 1 network and enhancing the user experience through a series of upcoming protocol upgrades. On April 21, Tomasz Stańczak, the incoming co-director at EF, confirmed that the organization is shifting its research priorities. The new focus will center on Layer 1 performance, continued […]
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Jesse Pollak, the creator of Coinbase-backed Base, an Ethereum layer 2 network, conceded he made a “mistake” by sharing a GIF containing controversial words in an X post. Pollak had shared a GIF that played on the tagline of Base: Base is for everyone. It featured a rotating sequence of terms under the phrase “Base […]
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Coinbase is pushing back against a fresh legal challenge from Oregon Attorney General Dan Rayfield, according to an April 18 statement. In a post on social media platform X, Paul Grewal, Coinbase’s chief legal officer, called it a “copycat case” that mimics the US Securities and Exchange Commission’s (SEC) now-dismissed lawsuit against the exchange. According […]
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South Korea’s Financial Intelligence Unit (FIU) has taken fresh action against offshore crypto exchanges operating without regulatory approval. In a new directive issued on April 14, the agency asked Apple to restrict access to 14 mobile applications linked to unregistered digital asset platforms on its App Store. The FIU’s list includes major exchanges such as […]
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The digital asset market faced another challenging week, with $795 million in outflows recorded across crypto investment products, according to CoinShares‘ latest weekly report. This marks the third consecutive week of declines, underlining growing caution among investors navigating global economic headwinds. The ongoing streak of negative sentiment has pushed total outflows since early February to $7.2 billion. […]
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The Human Rights Foundation (HRF) launched the Bitcoin Humanitarian Alliance on April 10, forming a coalition of activists, humanitarian organizations, and pro-democracy movements leveraging Bitcoin (BTC) to support civil liberties and deliver aid in financially repressive environments. The initiative brings together frontline groups operating in jurisdictions where financial systems are routinely weaponized to block dissent, […]
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James Murphy, a prominent crypto attorney widely recognized as MetaLawMan, has filed a Freedom of Information Act (FOIA) lawsuit against the US Department of Homeland Security (DHS). The April 7 legal action aims to uncover what the government may know about the identity of Bitcoin’s elusive creator, Satoshi Nakamoto. DHS claimed to have interviewed Bitcoin […]
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The Chinese government is considering integrating blockchain to enhance the security of its credit information systems, according to a report from STCN. The move is part of a broader effort by the National Development and Reform Commission (NDRC) to apply emerging technologies in improving data-sharing practices and safeguarding sensitive information. Li Chunlin, Deputy Director of […]
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In an industry built on bold ideas, broken norms, and a constant stream of innovation, April Fools’ Day is more than a time for pranks; it’s a mirror. This year’s jokes played with history, poked fun at present tensions, and offered a surprising amount of insight, all under the banner of humor. The posts remind […]
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Lloyds Auctions has announced the auction of XBT.com, a domain name with strong ties to Bitcoin’s historical identity in traditional finance. Bidding starts at $2,798,917. The listing claims the auction, closing on March 28, has already generated considerable media attention and industry speculation and represents a unique opportunity to acquire a digital asset associated with […]
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Blockchain investigator ZachXBT has exposed the trader behind a series of high-risk trades on Hyperliquid, linking the activity to a UK-based individual with a history of financial crimes. ZachXBT revealed on March 20 that the trader is allegedly William Parker, a UK citizen previously convicted of financial crimes in Finland and the UK. Parker gained […]
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Solana Labs co-founder Anatoly Yakovenko said he is “ashamed” about downplaying the impact of a recent Solana Foundation advertisement, calling it “mean and punching down on a marginalized group.” Yakovenko made the statement in a social media post on March 19 and expressed gratitude to those in the Solana (SOL) ecosystem who called it out […]
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The Solana Foundation has faced significant backlash after a controversial promotional video titled “America is Back—Time to Accelerate” sparked outrage within the crypto community. On March 17, Solana’s official X account posted the now-deleted ad, which depicted the United States as a man in therapy struggling to focus on technological progress, including crypto and space […]
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Currently, running open-source AI models locally is merely an awkward alternative to the ease of using cloud-based services like ChatGPT, Claude, Gemini, or Grok. However, running models directly on personal devices rather than sending information to centralized servers offers enhanced security for sensitive information processing and will become increasingly important as the AI industry scales. […]
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Solana co-founder Anatoly Yakovenko denied rumors that Solana representatives lobbied for the network’s inclusion in a proposed US government crypto reserve. The remarks come amid media speculation that Ripple had pushed for Solana’s addition to bolster its own credibility. Yakovenko dismissed claims that Solana had formally advocated for its place in the reserve. Yakovenko replied […]
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During his appearance on Tucker Carlson’s podcast, former FTX CEO Sam Bankman-Fried (SBF) shared that he does not view himself as a criminal and expressed optimism about the future of crypto under President Donald Trump’s administration, among other topics. During the interview, SBF called his prison life a “dystopian” experience, revealed that the rapper Sean […]
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