America’s crypto renaissance is already failing; but we can fix it

Opinion by: Shane Molidor, Founder, Forgd For years, launching a crypto project in the United States has been a maze of uncertainty. Legal ambiguity and a hostile regulatory environment have driven founders offshore, turning places like Switzerland and the Cayman Islands into global hubs for blockchain innovation.  With Trump’s election, things finally started to change, …

Indonesia suspends Sam Altman’s World project over suspicious activity

OpenAI CEO Sam Altman’s digital identity project, World, formerly known as Worldcoin, faces challenges in Indonesia after local regulators temporarily suspended its registration certificates. The Indonesian Ministry of Communications and Digital (Komdigi) has halted the Electronic System Operator Certificate Registration (TDPSE) for World and World ID over suspicious activity and alleged registration violations, the ministry …

Notcoin says tap-to-earn ‘probably dead’ as Telegram games see shift

Notcoin, one of the most prominent Web3 gaming projects of 2024, said the tap-to-earn genre is “probably dead” as Web3 gaming shifts to more fun and engaging projects. During Token2049 in Dubai, Notcoin co-founders Sasha and Vladimir Plotvinov, along with Uliana Salo, the head of design and product lead for NotGames, spoke with Cointelegraph about …

How cybercriminals are exploiting digital twins to scam crypto users

What is a digital twin? A digital twin is a virtual model or replica of a physical object, system or process. It’s like a digital mirror, allowing us to simulate, monitor and predict the behavior of real-world entities in real-time.  These virtual counterparts are designed to pull data from physical sensors or inputs, providing a …

Stablecoin fever: 5 major stablecoins are growing crypto adoption

Increasing institutional interest and moves toward legal frameworks for stablecoins have seen the space grow, with five major projects slated to expand the market in the near future. In the EU, the Markets in Crypto-Assets (MiCA) regulatory package is in full force and has given stablecoin issuers clear guidelines by which they can enter European …

BTC dominance due 'collapse' at 71%: 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the first full week of May with yearly open support in focus ahead of a key US economic policy decision. BTC price action attempts to hold the yearly open as support after some downside at the weekly close, but bullish perspectives remain intact. The US Federal Reserve interest rate decision is the …

Donald Trump gives conflicting answers over memecoin profits

US President Donald Trump gave clashing answers to whether he has profited from the crypto memecoin he launched in January, just days before he re-entered the White House. In a wide-ranging interview with Kristen Welker on NBC News’ Meet the Press released on May 4, Trump said he was “not profiting from anything” when asked …

OKX to restart DEX with anti-abuse upgrades after Lazarus ‘misuse’

Crypto exchange OKX has brought its decentralized exchange (DEX) aggregator back online with new security upgrades after it was paused in March to prevent further misuse by the North Korean hacking crew, the Lazarus Group. OKX founder and CEO Star Xu said in a May 4 statement to X that the DEX aggregator, OKX Web3, …

Bitcoin pioneer and felon says he’s ‘vibe coding’ to restart the BTC faucet

Early Bitcoin entrepreneur Charlie Shrem says he’s working on bringing back the Bitcoin faucet — a website that hands out Bitcoin to whoever solves CAPTCHA tasks, normally used to distinguish humans from machines. Shrem shared his new Bitcoin (BTC) faucet website — 21million.com — in a May 4 X post, which mimics the first-ever Bitcoin …

Industry calls for urgent crypto law reforms after Australian election

The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn’t fall further behind global markets. The incumbent Australian Labor Party was returned in a landslide on May 3, picking up 54.9% of the two-party-preferred vote, against the Liberal and National …