Author Archives: pdgweb

Why do Ethereum upgrades matter? Ethereum upgrades are essential to scale, secure and evolve the network without compromising its decentralized foundation. Ethereum still stands as the heavyweight of smart contract platforms, but staying on top means relentless reinvention. Every upgrade isn’t just a technical tweak; it’s a high-stakes move to crack the toughest problems in …

Continue reading “Vitalik Buterin’s vision for Ethereum: Pectra, Glamsterdam and beyond”

Fragmentation and complicated user experience remain two of the most significant obstacles to cryptocurrency’s mainstream adoption, according to a new industry report. Most users now use at least two wallets to manage their cryptocurrency investments. The lack of interoperability across blockchains means users need to create multiple wallets to interact with different networks, with users having at least two …

Continue reading “Multi-wallet usage up 16%, but AI may address crypto fragmentation gap”

Tesla CEO Elon Musk has lashed out at The Wall Street Journal (WSJ), calling the publication’s latest report “an EXTREMELY BAD BREACH OF ETHICS,” after it claimed the Tesla board was actively seeking his replacement as CEO. The report, published on April 30, alleged that the board had approached recruitment firms due to concerns over …

Continue reading “‘Bad breach of ethics’ — Musk echoes crypto execs in backlash against WSJ”

Key takeaways: Strategy’s stock rose 32% in April, its biggest monthly gain since November. Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings. Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 …

Continue reading “Strategy ends April up 32% in best month since November as Q1 earnings loom”

OpenAI CEO Sam Altman’s crypto-tied digital identity project World, formerly Worldcoin, has made its US debut in six cities.  The project, which aims to verify humans in the age of artificial intelligence, is initially coming to what it calls the “key innovation hubs” of Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco, according to …

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Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK. CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams in April, jumping from …

Continue reading “Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK”

The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says. Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told Cointelegraph at TOKEN2049 in Dubai that “the advantage of Bitcoin DeFi is …

Continue reading “Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec”

North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate. The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by a vote of 71 to 44. Republican House …

Continue reading “North Carolina House passes state crypto investment bill”

Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services. The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter to the agency’s Crypto Task Force lead, SEC …

Continue reading “US crypto groups urge SEC for clarity on staking”