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Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were “extremely pro-business,” leading to crypto adoption in Dubai, while others …
Continue reading “Ex-Binance CEO chides Europe over crypto adoption”
Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most notable …
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Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support. Today’s crypto derisking is likely transitory; market fundamentals remain strong. Bitcoin (BTC) price took an abrupt tumble as data showed the …
Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards. Self-sovereign identity (SSI) can fix this. …
Continue reading “EU digital product passports won’t solve food fraud, but blockchain can”
April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April …
Continue reading “Bitcoin price recovers, Ethereum RWA value up 20%: April in charts”
Chinese artificial intelligence development company DeepSeek has released a new open-weight large language model (LLM). DeepSeek uploaded its newest model, Prover V2, to the hosting service Hugging Face on April 30. The latest model, released under the permissive open-source MIT license, aims to tackle math proof verification. DeepSeek-Prover-V2 HuggingFace repository. Source: HuggingFace Prover V2 has …
Continue reading “China’s DeepSeek launches new open-source AI after R1 took on OpenAI”
Ethereum co-founder Vitalik Buterin released another update on what he believes the future of the network should entail. In an April 30 post on blockchain-based social media platform Farcaster, Buterin outlined his personal areas of focus for Ethereum development this year. These include investigating changes to the network infrastructure to achieve single-slot finality, updates to …
Continue reading “Vitalik outlines vision as Ethereum ecosystem addresses hit new high”
An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X. The hack took place on April …
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Crypto was born from an open-source ethos, where code was shared publicly, accessible for review and shaped by community contributions. Transparency and verifiability are foundational principles that enable trust in Bitcoin. But as the space matured, some disadvantages of open source surfaced. Innovative smart contract platforms and decentralized finance (DeFi) applications were forked to create …
Continue reading “The open source debate: Is crypto losing its soul?”
Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity. Hackers made off with $92 million of digital assets across 15 incidents in April, according to an April 30 research report by blockchain cybersecurity firm Immunefi. The total marks a 124% month-over-month …
Continue reading “Crypto hackers hit DeFi for $92M in April as attacks double from March”
