Author Archives: pdgweb

Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned.BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin pressures shorts after 3% daily gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22. Increasingly close to six figures, Bitcoin rose with …

Continue reading “Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs”

Opinion by: Vikash Singh, Principal Investor at Stillmark The Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must learn the lesson from this heist …

Continue reading “The case for enterprise-grade custody solutions”

Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable market by 2029,” …

Continue reading “Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec”

Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow …

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Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC). Called the 21Shares …

Continue reading “21Shares files for US spot Sui ETF after European launch”

Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph …

Continue reading “Plume CEO questions $21B RWA market size, says institutions not ready”

What is a Google subpoena scam? The Google subpoena scam is a type of phishing attack where fraudsters impersonate Google to create a false sense of urgency and fear.  Typically, you will receive an email that appears to come from no-reply@google.com, claiming to inform you of a subpoena, a formal legal request. The email will …

Continue reading “Google subpoena scam: What it looks like and how to avoid it”

Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform. According to a May 1 Bloomberg report, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms …

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MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and blockchain infrastructure provider Mavryk. The deal represents the largest RWA tokenization initiative globally to date and highlights the upcoming launch of MultiBank’s native …

Continue reading “MultiBank, MAG, Mavryk ink world’s largest $3B RWA tokenization deal”