Nasdaq files to list 21Shares Dogecoin ETF

The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show.  The move follows 21Shares’ April 10 filing of its initial proposal to launch its Dogecoin ETF, shortly after similar applications from rivals Bitwise and Grayscale. The asset manager has also …

UK gov't proposes crypto rules in response to scams

The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.” In an April 29 notice, the UK government announced draft rules for cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), that would bring “crypto exchanges, dealers and agents” in line with …

AI has a trust problem — Decentralized privacy-preserving tech can fix it

Opinion by: Felix Xu, co-founder of ARPA Network and Bella Protocol AI has been a dominant narrative since 2024, but users and companies still cannot completely trust it. Whether it’s finances, personal data or healthcare decisions, hesitation around AI’s reliability and integrity remains high. This growing AI trust deficit is now one of the most …

Bitcoin 'hot supply' nears $40B as new investors flood in at $95K

Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local lows in March. Active address numbers have yet to mimic a classic bull market comeback. Bitcoin (BTC) short-term holders (STHs) are back in the game as a …

Beijing to invest in blockchain, integrate into infrastructure

The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau …

A16z leads $25M funding for Miden blockchain project

A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including …

Trump’s first 100 days ‘worst in history’ despite crypto promises

The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking.  Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have …

Circle gets Abu Dhabi regulatory nod to expand in Middle East

USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the …

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, …

Your digital identity got stolen — Now what?

What is digital identity? Your digital identity is the fingerprint you leave across the internet, a living map of who you are. Your digital identity is more than just your name or email; it stretches from your social media profiles and crypto wallet addresses to your device fingerprints and even the rhythms of your daily …