Vitalik outlines vision as Ethereum ecosystem addresses hit new high

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 smart contract execution and enhancements to privacy.

The post comes as the Ethereum network hits a new milestone. GrowThePie data shows that the weekly number of unique addresses interacting with the Ethereum ecosystem reached a new high of over 15.4 million, with nearly 13.45 million on layer-2 protocols.

Weekly chart of unique active addresses in the Ethereum ecosystem. Source: GrowThePie

Buterin recently argued that privacy should be a top priority for developers and proposed solutions to boost

Read More at https://cointelegraph.com/news/vitalik-shares-ethereum-vision-as-addresses-hit-record-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

$330M Bitcoin social engineering theft victim is elderly US citizen

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 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7 million.

Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR).

Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions.

ZachXBT confirming the victim of the hack. Source: ZachXBT

Once stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique

Read More at https://cointelegraph.com/news/elderly-us-victim-loses-330m-bitcoin-in-social-engineering-theft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The open source debate: Is crypto losing its soul?

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 direct competitors — from the wave of Uniswap clones to Ethereum forks — which prioritized speed and lower fees over decentralization.

As a result, some projects opted for closed-source development to protect proprietary designs and reduce the risk of exploits, hoping to delay or deter malicious actors by making the code harder to analyze. This approach is often criticized as “security through obscurity,” where hiding vulnerabilities instead of fixing them becomes a line of defense.

Closed-source systems run counter to crypto’s original vision

Read More at https://cointelegraph.com/news/open-source-debate-crypto-losing-soul?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto hackers hit DeFi for $92M in April as attacks double from March

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 increase from March, when hackers stole $41 million.

Crypto stole in April 2025. Source: Immunefi

The month’s largest hack on open-source platform UPCX accounted for most of the damage in April, with over $70 million in losses, while KiloEx lost $7.5 million as April’s second-largest hack.

The KiloEx exploiter returned the stolen funds just days after the attack occurred.

All of April’s reported attacks targeted decentralized finance (DeFi) platforms. Centralized exchanges reported no incidents during the month, the report noted.

Top 10 losses in April. Source:

Read More at https://cointelegraph.com/news/crypto-hackers-steal-92-m-april-hacked-funds-1-7-b-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Mantra links OM token crash to risky crypto exchange policies

Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash.

On April 30, Mantra published its latest update since the sudden collapse of its OM token, claiming that the incident was “bigger than Mantra.”

“Liquidation cascades could happen to any project in the crypto industry,” Mantra CEO John Mullin warned in the post, pointing to the role of “aggressive leverage positions” on exchanges as a broader threat to investor safety.

Mantra’s industry-wide call to action is the biggest section in the latest OM crash update. Source: Mantra

“We’re cooperating with major exchanges to improve market stability, and we’re calling on the rest of our industry to provide input on how exchange policies can minimize — or continue to permit — policies that create risk to investors,” the update states.

Progress includes governance improvements

Aside from calling global

Read More at https://cointelegraph.com/news/mantra-om-token-crash-exchange-risk-policies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

FIFA shifts NFT platform to new Ethereum-compatible blockchain

The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30.

FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.”

As part of the move, FIFA Collect — its official NFT collection — will migrate from the Algorand blockchain to the new FIFA Blockchain. The migration is scheduled to begin no earlier than May 20, FIFA said.

FIFA announces new blockchain for FIFA collection migration. Source: collect.fifa.com

“At this stage, no immediate action is required. When the migration process begins, we will provide clear, step-by-step instructions on what (if anything) you need to do,” the announcement stated.

The collection’s migration will take place “not earlier than” May 20, FIFA said, adding that it will confirm the exact date

Read More at https://cointelegraph.com/news/fifa-collect-nfts-move-to-evm-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Vanar Chain tackles AWS-style outages with AI-powered data storage

Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with onchain storage.

Vanar Chain is launching Neutron, an AI-native blockchain layer with data compression ratios of up to 500:1, which can reduce a standard 25 megabyte file to just 50 kilobytes, transforming it into a “Neutron Seed” that can be stored on the blockchain ledger.

The new blockchain compression layer aims to solve the industry’s data storage issue, with traditional blockchains lacking the capacity to store data, only to reference it.

This design introduces potential single points of failure. Vanar’s Neutron aims to solve this by enabling fully onchain, verifiable data storage.

Neutron is a “world first” which “handles both physical file compression and semantic compression, meaning it compresses not just the file itself but the meaning inside it,” Jawad Ashraf, CEO of Vanar

Read More at https://cointelegraph.com/news/vanar-chain-launches-neutron-ai-onchain-compression?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin traders predict BTC price gains ahead of $96K liquidity clash

Key points:

Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result.

Major risk-asset volatility is expected as US macro data precedes the monthly candle close.

April BTC price performance is on track to be the best since 2020.

Bitcoin (BTC) spent another day around $95,000 on April 30 as volatility waited in the wings.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin enjoys the calm before the storm

Data from Cointelegraph Markets Pro and TradingView showed calm trading conditions with hours to go until the monthly close and key US macro data.

The latter comes in the form of Q1 GDP and the March print of the Personal Consumption Expenditures (PCE) index, known as the Federal Reserve’s “preferred” inflation gauge.

The day prior, trading resource the Kobeissi Letter meanwhile pointed to consensus implying a negative

Read More at https://cointelegraph.com/news/bitcoin-traders-predict-btc-price-gains-ahead-of-96k-liquidity-clash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028

Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research.

Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value.

Bitcoin (BTC) weekly volatility hit a 563-day low on April 30, said Vetle Lunde, the head of research at K33 Research.

Source: Vetle Lunde

Bitcoin’s decreasing volatility suggests BTC is maturing as a global financial asset, leading to a more stable price trajectory.

Bitcoin has become the seventh-largest asset globally by market capitalization, reaching $1.87 trillion. It now ranks above Silver, Meta and Saudi Aramco, according to Companiesmarketcap.

Top 10 global assets by market capitalization. Source:

Read More at https://cointelegraph.com/news/bitcoin-volatility-563-day-low-hayes-predicts-1-m-btc-2028?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Circle taps Onafriq to cut Africa’s cross-border payment costs with USDC

Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the continent using USDC.

According to a press release shared with Cointelegraph, Circle aims to pilot USDC (USDC) settlements within Onafriq’s vast network, which connects over 500 wallets and 200 million bank accounts in more than 40 countries.

“By integrating USDC, we aim to simplify financial transactions for institutions and individuals, reduce costs and strengthen trust,” Onafriq founder and CEO Dare Okoudjou said.

He added that the integration of USDC will simplify transactions and boost trust in digital financial services.

Currently, over 80% of intra-African transactions are routed through correspondent banks outside the continent and settled in foreign currencies like the US dollar or euro. This results in approximately $5 billion in fees annually.

Related: Circle files for Initial Public Offering planned for April

Africa has huge

Read More at https://cointelegraph.com/news/circle-onafriq-partner-to-cut-africa-payment-costs-with-usdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound