Between 2020 and 2021, the development of nonfungible tokens saw significant growth and billion-dollar expansion across various sectors.
Decentral Block Post
South African exchange VALR wins dual crypto licenses
VALR receives two licenses from South Africa’s Financial Sector Conduct Authority following new requirements for exchanges in the country.
Norway passes data center legislation signaling more scrutiny for Bitcoin miners
The mining industry in Norway has been largely unregulated up to this point, according to the country’s minister of energy, who cited concerns regarding the greenhouse emissions related to Bitcoin mining.
Hong Kong approves first Bitcoin and Ether ETFs
Hong Kong’s securities regulator reportedly approved the in-kind creation model for Bitcoin and Ether ETFs instead of the cash-create model in the United States.
Why Ripple is launching a dollar-backed stablecoin
The Ripple stablecoin would help attract more institutional participants into the crypto ecosystem and help establish robust regulatory controls.
Samsung secures $6.4B grant to expand Texas chip manufacturing: Report
The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.
OKX launches WIF and MEW spot trading amid memecoin craze
OKX users can now deposit Dogwifhat (WIF) and the Cat in a Dog’s World (MEW) memecoins, while the first withdrawals are coming tomorrow.
Scam crypto projects using stolen funds for liquidity disappear
Blockchain investigator ZachXBT identified scammers providing liquidity funds to several fake projects across multiple blockchains, including Base, Solana, Scroll, Optimism, Arbitrum, Ethereum and Avalanche.
Solana's mainnet beta update v1.17.31 aims to resolve congestion issues
The Solana Foundation claimed ongoing network congestion could be attributed to the high demand for Solana block space and increased network activity.
Germany’s largest federal bank to offer crypto custody services: Report
The Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting in the second half of 2024.
How Solana developers are tackling network congestion challenges
Solana Foundation strategy lead Austin Federa unpacks the reasons for Solana’s recent network congestion issues.
$70K BTC price by the halving? 5 things to know in Bitcoin this week
BTC price volatility is the name of the game this week as macro pressures combine with the incoming Bitcoin halving.
PAXG hit new high on Middle East tensions, raising questions about Bitcoin
Tensions in the Middle East ramped up over the weekend following an Iranian drone and missile attack, which saw the price of PAX Gold and Bitcoin reacting very differently.
Bitcoin miners could dump $5B in BTC after halving: 10x Research
Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst.
Only 6 altcoins in the top 50 have outperformed Bitcoin this year
The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.
John Deaton’s crypto backers help outraise Warren in Senate race
Crypto executives from Ripple, Gemini and Kraken were top bankrollers of John Deaton’s Senate campaign last quarter.
IRS investigation chief expects uptick in crypto tax evasion this year
IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with crypto-related tax crimes amid tax reporting season.
TradFi firms now prefer public blockchains: Ex-Grayscale exec
Celisa Morin, the head of legal at Reed Smith and a former executive at Grayscale, says traditional financial institutions will likely follow BlackRock’s lead in using public blockchains.
Crypto sleuth warns of scammers behind DeFi protocol
The group has been linked to several rug pulls, among them Magnate, Kokomo, Solfire and Lendora.
Bitcoin price bounce gives BNB, TON, VET and BGB a boost — Will it last?
Bitcoin finds support slightly above $60,000, possibly giving altcoins the green light to move higher in the short term.
VC Roundup: Capital flows and alternative funding models fuel crypto startups
This edition of Cointelegraph’s VC Roundup highlights Monad, Auradine, Sapien, HYCHAIN, Web3Firewall and Alpen Labs.
Nigeria’s Binance crackdown threatens Web3 industry
According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.
Blockchain fraud group shifts $1M to Blast for new schemes
This group has a history of launching numerous projects that attract significant TVL but later abscond with the funds.
Binance executive tracked to Kenya, extradition underway
The Nigerian government is collaborating with Interpol and Kenyan police to bring Arjarwalla back to Nigeria to face charges leveled against him.
Solana open interest sheds nearly $440M as price slumps 11%
Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.
Bitcoin's 'normal drop' leads to $256M longs liquidated — analysts
Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day.
Altseason on the horizon, SEC targets Uniswap, and BTC halving news: Hodler’s Digest, April 7-13
Altcoin season is just around the corner, SEC pushing Uniswap to court and Bitcoin halving countdown.
Bitcoin nose dive as political tensions escalate in the Middle East
Bitcoin and other cryptocurrencies fall sharply following Iran's attack on Israel.
SEC breaks from past policy guidelines in Uniswap crackdown
The U.S. SEC Wells notice against Uniswap raises questions about consistency in policy enforcement.
Bitcoin dominance hits 3-year high as BTC price dip pressures altcoins
Bitcoin scores an accidental multi-year high as BTC price volatility sends altcoins shooting lower.