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Restaking can make DeFi more secure for institutional traders


Opinion by: Amitej Gajjala, co-founder and CEO of Kernel DAOThe restaking narrative has moved fast — from side conversations in validator circles to the forefront of DeFi infrastructure discussions.It’s not hard to see why. DefiLlama states that major liquid restaking protocols now hold...

Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy


Metaplanet — a Japanese company focused on accumulating Bitcoin — announced it will launch a United States-based subsidiary.In a May 1 X post, Metaplanet announced that the firm is launching a wholly owned subsidiary in Florida. Furthermore, the new subsidiary is expected to raise up...

Ethena partners with TON to offer USDe to one billion Telegram users


Decentralized stablecoin platform Ethena has partnered with The Open Network (TON) to make its stablecoins available to Telegram’s user base of over one billion people.The partnership, announced on May 1 at Token2049 in Dubai, will see the deployment of Ethena’s USDe (USDE) and Ethena...

Multi-wallet usage up 16%, but AI may address crypto fragmentation gap


Fragmentation and complicated user experience remain two of the most significant obstacles to cryptocurrency’s mainstream adoption, according to a new industry report. Most users now use at least two wallets to manage their cryptocurrency investments.The lack...

Strategy ends April up 32% in best month since November as Q1 earnings loom


Key takeaways:Strategy’s stock rose 32% in April, its biggest monthly gain since November.Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings.Analysts expect a 1% year-on-year revenue bump...

Sam Altman’s eye-scanning crypto project World launches in US


OpenAI CEO Sam Altman’s crypto-tied digital identity project World, formerly Worldcoin, has made its US debut in six cities. The project, which aims to verify humans in the age of artificial intelligence, is initially coming to what it calls the “key innovation hubs”...

Sam Altman’s eye-scanning crypto project World launches in US


OpenAI CEO Sam Altman’s crypto-tied digital identity project World, formerly Worldcoin, has made its US debut in six cities. The project, which aims to verify humans in the age of artificial intelligence, is initially coming to what it calls the “key innovation hubs”...

Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK


Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK.CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams...

Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK


Crypto losses spiked by 1,163% over April, with the lion’s share of lost crypto coming from a single heist of an elderly US individual’s wallet, says blockchain security firm CertiK.CertiK said in an April 30 X post that a total of $364 million was lost to exploits, hacks and scams...

Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec


The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says.Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told...

Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec


The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says.Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told...

North Carolina House passes state crypto investment bill


North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by...

North Carolina House passes state crypto investment bill


North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by...

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound


Key takeaways:Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval.Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty.Galaxy CEO Mike Novogratz says the listing will broaden the company’s...

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound


Key takeaways:Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval.Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty.Galaxy CEO Mike Novogratz says the listing will broaden the company’s...

US crypto groups urge SEC for clarity on staking


Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services.The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter...

US crypto groups urge SEC for clarity on staking


Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services.The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter...

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