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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...

Mantra links OM token crash to risky crypto exchange policies


Update (April 30, 4:10 pm UTC): This article has been updated to add a comment from Mantra CEO John Mullin.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...

CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec


The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive.Global CBDC projects have not failed, but they have also not become what they were anticipated...

CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec


The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive.Global CBDC projects have not failed, but they have also not become what they were anticipated...

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...

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,...

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...

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...

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...

Tether still dominates stablecoins despite competition — Nansen


Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt (USDT) continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April...

Gold-backed cryptocurrencies spike amid global trade uncertainty


Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520...

US senators press for answers on Trump's crypto interests


Massachusetts Senator Elizabeth Warren has called on government officials to address questions related to US President Donald Trump’s memecoin and his media company.In an April 25 letter to Jamieson Greer, acting director of the US Office of Government Ethics (OGE), Warren, a Democrat from...

Price predictions 4/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI


Key points:Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high.Solid spot Bitcoin ETF inflows do not always signal a short-term top.Select altcoins are showing early signs of a short-term trend change.Bitcoin (BTC) pierced the $95,000 resistance...

Loopscale hacker in talks to return stolen crypto


The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults...

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