IoTeX secures $50M investment expanding dePIN narrative for next cycle

[ad_1] The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According... Read more »

Singapore Imposes New Rules for Digital Payment Token Services

[ad_1] Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope... Read more »

Grayscale falls behind in ETF outflows first time since launch as ARKB loses $87.5 million

[ad_1] Grayscale Bitcoin Trust (GBTC) recorded lower outflows for the first time since the launch of spot Bitcoin ETFs on April 2, after ARK 21Shares (ARKB) posted outflows amounting to $87.5 million,... Read more »

Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event

[ad_1] In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total,... Read more »

FixedFloat reportedly suffers $2.8 million theft, Tether freezes $400,000 from attackers

[ad_1] Decentralized exchange FixedFloat’s Ethereum-based hot wallet saw several suspicious transactions that led to the withdrawals of $2.8 million during the past day, according to the Web3 security firm Cyvers. Following the... Read more »

Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena

[ad_1] Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for... Read more »

Burkett Financial Services buys Bitcoin via ETFs

[ad_1] Burkett Financial Services, a South Carolina-based financial planner, disclosed investments in two Bitcoin exchange-traded funds (ETFs) on April 1. Burkett’s latest Form 13F filing indicates it holds 602 shares of BlackRock’s... Read more »

48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of ‘Negative Repercussions’

[ad_1] Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the... Read more »

Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining

[ad_1] The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court,... Read more »

Polygon Labs CEO sees layer-3s like new Degen Chain as a risk to Ethereum

[ad_1] Polygon’s CEO Marc Boiron emphatically stated that the layer-2 network was not considering developing layer-3 protocols because of the potential risks they pose to Ethereum’s security. Boiron made this statement on... Read more »
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