Category: crypto

ZkLend, a decentralized lending protocol on Starknet, confirmed the hacker behind a February exploit lost stolen funds to a phishing scam. The hacker tried to launder 2,930 ETH via Tornado Cash but mistakenly used a phishing site. The hacker later admitted the mistake, sparking speculation of a connection between the hacker and the phishing scammers.…

A court in Brazil has approved the use of NFTs to notify unidentified defendants in a case involving missing Bitcoins from an alleged pyramid scheme. The trustee of BWA Brazil’s bankrupt estate requested this to interrupt the statute of limitations on claims related to crypto assets acquired with creditor funds. The estate claims 11,200 BTC…

The Bitcoin Policy Institute proposes US Treasury allocate $200 billion to Bitcoin purchases through $2 trillion “Bitcoin-Enhanced Treasury Bonds.” Bonds offer 1% interest rate, BTC exposure. Payout includes fixed returns and Bitcoin-linked gains. Plan aims to offset national debt, involve households, and attract institutional investors. Implementation strategy includes risk management protocols. President Trump’s executive order…

The Solana Policy Institute, a new organization founded by Miller Whitehouse-Levine, aims to educate policymakers on the benefits of decentralized networks like Solana. It will work with other crypto advocacy groups in Washington to promote legal clarity for Solana-based applications and improve Solana’s legal status in the US.

Ethereum co-founder Vitalik Buterin proposed a new Layer-2 rollup security framework for faster finality and stronger trust guarantees. The roadmap includes a hybrid-proof architecture combining zero-knowledge proofs, optimistic rollups, and trusted execution environments. The focus is on advancing rollups to Stage 2, with plans for upgrades like Pectra and Fusaka to expand data availability. The…

Bitcoin (BTC) has outperformed the S&P 500 and gold since Election Day, despite falling nearly 12% in the first quarter. Gold hit a new all-time high, while the S&P 500 is down. Bitcoin’s relative strength has grown, with dominance at over 61%. Altcoins, like Ethereum (ETH) and Solana (SOL), have struggled.

Coinbase CEO Brian Armstrong is advocating for stablecoin legislation that allows consumers to earn interest on their digital dollar holdings. He argues that this would benefit consumers, increase global financial access, and strengthen the US economy in the long term. Armstrong emphasizes the need for onchain interest to democratize access to market-rate yields and bring…

Kiln has become the newest Super Representative of TRON DAO, dedicated to decentralizing the internet through blockchain technology. As a Super Representative, Kiln will validate transactions and maintain network security. Kiln is a leading staking and DeFi platform, trusted by businesses worldwide, and collaborates with other industry leaders for a secure user experience.

Circle, known for issuing the USD Coin stablecoin, is moving towards a traditional IPO with JPMorgan and Citi leading the way. The IPO paperwork is expected to be submitted publicly by late April, revealing financial performance and proposed ticker. USDC’s market cap has reached $60 billion, but Circle faces questions about revenue streams.

Strategy, formerly known as MicroStrategy, has acquired an additional 22,048 Bitcoin, bringing its total holdings to 528,185 BTC. The purchase was financed through capital-raising activities and represents 2.55% of Bitcoin’s circulating supply. Strategy aims to raise $21 billion through equity and fixed-income instruments to fuel future acquisitions as part of its long-term Bitcoin treasury reserve…