Category: crypto
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In crypto, privacy simply isn’t simple enough
Adam Gągol, Co-founder of Aleph Zero, emphasizes the importance of making privacy in crypto simple and user-centered to attract more users. Current privacy solutions are complex and require technical knowledge, leading users to default to centralized exchanges. The industry must simplify privacy to ensure mass adoption and retain retail appeal.
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Regulated exchanges hold the key to unlocking the altcoin season
Since the implementation of MiCA regulations in Europe, the crypto landscape has shifted towards regulatory compliance and user safety. Altcoins are expected to see significant growth, with regulated exchanges playing a crucial role in the market’s development. Adherence to regulations is now an industry standard that paves the way for responsible altcoin growth.
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Hong Kong’s web3 moment: Blink and you’ll miss it Contributor Web3 30 seconds ago
Hong Kong is experiencing a surge in web3 technology adoption, but the pace of change is so rapid that it can be easily missed. The city is quickly embracing decentralized technologies, but staying informed and keeping up with developments is crucial in order to fully participate in this evolving digital landscape.
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Google embraces zero-knowledge proof tech for enhanced privacy in digital IDs
Google has integrated Zero-Knowledge Proof technology into its Google Wallet platform to enhance user privacy. This feature allows users to verify their age without disclosing personal information. Google plans to open-source its ZKP tools for other wallet providers and developers to adopt privacy-first authentication systems. This move has been praised by the crypto community for…
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Ivy-league US college Brown discloses $4.9 million exposure to Bitcoin via BlackRock’s IBIT ETF
Brown University has invested $4.9 million in BlackRock’s iShares Bitcoin Trust, acquiring 105,000 shares of the ETF. This move reflects a broader trend of traditional institutions turning to regulated vehicles for digital asset exposure. Other universities, such as the University of Austin, Stanford, and Emory, have also reported exposure to Bitcoin through regulated investment products.
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Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge
Crypto venture funding in the first quarter of 2025 reached $4.9 billion, with a 40% increase from the previous quarter. The majority of funding went to later-stage companies, particularly in the Trading, Exchange, Lending, and Investing sector. US startups dominated the funding scene, and there was a recovery in the correlation between Bitcoin’s price movements…
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ZachXBT reveals $7M of the OG holder’s stolen Bitcoin was frozen with Binance’s help
Blockchain analyst ZachXBT reported that $7 million of the $330 million stolen in Bitcoin has been frozen with the help of Binance. The theft involved social engineering tactics and two suspects have been identified. Binance, tanuki42, and Cryptoforensic Investigators were credited with freezing the stolen funds. Investigations are ongoing.
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European Bitcoin treasury company launches $20B Bitcoin strategy
European Bitcoin treasury company The Blockchain Group returned to profitability and plans to expand its Bitcoin reserves. The company rebranded in 2024 and recorded a net profit of €1.36 million. It reduced expenses and staff costs, initiated substantial Bitcoin purchases, and aims to hold between 170,000 and 260,000 BTC by 2033. Strategic investors support its…
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Riot Platforms reports $296M net loss in Q1 despite record revenues
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, attributing the growth to higher Bitcoin prices, expanded hash rate capacity, and improvements at its Corsicana Facility. Despite the record revenue, Riot posted a net loss of $296.4 million, with adjusted EBITDA falling to negative $176.4 million. Production of Bitcoin increased…
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Senate looks to push through GENIUS stablecoin bill before end of May
Senate Republicans are fast-tracking the GENIUS stablecoin bill for a vote before Memorial Day. The bill, aimed at regulating stablecoins, would require 1:1 backing and Federal Reserve oversight. Supporters argue it is necessary for regulating crypto activity and preserving dollar primacy. Opposition from Democrats and banking groups raises concerns about potential risks.