Today commemorates the 13th anniversary of the first altcoin, the crypto asset Namecoin (NMC), whose network debuted on April 18, 2011. Although the token has dimmed over time, the network remains under active development and its proof-of-work (PoW) hashrate ranks among the highest in the crypto ecosystem. While Often Forgotten, the First Altcoin Turns 13 … Read more
XRP price has just recorded one of its most dramatic drops in recent memory, falling to $1.64, marking a level unseen since November 2024. The 22% plunge from $2.10 follows a wider crypto market meltdown, with Bitcoin (BTC) sinking to $74,000, its lowest point in five months, and Ethereum crashing 60% over the last 90 … Read more
Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins. In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House … Read more
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for … Read more
BNBChain is upgrading its $100 million incentive program to feature direct token acquisition. According to an update, the change in approach follows ecosystem feedback that showed the initial liquidity program for memecoins, decentralized finance, artificial intelligence and gaming tokens among other projects on BNB Chain was not as effective as expected. BNB Chain initially announced … Read more
Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York. The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) — is difficult to project but is “definitely a bigger … Read more
North Korean hacker group Lazarus has managed to target another prominent figure in the crypto industry. Manta Network co-founder Kenny Li announced on Twitter that he was the victim of a carefully orchestrated phishing attack via Zoom. The attackers used recorded video footage of real team members — making the meeting appear genuine — to … Read more
Bitcoin ETFs snapped back with a $108 million inflow on Thursday, April 17, recovering nearly two-thirds of the prior day’s outflow thanks to strong entries into Blackrock and Fidelity products. Ether ETFs, meanwhile, were frozen in place with no net flows. Blackrock and Fidelity Lead Bitcoin ETFs Rebound A day after hemorrhaging $170 million, bitcoin … Read more
Key Takeaways Canary Capital filed for the first US-listed ETF for Tron TRX incorporating staking features. The ETF aims to simplify TRX investment for traditional investors by tracking its spot price and offering staking rewards. Canary Capital has submitted an application for the first US-listed ETF focused on Tron’s TRX token that would include the … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona’s push to develop state-run cryptocurrency reserves gained momentum this week. One bill cleared a crucial hurdle when the Strategic Digital Assets Reserve Bill (SB 1373) moved through the upper chamber of the House Committee of the Whole on April 17. It … Read more