Solana Dominates with 24.2 Million Active Addresses, Leading Network Rankings

According to recent data from Nansen published on May 6th, the Solana network has emerged as a frontrunner in the blockchain ecosystem, boasting approximately 24.2 million active addresses over the preceding week. This robust activity positions Solana at the top of the leaderboard, underscoring its growing influence in the cryptocurrency arena. Following closely, the Tron … Read more

COTI Selected by ECB to Help Develop Digital Euro Technology

The European Central Bank has selected COTI as a Pioneer Partner for its central bank digital currency (CBDC) initiative. The selected partners are tasked with demonstrating the technical implementation of a conditional payments system before the CBDC’s launch. Digital Euro Launch Set for Early 2026 COTI, an Ethereum confidentiality layer, has been selected by the … Read more

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Alex Mashinsky, the founder and former CEO of bankrupt crypto lending platform Celsius, has blasted the government’s 20-year “venom-laced” sentence request, declaring it a “death-in-prison sentence.” The US Department of Justice requested Mashinsky receive at least 20 years behind bars in the May 8 sentencing for his role in misleading Celsius users and profiting from … Read more

SEC Gathers Financial Titans in Crypto Dialogue

The U.S. Securities and Exchange Commission (SEC) is set to organize a roundtable on May 12 in Washington, D.C., bringing together leading voices from traditional finance and the crypto industry. Focused on the burgeoning field of crypto-asset tokenization, this gathering promises insightful exchanges on how these innovations may reshape financial landscapes. Who Will Be Present?What … Read more

Binance Launches New SXT Project, Attracting Over 18.6 Million BNB in Funding

On May 6th, COINOTAG reported the launch of Binance’s latest initiative, the Launchpool project SXT, which commenced at 8:00 AM. Within hours, the project has successfully garnered a notable investment of 18.6477 million BNB, alongside 413 million FDUSD and 2.081 billion USDC. This robust financial backing underscores the project’s potential within the crypto landscape. Notably, … Read more

Suspect in $190M Nomad hack to be extradited to the US: Report

A Russian-Israeli citizen allegedly involved in the $190 million Nomad bridge hack will soon be extradited to the US after he was reportedly arrested at an Israeli airport while boarding a flight to Russia.  Alexander Gurevich will be investigated for his alleged involvement in several “computer crimes,” including laundering millions of dollars and transferring stolen … Read more

Bitcoin Prices, FOMC, Treasury Report

Cryptocurrencies have always been a volatile asset. But at a time when the entire global economic trajectory appears volatile, these digital assets like Bitcoin are attracting more and more investors as a preferred hedge. Bitcoin’s price appears relatively stable on Monday, trading around $94,000. This week appears to be particularly eventful for both Bitcoin and … Read more