Avalanche-powered Axiym bets on money services businesses

Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph. Headquartered in Dubai, United Arab Emirates, Axiym disclosed on April 24 that it has processed more than $132 million in cumulative volume on the Avalanche blockchain. The … Read more

Binance CEO: Onboarding Next Billion

Richard Teng, the chief executive of Binance who replaced Changpeng Zhao (CZ) in November 2023, has taken to his account on the X platform (formerly known as Twitter) to share with the community the key directions Binance intends to follow in the near future. Teng addressed his X followers, gaining their attention with three major … Read more

Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signals

Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date. Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and … Read more

Ethereum’s L2 approach equals many high-throughput chains — Avail exec

Ethereum’s focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail, a unified chain abstraction solution. In an interview with Cointelegraph, Arjun acknowledged that Ethereum and high-throughput competitors with monolithic architecture … Read more

Bitcoin Without Privacy Is A Surveillance System

Builder: Yuval Kogman (nothingmuch) Language(s): Rust, C#, Go, Python Contribute(s/ed) To: rust-payjoin, WabiSabi/Wasabi 2.0, General Privacy Research Work(s/ed) At: Spiral (currently), zkSNACKS (formerly) Yuval had an interest in subjects related to Bitcoin far before it was actually birthed into the world. A lifetime software developer and technology enthusiast, as well as a general purpose autist, … Read more

Analyst Predicts Bitcoin Price Dip To This Level: Here’s Why It Matters

The Bitcoin price experienced a minor pullback after a significant bullish rebound yesterday. While Bitcoin is currently trading around the $92K level, analysts have identified the $94k-$95k zone as a crucial resistance area for BTC to further surge. Let’s analyze whether BTC would break past the resistance zone or pull back to another low. Can … Read more

Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional Accumulation

Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018, … Read more

Securitize, Mantle launch institutional crypto fund

Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said.  Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including … Read more