Crypto

Source: Coin Tegraph Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization.  In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17…

Source: Coin Tegraph Bitcoinlib, explained Bitcoinlib is an open-source Python library designed to make Bitcoin development easier.  Think of it as a toolbox for programmers who want to create Bitcoin wallets, manage transactions, or build apps that interact with the Bitcoin blockchain. Since its launch, it’s been downloaded over 1 million times, showing just how…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A quantum‑computing collective known as Project Eleven has thrown down a public gauntlet to the global cryptography community, offering a reward of one Bitcoin to the first team that can break a deliberately down‑scaled version of Bitcoin’s elliptic‑curve cryptography using…

Source: Coin Tegraph There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing. Rug pulls have dropped in frequency year-over-year, with early 2024 recording 21 separate incidents, compared to only seven so far…

Source: Coin Tegraph The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70.  However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk measures are in place. “Synthetix and sUSD have weathered…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto exchange Binance is remodeling its attitude toward regulation, flipping the script on its former notoriety as a pain in the neck of sorts to a role as an insider policy adviser to governments worldwide. The organization currently advises governments…

Source: Coin Tegraph American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder’s suit a “sham” and adding claims of…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin’s latest price formations suggest that an early-stage recovery might be underway, supported by signals on both short-term and mid-term timeframes. A close look at the chart activity shows technical setups that has historically led to strong breakouts. The observations…

Source: Coin Tegraph Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware.  The meeting seemed real with the impersonated person’s camera on, but the lack of sound and a suspicious prompt to…

Source: Coin Tegraph Bitcoin’s relatively stable price movements despite macroeconomic uncertainty is likely due to resilient spot Bitcoin ETF holders and Michael Saylor’s firm continuing to buy aggressively, according to a Bloomberg analyst. “The ETFs and Saylor have been buying up all ‘dumps’ from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and…