Crypto

Source: Coin Tegraph Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research. The report suggests that Ethereum’s L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH’s fortunes might be about to turn. Ethereum Set For A Bullish Breakout? Unlike Bitcoin…

Source: Coin Tegraph A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC.  In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the US would…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Yesterday morning, hackers broke into Government Minister Lucy Powell’s X account to promote a crypto scam coin dubbed ‘House of Commons Coin’ or $HCC. The fraudster(s) falsely claimed that it was an official House of Commons initiative, describing it as…

Source: Coin Tegraph The X account of UK member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC), describing it as…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The founder of a leading digital asset investment firm has raised significant concerns over the reliability of crypto token pricing, citing widespread manipulation between market makers and centralized exchanges (CEXs). Arthur Cheong, CEO of DeFiance Capital, stated via social media…

Source: Coin Tegraph Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability. Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a strategic partnership with…

Source: Coin Tegraph Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies…

Source: Coin Tegraph Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Galaxy Digital, the cryptocurrency investment company led by Michael Novogratz, has sent 25,000 Ethereum tokens to Binance exchange in the last three days. The huge transfer of digital assets, which amounts to more than $40 million, occurs just a short…