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Digital Euro Use Won’t Push Out Swedish Krona: Central Bank

Adopting a potential digital euro won't displace the Swedish krona, Sweden’s central bank said. In a staff memo published Tuesday, the Sveriges Riksbank indicated it sees potential benefits for Sweden in the digital euro. It highlighted the possibility of a more robust and competitive...

, by Shalini Nagarajan

Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving

Bitcoin hash rate has experienced a significant decline as mining firms are shutting down unprofitable rigs following the halving.

, by Ruholamin Haqshanas

Evolution of Digital Art

TRLab’s Audrey Ou’s exploration into the future of digital art, NFTs, and technology Audrey Ou, CEO and co-founder of TRLab is a frequent speaker on fine art NFTs and an Ivy League graduate of Princeton University and Columbia University. She is steering the TRLab platform towards...

, by Darla Wall

Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst

Bitcoin has emerged from the post-halving "danger zone" and entered an accumulation phase, as indicated by weakening selling pressure.

, by Ruholamin Haqshanas

Animoca Brands Japan and Quidd to Release ‘FAIRY TAIL’ Digital Collectibles

Animoca Brands Japan and Quidd will launch digital collectibles of the popular manga “FAIRY TAIL.” According to a press release shared with Cryptonews.com, the Japanese subsidiary of Animoca Brands’ new collectibles will feature 29 characters from the series, including Natsu,...

, by Hongji Feng

CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams

The Commodity Futures Trading Commission (CFTC) is warning against "money mule" scams targeting remote job seekers. On Monday, the regulator said people seeking work-from-home opportunities should be on the lookout for these deceptive schemes. According to Melanie Devoe, director at the Office...

, by Shalini Nagarajan

Coinbase Faces Widespread Outage, Leaving Users Unable to Access Crypto Exchange

Coinbase is grappling with a "system-wide outage" that has rendered its services inaccessible to users on both desktop and mobile platforms.

, by Ruholamin Haqshanas

Crypto Exchange OKX Officially Debuts in Australia

OKX, a world-leading digital asset exchange, has officially launched its operations in Australia, a year after it established an office in Sydney in May 2023. Announced Tuesday, the launch would enable spot trading for all users and derivatives trading for verified wholesale clients in...

, by Sujha Sundararajan

VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in Q1

VanEck's spot Bitcoin exchange-traded fund (ETF) experienced significant growth in the first quarter of 2024. According to VanEck Bitcoin Trust’s recent filing with the Securities and Exchange Commission (SEC), the HODL Bitcoin ETF saw an increase of $109 million in net asset for the first...

, by Hongji Feng

Daily Bitcoin Rune Etchings Plummet by 99% Since April Peak

The number of new Runes etched on Bitcoin daily has experienced a drastic decline, falling below 250 for the past six days.

, by Ruholamin Haqshanas

Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole

Security firm CertiK said it has detected and prevented a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses. In a social media post, CertiK said its research team found a critical bug in Wormhole -- an incorrect application of the public and entry...

, by Tanzeel Akhtar

UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect

The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies. In a London High Court ruling on April 30, Amey Finance Academy Ltd was ordered to close. The company's sole owner and leader, Desmond Amey...

, by Shalini Nagarajan

Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status

The Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration. CFTC Settlement Terms and...

, by Hassan Shittu

US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base

President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed crypto mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns. In an announcement, the White House said there is credible evidence that MineOne Partners Limited, a...

, by Tanzeel Akhtar

Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT

Rain experienced a potential exploit, resulting in the transfer of approximately $14.1 million worth of cryptocurrencies to a new wallet.

, by Hassan Shittu

Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software

Senators Cynthia Lummis and Ron Wyden want the DOJ to reverse course on its new legal interpretation that threatens Bitcoin privacy tools.

, by Andrew Throuvalas

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