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Source: Coinspeaker.com

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China’s CBDC Mastermind Is Under Investigation
Coinspeaker
China’s CBDC Mastermind Is Under Investigation
Yao Qian, the mastermind behind the development of China’s Central Bank Digital Currency (CBDC), has found himself under the watchful eyes of the Chinese government, as reports reveal that he is under investigation.… Read full article
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SEC Sues Bitcoin Miner Geosyn for Defrauding Several Customers
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SEC Sues Bitcoin Miner Geosyn for Defrauding Several Customers
On Wednesday, April 24, the US Securities and Exchange Commission (SEC) filed a lawsuit against crypto miner Geosyn Mining alleging them of defrauding more than 64 investors to the tune… Read full article
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Fidelity’s Spot Bitcoin ETF Records Outflow for First Time amid $217M Outflows Yesterday
Coinspeaker
Fidelity’s Spot Bitcoin ETF Records Outflow for First Time amid $217M Outflows Yesterday

Fidelity’s spot Bitcoin ETF (FBTC), a highly anticipated Bitcoin investment fund, appe­ars to face a challenge. Afte­r launching in January 2024, the fund saw its first… Read full article
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Franklin Templeton Launches $380M Government Fund, Tokenizes It on Polygon, Stellar
Coinspeaker
Franklin Templeton Launches $380M Government Fund, Tokenizes It on Polygon, Stellar
Leading investment firm Franklin Templeton has announced a $380 million  United States Government Money Fund (FOBXX), tokenized as BENJI tokens. According to the firm, these tokens represent shares… Read full article
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Consensys Sues US SEC over Its Attempts to Label Ethereum Security
Coinspeaker
Consensys Sues US SEC over Its Attempts to Label Ethereum Security
The United States Securities and Exchange Commission (SEC) would eventually be sued for attempting to classify Ethereum (ETH) as a security and not approving the trading of spot… Read full article
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Institutional Investors Flock to Solana (SOL) Ahead of Anticipated Bull Run
Coinspeaker
Institutional Investors Flock to Solana (SOL) Ahead of Anticipated Bull Run
Solana (SOL) is gaining traction among institutional investors looking to diversify their portfolios beyond Bitcoin (BTC) in anticipation of the upcoming bull run that is expected to accompany… Read full article
4h ago
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Shiba Inu Developers Set Shibarium Hard Fork for May 2: Here’s What You Need to Know
Coinspeaker
Shiba Inu Developers Set Shibarium Hard Fork for May 2: Here’s What You Need to Know
The development team of Shiba Inu, the popular meme-based cryptocurrency, has announced the date for the Shibarium hard fork. According to the announcement,… Read full article
5h ago
Coinspeaker.com
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Stripe to Allow Merchant Payments in USDC Stablecoin This Summer
Coinspeaker
Stripe to Allow Merchant Payments in USDC Stablecoin This Summer
After dropping its Bitcoin payments facility six years back in 2018, payments giant Stripe is once again coming with a crypto payment facility for merchant payments. Stripe has announced… Read full article
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Avail Teams Up with Leading Blockchain Platforms for Data Integration
Coinspeaker
Avail Teams Up with Leading Blockchain Platforms for Data Integration
Avail, an innovative blockchain solution designed to help improve data availability for rollups, has partnered with five layer-2 protocols to boost scalability, cost-efficiency, and developer flexibility.  In an announcement… Read full article
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Aligned Layer Successfully Raised $20M in Series A Funding Round Led by Hack VC
Coinspeaker
Aligned Layer Successfully Raised $20M in Series A Funding Round Led by Hack VC
Aligned Layer, a universal verification layer for the Ethereum (ETH) network via the EigenLayer, has announced the closure of its Series A funding round with… Read full article
18h ago
Coinspeaker.com
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BNB Chain to Move Native Liquid Staking Feature to BSC
Coinspeaker
BNB Chain to Move Native Liquid Staking Feature to BSC
BNB Chain is transitioning from the BNB Beacon Chain (billed to be completely shut down by June 2024) to the BNB Smart Chain (BSC). However, it has revealed plans… Read full article
21h ago
BNB
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Renzo (REZ) Addresses Community Backlash with Airdrop Adjustment and Token Stabilization Efforts
Coinspeaker
Renzo (REZ) Addresses Community Backlash with Airdrop Adjustment and Token Stabilization Efforts
Renzo, a liquid restaking platform, has announced changes to its airdrop allocation and token distribution strategy. These moves come in response to mounting community outrage and the… Read full article
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Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
Coinspeaker
Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
As the deadline for the United States Securities and Exchange Commission (SEC) to issue a final ruling on the several applications for the spot Ethereum… Read full article
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CryptoQuant CEO Disagrees with DOJ’s Intent on Samourai Wallet Charge
Coinspeaker
CryptoQuant CEO Disagrees with DOJ’s Intent on Samourai Wallet Charge
Ki Young Ju, CEO of CryptoQuant, has opposed the US Department of Justice’s (DOJ) charge on two co-founders of crypto mixing service Samourai Wallet.
The CEO’s stance aligns with… Read full article
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Worldcoin Explores Collaboration with OpenAI and Other Tech Companies 
Coinspeaker
Worldcoin Explores Collaboration with OpenAI and Other Tech Companies 
Worldcoin is actively pursuing collaborations to expand its business footprint across the tech industry, targeting artificial intelligence (AI) and financial sectors. According to a Bloomberg report on Thursday, the iris… Read full article
23h ago
ION
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Instagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud
Coinspeaker
Instagram Scammer Jay Mazini Receives 7-Year Sentence for Crypto Fraud

Jebara Igbara, the Instagram influencer, known as Jay Mazini, receive­d a seven-year imprisonme­nt for masterminding a multimillion-dollar crypto fraud. Igbara, age­d 28, residing in New Jerse­y, confessed to several… Read full article
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CoinGecko 2024 Q1 Crypto Industry Report, Polkadot Spotlighted
Coinspeaker
CoinGecko 2024 Q1 Crypto Industry Report, Polkadot Spotlighted
Coingecko recently hosted the comprehensive virtual meeting in which key speakers shared their insights on the trends in the digital currency ecosystem in the first quarter. The meeting also beamed its… Read full article
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KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
Coinspeaker
KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
Financial consulting giant KPMG recently conducted a survey stating that nearly 40% of Canada’s institutional investors have sought exposure to cryptocurrencies. As per the joint survey conducted by KPMG… Read full article
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Baby Doge Coin (BABYDOGE) Price Surges 15% after New DAO Proposal to Eliminate Transaction Tax
Coinspeaker
Baby Doge Coin (BABYDOGE) Price Surges 15% after New DAO Proposal to Eliminate Transaction Tax
Baby Doge Coin (BABYDOGE), a fast-growing meme coin based on the BNB Chain and Ethereum network, has made several headlines amid a bearish crypto… Read full article
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Changpeng Zhao’s Defense Team Pushes for Probation in Sentencing Hearing
Coinspeaker
Changpeng Zhao’s Defense Team Pushes for Probation in Sentencing Hearing
The defense team representing Binance co-founder and former CEO Changpeng Zhao (CZ) has formally addressed the recent request from the US Department of Justice (DOJ) for a three-year jail… Read full article
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EU’s Crackdown on Crypto Anonymity: Delicate Balance between Security and Privacy
Coinspeaker
EU’s Crackdown on Crypto Anonymity: Delicate Balance between Security and Privacy
The crypto industry has long prided itself on the privacy and anonymity afforded to its users, but a recent vote by the European Union parliament has set the… Read full article
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Top Democrat Maxine Waters Hints at Almost Ready Stablecoin Bill
Coinspeaker
Top Democrat Maxine Waters Hints at Almost Ready Stablecoin Bill
US House Representative Maxine Waters (D-California) has claimed that the finalized version of the long-awaited stablecoin bill is just around the corner. The top Democrat on the House Financial… Read full article
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BlackRock Records Zero Inflow for First Time Amid $121M Outflows
Coinspeaker
BlackRock Records Zero Inflow for First Time Amid $121M Outflows

The Bitcoin spot exchange-traded fund (ETF) marke­t witnessed significant outflow on We­dnesday, April 24. According to the SoSoValue­, the total net outflow reache­d $121 million, while Grayscale Bitcoin Trust… Read full article
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South Korean Upbit Becomes Top 5 Exchange by Volume
Coinspeaker
South Korean Upbit Becomes Top 5 Exchange by Volume
Upbit, a South Korean crypto exchange based in Seoul’s ritzy Gangnam district, has climbed to become the top five global exchanges by volume. South Korea has benefitted from the recent… Read full article
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Meta’s Reality Labs Reports $3.85B Loss in Q1 2024, META Stock Tumbles 19%
Coinspeaker
Meta’s Reality Labs Reports $3.85B Loss in Q1 2024, META Stock Tumbles 19%
Facebook’s parent company Meta’s move into the Metaverse is still weighing heavy on the company’s pockets as its Reality Labs unit recorded a staggering $3.85 billion… Read full article
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Bitcoin’s Price Drop to $64,000 Leads to $210 Million Liquidations in One Day
Coinspeaker
Bitcoin’s Price Drop to $64,000 Leads to $210 Million Liquidations in One Day
The crypto market has once again been rattled by volatility as Bitcoin (BTC) price slipped to $64,000, marking a downturn following its rebound from the recent… Read full article
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Morgan Stanley to Allow 15,000 Brokers to Offer Spot Bitcoin ETFs
Coinspeaker
Morgan Stanley to Allow 15,000 Brokers to Offer Spot Bitcoin ETFs
In the latest development, banking giant Morgan Stanley stated that it would allow its 15,000 brokers to distribute the newly introduced spot Bitcoin ETF funds. Ever since their… Read full article
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Man Who Flashed ‘Buy Bitcoin’ at 2017 Congressional Hearing Sells Sign for $1M
Coinspeaker
Man Who Flashed ‘Buy Bitcoin’ at 2017 Congressional Hearing Sells Sign for $1M
Nearly 7 years later, Christian Langalis, the man who wrote “Buy Bitcoin” on a yellow notepad and flashed it on live TV, has now sold the… Read full article
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Binance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing
Coinspeaker
Binance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing
As the sentencing for Binance co-founder Changpeng Zhao (CZ) approaches, the former crypto leader has written an apology letter to the presiding Judge from the… Read full article
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Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services
Coinspeaker
Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services
Figment, a crypto staking firm, has announced its achievement in the first quarter (Q1) of 2024. The company revealed that with the launch of its Ethereum and… Read full article
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Strike Launches Crypto Payment Services in Europe
Coinspeaker
Strike Launches Crypto Payment Services in Europe
Strike, a prominent US-based crypto payments company, has finally launched its much-anticipated services in Europe. According to an announcement on Wednesday, the services are restricted from certain countries in Europe for now. … Read full article
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Ripple IPO: David Schwartz Makes Key Expose on His Stock Option
Coinspeaker
Ripple IPO: David Schwartz Makes Key Expose on His Stock Option
David Schwartz, the Chief Technology Officer (CTO) at Ripple Labs Inc has shared important details about his stock options amid IPO conversations. His opinion has sparked curiosity about… Read full article
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North Korean Lazarus Hacker Group Taps LinkedIn in Targeted Crypto Theft
Coinspeaker
North Korean Lazarus Hacker Group Taps LinkedIn in Targeted Crypto Theft
As per the latest reports, North Korea’s notorious Lazarus Group is using professional social media platforms like LinkedIn to target users and steal their crypto assets via Malware… Read full article
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Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M
Coinspeaker
Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M
Stablecoins are fast growing in popularity, and the result is now evident in the number of addresses that hold them. According to the data from rwa.xyz,… Read full article
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Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
Coinspeaker
Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
The cryptocurrency space has been in a debate concerning the approval of Ethereum as a security by the US Securities and Exchange Commission (SEC). This discussion… Read full article
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Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts
Coinspeaker
Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts

The Ce­ntral Bank of Nigeria (CBN) rejecte­d claims it instructed banks and financial companies to identify crypto exchange users. Re­ports stated accounts engaging in such transactions were put… Read full article
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Crypto Messaging App iMe Partners DWF Labs for Ecosystem Growth 
Coinspeaker
Crypto Messaging App iMe Partners DWF Labs for Ecosystem Growth 
iMe Platform, a Web3 social media messaging app powered by Telegram’s application programming interface (API), has secured a strategic partnership with DWF Labs, a crypto-focused market maker, to promote… Read full article
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Floki and Pepe Leads in Bullish Breakout Ahead of Anticipated Meme Coin Season
Coinspeaker
Floki and Pepe Leads in Bullish Breakout Ahead of Anticipated Meme Coin Season
The meme coin industry has grown to a major sector, with more than $56 billion in market cap and around $7.6 billion in daily average trading… Read full article
2d ago
Coinspeaker.com
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Renzo Introduced REZ Tokenomics and ezPoints Claiming Details
Coinspeaker
Renzo Introduced REZ Tokenomics and ezPoints Claiming Details
With the end of Renzo’s Season 1 ezPoints campaign drawing closer, the liquid staking protocol has released REZ tokenomics and the claiming details of the ezPoints.
According to the Renzo Protocol,… Read full article
2d ago
Coinspeaker.com
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Australia Records 1,000 Bitcoin ATMs Milestone
Coinspeaker
Australia Records 1,000 Bitcoin ATMs Milestone
Active Bitcoin ATMs in Australia have now crossed the 1,000 mark, making the country the third-largest hub for crypto ATMs. As of publication, Australia now hosts an active network of 1,002 Bitcoin ATMs,… Read full article
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Hong Kong Set to Launch Approved Bitcoin and Ethereum ETFs Next Week
Coinspeaker
Hong Kong Set to Launch Approved Bitcoin and Ethereum ETFs Next Week
Hong Kong is on the brink of introducing its crypto-based exchange-traded funds (ETFs) for trading. According to a recent Bloomberg report citing people familiar with the matter,… Read full article
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Worldcoin to Boost WLD Supply by 19% in Next Six Months, WLD Price under Pressure
Coinspeaker
Worldcoin to Boost WLD Supply by 19% in Next Six Months, WLD Price under Pressure
Sam Altman’s iris-scanning digital identity project Worldcoin announced that it would increase the supply of its WLD tokens by a staggering 19% over the… Read full article
2d ago
OST
Coinspeaker.com
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Ripple Switches US On-Demand Liquidity (ODL) Clients from XRP to USDT Following Last Year’s Court Order
Coinspeaker
Ripple Switches US On-Demand Liquidity (ODL) Clients from XRP to USDT Following Last Year’s Court Order
A recent court filing submitted by Ripple against the United States Securities and Exchange Commission (SEC) reveals that Ripple has made a few… Read full article
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Don’t Ignore Left Curve: Arthur Hayes Explains Why Crypto Will Continue to Surge
Coinspeaker
Don’t Ignore Left Curve: Arthur Hayes Explains Why Crypto Will Continue to Surge
Arthur Hayes, an experienced crypto trader and co-founder of Bitmex, recently shared some insight about the main factors behind the current bull run. He explained how… Read full article
2d ago
INS
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Runes Accounted for Over 57% of Bitcoin Transactions on Halving Day, Here’s Why
Coinspeaker
Runes Accounted for Over 57% of Bitcoin Transactions on Halving Day, Here’s Why
Usually, the Bitcoin halving day promises many changes in and around the ever-evolving world of cryptocurrency. From the anticipated reduction in miner rewards to the surging… Read full article
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DOJ Seeks 3-Year Imprisonment for Binance Founder Changpeng Zhao
Coinspeaker
DOJ Seeks 3-Year Imprisonment for Binance Founder Changpeng Zhao

The US gove­rnment seeks harsher punishment for Changpeng Zhao, Binance founde­r, than initially negotiated. In a sente­ncing document submitted on April 23, 2024, the US De­partment of Justice (DOJ) argued… Read full article
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ETH Price Grinds Higher amid Expected US SEC’s Decision on Spot Ethereum ETF Applications
Coinspeaker
ETH Price Grinds Higher amid Expected US SEC’s Decision on Spot Ethereum ETF Applications
Ethereum (ETH), the undisputed world web3 leader that has facilitated over $279 billion in bridged total value locked (TVL) through its popular EVM, is about… Read full article
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Solana Block Time Returns to 2 Sec, Is Congestion Nightmare Over?
Coinspeaker
Solana Block Time Returns to 2 Sec, Is Congestion Nightmare Over?
After several weeks of network congestion, Solana is now functioning properly again as its issue has finally been resolved and block time has returned to 2 seconds.
Having… Read full article
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Hedera’s HBAR Jumps 96% on Misunderstood BlackRock Update
Coinspeaker
Hedera’s HBAR Jumps 96% on Misunderstood BlackRock Update
Hedera’s native token, HBAR, experienced a nearly 100% surge in the past 24 hours. The rally was triggered by news that BlackRock, a prominent global asset management company based in the… Read full article
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Jack Dorsey-Led Block Finishes Development of 3nm Bitcoin Mining Chips
Coinspeaker
Jack Dorsey-Led Block Finishes Development of 3nm Bitcoin Mining Chips
After working rigorously for three years on their Bitcoin mining chips, Jack Dorsey’s Block Inc announced that they had finished the development of the three-nanometer chip. Jack Dorsey, Twitter… Read full article
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