Cryptocurrency
Markets Jump on US-China Optimism, New Tether-Softbank Funded BTC Treasury Firm, and More — Week in Review – The Weekly Bitcoin News
Markets jump on US-China optimism, New Tether-Softbank funded BTC treasury firm, Bitcoin ETFs attract nearly $1 Billion in new capital, and more in this Week in Review. Week in Review Crypto-related stocks rallied alongside digital assets amid renewed U.S.-China...
Cryptocurrency
Senator Lummis Dubs Fed’s Crypto Policy Shift as Superficial –
Key TakeawaysLummis accused the Fed of making cosmetic changes without addressing deeper regulatory barriers facing the digital asset industry.She argued that the same regulatory mindset remains entrenched at the central bankSenator Cynthia Lummis criticized the Federal Reserve’s recent decision...
Cryptocurrency
DeFi Platform Loopscale Loses $5.8 Million in Exploit, Pauses Lending –
Key TakeawaysThe exploit was caused by a flaw in the pricing mechanism for RateX-based collateral.Loopscale has not disclosed whether user funds will be reimbursed or if insurance mechanisms will be activated.Decentralized finance platform Loopscale confirmed on Friday that it...
Cryptocurrency
Solana’s Loopscale pauses lending after $5.8M hack
Update (April 26 at 8:57 PM UTC): This article has been updated to include updates from Loopscale. Solana decentralized finance (DeFi) protocol Loopscale temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker...
Cryptocurrency
TRUMP Token News: Trump Memecoin’s 85% Weekly Surge Defies Democrats’ Call for Impeachment, Massive Unlocks
TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as Democratic lawmakers cite the president’s involvement with the token as potential grounds for impeachment and after a massive unlock...
Cryptocurrency
RockawayX Launches $125 Million Fund to Back Solana’s Next Generation of Builders – Crypto News Bitcoin News
Crypto VC firm RockawayX has launched a $125 million fund focused on early-stage Solana-based projects. With a track record of success and a hands-on investment strategy, the firm aims to capitalize on yield-generating DeFi opportunities. RockawayX Bets Big on...
Cryptocurrency
Crypto banking rule withdrawal by Fed ‘not real progress’ — Senator Lummis
United States Senator Cynthia Lummis says the crypto industry may be celebrating too soon over the US Federal Reserve softening its crypto guidance for banks.“The Fed withdrawing crypto guidance is just noise, not real progress,” Lummis said in an...
Latest News
X in Tanzania: Access to the social media site restricted after police account targeted by hackers
Access to the social media platform X has been restricted in Tanzania after some official accounts of government and...