Crypto on track to hit 1B users by end of 2025 — Analyst
    30 Apr 2024
    247 Views

    The cryptocurrency industry could reach its first billion users by the end of 2025, according to Bitcoin analyst Willy Woo. Woo wrote in an April 29 X post: “On track for 1 BILLION crypto users by the end of 2025. An extrapolation of many independent prior studies in this chart. Binance estimates that 65% of…

    EigenLayer users fume over restrictive airdrop, others say it’s ‘generous’
    30 Apr 2024
    165 Views

    Users who felt left out of the recently announced Eigenlayer airdrop have lashed out at the restaking protocol’s Monday announcement — highlighting its non-transferable token structure, aggressive geo-restrictions, and an apparently short snapshot period. Eigenlayer — the second largest protocol with $15.67 billion in total value locked (TVL) — unveiled the specifics of its long-expected…

    Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO
    30 Apr 2024
    230 Views

    Although Dubai’s Virtual Assets Regulatory Authority (VARA) has deployed comprehensive requirements for the crypto space, professionals working in licensing believe that the lengthy process is worth it. Cointelegraph contacted crypto licensing executives working in Dubai to get their thoughts on the local licensing process and laws. Tao Xiao, managing partner of business consulting firm NH…

    DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
    29 Apr 2024
    146 Views

    The United States’ arguments to forge ahead on its case against crypto mixer Tornado Cash and developer Roman Storm show a “disdain for privacy” and include a few “egregious statements,” says DeFi Education Fund legal chief Amanda Tuminelli. The Department of Justice on April 26 opposed Storm’s motion to dismiss conspiracy and money laundering charges which Tuminelli…

    Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
    29 Apr 2024
    142 Views

    A single Bitcoin miner has defied the odds by solving a Bitcoin block alone, netting them the full 3.125 Bitcoin block reward. On April 28, software engineer and administrator from the solo mining pool ckpool, Con Kolivas, posted to X that a miner had solved the 282nd solo block in Bitcoin’s history. He added that the solo…

    Crypto trader sees best ‘altseason’ since 2017 as Bitcoin price cools
    29 Apr 2024
    214 Views

    Bitcoin bounced past $64,000 ahead of the April 28 weekly close as altcoins sought a recovery. Altcoins set for boost on waning Tether dominance Data from Cointelegraph Markets Pro and TradingView tracked stronger BTC price momentum over the weekend. After putting in weekly lows of $62,400, BTC/USD reversed and managed to maintain higher ground, circling $63,500 at the time of…