Tether’s USDT stablecoin goes live on TON blockchain

    Stablecoin operator Tether is strengthening ties with Telegram’s Web3 ecosystem by launching its U.S. dollar-pegged USDT stablecoin on The Open Network (TON). Tether made the announcement on April 19, also revealing it would launch the gold-pegged Tether Gold (XAUT) stablecoin on TON as well. The announcement came in conjunction with Tether CEO Paolo Ardoino’s and Telegram founder Pavel Durov’s…

    Here’s how crypto game Notcoin onboarded over 30M users — founder

    The viral clicker game Notcoin “just solved the issue” of bringing Telegram users into crypto, according to Sasha Plotvinov, founder of Open Builders, the team behind the game. In January, the crypto game broke records by having 20 million sign-ups within 26 days of its release. Compared to another popular blockchain-based game called Axie Infinity, which…

    Bitcoin halving 2024 — Done and dusted!

    Bitcoin has successfully gone through its fourth-ever halving event after posting its 840,000th block, the point at which mining rewards are slashed in half once again. The event has the crypto community eagerly awaiting what’s next for Bitcoin’s price, with some predictions reaching as high as $250,000. At the time of publication, Bitcoin’s price is $63,960,…

    Tether announces restructuring to go beyond stablecoins

    Tether — the operator of the eponymous Tether stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond stablecoin development. The stablecoin giant has launched a new framework introducing four new business divisions, including Tether Data, Tether Finance, Tether Power and Tether Edu, according to an official announcement on April 18. With…

    Ethereum on track for $1B annual profit as DeFi drives Q1 revenue

    Blockchain network Ethereum is on the path to $1 billion in annualized profits after it netted income of $365 million in Q1, coming alongside a year-on-year quarterly revenue growth of 155%. The network’s 2024 first-quarter income is a nearly 200% bump from the $123 million profit in Q4 2023, according to an April 17 report from The…

    Binance gets Dubai crypto license following CZ’s departure: Report

    Binance, the world’s largest cryptocurrency exchange, received a long-awaited regulatory license in Dubai. Binance received its Virtual Asset Service Provider (VASP) license after co-founder Changpeng Zhao gave up his voting power in the exchange’s local entity, unnamed people familiar with the matter told Bloomberg on April 18. The Virtual Assets Regulatory Authority’s (VARA) final requirement for granting…

    Solana price takes another tumble — Can SOL hold above $130?

    Solana’s native token SOL experienced a significant 21% decline over the past week, reaching its lowest point in nearly six weeks. This downturn triggered a substantial $113 million in liquidations of leveraged long SOL futures contracts since April 11, suggesting that investors may have been overly optimistic following SOL’s 61% price surge in March. This raises…

    The next ICO boom is coming — and it will be better than 2018

    The ICO boom of 2018 was an absolute disaster. It was a Wild West that saw venture capital (VC) funds throwing money at the wall to see what stuck with little regard for due diligence. More than $7 billion was funneled into ICOs in 2018, often based on little more than a drunken conversation at…

    Bitcoin halving searches on Google is at its highest point ever

    The level of interest in the ‘Bitcoin halving’ on Google has soared to its highest point of all time, with predicted data pegging it at more than double that of the last halving in 2020. Search interest for the term ‘Bitcoin halving’ has already reached a score of 45, according to Google Trends data — with Google…

    ‘Bitcoin will reach over $1M’ — Animoca founder at WebSummit Rio

    Yat Siu, the founder of Animoca Brands, spoke at WebSummit Rio on April 16 on a panel titled “Bitcoin’s Revenge: Is Web3 Making a Comeback?” At the panel, Siu said he has no doubt that Bitcoin will reach $1 million: “I do believe that Bitcoin could reach over a million dollars-plus over time. But, I believe,…