Author: Crypto Insider

Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges. The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 report. Chinese…

Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to Ocean’s Bitcoin mining pool in an effort to strengthen the network’s decentralization. “Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether’s CEO Paolo Ardoino said in an April 15…

Escalating trade wars are rattling cryptocurrency markets — but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph. On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures. Trump later paused the tariff rollout for certain countries — but…

Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April…

The price of the Mantra $0.7192 token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours. On April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap. Some traders characterized the token…

Ethereum co-founder Vitalik Buterin argues it’s Ethereum’s application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most. The app layer is where developers build decentralized applications on top of Ethereum’s base infrastructure and where they make decisions about how these programs operate. In an April 12 post on the social media platform Warpcast,…