Crypto

Banks and crypto firms remain divided even as White House data says a yield ban wouldn’t do much for lending.

Circle CEO Jeremy Allaire reiterated plans for its stablecoin-focused layer-1 blockchain to launch in mainnet “soon.”

Bitcoin rallied to levels not seen since early February after US PPI inflation fell well below market expectations. Bitcoin (BTC) reached monthly highs above $76,000 on Tuesday as US inflation data continued to buoy risk assets. Key points: Bitcoin upside continues as bulls target $76,000 — the highest price since early February. Read more

The announcement comes as an increasing number of companies move into prediction markets, an industry that is estimated to grow to $1 trillion by 2030

Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.

Bitcoin just hit its highest price in over two months, with Ethereum and other top coins rising faster as crypto bears get liquidated.

A Fake Ledger Live app on Apple’s store is tied to $9.5 million in crypto thefts, as ZachXBT links over 50 victims’ funds to a KuCoin-linked mixer and questions Apple’s liability. Onchain investigator ZachXBT said a fake Ledger Live app listed on Apple’s App Store was tied to about $9.5 million in crypto stolen from more than 50 suspected victims between April 7 and 13. In a Tuesday Telegram post, ZachXBT said the alleged thefts affected users across Bitcoin, Solana, Tron, XRP Ledger and Ethereum Virtual Machine (EVM)-compatible networks. He claimed the stolen funds were laundered through over 150 KuCoin deposit addresses allegedly tied to AudiA6, which he described as a centralized mixing service.  ZachXBT said the fake app was removed by Apple on April 13 and identified three seven-figure losses among the largest known cases. He said one victim lost about $1.95 million in Bitcoin (BTC), staked Ether (stETH) and Ether (ETH), another lost $3.23 million in USDt (USDT) on April 9, and a third victim lost about ...

Cantor Fitzgerald says Robinhood and Coinbase are best positioned to dominate the prediction market space by leveraging their massive retail scale and existing trading infrastructure.

Tether launches tether.wallet, a self-custodial app supporting USDT, XAUT, USAT and Bitcoin with cloud-based key backup features. Tether, the company behind the world’s largest stablecoin, USDt (USDT), has launched a self-custodial wallet called tether.wallet. Tether.wallet supports three Tether-issued assets: USDT, XAUt (XAUT) and the US-focused USAT (USAT), as well as Bitcoin (BTC), the company announced Tuesday. Tether said the wallet allows users to transact without requiring them to hold separate network or gas tokens, with fees paid directly in the asset being transferred. Read more

Iran conflict is already disrupting the hidden plumbing of global trade The market spent the first phase of the Iran conflict watching crude. That was the visible layer. Today, prices have fallen below $90 a barrel for the first time in a while and Bitcoin is soaring alongside. However, a consequential shift is still happening […] The post Oil prices fall but China trade and US inflation data weakens as Iran contagion spreads – in opportunity for Bitcoin appeared first on CryptoSlate.

The downsizing follows a financial hit after Scroll's top protocol migrated to Optimism, draining nearly $160 million in TVL and $13 million in annualized fees.

Kraken Refuses to Pay Extortionists Over Stolen User Data The post Kraken Says It Is Being Extorted Over Stolen Crypto User Data and Refuses to Pay appeared first on Cryptonews.

Foundry Captures 29% of Zcash Hashrate in One Month The post Foundry Captures 29% of Zcash Hashrate Within a Month of Pool Launch appeared first on Cryptonews.

The new product line comes from a partnership between the exchange and Doppler Finance.

During the bank's earnings call on Tuesday, JPMorgan CFO Jeremy Barnum warned that stablecoins could become a tool for regulatory arbitrage unless they are held to the same strict oversight and consumer protection standards as traditional bank deposits.

The token has flipped SHIB, HBAR, and CRO and is now the 29th-largest cryptocurrency.

Singapore is embracing real world use cases for digital assets, not retail crypto speculation, says StraitX CEO Tianwei Liu.

Aave (AAVE), up 3.6% from Monday, joined Ethereum as a top performer.

Bitcoin is trading around $74.6k, posting one of its more meaningful recovery moves in recent weeks. The market is responding to improving geopolitical sentiment surrounding the US-Iran ceasefire negotiations. The broader downtrend has not been reversed yet, but the recent push is the closest BTC has come to challenging key structural resistance since the February […]

X product chief Nikita Bier teases a crypto “fix” product as speculation grows around an X Money rollout this month, a potential Bitcoin revival and Bier’s Solana ties. X’s head of product Nikita Bier hinted on Tuesday that the platform could launch a crypto-related product, prompting speculation across the industry. The post drew attention because it came just weeks before the expected launch of X Money, a payments and digital wallet product that Elon Musk has presented as part of his plan to expand X into a broader financial platform. The post quickly drew responses across the crypto industry, prompting immediate speculation around X’s potential Bitcoin (BTC) revival, Solana-related initiatives, stablecoins as well as prediction markets. Read more