Category Archives: Blockchain

Bitcoin Poised to Enter ‘Up Only Mode,’ Says Arthur Hayes

Bitcoin Poised to Enter ‘Up Only Mode,’ Says Arthur Hayes

Arthur Hayes, co-founder and former CEO of BitMEX, has reignited bullish sentiment in the crypto market by suggesting that Bitcoin may be entering what he calls “up only mode.” His remarks, posted on April 11 via X, come as Bitcoin rallied above $83,000 amid mixed signals from traditional financial markets. While equities were volatile and […]

Grayscale Updates Crypto Watchlist, Shows Strongest Bullish Sentiment on Maple, Geodnet, and Story

Grayscale Updates Crypto Watchlist, Shows Strongest Bullish Sentiment on Maple, Geodnet, and Story

Grayscale’s recent update to its crypto asset consideration list reveals a focused interest in real-world use cases and practical applications of blockchain technology, with a strong tilt toward projects that extend beyond pure financial speculation. In its April 10 disclosure, the asset management giant pointed to Maple (SYRUP), Geodnet (GEOD), and Story Protocol as its […]

Stellar Price Rebounds as DeFi Growth and User Activity Surge

Stellar Price Rebounds as DeFi Growth and User Activity Surge

Stellar (XLM) is currently showing significant signs of strength, both in terms of its decentralized finance (DeFi) growth and its technical indicators. On April 11, the network saw the stablecoin market cap surpass $300 million, reaching an all-time high of $3.6 million. Along with this milestone, the number of active addresses on the Stellar network […]

Morpho Labs Hack Thwarted as White Hat Recovers $2.6M After Frontend Exploit

Morpho Labs Hack Thwarted as White Hat Recovers $2.6M After Frontend Exploit

The recent incident involving Morpho Labs underscores both the persistent vulnerabilities in DeFi applications and the critical role white hat actors continue to play in protecting user funds. On April 10, Morpho Labs pushed a frontend update to its Morpho Blue DeFi platform intended to enhance transaction flows. However, the update inadvertently introduced a vulnerability—one […]

North Carolina Proposes Bill to Permit Crypto Payments for Taxes

North Carolina Proposes Bill to Permit Crypto Payments for Taxes

North Carolina is taking a significant step toward embracing digital assets, with a newly introduced bill that could pave the way for crypto to be used in official economic transactions, including paying state taxes. House Bill 920, introduced by State Representative Neal Jackson, proposes the “North Carolina Digital Asset Freedom Act,” marking one of the […]

Balancer v3 Launches on Avalanche, Enhancing Liquidity and DeFi Flexibility

Balancer v3 Launches on Avalanche, Enhancing Liquidity and DeFi Flexibility

Balancer’s launch of its v3 protocol on Avalanche marks a major step forward for both platforms, strengthening the interoperability and liquidity potential within decentralized finance. This deployment opens up more advanced trading and yield strategies for users and developers while enhancing Avalanche’s growing reputation as a go-to ecosystem for institutional-grade DeFi and tokenized real-world assets. […]

Vitalik Buterin Addresses Security Concerns Surrounding Upcoming Pectra Upgrade

Vitalik Buterin Addresses Security Concerns Surrounding Upcoming Pectra Upgrade

Vitalik Buterin has addressed emerging concerns from the Ethereum community over potential security vulnerabilities tied to the newly proposed EIP-7702, a key feature of the upcoming Pectra upgrade. His comments come as Ethereum developers and users debate the risks and benefits of temporarily turning regular wallet accounts (Externally Owned Accounts or EOAs) into smart contract-capable […]

Ethereum Falls Back Into 2022 Range — Is Multi-Year Consolidation on the Horizon?

Ethereum Falls Back Into 2022 Range — Is Multi-Year Consolidation on the Horizon

Ethereum’s recent price action has thrown it back into a familiar and frustrating place: the same range it traded in for most of 2022 and 2023. That range, spanning roughly between $1,000 and $2,000, acted as a cage for ETH for nearly two years before it finally broke out. Now that breakout looks increasingly like […]

Airdrops Deserve ‘Safe Harbor’ from Regulation, Says a16z Crypto Policy Chief

Airdrops Deserve ‘Safe Harbor’ from Regulation, Says a16z Crypto Policy Chief

Miles Jennings, the head of policy and general counsel at venture capital firm a16z crypto, has made a compelling case for regulatory reform surrounding crypto airdrops—urging policymakers to establish a “safe harbor” that would allow airdrops to be conducted legally, fairly, and more frequently in the United States. His statement, published in an April 10 […]

Amazon Rolls Out Cheaper AI with Custom Chips Amid Strong Demand

Amazon Rolls Out Cheaper AI with Custom Chips Amid Strong Demand

Amazon is taking a clear stance in the artificial intelligence arms race: make AI cheaper, and more people will use it. CEO Andy Jassy made that vision loud and clear in a recent interview, explaining that Amazon Web Services (AWS) is doubling down on building AI infrastructure—specifically by developing its own custom chips—to bring down […]