Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters

Share this article Venezuela’s state-owned oil company, Petróleos de Venezuela S.A. (PDVSA), is turning to crypto for its oil trades in response to renewed US sanctions that target the nation’s oil and... Read more »

Over 50% of pre-sold Solana memecoins abandoned within 1 month after $25 million raise

Solana memecoin pre-sales have rugged investors of over $25 million within the past month as more than 50% of the top projects were abandoned, with some never even launching a token. Solana... Read more »

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19,... Read more »

Crypto funds see $206 million in weekly outflows led by US Bitcoin ETFs: CoinShares

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the... Read more »

FTX creditors invited to bid on Solana tokens in new auction format

FTX creditors have been urged to participate in the defunct exchange’s bankruptcy estate’s planned auction of its remaining Solana token holdings. On April 20, Figure CEO Mike Cagney revealed that the next... Read more »

Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining

The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also... Read more »

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the... Read more »

Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen... Read more »

How MiCA affects your company

The following is a guest post by Mark Gofaizen, Senior Partner at Gofaizen & Sherle. As the MiCA regulation that will reshape the crypto industry approaches, crypto companies need to ensure compliance... Read more »

New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment 

A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision... Read more »
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