High Bitcoin fees push active addresses down to 3-year low

On April 20, the day of the Bitcoin halving, total transaction fees paid to miners jumped to 1,257.71 BTC, the highest since December 2017. The high amounts starkly contrasted with fees from... Read more »

Bitcoin Runes made up 57.7% of transactions on halving day

Launched on the day of the Bitcoin halving, Runes are a form of data embedded directly into Bitcoin transactions. Unlike simple financial transfers, Runes encapsulate additional information within these transactions.  Bitcoin Runes... Read more »

Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip. The company is now finalizing a full tape out... 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 »

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 »

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 »

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 »

AI and blockchain: A match made in heaven or hell

The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. From AI Models on Bitcoin to AI training data on a layer 2 blockchain, coins linked to AI crypto... Read more »

FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, under a proposed settlement, Bankman-Fried would cooperate... Read more »

Hong Kong-based HashKey to cease Binance-related transactions amid policy change

Crypto exchange HashKey said it would end support for Binance-related transactions next month. In an April 19 statement, the Hong Kong-based crypto trading platform stated that it would restrict deposits from Binance... Read more »
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