Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks. Zhang argued in a detailed social media post on April 2, that the proposal was harmful to Ethereum’s long-term vision. He called it a “toxic” approach that prioritizes short-term revenue over lasting ecosystem …
Continue reading “Scroll co-founder argues taxing layer-2 networks is threat to Ethereum’s values”
Grayscale has launched two new Bitcoin exchange-traded funds (ETFs), expanding its crypto investment suite with products centered on income generation, according to an April 2 statement shared with CryptoSlate. The funds, Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI), are designed to turn Bitcoin’s volatility into a source of regular …
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The United States federal deficit is projected to reach $1.9 trillion in fiscal year 2025, approximately 2.4 times larger than China’s estimated 5.66 trillion yuan ($780 billion) shortfall. According to Reuters, the US Treasury recorded a $1.15 trillion deficit during the first five months of the fiscal year (Oct – Feb), marking a 38% year-over-year …
Continue reading “Bitcoin could be a lifeline to US global dominance as US debt doubles China”
VanEck is pushing to launch the first US-based spot exchange-traded fund (ETF) tracking the BNB token. On March 31, the asset manager registered a legal entity named VanEck BNB ETF with the Delaware Division of Corporations, marking the first formal move in what could become a full ETF application submitted to the US Securities and …
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BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has reached $1.92 billion in assets under management less than a month after breaking $1 billion. The explosive growth places it ahead of all but four stablecoins among tokenized RWAs, according to data from rwa.xyz. BlackRock BUIDL fund assets (Source: rwa.xyz) The fund, launched in March 2024 and …
The Chinese government is considering integrating blockchain to enhance the security of its credit information systems, according to a report from STCN. The move is part of a broader effort by the National Development and Reform Commission (NDRC) to apply emerging technologies in improving data-sharing practices and safeguarding sensitive information. Li Chunlin, Deputy Director of …
The cryptocurrency is trading higher as markets brace for President Donald Trump’s official tariff announcement on Wednesday afternoon. BTC Ticks Upward as Markets Await Trump Tariff Announcement President Donald Trump is set to announce new U.S. tariffs on the country’s global trading partners on Wednesday afternoon and bitcoin is trending upward on the news. The …
According to multiple accounts, U.S. President Donald Trump’s much-anticipated “Liberation Day” announcement is slated for 4 p.m. ET, broadcast from the White House Rose Garden. In the lead-up, financial markets have experienced pronounced fluctuations—touching equities, gold, and leading digital assets such as bitcoin. Here’s a breakdown of what has come to light so far and …
This content is provided by a sponsor. PRESS RELEASE. Dubai, UAE — April 2nd — This time next month, TOKEN2049 – the world’s largest crypto event – will bring together 15,000 attendees from over 4,000 companies and more than 160 countries in Dubai. With demand for tickets at unprecedented levels, prices will increase ahead of …
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Jetking Infotrain Limited, a Mumbai-based IT education firm, announced plans Wednesday to raise ₹6.6 crore ($793,000) through a preferential share issue to expand its bitcoin reserves and fund cryptocurrency-related initiatives, Chief Financial Officer Siddarth Bharwani confirmed. Jetking Doubles Down on Bitcoin With Preferential Share Issue for Crypto Acquisition The board-approved “Strategic Fund Raise” aims to …
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Investor Chris Burniske says the recent controversies surrounding memecoin launches have created an ideal opportunity for traditional financial (TradFi) firms to penetrate the crypto market. The venture capitalist tells his 324,400 followers on the social media platform X that TradFi firms are about to launch crypto-focused products and tokens and show the industry how to …
April 2nd, 2025 – Mombasa, Kenya DePIN Summit Africa, the premier global event for Decentralized Physical Infrastructure Networks (DePIN), is set to return in 2025, taking place on July 2nd in Mombasa, Kenya, and July 4th-5th in Zanzibar, Tanzania. The summit, organized by EV3, Share, and ThreeFold, will gather industry leaders, innovators, and policymakers to …
April 2nd, 2025 – Stuttgart, Germany Rivalz AI, developer of verifiable enterprise agentic systems, today announced a strategic partnership with 51nodes, a German consultancy focused on system integration and digital transformation. The partnership will apply Rivalz’s agent systems in real-world industrial settings, starting with German companies in manufacturing, energy, and logistics, to boost efficiency, upgrade …
The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing. Tether owns 100,521 BTC in total, meaning the firm holds …
Google threat intelligence says North Korea’s fake workers have also increased extortion attempts as they’re under pressure to maintain money streams amid a US crackdown. Fraudulent tech workers with ties to North Korea are expanding their infiltration operations to blockchain firms outside the US after increased scrutiny from authorities, with some having worked their way …
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