Category: Altcoin News

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Google Cloud’s Web3 Portal Launch Triggers Mixed Reactions in Crypto Community

Google Cloud has unveiled its Web3 portal, which offers resources for blockchain developers that include datasets and tutorials on creating non-fungible tokens (NFTs).  However, the reception within the cryptocurrency industry has been met with mixed opinions. Some members of the crypto community expressed disappointment with the portal’s lack of native support for Bitcoin and Lightning Network.  “No native Bitcoin and lightning support? Seems like…
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DOJ Counters Tornado Cash Developer Roman Storm’s Defense, Asserting Money Transmitting Operations

The US Department of Justice (DOJ) has rejected Tornado Cash developer Roman Storm’s motion to dismiss criminal charges, arguing that the defense’s filing presented disputed facts that should be weighed by a jury rather than being resolved in an early-stage motion.  Storm, along with fellow developer Roman Semenov, was charged by the DOJ with conspiracy to commit money laundering, conspiracy to operate an unlicensed…
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DTCC Declares No Collateral Value for Bitcoin-Linked ETFs, Impacting Loan Extensions

The Depository Trust and Clearing Corporation (DTCC) has announced that it will not assign any collateral value to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies.  Additionally, the DTCC, a prominent financial services company specializing in clearing and settlement services, will not extend loans against these assets, according to a Friday announcement.  The decision will…
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Data Indicates Stablecoins Are Becoming A Global Asset Class

Stablecoin adoption is increasing rapidly. Data from research firm rwa.xyz shows the number of addresses holding both dollar and crypto-pegged stablecoins has increased by 15% in 2024, which is the highest to date.  New research from blockchain analysis firm Chainalysis further found the growing prominence of stablecoins in overall on-chain transaction activity. Chainalysis’ “Crypto Spring…
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Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains

Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break. The company is starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains, according to a report from TechCrunch.  The news of Stripe’s reentry into crypto payments was unveiled by the company’s co-founder and president, John Collison, at the Connect developer conference…
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Armenian Officials Trained on Essential Techniques and Tools for Effective Crypto-Crime Investigations

A group of Armenian officials from various law enforcement agencies have been trained on crypto-asset investigations to combat crypto-related crimes. The training was conducted by the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA), in collaboration with the United Nations Office on Drugs and Crime (UNODC), the OSCE said in a Friday press…
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Andreessen Horowitz CTO Compares Meme Coins to ‘Risky Casinos’ – Here’s What You Need to Know

Andreessen Horowitz CTO Eddy Lazzarin likened meme coins to ‘Risky Casinos’ on April 25, arguing that they deterred genuine builders from the crypto ecosystem due to the high risk involved. Lazzarin posted to X, stating that meme coins hinder the long-term vision of cryptocurrency, which has kept many of the original builders in the space.…
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Legal Pad with ‘Buy Bitcoin’ Note Shown Behind Janet Yellen Fetches $1 Million in Auction

A yellow legal pad with the words “Buy Bitcoin” written on it, famously displayed behind former United States Federal Reserve Chair Janet Yellen during a congressional hearing in 2017, has been sold at an auction for over $1 million, equivalent to 16 Bitcoin. The auction took place on the Bitcoin auction platform Scarce City and concluded on…
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39% of Institutional Investors in Canada Had Crypto Exposure in 2023: KPMG

Nearly four in ten Canada-based institutional investors had exposure to crypto assets in 2023, KPMG survey finds. This marks a significant recovery from the 2022 market slump. The KPMG in Canada and CAASA survey highlighted that 39% of (or nearly 4 in 10) Canadian institutional reported having direct or indirect exposure to crypto assets in…
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Top Crypto Gainers Today on DEXTools – ELON, BOYSCLUB, VITALIK

On a bearish day in the blue-chip crypto markets that saw Bitcoin (BTC) dip 3% back towards $64,000 and Ether (ETH) dip 2% to the mid-$3,100s, traders are flocking to the on-chain markets as they hunt for top crypto gainers today that might deliver fast profits. Traders hunting for top crypto gainers today have to…
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