Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The internet is at a crossroads. People are continuing to express their frustration and dissatisfaction with the internet—double that of what they felt 20 years ago—as centralized platforms are facing increasing scrutiny…
Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.1 million, as per CoinGecko data. This reflects growing market activity as concerns rise. Synthetix (SNX) is a decentralized finance…
A New York assemblyman has filed a bill urging the State Board of Elections to study how blockchain technology could be utilized to protect voters’ data during U.S. elections. According to the official filing from New York State Assembly member Clyde Vanel, Assembly Bill AA7716 aims to study how the blockchain can be used to…
The MELANIA team has sold $4.2 million worth of tokens in the past 25 days. On-chain analysts predict more community tokens will be sold by the team. According to Lookonchain, the MELANIA (MELANIA) team has been adding and removing liquidity across eight different wallets. Within the past month, the team has swapped 6.72 million tokens…
Memecoins like FARTCOIN, POPCAT, and MOG saw strong gains as investors embraced a risk-on sentiment following President Donald Trump’s decision to ease up on some of his tough tariff policies, which sparked a broader market rally. According to CoinGecko, Fartcoin (FARTCOIN) shot up by 43.5%, hitting a 10-week high market cap of $731 million. Popcat…
The U.S. Securities and Exchange Commission has officially approved options trading on spot Ethereum exchange-traded funds. According to filings published on Apr. 9, the SEC approved options tied to several spot Ethereum (ETH) ETFs, including BlackRock’s iShares Ethereum Trust, Bitwise Ethereum ETF, Grayscale’s Ethereum Trust, and Ethereum Mini Trust. Options are financial instruments that allow…
The U.S. Senate has confirmed Paul Atkins as the new chairman of the Securities and Exchange Commission in a 52-44 vote held on Wednesday, Apr. 9. Following the confirmation, Atkins has been cleared to lead a regulatory agency currently undergoing major policy changes, according to Reuters. Atkins, a seasoned SEC veteran and outspoken advocate for…
Magic Eden has acquired Slingshot, a cross-chain crypto trading app that allows users to swap any token on any chain using a single USDC balance. According to an Apr. 9 press release statement, the acquisition marks a huge step for Magic Eden into broader on-chain trading, as interest in non-fungible tokens continues to decline. Slingshot’s…
Continued talks of reinstating and expanding tariffs — particularly targeting China and potentially extending to other major trade partners like Mexico and the European Union. These tariff policies, central to President Donald Trump’s “America First” agenda, aim to protect domestic industries and reduce U.S. trade deficits. But beyond American borders, such policies have the power…
Exaion, a subsidiary of French electric utility giant EDF Group, is now a validator of Etherlink, the Tezos-powered layer 2 blockchain. Exaion, which offers high-performance computing and cloud solutions for blockchains, has joined Etherlink, an Ethereum (ETH) Virtual Machine compatible L2 powered by Tezos (XTZ) smart rollups, as validator. The move follows a key milestone…
