Day

April 19, 2025

Base creator Jesse Pollak admits ‘Base is for pimping’ art was a mistake

April 19, 20250
The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.”Several social media users found the artwork offensive and inappropriate.“It was a single phrase among many, but I’ll own this was a mistake and apologize,” Pollak said in...

Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano

April 19, 20250
Crypto entrepreneur Anthony Pompliano says that US President Donald Trump shouldn’t follow through on his recent threat to fire the head of the US Federal Reserve, saying it would set a dangerous precedent — especially considering the true motive behind it.“I do not believe that the President of the United States should come in and...

Buying Bitcoin vs gold: Which is easier for investors to purchase?

April 19, 20250
As gold prices break new highs, many Bitcoiners are seeking ways to obtain exposure to the precious metal, but have been met with hurdles along the way.Although physical gold is accessible in the form of jewelry, gold bars and coins, many industry executives are concerned about aspects like its quality, liquidity when selling, and buying...

Quantum computers likely to reveal if Satoshi is alive — Adam Back

April 19, 20250
Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure may reveal whether the blockchain’s pseudonymous creator is alive.During an interview after a Q&A session at the “Satoshi Spritz” event in Turin on April 18, Back suggested that quantum computing may force Nakamoto to move their Bitcoin...

Standardization is essential to enable crypto adoption

April 19, 20250
Opinion by: Axel Schorn and Dr. Duc AuTraditional stocks, bonds and commodities markets have long benefited from well-established standards governing the flow of information and data. These standards underpin the seamless functioning of trading, settlement and regulatory compliance, ensuring all participants can rely on the same consistent frameworks.As the financial industry moves into decentralized finance...

South Korean crypto emerges from failed coup into crackdown season

April 19, 20250
South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up.The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December.In the aftermath, authorities spent the first quarter drawing lines in the sand as...

Oregon targets Coinbase after SEC drops its federal lawsuit

April 19, 20250
Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state, after the United States Securities and Exchange Commission’s (SEC) dropped its federal case against the exchange. According to Coinbase’s chief legal officer, Paul Grewal, the lawsuit is an exact...

Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?

April 19, 20250
Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supplyBitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according to...

Analysts brace for Bitcoin slide on gloomy US manufacturing data

April 19, 20250
Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts.On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020. The data...

Mantra exposes crypto liquidity problems, and Coinbase is bearish: Finance Redefined

April 19, 20250
Crypto investor sentiment took another significant hit this week after Mantra’s OM token collapsed by over 90% within hours on Sunday, April 13, triggering knee-jerk comparisons to previous black swan events such as the Terra-Luna collapse.Elsewhere, Coinbase’s report for institutional investors added to concerns by highlighting that cryptocurrencies may be in a bear market until...
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