Day

April 23, 2025

Here’s how HEX’s Richard Heart beat SEC fraud charges

April 23, 20250
Richard Heart, the controversial founder of HEX, is claiming total victory over the US SEC after years of court battles.On April 21, the SEC said that it would not amend and refile its fraud case against the former child actor and crypto evangelist. A court had dismissed the SEC’s fraud charges against Heart on Feb....

PayPal to offer 3.7% yield on stablecoin balances: Report

April 23, 20250
Payments behemoth PayPal plans to offer a 3.7% yield on balances held in its PayPal USD stablecoin.According to an April 23 Bloomberg report, a PayPal representative said that the measure aims to encourage more usage of the firm’s stablecoin. The program is expected to launch this summer, and the rewards will also be paid out...

Symbiotic raises $29M for staking-based universal coordination layer

April 23, 20250
Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security.The round included more than 100 angel investors, with participation from major industry players including Aave, Polygon and StarkWare, the...

Ubisoft taps Immutable to launch Web3 card game ‘Might & Magic: Fates’

April 23, 20250
Gaming giant Ubisoft has partnered with Web3 firm Immutable to launch Might & Magic: Fates, a blockchain-powered strategy card game set in the Might & Magic universe.According to a news release shared with Cointelegraph, Might & Magic: Fates blends classic strategic gameplay with modern blockchain technology, offering players digital ownership through Immutable’s Web3 infrastructure.The game...

Coinbase to hire 130+ staff as it expands into Charlotte’s fintech hub

April 23, 20250
Crypto exchange giant Coinbase is set to expand its footprint by hiring over 130 employees in Charlotte, North Carolina, as part of a broader push to tap into emerging fintech talent pools across the US, a company spokesperson confirmed to Cointelegraph.“Coinbase is making a new investment in Charlotte with a new physical office and an...

New SEC chair ‘will be good for Bitcoin’ — Michael Saylor

April 23, 20250
Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for newly appointed US Securities and Exchange Commission (SEC) Chair Paul Atkins.In an April 23 X post, Saylor wrote that “SEC Chairman Paul Atkins will be good for Bitcoin.” The statement follows Atkins’ swearing-in as the 34th chairman of the SEC on...

Bitcoin enters top 5 world's largest assets, surpassing Google, Silver, Amazon

April 23, 20250
Bitcoin (BTC) has officially overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization.As of April 23, Bitcoin’s market cap had surged to $1.87 trillion, edging past Alphabet’s $1.859 trillion valuation, according to asset ranking data. BTC is now only behind gold, Apple, Microsoft, and Nvidia.Top assets by market cap. Source:...

Crypto drainers now sold as easy-to-use malware at IT industry fairs

April 23, 20250
Crypto drainers, malware designed to steal cryptocurrency, have become easier to access as the ecosystem evolves into a software-as-a-service (SaaS) business model.In an April 22 report, crypto forensics and compliance firm AMLBot revealed that many drainer operations have transitioned to a SaaS model known as drainer-as-a-service (DaaS). The report revealed that malware spreaders can rent...

Bitcoin ETFs log $912M inflows in ‘dramatic’ investor sentiment boost

April 23, 20250
Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns about global trade tariff escalations.US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan....

$635M liquidated in 24H as trader predicts $100K Bitcoin short squeeze

April 23, 20250
Crypto markets have faced a wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. Most of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders.Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC...
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