'I dropped the EigenLayer advisorship' — ETH Foundation's Justin Drake
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.
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Central Bank of Nigeria bans banks from servicing crypto exchanges
Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges. 4121 Total views 21 Total shares The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country.The prohibition was contained in a circular issued by the CBN on Friday.…

AI may already use more power than Bitcoin — and it threatens Bitcoin mining
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity.

Mark Zuckerberg says he ‘regrets’ bowing to COVID-19 censorship pressure
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.

Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved. 67 Total views 14 Total shares An investigation reportedly launched by the Securities and Exchange Commission (SEC) into Coinbase’s alleged trading of unregistered securities could have a “serious and chilling…

WazirX hacker moves $6M in crypto to Tornado Cash
A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time.

Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high
Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. 3397 Total views 4 Total shares Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models.As noted by Philip Swift, co-founder of trading suite Decentrader on…

DeFi token AAVE eyes 40% rally in May but ‘bull trap’ risks remain
A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests.AAVE price rebounds from key supportDubbed a "rising wedge," the pattern appears when the price rises inside a range defined by two ascending, contracting trendlines. It typically resolves…

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.