News Explorer — Bitcoin and Ethereum Cool Following Early Surge, US-China Truce

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May 12, 4:11 pm

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Bitcoin and Ethereum Cool Following Early Surge, US-China Truce

Bitcoin and major altcoins initially surged on Monday but later dipped as the U.S. and China announced a reduction in tariffs, impacting investor sentiment. The easing of trade tensions led to Bitcoin briefly hitting $105,500, a response to the tariff truce between the two countries.

Bitcoin and major altcoins initially surged on Monday but later dipped as the U.S. and China announced a reduction in tariffs, impacting investor sentiment. The easing of trade tensions led to Bitcoin briefly hitting $105,500, a response to the tariff truce between the two countries.

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Apr 3, 12:12 pm

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Cambodia's New Law Targets Online Scams Involving Crypto, Introducing Harsh Penalties

Cambodia has passed a draft law imposing severe penalties on online scam operations involving crypto, aiming to eradicat... Read Summary

Apr 3, 11:35 am

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Algorand Hits 2-Month High After Google Recognizes Quantum Readiness

Algorand's recent rally, driven by a Google research paper praising its post-quantum protocols, saw a 44% increase in th... Read Summary

Apr 2, 11:00 pm

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Naoris Protocol Blockchain Is Ready for the Quantum Computing Threat

The blockchain industry is racing against time to prepare for the quantum apocalypse, with networks like Naoris Protocol... Read Summary

Apr 2, 9:04 pm

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Circle Introduces CirBTC, a Wrapped Bitcoin Token Backed 1:1 by On-Chain Reserves

Circle plans to introduce a new wrapped Bitcoin token, cirBTC, backed 1:1 by on-chain Bitcoin reserves. The token aims t... Read Summary

Apr 2, 7:21 pm

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Elon Musk's X Is Implementing Auto-Locking and Verification to Combat Crypto Scams

Changes are being made on Elon Musk's social media platform, X, to combat crypto scams, including auto-locking and verif... Read Summary

Apr 2, 7:04 pm

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Concerns Arise Over Drift Protocol's Design, Centralization Risks in the Wake of $285 Million Exploit

Drift Protocol's $285 million exploit has raised concerns about its design features and procedures, following a sophisti... Read Summary

Apr 2, 5:44 pm

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x402 Foundation Led by the Linux Foundation Will Govern Coinbase-Backed AI Agent Payments Protocol

The x402 Foundation, overseen by the Linux Foundation, will manage the development of a new internet payments standard,... Read Summary

Apr 2, 4:31 pm

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Quantum Computing Might Threaten Bitcoin, But It's a Boost for Newly Launched Quip Network

Postquant Labs, in partnership with D-Wave Systems, has introduced Quip Network, a quantum-classical blockchain testnet... Read Summary

Apr 2, 4:20 pm

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Coinbase Secures Conditional National Trust Bank Charter Approval

Coinbase announced plans to refine services after receiving conditional approval for a national trust bank charter from... Read Summary

Apr 2, 4:04 pm

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Ethereum Founder Vitalik Buterin Implements Strict Security Measures for His AI Setup—Here's How

Vitalik Buterin detailed his private and secure AI setup, running it on local hardware to prevent unauthorized actions.... Read Summary

Apr 2, 3:57 pm

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Viral Hoax Falsely Claims Death of 193-Year-Old Tortoise Jonathan

A hoax about the death of Jonathan, a nearly 200-year-old tortoise, went viral on April Fool's Day, causing confusion an... Read Summary

Apr 2, 2:59 pm

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Former FTX Engineering Head Nishad Singh Ordered to Pay $3.7 Million for Misappropriated Assets

The CFTC has finalized a disgorgement order against former FTX engineering head Nishad Singh, requiring him to pay $3.7... Read Summary

Apr 2, 2:39 pm

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Feds Recover $600K in Crypto After Ledger Wallet Owners Targeted in Phishing Scam

Over $600,000 in cryptocurrency was recovered and forfeited by the U.S. Attorney's Office for the District of Connecticu... Read Summary

Apr 2, 1:57 pm

Coindesk

How Bitcoin and Ethereum Have Been Rocked By Iran War Chaos: Grayscale

Geopolitical tensions in the Middle East have impacted the crypto market, causing volatility and uncertainty. The confli... Read Summary

Apr 2, 12:08 pm

DL News

Criminals in South Korea Demand Crypto for Revenge Attacks

An expert suggests that criminals find USDT difficult to trace, leading to demands for payment in the stablecoin for rev... Read Summary