Blockchain News

VC Giant A16Z Pours M into LayerZero, Sending Native Token ZRO 10% Higher

VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher

Venture capital heavyweight Andreessen Horowitz (a16z) has deepened its bet on LayerZero, committing $55m to the crosschain messaging protocol’s native token, ZRO. The fresh investment, which comes with a three-year lockup, was revealed by a16z general partner Ali Yahya in a post on X on April 17. ZRO rose as much as 10% following the […]

VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher Read More »

South Korean Regulator Extends Bithumb Inspection, Plans Coinone Probe

South Korean Regulator Extends Bithumb Inspection, Plans Coinone Probe

The South Korean Financial Intelligence Unit (FIU) has extended the period of its on-site inspection of the Bithumb crypto exchange, with a Coinone inspection set to start next week. The media outlet Daehan Kyungjae reported that FIU, which answers to the Financial Services Commission (FSC), will wrap up its investigation on April 18. The probe

South Korean Regulator Extends Bithumb Inspection, Plans Coinone Probe Read More »

SEC Sets Third Crypto Roundtable Date For April 25

SEC Sets Third Crypto Roundtable Date For April 25

Key Takeaways: The SEC will host its third crypto-focused roundtable of 2025, titled “Know Your Custodian: Key Considerations for Crypto Custody,” on April 25 at its Washington D.C. headquarters, with a focus on the complexities of cryptocurrency custody. Panelists include top legal and strategy executives from leading crypto firms like Fireblocks, Fidelity Digital Assets, Etana

SEC Sets Third Crypto Roundtable Date For April 25 Read More »

VanEck’s NODE ETF Debuts May 14—30‑Stock Crypto Infrastructure Play With Cayman Tax Twist

VanEck’s NODE ETF Debuts May 14—30‑Stock Crypto Infrastructure Play With Cayman Tax Twist

Key Takeaways: NODE selects over 30 crypto companies for diversified regulatory exposure. The ETF sidesteps SEC rules by avoiding direct crypto ownership. Employs Cayman corporate structure for 25% crypto exposure. VanEck, a leading asset management firm, has announced regulatory approval for its Onchain Economy ETF (NODE), which is scheduled to launch on May 14. The

VanEck’s NODE ETF Debuts May 14—30‑Stock Crypto Infrastructure Play With Cayman Tax Twist Read More »

MEXC Unveils M IgniteX Fund: 5-Year Web3 Talent Rush with Korea University

MEXC Unveils $30M IgniteX Fund: 5-Year Web3 Talent Rush with Korea University

Key Takeaways: The initiative kicks off with a launchpad program aimed at nurturing early-stage Web3 startups and ideas. Special emphasis will be placed on projects in areas such as decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures, the investment arm of the crypto exchange MEXC, announced the launch of a $30 million

MEXC Unveils $30M IgniteX Fund: 5-Year Web3 Talent Rush with Korea University Read More »

Indie Filmmakers Raise M in 72 Hours — How Crypto is Revolutionizing Hollywood

Indie Filmmakers Raise $2M in 72 Hours — How Crypto is Revolutionizing Hollywood

In 2023, the independent film industry made up 21.7% of the global box office, generating over $7.3 billion in revenue. Unfortunately, filmmakers have pointed out that the traditional movie industry relies heavily on a broken, centralized model. For instance, Chris Temple — a film director and the founder of Los Angeles-based production studio Optimist —

Indie Filmmakers Raise $2M in 72 Hours — How Crypto is Revolutionizing Hollywood Read More »

Russia Must Build Its Own Stablecoins, Finance Ministry Official Says

Russia Must Build Its Own Stablecoins, Finance Ministry Official Says

Russia should develop its own stablecoins, a senior finance official said on Wednesday, after USDT wallets linked to the country were frozen last month, disrupting digital transactions and raising concerns over reliance on foreign-issued tokens. Osman Kabaloev, deputy head of the Financial Policy Department at the Finance Ministry, said on Wednesday that Russia should consider

Russia Must Build Its Own Stablecoins, Finance Ministry Official Says Read More »

Market Turmoil and Tariff Pressures are Keeping New Crypto Buyers Away, Novogratz Says

Market Turmoil and Tariff Pressures are Keeping New Crypto Buyers Away, Novogratz Says

Galaxy Digital CEO Mike Novogratz believes financial markets are grappling with a profound shift, one that’s rattling investors and pushing them toward traditional safe havens like gold, even as the crypto market struggles to find its footing. Speaking to CNBC on Wednesday, Novogratz said the recent surge in tariffs took many by surprise and has

Market Turmoil and Tariff Pressures are Keeping New Crypto Buyers Away, Novogratz Says Read More »

Secret Service & Canada Target .3 M Ethereum Phishing Scam in “Operation Avalanche”

Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche”

Key Takeaways: U.S. Secret Service partnered with Canadian law enforcement and financial regulators to combat an Ethereum blockchain-based scam.” The operation targeted an approval phishing scam responsible for defrauding victims of approximately $4.3 million, by identifying compromised wallets and warning affected users. The initiative showcases how international cooperation and blockchain forensics can help disrupt transnational

Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” Read More »

OKX Relaunches in U.S. After 5M DOJ Settlement, Unveils Bold ‘Super App’ Strategy

OKX Relaunches in U.S. After $505M DOJ Settlement, Unveils Bold ‘Super App’ Strategy

Key Takeaways: OKX’s U.S. entry marks a major pivot from regulatory rebuke to redemption, transforming its recent $500M DOJ settlement into a springboard for a rebranded, regulation-aligned identity. OKX is making a symbolic and strategic play—embedding itself in the tech capital of San Jose to emphasize innovation and legitimacy. The upcoming U.S.-specific “super app” positions

OKX Relaunches in U.S. After $505M DOJ Settlement, Unveils Bold ‘Super App’ Strategy Read More »