Solana memecoin frenzy raises questions about crypto utility, reputation

The Solana blockchain is presently surpassing competitors such as Ethereum, Avalanche, and BNB Chain in terms of network usage, expansion, and acceptance. This success can be attributed to the meme coin craze that has swept through the cryptocurrency industry. During the last thirty days, memecoins in great numbers have been introduced on the Solana blockchain, … Read more

Circle enables USDC transfers for BlackRock’s first tokenized fund

USDC’s publisher, Circle, now allows transferring shares of BlackRock’s institutional digital cash fund, BUIDL, directly to its stablecoin. On April 11, Circle formally unveiled a fresh smart contract feature enabling BUIDL token owners to exchange their shares with Circle in return for USDC. With Circle’s smart contracts, you can easily swap BUIDL tokens for USDC … Read more

Bitcoin funding rates stay cool while BTC price coils beneath $71K

Bitcoin held firm above the $70,000 mark during the April 11 opening of Wall Street, despite new US economic data releasing a more optimistic outlook. Bitcoin stays higher as U.S. PPI inflation drops The prices of Bitcoin, as indicated by data from CryptoMoon Markets Pro and TradingView, displayed erratic movements, with buyers successfully defending their … Read more

Facing SEC heat, execs eye Trump as crypto’s ‘savior’

Market watchers forecast SEC’s escalated actions will drive founders offshore.  Messari’s founder claims that Trump is pro-crypto and could help the industry.  Following the US SEC’s recent warning to Uniswap (UNI), a decentralized exchange, about potential securities law violations, there’s growing unease among American cryptocurrency developers. Brian Armstrong, CEO of Coinbase, has publicly advocated for … Read more

Binance Labs shifts investment focus to Bitcoin DeFi

The venture capital branch of Binance, the leading global cryptocurrency exchange, has made public its decision to invest in BounceBit, a Bitcoin-centric staking protocol. In a recent announcement on April 11, Yi He, the co-founder of Binance and head of Binance Labs, explained how BounceBit aims to bring together the best elements of centralized finance … Read more

Hashing It Out: Are RWAs the future of crypto?

In episode X of “Hashing It Out” by CryptoMoon’s podcast, Elisha Owusu Akyaw, the host, talks with Micah Yeackley, the co-founder of Kula DAO. They discuss the potential of real-world asset (RWA) tokenization in the Web3 realm during their conversation. Micah shares insights on how this sector could impact developing markets. The episode explores other … Read more