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CZ receives fake ‘Grok’ coins amid new wave of Elon Musk scam tokens

Scammers are once again capitalizing on the popularity of Elon Musk’s artificial intelligence chatbot Grok, with fake tokens once again emerging as part of potential phishing attacks. A wallet linked to former Binance CEO Changpeng “CZ” Zhao received 90 million fake Grok (GROK) tokens on April 21, according to blockchain security firm PeckShield. The tokens … Read more

Circle, BitGo about to apply for bank charter, others may follow: WSJ

Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and other firms are considering applying for some form of banking license. Other firms cited include the publicly … Read more

Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, has added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy acquired 6,556 Bitcoin for $555.8 million in the period from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest … Read more

Pavel Durov says Telegram would exit markets before betraying users

Telegram CEO Pavel Durov has expressed concerns over the growing threat to private messaging in France and other European Union countries, warning that Telegram would rather exit certain markets than implement encryption backdoors that undermine user privacy. In an April 21 post to his “Du Rove’s channel” on Telegram, he posted an alarming message about the EU’s … Read more

Crypto casino revenue hit $81B in 2024 despite global restrictions

Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue … Read more

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures … Read more

Ethereum Foundation shifts focus to user experience, layer-1 scaling

The Ethereum Foundation, the nonprofit organization developing the Ethereum ecosystem, is shifting its focus to user experience and layer-1 scaling challenges following its recent leadership reshuffle.  On April 21, the Ethereum Foundation co-executive director Tomasz Stańczak shared an X post detailing how the organization has changed since its change in leadership structures. Stańczak said the … Read more

Crypto adoption will be driven by high-growth markets, with or without the US

Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit … Read more

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