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Uncategorized – Page 891 – DIGIT INFO

Astar reduces base staking rewards to curb inflation pressure

Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem.  On April 18, Astar Network announced that it has reduced the blockchain’s base staking rewards from 25% to 10% to curb token inflation.  The company said the change promotes a more stable annual percentage rate (APR) for users as … Read more

Bitcoin price volatility ‘imminent’ as speculators move 170K BTC — CryptoQuant

Bitcoin (BTC) speculators could spark “significant” BTC price volatility as a large tranche of coins moves onchain. In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is now due. CryptoQuant: “Volatility is coming” for BTC price Bitcoin short-term holders (STHs) are signaling that the … Read more

Spar supermarket in Switzerland starts accepting Bitcoin payments

Global grocery giant Spar has rolled out Bitcoin-based payments in Switzerland, marking another step in the growing adoption of cryptocurrency for everyday transactions. A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network. The store’s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that accept BTC … Read more

KiloEX exchange exploiter returns $5.5M days after $7.5M hack

The hacker behind the $7.5 million KiloEx exploit returned $5.5 million worth of cryptocurrency four days after the attack. Decentralized exchange (DEX) KiloEx suspended platform operations after suffering a $7.5 million exploit, Cointelegraph reported on April 15. In a surprising turn of events, the wallet address behind the exploit has returned $5.5 million worth of … Read more

Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance … Read more

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum. In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. … Read more

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68

The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70.  However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk measures are in place. “Synthetix and sUSD have weathered multiple bear markets … Read more

Media mogul hits Justin Sun with countersuit in $78M sculpture dispute

American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder’s suit a “sham” and adding claims of “unethical and/or illegal … Read more

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