Ethereum fees drop to a 5-year low as transaction volumes lull
Transaction costs on the Ethereum network have dropped to the lowest level in five years as the amount of activity on the blockchain is in a lull, according to the onchain analytics platform Santiment. Ethereum network fees are now around $0.168 per transaction and the reduction in fees coincides with fewer people sending Ether (ETH) […]
AI takes nearly 60% of global venture capital dollars in Q1: Pitchbook
Artificial intelligence startups received the lion’s share of venture capital investments across the globe in the first quarter of 2025, according to new data from Pitchbook. “Investors still have an AI FOMO [fear of missing out] problem,” the research firm said in an April 17 report, which revealed that 57.9% of global venture capital dollars […]
Coinbase distances Base from highly criticized memecoin that dumped $15M
Crypto exchange Coinbase has distanced its blockchain network Base from a memecoin it shared that saw massive backlash after the token rapidly gained, then dropped in value by millions of dollars. Base posted to X on April 16 with an image promoting the network with its marketing tagline, “Base is for everyone,” it also shared […]
ENS founder warns of Google spoof that tricks users with a fake subpoena
The founder and lead developer of Ethereum Name Service has warned his X followers of an “extremely sophisticated” phishing attack that can impersonate Google and trick users into giving out login credentials. The phishing attack exploits Google’s infrastructure to send a fake alert to users informing them that their Google data is being shared with […]
Crypto venture fund Galaxy Ventures could hit a $180M fundraise: Report
Michael Novogratz’s Galaxy Ventures Fund I LP is expected to raise around $175 million to $180 million by the end of June to build a portfolio of 30 crypto and blockchain startups. According to an April 17 Bloomberg report citing people familiar with the matter, the fund — which has had a focus on payments […]
Solana network inflows surge — Will SOL price follow?
Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to data from Debridge. Meanwhile, users on […]
4 things that could turn crypto prices around in Q2 after the ‘best worst quarter’
Despite recent major developments in the crypto industry, the market has just posted its weakest Q1 performance in years — but a crypto analyst is pointing to several catalysts that could make Q2 more promising. “Frustrating. That’s the best word to describe the past quarter,” Bitwise chief investment officer Matt Hougan said in a recent […]
Project 11 is offering 1 BTC to whoever cracks the longest Bitcoin key
Quantum computing research firm Project Eleven has launched a competition to see just how much of a threat quantum computing currently poses to Bitcoin. Launching the competition on April 16, Project Eleven said it is offering 1 Bitcoin (BTC) to whoever cracks the biggest chunk of a Bitcoin key using a quantum computer within the […]
Panama’s capital to accept crypto for taxes, municipal fees
Panama’s capital city will accept cryptocurrency payments for taxes and municipal fees, including bus tickets and permits, Panama City mayor Mayer Mizrachi announced on April 15, joining a growing list of jurisdictions globally that have voted to accept such payments. Panama City will begin accepting Bitcoin (BTC), Ether (ETH), Circle’s USDC (USDC), and Tether’s USDt […]
Stablecoins’ dominance due to limitations of US banking — Jerald David
Stablecoins rose to popularity as a result of limitations in the US financial system — particularly restricted banking hours and the lack of a non-USD trading pair, according to Jerald David, president of Arca Labs. “So we start thinking about the reason why, we start talking about the nine-to-five banking hours,” David said during a […]