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Cryptography News
Coindoo
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NFT Marketplace Shuts Down, Shifting Focus to Crypto AI
- X2Y2, an NFT marketplace, is shutting down on April 30 due to intense competition and a significant drop in trading activity.
- The platform experienced a 90% decline in trading activity after reaching a peak of $209 million in monthly trading volume in May 2022.
- Founder TP stated that the closure is final and announced plans to shift the focus towards a crypto AI-focused direction.
- The decision reflects TP's belief in the potential for innovation and value creation in the evolving crypto space.
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Coinjournal
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Coinbase moves to revive lawsuit against FDIC
- Cryptocurrency exchange Coinbase has filed a motion to revive its Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC). Coinbase alleges that the FDIC has been withholding critical documents related to its communication with banks about cryptocurrency activities.
- Coinbase specifically seeks records tied to 'pause letters' which instructed banks to halt crypto-related services, which the company views as a broader effort to stifle the industry.
- The lawsuit was initially paused in February 2025, but cooperation from the FDIC has been insufficient, prompting Coinbase to push forward with the lawsuit.
- The outcome of the lawsuit could set a precedent for transparency in the crypto landscape.
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NullTX
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Image Credit: NullTX
Shiba Inu Price Prediction: Can SHIB Ignite a New Rally as Burn Rate Explodes 8,000%?
- Shiba Inu (SHIB) has seen an 8,000% increase in burn rate, prompting speculation about a potential rally.
- Analysts believe SHIB could reach a target of $0.0001833 based on a cup-and-handle pattern.
- The Shiba Inu community continues to grow, with over 1.5 million members in the Shib Army.
- Another project of interest is The Last Dwarfs ($TLD), with a live platform, gamified mechanics, and low entry prices for future potential gains.
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Medium
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Image Credit: Medium
How the Internet Shakes Hands Before Letting You In – SSL Explained in details
- SSL (Secure Socket Layer) is an internet security protocol that ensures the safe and private transmission of data when you visit a website.
- SSL encrypts the information exchanged between your device and the website, making it unreadable to hackers or unauthorized individuals.
- SSL works between the Application Layer and the Transport Layer, acting as a bodyguard that prevents unwanted access to your data.
- SSL is essential for secure online activities such as shopping, logging into social media accounts, and entering banking details on websites.
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Zycrypto
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Metaplanet Issues $13 Million In Bonds For Additional Bitcoin Purchases
- Japanese Bitcoin treasury company, Metaplanet, has issued $13 million in zero-interest bonds to expand its BTC reserves.
- The bonds are allocated via the company's Evo fund, and investors can redeem them at full face value by September 30.
- Metaplanet aims to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, and currently holds 3,350 BTC.
- The strategy of aggressive Bitcoin accumulation by public companies, popularized by MicroStrategy, is gaining traction.
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Financemagnates
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Will Dogecoin Reach $10? Price Drops as Musk Shuts Down Speculation on Government Adoption
- Dogecoin's rally, driven by speculation about government adoption, took a hit as Elon Musk denied any official role for the meme coin.
- Dogecoin saw a rise after Trump's campaign, with expectations of its involvement in the Department of Government Efficiency (D.O.G.E.) initiative, but Musk confirmed no government adoption.
- Musk's influence on Dogecoin's volatility has diminished, but the token's future depends on regaining investor confidence and capitalizing on retail interest and technical signals.
- Dogecoin's price dropped by 10% in the past week, and the number of millionaire addresses decreased by over 40% since January.
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Coindoo
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Image Credit: Coindoo
Vitalik Buterin Proposes New Roadmap to Strengthen Ethereum Layer 2 Solutions
- Vitalik Buterin has proposed a new roadmap to strengthen Ethereum Layer 2 solutions.
- The roadmap introduces a multi-proving system involving optimistic, zero-knowledge, and trusted execution environments for transaction validation.
- The proposal includes the introduction of Stage 2 rollups to enhance Ethereum's scalability.
- Buterin also addresses the need for a cultural shift in crypto funding, advocating for an open-source funding model based on transparency and real-world utility.
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Zycrypto
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Astherus Rebrands to Aster, Marking Strategic Shift Toward Becoming Leading Decentralized Perpetuals Exchange
- Astherus rebrands to Aster, positioning itself as a leading decentralized perpetuals exchange.
- The new token ticker, $AST, replaces the current $APX token.
- Aster introduces Simple Mode and Pro Mode for seamless trading and plans to challenge industry leaders.
- The platform offers enhanced trading UI, new fee structure, referral program, and upcoming Rh Points Program.
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Coindoo
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Could Ethereum Reach $20,000?
- To achieve a price of $20,000, Ethereum's success relies on its real-world usage and high transaction fees.
- High transaction fees reflect the confidence and trust users have in the Ethereum network.
- Real-world growth and significant utility on the network are crucial for Ethereum to replicate Bitcoin's success.
- Ethereum needs consistent growth and investor confidence in order to reach the $20,000 price point.
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Cryptoticker
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Image Credit: Cryptoticker
BREAKING: Trump Family Makes Power Move into Bitcoin Mining
- The Trump family has officially entered the Bitcoin mining industry with a 20% stake in Hut 8 through their venture called American Bitcoin.
- Eric Trump, the third child of Donald Trump, is leading the family's expansion into the cryptocurrency mining sector.
- The Trump family's investment in Hut 8 could potentially signal increased political interest in fostering a favorable environment for domestic Bitcoin mining operations in the United States.
- Market observers are closely watching how the Trump family's involvement might reshape the Bitcoin mining sector in North America.
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Cryptopotato
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Image Credit: Cryptopotato
Important Crypto News From This Weekend That You Might Have Missed
- FTX, the once-prominent cryptocurrency exchange, plans to begin paying major creditors in 2025, with $11.4 billion in assets.
- Former BitMEX CEO Arthur Hayes, along with his co-founders, received pardons from President Trump after a legal battle over regulatory violations.
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Coindoo
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Image Credit: Coindoo
South Korea Sentences Crypto Fraudsters to Prison
- South Korea sentences three men to prison for crypto fraud.
- The men deceived victims with false promises of high returns from cryptocurrency investments.
- The ringleader was sentenced to four-and-a-half years, while his accomplices received three-and-a-half and two-and-a-half years.
- The court emphasized the need for a firm response to protect the financial system and restore trust.
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NullTX
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Image Credit: NullTX
Aptos Blockchain Sees Remarkable Growth and Development in March – Week 4 Recap
- In March, the Aptos blockchain has showcased notable growth and developments, solidifying its position in the blockchain space.
- Aptos partnered with Xangle Official for an Ideathon contest, offering participants a chance to win up to $10,000 in prizes to foster blockchain network adoption and development.
- Aptos set a significant milestone by being recognized as the fastest operational blockchain with a median block time of 0.13 seconds, highlighting its efficiency and scalability.
- Representative Bryan Steil and Aptos Labs CEO Avery Ching engaged in discussions at Chamber Digital’s Blockchain Conference, focusing on decentralized finance and the STABLE Act.
- Aptos partnered with BitGo for digital asset custody, enabling users to secure their on-chain digital assets using BitGo's renowned storage services.
- Aptos ecosystem expansion was evident, with Messari releasing an insightful report on Amnis Finance and discussions on the Move programming language tailored for the Aptos blockchain.
- Aptos reached a milestone of 70 million wallets on the network, indicating growing adoption and scalability.
- The fourth week of March was eventful for Aptos, showcasing technological advancements, adoption milestones, regulatory discussions, new partnerships, and participation in fundraising efforts.
- The continued growth of Aptos attracts interest from a wide range of users, developers, and investors, underlining its potential for further expansion in the blockchain ecosystem.
- Aptos's progress in March positions it as a key player in the blockchain industry, with a focus on technological innovation, ecosystem development, and strategic partnerships.
- Disclaimer: The summary provided does not constitute trading or investment advice; research is recommended before engaging in cryptocurrency investments.
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Bitcoinmagazine
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Image Credit: Bitcoinmagazine
Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free
- The bill is seen as a way to stimulate economic growth and reduce friction for digital asset payments.
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NullTX
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Image Credit: NullTX
Pumpfun Reaches $1.5 Billion Valuation Amid Surge in Revenue and Strategic Investment
- Pumpfun, a digital platform, has recently achieved a valuation of $1.5 billion, owing to its impressive performance in digital finance and cryptocurrency sectors in 2024 and 2025.
- Between January 2024 and March 2025, Pumpfun recorded a remarkable revenue figure of $614 million, signaling substantial growth.
- Investment firm SecondLane invested $15 million for a 1% stake in Pumpfun, indicating confidence and momentum in the company's future.
- Pumpfun's daily revenue of $2.11 million ranks it third in the sector, surpassing well-known entities like Hyperliquid, Ethereum, and Solana.
- The strategic partnership with SecondLane strengthens Pumpfun's market position and highlights its long-term growth potential.
- With a focus on innovation and excellence, Pumpfun is well-positioned to capitalize on the evolving cryptocurrency market.
- Pumpfun's robust performance, strategic investments, and innovative approach position it as a significant player in the digital finance landscape.
- The company's adaptable business model and R&D efforts signal future growth and success in the cryptocurrency space.
- Pumpfun's $1.5 billion valuation reflects its ambition to become a prominent player in digital currency, supported by its continuous growth and expansion.
- Amidst Pumpfun's advancements, it is essential for investors to conduct thorough research before engaging in cryptocurrency investments.
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