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Crypto VC Funding Plunges to $659M in April, Hits 2024 Lows

Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies.Crypto VC funding fell to $659 million across 63 funding rounds in April, down 74% from…
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Startale Group Embeds Privacy Boost, Enables Sub-500ms Shielded Asset Transfers

Key Takeaways: Startale Group chooses Sunnyside Labs to bring native privacy to its consumer-facing app. Privacy Boost delivers 1,800+ transactions per second on Soneium to solve blockchain transparency issues. Startale will expand private…
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‘Go Time’ For Crypto Bill

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar…
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DeFi’s Lose-Lose Problem on Freezing Stolen Funds

Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back.A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some…
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Analyst Calls it a Buy Setup

Capital that would have stayed in crypto is rotating into AI, which may thin the competition for those who remain. Crypto analyst and trader Flood made a candid post…
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Shinhan Card Partners with Solana for Stablecoin Payments, DeFi Infrastructure

One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced…
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Crypto Hacks Hit $630M In April as DeFi Dominates Losses

The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year.According to DeFiLlama, the total value hacked in April so far amounted to $629.7…
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Bitcoin Price Action Favors Bears But Profit Taking Overwhelms Each Rally

Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull's goal of turning the $77,000 to $80,000 zone into support. Orderbook data from TRDR shows over $130 million in asks extending from…
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KuCoin EU Hires AML Chief After Austria MiCA Business Ban

Update (April 29, 17:15 UTC): This article has been updated to include comments from KuCoin EU's AML officer Carmen Kleinhans and managing director Sabina Liu.KuCoin EU has appointed a new Anti-Money Laundering (AML) chief and expanded its…
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DeFi Exploits Push Builders to Rethink Emergency Controls

Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit breakers and other emergency controls are now necessary to protect users from exploits.The Flying Tulip founder told…
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