Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has taken a heavy hit amid a wider market downturn — dropping more than 20% in just days, and triggering concern across both retail and institutional investors. The question now on everyone’s mind: is this just a healthy correction, or a sign of deeper trouble ahead? The Crash: What Just Happened? …
Tech
April, 2025
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17 April
Russian Authorities Draft Crypto Crime Clauses in Legal Crackdown
In a significant escalation of its regulatory stance on digital assets, the Russian government is preparing to amend its criminal code to include specific provisions targeting crypto-related crimes. The move signals a tightening legal environment for both individuals and businesses engaging with cryptocurrencies in the country — and could mark a turning point in Russia’s approach to digital asset regulation. …
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17 April
Institutional Backing Tested as $ONDO Nosedives in Market Meltdown
The crypto markets are bleeding, and $ONDO is no exception. In the latest wave of altcoin carnage, the token behind Ondo Finance has plummeted by over 60%, raising eyebrows across the industry — particularly among its high-profile institutional backers. From Rising Star to Freefall $ONDO had been riding high in recent months, buoyed by a growing narrative around tokenized real-world …
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17 April
Lisk Goes Big in Asia: New Telco Deal Targets Ethereum Mass Adoption
In a bold move to bridge the gap between blockchain and daily life, Lisk has announced a strategic partnership with a major Asian telecommunications provider, unlocking access to a staggering 160 million users. The goal? To bring Ethereum-compatible decentralized applications (dApps) directly into the hands of everyday mobile users — no crypto knowledge required. The Partnership While the telco partner …
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17 April
Hackers Can Steal Bitcoin Keys via ESP32 Bug in Popular Wallets
A newly discovered vulnerability in the widely used ESP32 microcontroller chip has raised serious concerns in the cryptocurrency community. Researchers have found that attackers can exploit this flaw to extract private keys from popular hardware Bitcoin wallets built on ESP32, potentially leading to unauthorized access and theft of funds. The Flaw The ESP32 chip, developed by Espressif Systems, is popular …
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16 April
Tether Backs Fizen in Bold Move to Boost Stablecoin Adoption
In a strategic push to advance the real-world utility of stablecoins, Tether, the company behind the world’s leading stablecoin USDT, has announced a significant investment in Fizen, a rising fintech platform focused on crypto payments and Web3 commerce. The partnership underscores Tether’s continued commitment to driving mainstream adoption of stablecoins through innovative technology and infrastructure development. By backing Fizen, Tether …
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16 April
CyberKongz Investigation Closed: SEC Finds No Issues in NFT Gaming Project
In a major development for the NFT gaming sector, the CyberKongz NFT project has been cleared of any wrongdoing after a thorough investigation by the U.S. Securities and Exchange Commission (SEC). The SEC recently concluded its probe into the project, confirming that there were no violations of securities laws, signaling a victory for the rapidly growing world of NFT gaming. …
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16 April
Seized Crypto in China: The Government’s Next Move Sparks Debate
In a new twist in China’s ongoing battle with cryptocurrency, the government finds itself at a crossroads over how to handle a massive stash of digital assets seized during a series of recent crackdowns on illegal crypto activities. With billions of dollars in crypto under its control, Beijing is now grappling with a pressing question: What should be done with …
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16 April
Phishing Scam Lands British Man in Jail for Over 8 Years After Airport Bust
A British man has been sentenced to over eight years in prison after being arrested at an airport for his involvement in a large-scale phishing scam that targeted thousands of individuals. The arrest, which took place at Heathrow Airport, marked the dramatic end of a criminal operation that defrauded victims of hundreds of thousands of pounds. The Phishing Scam: How …
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16 April
Pudgy Penguins Make Waves with New PENGU Validator on Solana
In an exciting new development for the Solana ecosystem, Pudgy Penguins — the popular NFT collection known for its lovable penguin avatars — has teamed up with SOL Strategies to launch the PENGU Validator on the Solana network. This strategic partnership marks a significant milestone for both the NFT community and Solana’s growing validator ecosystem. A Unique Blend of NFTs …