Day: 17 April 2025

Polygon is collaborating with Reliance Jio to integrate blockchain technology into web services, aiming to address real-world challenges for over 450 million users. This partnership balances speed, scalability, and affordability without compromising decentralization. Speaking to Cointelegraph, Sandeep Nailwal, Polygon's co-founder, emphasized the importance of preserving the core values of blockchain ...

A massive unstaking event has rocked Babylon, a prominent Bitcoin staking protocol, leading to a staggering $1.26 billion worth of BTC being withdrawn and slashing its total value locked (TVL) by 32%. On April 17, blockchain analytics firm Lookonchain flagged four wallet addresses responsible for unstaking 14,929 BTC from Babylon. ...

The cryptocurrency market is still clinging to familiar themes, with few new narratives emerging to challenge the dominance of memecoins and artificial intelligence tokens seen in the first quarter of 2025. According to CoinGecko’s Q1 2025 report, AI tokens and memecoins captured 62.8% of investor interest combined. AI tokens led ...

In response to recent sanctions and wallet freezes linked to the crypto exchange Garantex, Russian finance officials are considering the development of a national stablecoin to safeguard the country’s financial infrastructure from foreign interference. According to reports on by Reuters and Russian state news outlet TASS, Osman Kabaloev, deputy director ...

A new phishing campaign is alarming cybersecurity experts because it exploits Google’s trusted infrastructure. Nick Johnson, founder of Ethereum Name Service (ENS), alerted users on X about the scam, which successfully bypasses standard email security measures. The attackers have created deceptive emails that resemble genuine Google alerts, even passing authentication ...

Coinbase faced backlash after its blockchain network, Base, promoted a memecoin on social media, leading to a significant drop in value. On April 16, Base shared a post on X featuring the slogan “Base is for everyone” and linked it to a corresponding token on Zora, a platform for trading ...

Ethereum users are now enjoying the lowest transaction fees seen on the network in five years as on-chain activity slows significantly ahead of the anticipated Pectra upgrade. Brian Quinlivan, the firm's marketing director, noted in a blog post that the decline in activity is due to reduced demand, with fewer ...

Bitget has executed a substantial token burn, permanently removing 130 million Bitget Tokens (BGB) from circulation. The burn, equivalent to 2.5% of the total BGB supply, aims to enhance the token's scarcity and long-term value for holders. The event occurred on April 16, 2025, and was publicly verified via blockchain ...

Bitwise Asset Management has expanded its reach into the European market by launching four new cryptocurrency Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE). This move provides increased accessibility for European investors seeking exposure to the digital asset market through regulated investment vehicles. These new ETs include the ...

Auradine, a prominent blockchain and AI infrastructure solutions provider, has successfully raised $153 million in a Series C funding round. This substantial capital injection will fuel the company's mission to develop secure and energy-efficient technologies that support the growing demands of blockchain and artificial intelligence applications. The funding round reportedly ...