Author: James Wilson

Scroll co-founder Ye Zhang criticized proposals to impose fees on Ethereum rollups, arguing they would harm long-term growth for short-term revenue. Ye Zhang, co-founder of the layer-2 smart contract platform Scroll, slammed the idea of charging fees on Ethereum rollups, calling it “one of the most toxic ideas for Ethereum’s future.” In a series of posts on X, Zhang argued that this approach would sacrifice “long-term scalability and ecosystem growth for short-term revenue,” adding that measuring ETH’s (ETH) value by Ethereum’s revenue “misses the point.” 1/6 Tariffing L2s is one of the most toxic ideas for Ethereum’s future. It trades…

While Bitcoin has factored in a lot of recession concerns, analysts at Bitwise are cautioning that risks could still lie ahead. Bitcoin (BTC) as well as other altcoins have likely already priced in a lot of the U.S. recession fears, but there’s still a chance for some more downside if the recession actually happens. In a recent research report, analysts at crypto management firm Bitwise outlined that Bitcoin’s performance during past recessions has shown mixed results. For instance, during the 2020 Covid recession, Bitcoin sold off by over 50% but still ended the year up more than 300%. Probability of…

Bitcoin’s price action remains uncertain with bears and bulls in a constant battle which has led to the range bound price action. Which side will BTC breakout? Let’s find out in this BTC price prediction for April 2025. As the first and the most reputed cryptocurrency to launch till date, Bitcoin (BTC) has seen an all-time high of $108,786 in January 2025. Since then the price of BTC has seen a downward correction and is currently trading at $84,257, which is a 5.17% drop from its previous weekly high of $88,728. BTC 1d chart | Source: crypto.news In this article,…

North Korean (DPRK) IT workers are ramping up their corporate infiltration efforts into tech and crypto firms, with a focus on Europe. Since its last report in September 2024, Google Threat Intelligence Group has observed a rise in DPRK IT workers infiltrating tech and crypto firms in multiple countries across Europe. These individuals use fake identities and create multiple fake personas to secure high-paying jobs at tech and blockchain companies, often using additional fabricated personas for references. In one case, a single individual was found operating under at least 12 different personas across Europe and the U.S., targeting organizations within…

United States Senator Ted Cruz has introduced a new bill that offers tax incentives for cryptocurrency miners using flared natural gas to power mining operations. In an April 1 announcement, Cruz unveiled the Facilitating Lower Atmospheric Released Emissions Act, which he believes will make Texas the “number one place for Bitcoin mining.” The FLARE Act proposes a change to the U.S. tax code that would allow companies to permanently deduct the full cost of systems designed to capture and repurpose natural gas that would otherwise be flared or vented.  These systems, called flaring and venting mitigation systems, would qualify for…

Shady crypto mixing protocol eXch is merging with an offshore entity and restructuring to evade scrutiny over laundering tens of millions stolen from Bybit. Centralized crypto mixing protocol eXch revealed in an update on Bitcoin Talk that it plans to relocate its operations and leave its current structure in Belize as regulatory scrutiny looms over its refusal to stop North Korea-affiliated hackers from laundering millions stolen from the Bybit crypto exchange. The service announced that it would have “new shareholders and new members on the management board,” adding that this move would help “reduce risks for our founding team” while…

After a brief recovery on April 1, Bitcoin and major altcoins began dipping again ahead of Liberation Day. The market started the week on a stronger note, bouncing back as traders welcomed signs that U.S. President Trump had finally landed on a trade strategy after weeks of unpredictable tariff threats. His back-and-forth stance on major trading partners had kept investors on edge, so even a hint of clarity brought some relief. Ethereum, Dogecoin, and Solana joined Bitcoin (BTC), which rallied more than 3.3% on Tuesday, in the broader market recovery. Ethereum (ETH) climbed to around $1,917, up 4% on the…

Shiba Inu’s price has gone down nearly 5% in the past day of trading. Meanwhile, Shibarium’s total transaction volume has exceeded 1 billion for the first time in history. According to data from crypto.news, SHIB (SHIB) has gone down by 4.8% in the past 24 hours. Shiba Inu is currently trading hands at a price of $0.0000122. In the past few days the token has been in a downward slump. The Ethereum (ETH)-based Shiba Inu token has gone down by nearly 18% in the past week and declined by 13% in the past month. Despite this downturn, the layer 2…

GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury.  The sale, completed on Apr. 1, 2025, raised $1.48 billion after fees, according to the company’s filing with the Securities and Exchange Commission. GameStop was initially aiming to raise $1.3 billion amid plans to add Bitcoin to its list of treasury assets. The sale surpassed expectations, with an extra $200 million in notes sold. The company stated the funds will be used for general corporate purposes, including Bitcoin purchases. GameStop’s decision to invest…

9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and web3. A regulatory filing with the Hong Kong Exchanges and Clearing Limited reveals that the purchase of Howkingtech involves a maximum cash consideration of HK$79,649,599 (about $10.2 million), assuming all share options are exercised before the close of the offers. Following the news, Howkingtech’s shares…