Switzerland-based financial technology company Taurus announced the launch of an interbank digital asset network aimed at improving institutional collaboration, collateral mobility, and settlement efficiency across cryptocurrencies, tokenized securities, and central bank digital currencies (CBDCs). The network, called Taurus Network, connects clients of Taurus-PROTECT—its institutional-grade custody platform—across more than 35 financial institutions in ten countries. The…
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Cakepie DAO Slams PancakeSwap’s Tokenomics 3.0 Proposal, Warns of veCAKE Fallout
Tensions are rising in the PancakeSwap ecosystem after Cakepie DAO, the largest veCAKE holder and longtime contributor to PancakeSwap’s growth, voiced strong opposition to the DEX’s newly unveiled Tokenomics Proposal 3.0. The proposal, which includes plans to retire veCAKE, staking, gauges voting, and revenue sharing, has raised questions, particularly among protocols that have built entire…
Kraken Partners with Mastercard to Bring Crypto Payments to 150M Merchants in UK and Europe
Crypto exchange Kraken is joining forces with Mastercard to allow digital asset holders in the UK and Europe to spend their cryptocurrencies at over 150 million merchants worldwide. As part of the partnership, Kraken will soon launch both physical and digital debit cards that enable users to spend crypto and stablecoins for everyday purchases, according…
New York Eyes Blockchain to Safeguard Elections Under New Bill
New York may soon explore blockchain technology as a potential safeguard for its electoral process, following the introduction of a new bill in the state legislature. Assemblymember Clyde Vanel (D-33) filed Assembly Bill A7716 on Tuesday, aiming to initiate a formal study into how blockchain could be used to protect voter data and election results….
Ethereum Has Outperformed Bitcoin Only 15% of the Time Since Launch, Analysts Say
Since the launch of Ethereum in 2015, it has only outperformed Bitcoin on 15% of trading days, according to data shared by analysts. Glassnode’s lead analyst James Check posted on X, noting that Ether has historically lagged behind the leading cryptocurrency in most market cycles. Ethereum had a brief edge over Bitcoin in its early…
Shaquille O’Neal to Pay $11M in Final Settlement Over Astrals NFT Lawsuit
Former NBA legend Shaquille O’Neal has agreed to pay $11 million to resolve a class-action lawsuit tied to his involvement in the Solana-based Astrals NFT project. A Florida federal judge, Federico Moreno, approved the final settlement on April 1, with the order made public on April 8. The settlement establishes an $11 million fund for…
Kaspersky Flags Crypto-Stealing Malware Hidden in Fake Microsoft Office Add-Ins
Cybersecurity firm Kaspersky has flagged a new sophisticated malware that steals crypto using fake Microsoft Office add-ins. These legit-looking extensions are uploaded to SourceForge, a website hosting platform, with descriptions copied from the legitimate GitHub project. Per the malware description posted on Tuesday, appears with the SourceForge domain name and web hosting. “Pages like that…
Elliott Wave Explained: Why the Market’s Sharp Correction Isn’t the End of the Bull Run
In this article, we contend that the current sharp correction in market indices like S&P 500 (SPX) does not signal the end of the bull market. To support this view, we’ve produced a video that outlines our argument with detailed technical analysis. You can view the video at the end of this article for an…
Bitcoin Spot ETFs See $326M in Outflows, Marking Fourth Straight Day of Losses
Bitcoin spot exchange-traded funds (ETFs) recorded a combined net outflow of $326m on April 8, extending a four-day streak of redemptions as investor appetite cooled following a string of macroeconomic concerns and rising geopolitical tensions. According to SoSoValue data, BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of the day’s losses, posting a net…
Ukraine Sets 18% Income Tax on Virtual Assets
Ukraine has taken a big step toward formalizing its approach to taxing cryptocurrencies, with the National Securities and Stock Market Commission (NSSMC) releasing a detailed taxation matrix for virtual assets. The proposal outlines both standard and preferential tax models, signalling a move to align the country’s financial system with global digital asset norms. Shared publicly…