Project 11 has launched the Q-Day Prize, offering 1 BTC for breaking a simplified version of Bitcoin's elliptic curve cryptography using a quantum computer. The challenge aims to assess the urgency of quantum computing threats to Bitcoin's security.
Kraken has been laying off hundreds of employees to streamline operations ahead of a potential U.S. public listing. The company initially cut 15% of its workforce in October last year and has continued with additional firings since then.
Solana's price surged to a new high in April after the launch of Solana ETFs in Canada and infrastructure upgrades at Coinbase. The coin is up 6% in a day and nearly 23% in a week, outperforming other top cryptocurrencies.
Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — once limited to sophisticated investors — to the masses in the form of a crypto token.
The protocol is launching its NUSD "synthetic dollar" token, designed to generate returns by arbitraging discounted altcoin deals in over-the-counter (OTC) markets, the team told CoinDesk in an exclusive interview.
Neutrl also raised $5 million in seed funding led by digital asset private marketplace STIX and venture firm Accomplice. They were joined by Amber Group, SCB Limited, Figment Capital and Nascent alongside a range of crypto angel investors including Ethena founder Guy Young and derivatives trader Joshua Lim of Arbelos Markets, recently acquired by FalconX.
Raydium's LaunchLab, a new token launchpad, offers advanced token creation features, including token supply adjustments and vesting options. In contrast, Pump.fun's launchpad only allows aesthetic changes, lacking flexibility for token creators.
Panama City has approved the acceptance of cryptocurrencies for public services, starting with Bitcoin, Ethereum, USDC, and USDT. The move reflects a shift towards a more crypto-friendly stance among lawmakers in Panama.
The Pepaire-Bueno brothers are arguing for the dismissal of their case, citing a recent DOJ memo that reevaluates its approach to crypto cases. The memo led to the closure of the DOJ's crypto enforcement team and a shift in pursuing criminal cases related to digital assets.
DWF Labs has acquired $25 million in WLFI tokens through a strategic private transaction with World Liberty Financial, a crypto project linked to U.S. President Donald Trump. The Dubai-based firm aims to provide liquidity for World Liberty Financial's stablecoin, USD1, as it expands into New York City.
CyberKongz announced the SEC has concluded its investigation into the project, following a Wells notice in December. The project sees this as a victory and hopes for clarity in the Web3 gaming industry.
Bitcoin's price held steady around $84,000 as the White House discussed potential relief for farmers affected by trade wars. Market volatility remained low, with slight decreases in Bitcoin, Ethereum, and Solana prices. Wall Street also saw a calm trading day, with minimal fluctuations in major indices.
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