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OKX Accelerates US Expansion with Crypto Exchange, Web3 Wallet, and New US CEO

Department of Justice · San Jose

OKX Accelerates US Expansion with Crypto Exchange, Web3 Wallet, and New US CEO

68% Center coverage: 37 sources

San Jose to serve as new US HQ; Roshan Robert named CEO of US operations as OKX expands its product suite to offer customers greater choice for CryptoSee the Story

Panama City Approves Bitcoin And Crypto Payments for Taxes, Fees, & Permits

Cryptocurrency · Panama City

Panama City Approves Bitcoin And Crypto Payments for Taxes, Fees, & Permits

Coverage: 2 sources

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zeroSee the Story

KiloEx's KILO Token Surges as Funds Recovered Swiftly After ‘Sophisticated’ Hack

KiloEx's KILO Token Surges as Funds Recovered Swiftly After ‘Sophisticated’ Hack

100% Center coverage: 1 sources

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, said Friday it recovered all of its hacked funds after a sophisticated attack this week left users reeling with losses of around $7 million.The DEX is working to close the legal process of recovering the funds and is awarding 10% of the recovered amount as a bounty to the white hat hacker who was involved in the process. "The legal process to formally close the case is now und…See the Story

Galaxy Research proposes new voting system to reduce Solana inflation

Galaxy Research proposes new voting system to reduce Solana inflation

Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agre…See the Story

Yemenis are turning to DeFi as US sanctions target Houthi group

Sanctions · Yemen

Yemenis are turning to DeFi as US sanctions target Houthi group

Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17 report from blockchain intelligence firm TRM Labs.“However, there are signs o…See the Story

Crypto in a bear market, rebound likely in Q3

Crypto in a bear market, rebound likely in Q3

A monthly market review by publicly traded US-based crypto exchange Coinbase shows that while the crypto market has contracted, it appears to be gearing up for a better quarter.According to Coinbase’s April 15 monthly outlook for institutional investors, the altcoin market cap shrank by 41% from its December 2024 highs of $1.6 trillion to $950 billion by mid-April. BTC Tools data shows that this metric touched a low of $906.9 billion on April 9 …See the Story

Mantra CEO plans to burn team’s tokens in bid to win community trust

Mantra CEO plans to burn team’s tokens in bid to win community trust

Mantra CEO John Mullin said he is willing to burn his team’s 300 million locked-up tokens to win back the faith of his community following the OM token’s $5.5 billion collapse.See the Story

Only 11% of El Salvador’s registered Bitcoin firms operational

Nayib Bukele · El Salvador

Only 11% of El Salvador’s registered Bitcoin firms operational

Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law. Local media outlet El Mundo cited data from the Central Reserve Bank of El Salvador, showing that 11% of the service providers are operational. According to the central bank’s database, the rest of the providers are classified as non-operational. The data showed t…See the Story

KiloEx Loses $7M in Apparent Oracle Manipulation Attack

KiloEx Loses $7M in Apparent Oracle Manipulation Attack

100% Center coverage: 1 sources

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million.The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers.An attacker, using a wallet funded through Tornado Cash — a tool that obscures transaction trails …See the Story

New York AG urges Congress to strengthen crypto regulations after DOJ disbands task force

New York AG urges Congress to strengthen crypto regulations after DOJ disbands task force

Letitia James · New York

New York AG urges Congress to strengthen crypto regulations after DOJ disbands task force

50% Center coverage: 6 sources

DappRadar: Crypto Gaming Sees More Deals, Less Investment in Q1

DappRadar: Crypto Gaming Sees More Deals, Less Investment in Q1

Crypto gaming experienced a mixed Q1, as deals soared but investment totals dropped, DappRadar reveals. Investment in Web3 games dropped in Q1, though DappRadar noted a quarter-over-quarter increase in deals, with a focus on infrastructure development. In the first quarter of 2025, blockchain gaming experienced a “mixed bag,” with more deals but a significant drop in investment, according to DappRadar. DappRadar’s State of Blockchain Gaming repo…See the Story