Author: John Smith

Velora plans to leverage the Across Protocol to enable users to perform cross-chain swaps in a single transaction. Cross-chain interoperability is one of the most important trends in crypto today. On Thursday, April 17, DEX platform Velora partnered with Across Protocol. In a press release shared with crypto.news, the company stated that the partnership will allow users to easily swap assets across multiple chains. The integration of the Across Protocol will enable Velora users to trade assets across more than 17 chains. Moreover, traders will be able to execute swaps between any of these chains in a single transaction. Velora…

Former Wall Street executive Richard Kim has been arrested and charged with wire fraud and securities fraud for allegedly misappropriating over $4 million from investors in a blockchain-based online casino startup called ZeroEdge. According to a sworn affidavit filed by FBI Special Agent Thomas McGuire in the Southern District of New York, Kim, who previously served as COO of global foreign exchange and emerging markets trading at Goldman Sachs and J.P. Morgan, launched Zero Edge in March 2024.  He marketed the company as a crypto-powered casino that would feature on-chain games, a virtual currency called “FAITH,” and a tradeable token…

Stanford lab, focused on AI research, will use the decentralized cloud computing platform Theta EdgeCloud for its work on LLMs. The decentralized cloud could be the solution for AI’s vast computing needs. On April 17, Theta Labs revealed that Stanford University’s AI would use Theta (THETA) EdgeCloud in its work on large language models. The lab, led by Assistant Professor Ellen Vitercik, will use the platform for discrete optimization and algorithmic reasoning of LLMs. Stanford joins a growing list of academic institutions using the decentralized platform for research. According to Theta Labs, other adopters of EdgeCloud include Seoul National University,…

The Algorand price remains in a tight range this week, as activity in the cryptocurrency industry continues to stay muted. Algorand (ALGO), a layer-1 network, was trading at $0.1865 on Thursday, just above its lowest level this year. It has plunged by nearly 70% from its November 2023 high. Algorand is facing substantial challenges that may derail its recovery this cycle. First, its decentralized finance ecosystem is losing traction among investors.  According to DeFi Llama, the total value locked in the network has crashed to just $90 million, its lowest level since 2022. The figure has dropped sharply from the…

Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia. AEON’s strategic partnership with Stellar (XLM) allows for support for XLM and Stellar-native USDC (USDC) as accepted payments at retail stores across major cities in Southeast Asia. The collaboration will also expand the blockchain solution across Africa and Latin America, AEON said in a press release. XLM and USDC payments will be facilitated through AEON Pay, a web3-powered mobile solution that enables real-world purchases at major retailers. Currently, the service connects to more than 10,000 brands and 20 million QR-enabled stores…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Explore the 2025 outlook for DOGE, SHIB, and BlockDAG with insights into price forecasts, ETF impact, presale momentum, and why analysts see BlockDAG as a potential standout. When hype meets headlines, investor attention often shifts faster than fundamentals. Dogecoin’s short-term rally on ETF news and Shiba Inu’s bounce after avoiding a new zero both stirred excitement, but neither story is without caveats. Dogecoin (DOGE) still faces weakening on-chain activity, while Shiba Inu (SHIB) contends with resistance and a fragile…

Oku has enabled BTC-backed lending and borrowing on Corn Network, powered by Morpho, unlocking new DeFi utility for Bitcoin holders. On April 17, Oku announced the launch of the Morpho Protocol on Corn Network, opening a new frontier for Bitcoin (BTC) users to engage in overcollateralized lending using BTCN, Corn’s native Bitcoin-backed token. BTCN is pegged 1:1 with BTC and is backed by bridged Bitcoin reserves designed for cross-chain functionality. This marks the first major decentralized lending protocol deployment on Corn, a BTCFi-focused network powered by the Arbitrum Orbit tech stack. Through the deployment of Morpho on Corn, users gain…

Galaxy Digital’s research team has unveiled a proposal to reform how Solana adjusts its token inflation rate. Part of the proposal introduces a new voting mechanism called Multiple Election Stake-Weight Aggregation. The goal is to allow validators to collectively determine future deflation rates for Solana (SOL) more efficiently and inclusively, according to a note shared with crypto.news. The proposal outlines a system where validators vote across a range of preset deflation rates rather than on a single “yes” or “no” proposal, according to a note shared with crypto.news. This addresses criticism that Solana’s recent SIMD-228 vote on inflation was too…

Why did Elon Musk reach out to Tiffany Fong in that way — and what had been happening between them online before that message? A private proposal, a public fallout A new controversy involving Elon Musk emerged on Apr. 16, following a report by the Wall Street Journal. According to the report, Musk sent a private message to crypto influencer and journalist Tiffany Fong in November 2024, asking whether she would consider having his child. At the time the message was sent, the two had never met in person. Fong, 31, has built a substantial following with over 335,000 followers…

The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.615 on April 16, mirroring the performance of other top layer-1 coins, such as Avalanche (AVAX) and Solana (SOL). ADA remains significantly lower than its all-time high of $3.1. There are two main reasons why Cardano has been unable to surpass its all-time high. First, while Bitcoin (BTC) reached a record high earlier this year, most popular altcoins remain well below their previous peaks. Second, Cardano has not attracted as many developers as other layer-1…