Author: John Smith
With $500 billion in volume and counting, 1inch sat down with crypto.news to explain how interoperability is being deployed to offer non-custodial solutions to everything from real-world assets to cryptocurrency. Decentralized exchange (DEX) aggregators seem to be all the rage in DeFi today. These entities, which source liquidity from multiple DEXs to optimize trading conditions, aim to bolster prices for consumers by lowering fees and reducing slippage. According to recent data, total trading value of DEX aggregators has grown to $2.03 billion as of February 2025. It is a sector in crypto that many are eyeing for future growth. One of…
Bybit is reversing and reissuing all PAWS tokens after botching the airdrop, leaving users angry and waiting for answers. Cryptocurrency exchange Bybit is reversing its April 15 airdrop of PAWS tokens and plans to redistribute them again after a flawed distribution left some users with extra tokens, others with none, and prompted widespread complaints. In a blog announcement on Wednesday, the exchange said that the PAWS project team “has provided a revised eligibility list, which includes previously omitted participants.” It’s unclear how many participants where omitted, though Bybit reminded that users based in the European Economic Area “remain ineligible” for…
The U.S. SEC has officially closed its investigation into NFT gaming project CyberKongz, four months after the project was hit with a Wells notice over its ERC-20 token integration. In a recent post, the CyberKongz announced that the financial agency has pulled the plug on its initial investigation into the project’s operations. Calling it a “win for our industry,” the web3 gaming and NFT project plans to do a complete rebrand following the landmark decision. “After years of litigation, unjust allegations, crippling legal fees, and the biggest hurdle we could possibly encounter – we are free. This is an extremely…
Alchemy Pay has secured a Money Transmitter License in Arizona, marking its ninth U.S. state approval, as ACH price rallies 47% over the past week. Alchemy Pay (ACH), a Singapore-based provider of fiat-crypto payment gateway, has obtained MTL in Arizona, allowing it to legally facilitate secure transactions between fiat and crypto in the state. With this new license, Alchemy Pay now has MTLs in nine U.S. states, including Arkansas, Iowa, and Wyoming, and is actively applying for more licenses in other U.S. states. The company is also expanding its regulatory footprint globally, holding various licenses in countries like the UK,…
Seized cryptocurrencies are becoming a growing source of revenue for local Chinese governments, despite the country’s ban on crypto trading. As China‘s pile of seized cryptocurrencies continues to grow — thanks to a steady stream of illegal transactions — local governments are quietly turning to private firms to convert tokens into cash, Reuters reports. Chen Shi, a professor at the Zhongnan University of Economics and Law, told Reuters that such disposals a “makeshift solution that, strictly speaking, is not fully in line with China’s current ban on crypto trading,” suggesting that better oversight is needed as crypto crimes increase. Guo…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. How would you imagine a zero-human company? AI agents orchestrate other agents that use either groups of agents or specific tools to do their own specialized tasks. Is this possible today? There’s no doubt we’ll find out soon, but either way, the stage is set for it to happen. AI has significantly reduced the time and resources needed to develop digital products. Entrepreneurs who fail to integrate AI into their operations risk obsolescence, as AI-powered competitors launch…
Researchers have warned of a new vulnerability affecting certain crypto hardware wallets that allows attackers to privately sign unauthorized Bitcoin transactions and steal private keys. Cryptocurrency wallets using the Chinese-made ESP32 chip, a widely used microcontroller designed for embedded systems and connected devices, are at risk, according to cybersecurity firm Crypto Deep Tech, which flagged a major vulnerability in a recent report. Often deployed in security-critical environments and used in hardware wallets like Blockstream Jade and open-source projects such as Bowser and Colibri, these chips often act as gateways to sensitive networks or store cryptographic credentials, making the vulnerability especially…
On Mar. 6, 2025, an executive order set up the U.S. Strategic Bitcoin Reserve. The order prohibits the government from selling bitcoins or buying more using taxpayers’ money. Since then, it has been unclear how the U.S. is going to acquire more bitcoins, although several options have been named. In a recent interview with Professional Capital Management CEO Anthony Pompliano, the President of the Presidential Council of Advisers for Digital Assets, Bo Hines mentioned two methods that were actively discussed by the officials. Let’s dive deeper into what he said and name other ideas on how the U.S. could acquire…
South Korean candidate Hong Joon-pyo says he’ll scrap crypto rules like U.S. President Donald Trump did, aiming to make blockchain a key industry. South Korean presidential candidate Hong Joon-pyo says he’ll remove crypto regulations similar to how they were rolled back during the Trump administration in the U.S., pledging to boost blockchain in the country. During a policy event in Seoul on April 16, Hong said he will “dismantle regulations to the extent seen under the Trump administration” in an effort to “foster blockchain and virtual assets as a single industry,” Yonhap News Agency reports. Hong, a candidate in the…
AI-focused crypto tokens are seeing a dip as Nvidia, the top AI chipmaker fueling the space, could soon take a major financial hit due to new U.S. export restrictions. In a filing on April 14, Nvidia said it expects around $5.5 billion in charges for the first quarter of fiscal year 2026 because of U.S. government rules limiting its AI chip sales to China. On April 9, officials told Nvidia it now needs special export licenses for its popular H20 chips and others with similar capabilities. The new restrictions target China, Hong Kong, and Macau, with the government warning that…