May 12, 2025
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Crypto Resilience

TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 Gamer

The team behind NFL Rivals is bringing FIFA Rivals to the world in May, TV smash hit Peaky Blinders is getting a new crypto game adaptation of its classic gangster series, and other news. by Ciaran Lyons 5 min April 29, 2025 Share Share Share Share FIFA Rivals set to launch pre-release in May If

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Crypto Resilience

$649B stablecoin transfers linked to illicit activity in 2024: Report

Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities. 2098 Total views 1 Total shares Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace

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Crypto Resilience

Is XRP price going to crash again?

Key takeaways: XRP trades over 120% above its realized price, flashing heightened correction risk. A rising wedge breakdown on the 4H chart could send XRP toward $1.89 by mid-May. Weekly falling wedge pattern and 50-week EMA support suggest a possible 25% recovery to $2.92 by June. XRP (XRP) price has rebounded by over 40% in

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Crypto Resilience

Ethereum price has several reasons to break $2,000 next

Key takeaways: Strong Ethereum ETF inflows signal high institutional demand. Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength. A bull flag pattern on the ETH’s four-hour chart targets $2,100. Ether’s (ETH) price rose to a new range high at $1,860 on April 28, its highest value since April 2. Several

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Crypto Resilience

CBDCs ‘costly fiat copy’, not fintech success so far: Ex-Binance exec

The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO

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Crypto Resilience

Beijing to invest in blockchain, integrate into infrastructure

China’s capital city, Beijing, has launched a two-year plan to boost blockchain development and adoption across key industries. The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology

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Crypto Resilience

A16z leads $25M funding for Miden blockchain project

A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including

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Crypto Resilience

Trump’s first 100 days ‘worst in history’ despite crypto promises

The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking.  Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have

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Crypto Resilience

Circle gets Abu Dhabi regulatory nod to expand in Middle East

USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the

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Crypto Resilience

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali,

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