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HTX Research Latest Report 丨Sonic: A Model for the New DeFi Paradigm


This content is provided by a sponsor. PRESS RELEASE. Singapore, 28 April, 2025 – As Layer 2 scaling solutions remain a focal point of industry discourse, Sonic presents a fundamental shift in blockchain architecture. HTX Research has announced the release of its latest report, “Sonic:...

China-based Huawei to test AI chip aiming to rival Nvidia: Report


Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia.The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated...

China-based Huawei to test AI chip aiming to rival Nvidia: Report


Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia.The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated...

Nigerian court green lights arrest for six CBEX promoters — Report


A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange.According to an April 24 report from Nigerian news outlet...

Nigerian court green lights arrest for six CBEX promoters — Report


A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange.According to an April 24 report from Nigerian news outlet...

Americans lost $9.3B to crypto fraud in 2024 — FBI


The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024.According to the report released on April 23, the IC3 received more than 140,000 complaints...

Americans lost $9.3B to crypto fraud in 2024 — FBI


The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its annual report detailing complaints and losses due to scams and fraud involving cryptocurrency in 2024.According to the report released on April 23, the IC3 received more than 140,000 complaints...

PayPal to offer 3.7% yield on stablecoin balances: Report


Payments behemoth PayPal plans to offer a 3.7% yield on balances held in its PayPal USD stablecoin.According to an April 23 Bloomberg report, a PayPal representative said that the measure aims to encourage more usage of the firm’s stablecoin. The new program is purportedly expected to launch...

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report


Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under...

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report


Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under...

Report Says ING Is Developing a Euro-Based Stablecoin Under MiCA Rules


Dutch banking giant ING is quietly laying the groundwork for a new stablecoin project, teaming up with players from both traditional finance and the crypto space to carve out a place in Europe’s tightly regulated digital asset sector. As reported by Ian Allison at Coindesk, citing two anonymous...

Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO


Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring...

Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners


Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.com data compiled...

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