Coinspeaker Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services Figment, a crypto staking firm, has announced its achievement in the first quarter (Q1) of 2024. The company revealed that with the launch of its Ethereum and Solana staking Exchange Traded Products (ETPs), it experienced a record year-on-year growth, managing over $15 billion in staking assets for more than 500 institutional clients. This huge five-fold increase compared to the same period in 2023 indicates the firm’s rapid expansion and the growing trust and confidence that its customers have in it ..read more

Coinspeaker Strike Launches Crypto Payment Services in Europe Strike, a prominent US-based crypto payments company, has finally launched its much-anticipated services in Europe. According to an announcement on Wednesday, the services are restricted from certain countries in Europe for now.  Nevertheless, users in eligible nations can now buy, sell, deposit, and withdraw funds through the platform. Strike Enters Selected European Nations The company has made it easy for customers to check the app’s availability in their region by visiting the iOS and Android app stores. Eligible users ..read more

Coinspeaker Ripple IPO: David Schwartz Makes Key Expose on His Stock Option David Schwartz, the Chief Technology Officer (CTO) at Ripple Labs Inc has shared important details about his stock options amid IPO conversations. His opinion has sparked curiosity about Ripple’s plans for an Initial Public Offering (IPO). David Schwartz Stock Option Schwartz revealed that he is uncomfortable with the level of risk associated with his current stock holdings and hinted at potential future actions to manage this risk. He mentioned that he might sell some of his Ripple stock to purchase more, pointing to ..read more

Coinspeaker North Korean Lazarus Hacker Group Taps LinkedIn in Targeted Crypto Theft As per the latest reports, North Korea’s notorious Lazarus Group is using professional social media platforms like LinkedIn to target users and steal their crypto assets via Malware infusion. SlowMist, the popular blockchain security analytic firm was the first to report revealing that hackers at the Lazarus Group are pretending to search for jobs as blockchain developers in the crypto industry. As per SlowMist, these hackers stole confidential employee information after getting inviting access to their reposi ..read more

Coinspeaker Stablecoin Adoption Sees 15% Surge as Number of Holders Inches Close to 100M Stablecoins are fast growing in popularity, and the result is now evident in the number of addresses that hold them. According to the data from rwa.xyz, such addresses have climbed 15% this year alone, soaring to a record high of over 93.6 million. These digital assets, which maintain a 1:1 peg to external references like the US dollar, can be classified into three main types. They are fiat-backed, crypto-backed, and algorithmic stablecoins. Of all stablecoins, though, Tether (USDT) is unquestionably the b ..read more

Coinspeaker Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy The cryptocurrency space has been in a debate concerning the approval of Ethereum as a security by the US Securities and Exchange Commission (SEC). This discussion has been ongoing for a considerable period, with various analysts and industry experts offering diverse perspectives on the matter’s outcome. New York Attorney General Fuels the Debate Recently, a crypto analyst and legal adviser Metalaw weighed in on the matter, making reference to the action taken by New York Attorney Gener ..read more

Coinspeaker Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts The Ce­ntral Bank of Nigeria (CBN) rejecte­d claims it instructed banks and financial companies to identify crypto exchange users. Re­ports stated accounts engaging in such transactions were put on Post No Debit (PND) for six-month re­strictions. However, the CBN de­nied issuing directives re­quiring identification of crypto traders and temporary account fre­ezes.  The situation be­came confusion when the ce­ntral bank initially refuted the re­port on X, only to remove the de­nial. Later, they ass ..read more

Coinspeaker Crypto Messaging App iMe Partners DWF Labs for Ecosystem Growth  iMe Platform, a Web3 social media messaging app powered by Telegram’s application programming interface (API), has secured a strategic partnership with DWF Labs, a crypto-focused market maker, to promote its ecosystem and enhance growth. The platform, co-founded by Alex Borutskiy, offers multifunctional capabilities, granting users access to the decentralized finance (DeFi) ecosystem and the artificial intelligence (AI) market. It also includes a crypto wallet that enables users to interact with the emerging econ ..read more

Coinspeaker Renzo Introduced REZ Tokenomics and ezPoints Claiming Details With the end of Renzo’s Season 1 ezPoints campaign drawing closer, the liquid staking protocol has released REZ tokenomics and the claiming details of the ezPoints. According to the Renzo Protocol, the Season 1 ezPoints campaign will end on April 26. The protocol confirms that it has experienced immense growth in the volume of active users and the Total Value Locked (TVL). The growth in its TVL has placed Renzo amongst the top 10 Decentralized Finance (DeFi) protocols. Renzo Season 2 Starts on April 26 Notably, Season 2 ..read more

Coinspeaker Hong Kong Set to Launch Approved Bitcoin and Ethereum ETFs Next Week Hong Kong is on the brink of introducing its crypto-based exchange-traded funds (ETFs) for trading. According to a recent Bloomberg report citing people familiar with the matter, the country’s spot Bitcoin (BTC) and Ethereum (Ether) ETFs will debut on exchanges early next week. The new developments follow Hong Kong’s approval of several crypto ETF applications on April 15, 2024. Chinese financial services companies such as China Asset Management and Bosera Capital, through their Hong Kong subsidiaries, obtained ap ..read more