ChainGPT AI News

BONK price has surged by 73% since April 22, reaching a five-month high of $0.00002167. The open interest for BONK has also seen a significant increase of 290% to $43.2 million. The second-largest Solana-based memecoin, BONK, is showing signs of continued recovery since April 22. Its price has risen by approximately 73% from the low of $0.00001247 on April 22 to a high of $0.00002167 on April 28. Trading data indicates BONK is currently priced at $0.00001923, with a 3% increase in the last 24 ho

MetaMask is introducing a crypto payments card for users to spend self-custodied funds, providing more ways to utilize their tokens. The card, supported by Mastercard, is a collaboration with CompoSecure and Baanx. It leverages smart contracts for real-life transactions, processing them in under five seconds on the Linea network, an Ethereum layer-2 scaling solution. Marketed as a safer alternative to centralized exchanges, the card arrives amidst concerns following a $1.4 billion hack on Bybit.

Lawmakers in the Arizona House of Representatives have approved two bills that could pave the way for the state to establish a reserve using Bitcoin or other cryptocurrencies. The bills, SB1025 and SB1373, aim to amend Arizona's statutes to allow for a strategic BTC reserve and a state-level digital assets reserve, respectively. State Representative Jeff Weninger highlighted that this legislation mirrors similar efforts in other states, enabling the treasurer to invest up to 10% in Bitcoin and o

The DeFi Education Fund, a crypto lobby group, has urged the Trump administration to stop what they see as unjust prosecution of open-source software developers. Specifically, they mentioned Roman Storm, the creator of Tornado Cash, who faces charges for allegedly helping launder over $1 billion in crypto. The group argues that holding developers accountable for how others use their code is not only unreasonable but also stifles innovation in the U.S. They also pointed out the contradiction betw

Gold-backed cryptocurrencies like Tether Gold and Paxos Gold have surged in value due to the trade war initiated by US President Donald Trump. On April 22, Tether Gold reached $3,529 and Paxos Gold hit $3,520, marking all-time highs. Quorium and Kinesis Gold also saw significant increases in the past month. The demand for XAUT is attributed to factors like economic uncertainty and geopolitical tensions. Since Trump's tariff announcement on April 2, the price of gold has risen by 7%. Investors ar

In Zug, Switzerland on April 28th, 2025, Ika, the world's fastest parallel MPC network, is set to launch on the Sui blockchain with a strategic investment from Sui Foundation. Ika, known for its sub-second MPC network, offers zero trust interoperability between blockchains across hundreds of signer nodes with high security. This aligns with Sui's values of performance and decentralization. Ika's upcoming launch on the Sui blockchain will empower Sui Move smart contract developers with secure int

BYDFi, a global crypto exchange, has revealed its official sponsorship of the TOKEN2049 conference in Dubai. The event will feature BYDFi showcasing its on-chain trading tool, MoonX, making its second international appearance following its debut at Paris Blockchain Week. This move signifies BYDFi's formal expansion into the Middle Eastern and broader international markets. TOKEN2049, scheduled from April 30 to May 1 in Dubai, is expected to draw over 15,000 attendees, including 500 industry lead

El Salvador continues to acquire Bitcoin despite IMF regulations. President Nayib Bukele's administration paused public sector Bitcoin purchases to meet IMF loan conditions. However, the country's Bitcoin Office quietly expands national reserves, adding 32 BTC worth over $650,000 recently. El Salvador now holds 6,161.18 BTC valued at $584 million, following a 'one Bitcoin a day' policy. While IMF rules restrict direct government purchases, the Bitcoin Office operates outside the fiscal sector's

The evolving landscape of Web3 and online shopping has given rise to a new trend - purchasing mystery boxes with cryptocurrencies. Unlike NFTs, these platforms allow users to buy mystery or loot boxes using major cryptos like Bitcoin and Ethereum. Unwrapping these boxes can reveal real-world prizes ranging from tech gadgets to valuable crypto mining equipment at a fraction of their actual cost. The demand for mystery boxes is surging, with projections indicating a potential $20.3 billion revenue

Crypto airdrops present early investment opportunities in high-growth projects with strong financial backing. As April nears its end, several noteworthy airdrops are worth considering for investors seeking promising ventures. Parfin leads the pack with a $32 million funding round, supported by Framework Ventures, ParaFi Capital, Valor Capital, and Mastercard. The Rayls blockchain, bridging traditional finance with DeFi, has garnered attention for its potential RAYLS airdrop. Nous Research, backe

Coinbase recently addressed a user interface error that caused confusion among users. The glitch incorrectly labeled failed password login attempts as '2-step verification failed,' leading users to believe their accounts were compromised. This issue was identified by cybersecurity expert Lawrence Abrams and has since been rectified by Coinbase. The exchange now displays 'Password attempt failed' to accurately reflect login failures. The incident highlights the importance of clear interface desig

Altcoins have been overshadowed by Bitcoin in 2023-2026, but BNB Chain stands out with its relative strength. Despite a 10% drop from its previous all-time high, BNB Chain remains robust in daily transactions, active addresses, and TVL. Its revenue lags behind competitors, but its utility and fundamentals make it a top performer. Compared to other altcoins, BNB's price decline is only 10%, outperforming ETH and Solana. With a low dilution risk and strong ecosystem, BNB Chain is positioned for re

The cryptocurrency space witnessed a significant event as sUSD, the stablecoin of the Synthetix protocol, dropped to $0.68 on April 18, 2025, deviating 31% from its 1:1 peg with the US dollar. Stablecoins like sUSD play a vital role in decentralized finance by offering price stability. However, a protocol shift (SIP-420) led to sUSD depegging by reducing collateralization and altering incentives. This change, combined with market factors, caused a surplus of sUSD, destabilizing its value. Synthe

ZachXBT, an onchain investigator, has highlighted a questionable transfer of 3,520 Bitcoin worth $330.7 million, hinting at a potential major theft. The transaction, occurring on April 28, involved moving funds from a possible victim's wallet to the address bc1qcry...vz55g. The stolen funds were swiftly laundered through six instant exchanges and converted into Monero, causing a 50% surge in XMR's price. Despite speculation linking North Korea's Lazarus Group to the attack, ZachXBT dismissed the

During Donald Trump's presidential campaign, he proposed the creation of 10 new US cities known as 'freedom cities' to enhance Americans' quality of life. These cities were intended to be high-tech communities built on public land, free from bureaucratic hurdles that hinder affordable housing development. While the idea of freedom cities is not entirely new, it garnered support from Silicon Valley tech leaders and cryptocurrency enthusiasts. The current administration has taken initial steps tow

Arthur Madrid, the co-founder and CEO of The Sandbox, emphasized the importance of wallet interoperability in Web3 gaming during an interview at the Crypto Polo event in Dubai. Madrid, along with his co-founder Sebastien Borget, highlighted the goal of allowing players to seamlessly move between games using a single wallet. Despite a market slowdown, Madrid expressed optimism about the growth of Web3 gaming, noting the increasing accessibility of tools for game creation. He also mentioned the po

The Stacks Asia DLT Foundation has made history as the first Bitcoin-based organization to establish a formal presence in the Middle East. Their goal is to drive institutional Bitcoin adoption through enhanced educational programs. Teaming up with the Abu Dhabi Global Market (ADGM), one of the world's fastest-growing financial hubs, Stacks Asia aims to boost the adoption of its Bitcoin layer-2 (L2) solution in the Middle East and Asia. This partnership will play a crucial role in shaping Bitcoin

Blockchains were initially created as transparent, decentralized systems of trust. However, the emergence of AI has brought new challenges. With nearly half of internet traffic being generated by bots, up to 80% of blockchain transactions are now automated. While some bots have legitimate purposes, others disrupt networks, increase fees, and monopolize resources. AI bots are increasingly dominating trading volumes and DeFi markets, causing congestion and failures in networks. This trend extends

Ethereum's Fusaka hard fork, scheduled for Q3 or Q4 2025, aims to introduce the EOF upgrade for the Ethereum Virtual Machine. The EOF upgrade, part of the Fusaka network upgrade, will bring significant changes to Ethereum smart contracts by implementing EIPs. This upgrade will streamline EVM operations, enhance efficiency, and simplify smart contract deployment. However, there is controversy surrounding the EOF implementation. Some developers argue that EOF is overly complex and unnecessary, int

Switzerland's Spar supermarket chain is set to introduce Bitcoin payments nationwide following a successful trial supported by DFX Swiss, potentially making cryptocurrency a common part of daily life. Spar's Zug branch recently started accepting Bitcoin through the Lightning Network using DFX Swiss's OpenCryptoPay platform, with plans to expand to other locations. This move makes Spar one of the first major supermarket chains in Switzerland to directly accept Bitcoin. Despite Switzerland's reput