Cardano’s potential for substantial market growth is gaining renewed attention as its smart contract capabilities become fully operational and real-world applications emerge. Crypto analyst and YouTuber Lark Davies recently highlighted this point, explaining to his hundreds of thousands of subscribers that the digital asset’s market cap surpassed $90 billion in 2021 despite lacking smart contract functionality. This achievement suggests that the blockchain’s current development phase could lead to even more significant value creation. According to Davies, the community needs to think bigger. JUST IN: Lark Davis says " #Cardano $ADA went to $90B without smart contracts last cycle. Think bigger." pic.twitter.com/8kloTjyKZK — Angry Crypto Show (@angrycryptoshow) April 28, 2025 Growing Developer Engagement in Cardano The Cardano ecosystem has witnessed a notable increase in smart contract deployments, with data from TapTools showing that over 130,000 contracts have now been launched on its mainnet. This surge in activity indicates that developers are actively building decentralized applications (dApps) across various sectors. The expansion of smart contract usage is expected to enhance Cardano’s utility, driving higher transaction volumes and increasing the total value locked (TVL) within its DeFi ecosystem, essential metrics for assessing blockchain economic strength. With recent developments like Midnight , which allow for zero-knowledge smart contracts, the ecosystem could grow further. Protecting sensitive user information could attract developers looking to create more complex dApps and users looking for an ecosystem they can trust. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Network Reliability Remains a Core Strength Cardano’s reputation for stability and reliability further bolsters its appeal. Frederik Gregaard, CEO of the Cardano Foundation, has emphasized that the blockchain has maintained uninterrupted operation since its inception in 2017, without missing a single block. This level of consistency is notable, especially given the extensive code updates Cardano has implemented over the years. Such resilience positions Cardano as a dependable platform for developers and users, distinguishing it from other networks like Solana that have experienced outages or technical issues. Increasing Market Optimism The possibility of a spot ADA exchange-traded fund (ETF) approval has also contributed to a more optimistic outlook for Cardano. The appointment of Paul Atkins as chair of the U.S. Securities and Exchange Commission (SEC) has sparked increased speculation about forthcoming crypto ETF approvals. Supporting this sentiment, prediction market data from Polymarket reveals that the chance of an ADA ETF approval in 2025 has climbed to nearly 46%. While this is lower than other prominent assets like XRP with an 83% chance , it is still notable and has excited many market participants. Cardano seems to be on the brink of a massive rally, and all these positive developments could help push the asset to new heights in 2025. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Lark Davis: Cardano (ADA) Went to $90 Billion Without Smart Contracts Last Cycle appeared first on Times Tabloid .
Solana is at a critical juncture, with price action suggesting a potential breakout amidst shifting market dynamics. Current trading levels show heightened activity, with the SOL price oscillating around key
Crypto asset management firm Galaxy Digital has announced plans to go public on the Nasdaq stock exchange. Galaxy Digital chief executive and founder Mike Novogratz says the firm plans to go live on the Nasdaq as soon as May 16th, but notes that shareholder approval is still needed. “Excited to share that Galaxy plans to list on Nasdaq on May 16, pending shareholder approval on May 9. We believe this listing will position Galaxy to better serve investors across the digital asset and AI ecosystems and help unlock the next phase of our growth.” According to a press release , Galaxy Digital formed a public company incorporated in Delaware to make this possible and is expected to take the ticker symbol GLXY. On April 17th, the U.S. Securities and Exchange Commission (SEC) declared that the registration statement filed by the firm was effective. As stated by Novogratz in the press release, “We believe that listing on the Nasdaq would mark a transformative milestone for Galaxy that would position us to advance our vision of building a gateway for investors to safely and efficiently access every corner of the digital asset and artificial intelligence ecosystems. We are confident that this listing will be value enhancing to the company and our shareholders and enable us to attract a broader investor base.” Galaxy Digital Holdings is trading for $15.62 at time of writing, a marginal increase during the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Fernando Cortes/AtlasbyAtlas Studio The post Crypto Giant Galaxy Digital Announces Plans to Go Public on Nasdaq appeared first on The Daily Hodl .
Bitcoin’s resurgence sparks renewed optimism among traders, as they aim to surpass the critical $95,000 barrier amidst mixed US economic signals. Despite recent bearish economic reports, traders remain poised, anticipating
The digital frontier of finance is facing an alarming surge in malicious activity. Recent data reveals a stark reality for cryptocurrency holders and projects: crypto hacks are escalating at an unprecedented rate in 2025. If you’re involved in the crypto space, understanding these threats and bolstering your DeFi security is more critical than ever. Crypto Hacks: A Troubling Trend in 2025 According to a report from Web3 security firm Immunefi, the total losses from crypto hacks and scams have already surpassed a staggering $1.7 billion in 2025. This figure is particularly concerning as we are only partway through the year, yet it already exceeds the total losses of $1.49 billion recorded throughout the entirety of 2024. This dramatic increase signals a significant challenge for the industry. The report highlights a particularly bad month: April 2025. During this single month, hackers successfully stole $92 million across 15 distinct attacks targeting decentralized finance (DeFi) protocols. This represents a concerning 124% increase in losses compared to March 2025, indicating a rapid acceleration in successful exploits. What’s driving this surge? Several factors appear to be contributing: Sophistication of Attacks: Hackers are employing more advanced techniques to exploit vulnerabilities. Focus on DeFi: Decentralized protocols, while innovative, often present new and complex attack surfaces. State-Backed Actors: Reports suggest that some state-sponsored groups are increasingly targeting crypto assets. Major Exploits: Significant breaches targeting platforms like UPCX and KiloEx have accounted for a large portion of the reported losses. Why is DeFi Security Particularly Vulnerable? Decentralized Finance (DeFi) is designed to remove intermediaries, offering greater accessibility and innovation. However, this also means that smart contracts and protocol logic become central points of failure. Unlike traditional finance where institutions have established security layers, DeFi protocols often rely solely on the code itself and the underlying blockchain security . Common vulnerabilities exploited in DeFi attacks include: Smart Contract Bugs: Errors or loopholes in the code that govern DeFi protocols. Flash Loan Attacks: Exploiting protocol logic by taking out uncollateralized loans that are repaid within the same transaction. Oracle Manipulation: Feeding incorrect price data to protocols to manipulate asset values. Private Key Compromise: Direct theft of funds due to compromised user or protocol keys. Rug Pulls: Malicious developers abandoning a project and stealing users’ funds, often associated with new DeFi protocols. The interconnected nature of DeFi protocols also means that a vulnerability in one protocol can potentially have ripple effects across the ecosystem. Understanding the Landscape of Web3 Security Threats The term Web3 security encompasses more than just DeFi. It includes security challenges across NFTs, gaming, metaverses, and other decentralized applications. The rising tide of crypto scams and hacks is a broad issue affecting the entire Web3 space. Threat actors range from individual hackers to organized cybercrime syndicates and even state-backed groups. Their motivations vary, from financial gain to geopolitical objectives. The global and pseudonymous nature of cryptocurrency transactions can make tracing stolen funds and apprehending perpetrators incredibly challenging. Here’s a simplified look at the types of losses: Loss Type Description Primary Target Hacks Unauthorized access and theft from protocols or platforms. DeFi protocols, Exchanges, Bridges Scams Deceiving users into sending funds or revealing private keys. Individual users, New projects (rug pulls) While both contribute to the overall loss figures, hacks often involve exploiting technical vulnerabilities, whereas scams typically rely on social engineering or deceptive marketing. Strengthening Your Blockchain Security and Protecting Assets Given the escalating threat landscape, how can individuals and projects enhance their blockchain security and mitigate risks? It requires a multi-layered approach. For Users: Use Hardware Wallets: Store your private keys offline. Be Skeptical of Links/Offers: Avoid clicking suspicious links or participating in unrealistic giveaways (common crypto scams ). Research Projects Thoroughly: Before interacting with a DeFi protocol or investing in a new token, do extensive due diligence. Enable Two-Factor Authentication (2FA): Use it on all exchanges and platforms. Understand What You’re Signing: Be cautious when approving transactions, especially in DeFi. For Projects: Regular Security Audits: Conduct comprehensive audits of smart contracts and protocol code by reputable firms. Bug Bounty Programs: Incentivize white-hat hackers to find vulnerabilities. Implement Multi-Signature Wallets: For treasury and critical operations. Continuous Monitoring: Use security tools to monitor protocol activity for anomalies. Incident Response Plan: Have a clear plan in place in case of an exploit. Actionable Insights for Navigating the Risks The high volume of crypto hacks in 2025 serves as a stark reminder that the crypto space, while innovative, is not without significant risks. Staying informed is your first line of defense. Follow reputable Web3 security firms and news sources to understand the latest threats and vulnerabilities. For developers and project teams, prioritizing security from the design phase is paramount. Security should not be an afterthought. Investing in rigorous testing, audits, and ongoing monitoring is essential for building trust and protecting users’ funds. For users, adopting a cautious and proactive approach to managing your digital assets is non-negotiable. Treat your private keys like the keys to a physical vault. Be wary of promises that sound too good to be true – they often are the basis of crypto scams . Summary: The Urgent Need for Enhanced Security The trajectory of crypto hacks in 2025, with losses already exceeding the previous year’s total and a significant spike in April’s DeFi attacks, underscores the urgent need for enhanced Web3 security measures. While innovation in DeFi continues to push boundaries, the accompanying security risks are substantial and require immediate attention from both projects and users. By understanding the vulnerabilities, implementing robust blockchain security practices, and staying vigilant against crypto scams , the community can collectively work towards a safer decentralized future. To learn more about the latest crypto market trends, explore our article on key developments shaping DeFi security measures .
Today in crypto, Ripple reportedly made a $5 billion bid to acquire Circle, an elderly US citizen was targeted in a $330 million Bitcoin social engineering scam, and a court ruled that Tornado Cash cannot be sanctioned again. Ripple $4B-$5B bid to purchase Circle rejected — Report Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected. According to an April 30 Bloomberg report, Ripple put in a bid of $4 billion to $5 billion as part of an attempted takeover of Circle, which was rejected as being too low. Ripple hasn’t considered whether to make another bid to purchase the stablecoin issuer. The reported acquisition attempt came less than 30 days after Circle applied for an initial public offering (IPO) in the US. Cointelegraph reached out to representatives of Circle and Ripple for comment, but had not received a response from either at the time of publication. Ripple reportedly had an $11 billion valuation in 2024, an estimate CEO Brad Garlinghouse called “outdated” as of January. The blockchain company purchased prime broker Hidden Road for roughly $1.2 billion in April, claiming the move would help scale activity for XRP and XRP Ledger. $330 million Bitcoin social engineering theft victim is elderly US citizen An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X. The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin ( BTC ), valued at $330.7 million. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero ( XMR ). Onchain data shows that the victim had held over 3,000 BTC since 2017, with no prior history of large-scale transactions. ZachXBT confirming the victim of the hack. Source: ZachXBT Once stolen, the attacker wasted no time laundering the Bitcoin using a peel chain method — a common obfuscation technique in which large sums are broken into smaller, harder-to-trace chunks. “$330M in BTC was received in two transactions, then immediately distributed via peel chains,” Yehor Rudytsia, onchain researcher at Hacken, explained to Cointelegraph. “Funds started to flow into multiple instant exchanges / mixers with small amounts, then mixers were distributing funds across multiple new wallets. The biggest funnelling chain is now consists of 40+ wallets.” OFAC can’t restore Tornado Cash sanctions: Judge The US Treasury Department’s Office of Foreign Assets Control can’t reimpose sanctions against the crypto mixing service Tornado Cash , Austin federal court judge Robert Pitman has said in an April 28 judgment. He added OFAC’s sanctions on Tornado Cash were unlawful and that the agency was “permanently enjoined from enforcing” any further sanctions. OFAC added Tornado Cash to its Specially Designated Nationals and Blocked Persons (SDN) list in August 2022, accusing the protocol of helping launder crypto stolen by the North Korean hacking collective, the Lazarus Group. An excerpt from Judge Robert Pitman’s ruling. Source: CourtListener Tornado Cash users led by Joseph Van Loon then sued the Treasury, arguing the sanctions were “not in accordance with law.” The agency dropped the platform from the sanctions list on March 21 and argued that the matter was “moot” after a court ruled in favor of Tornado Cash in January. It also argued last month that there was no need for a final court judgment in the lawsuit. SEC punts decisions on XRP, DOGE ETFs The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings show. The US regulator has delayed its deadline for ruling on the proposed ETF listings until June, according to two filings reviewed by Cointelegraph. The filings were responses to March requests from US exchanges NYSE Arca and Cboe BZX Exchange to list Bitwise’s Dogecoin (DOGE) ETF and Franklin Templeton’s XRP (XRP) ETF, respectively. They came on the same day that Nasdaq, another US exchange, asked for permission to list a 21Shares Dogecoin ETF . Dogecoin is the world’s most heavily traded memecoin, with a market capitalization of around $26 billion as of April 29, according to data from CoinGecko. XRP is the native token of the XRP Ledger blockchain network. It has a market capitalization of approximately $133 billion, CoinGecko data shows. The SEC has delayed its deadline for reviewing Franklin's XRP Fund. Source: SEC
The post Worldcoin Price Forecast: Can WLD Price Regain $2 In April? appeared first on Coinpedia Fintech News Coinbase announced plans to list WLD coins on the Optimism network soon. WLD price has already broken out of a daily falling logarithmic trend amid rising demand for altcoins. Worldcoin (WLD) was one of the best-performing altcoins in the past two weeks, as Bitcoin (BTC) ‘s price rebounded above $93k. The mid-cap altcoin, with a fully diluted valuation of about $11.4 billion and a 24-hour average trading volume of around $323 million, gained more than 63 percent in the last two weeks to trade about $1.14 on Wednesday during the late North American trading session. The rising demand for altcoins in the past few weeks has seen WLD’s Futures Open Interest surge by more than 2 percent in the last 24 hours to hover around $316 million at the time of this writing. Midterm Expectations for WLD Price Since hitting its all-time high of above $10 in March 2024, WLD price has been trapped in a falling trend to date. Moreover, the WLD price, in the weekly timeframe, has formed lower highs and lower lows. WLD price recently rebounded from the lower border of the falling trend and consequently broke out of a falling logarithmic trendline. The short-term bullish sentiment for WLD is backed by the daily MACD line that recently crossed the zero line for the first time YTD. Additionally, the daily Relative Strength Index (RSI) surged above the 70 percent level for the first time YTD, thus suggesting that the WLD bulls are in control. Improving Fundamentals The Worldchain project has grown to more than 12 million unique humans and over 26 million users for the World App. The Worldcoin team has already distributed over 1.5k Orbs across over 169 countries around the world. Coinbase will add support for Worldcoin (WLD) on the Optimism network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported. — Coinbase Assets (@CoinbaseAssets) April 30, 2025 As a result of the continued growth, the WLD token has attracted significant attention from institutional investors. For instance, Coinbase Global Inc. (NASDAQ: COIN) plans to list WLD coins on the Optimism network in the near future.
Solana's price action hinted at a potential major move but the direction was unclear.
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin ( BTC ) price knocks on the door of $95,000 after starting the NY trading session with a slight sell-off to $92,910 following alarm-raising US GDP data, which showed the economy shrank in Q1 2025. The move mirrors a similar recovery seen in the DOW and S&P 500, which bounced 0.35% and 0.15% respectively at the closing bell. The quick recovery in Bitcoin price highlights the strong bid by a variety of market participants, and it lines up with the view that the April 30 GDP data could be a one-off event resulting from businesses ramping up their imports ahead of President Donald Trump’s tariffs on about 90 countries. While a shrinking economy and record-low consumer confidence are valid concerns for TradFi investors, the threat of a US recession also plays into crypto traders investment thesis which predicts that a variety of negative economic events will eventually force the Federal Reserve to cut rates and issue more dollars — a maneuver which historically has benefitted Bitcoin price. Current odds of a Fed interest rate cut have increased this week, from 59.8% on April 29 to 63.8% on April 30. Fed target rate probabilities for June 18, 2025 Fed meeting. Source: CME FedWatch According to popular X trader Skew, the bounce in Bitcoin and US stocks was partially driven by “pretty solid revenue beats from big US companies so far,” which could also “bolster some confidence in risk.” BTC/USD chart. Source: Skew / X The trader also said that Bitcoin’s, “Spot flow [was] primarily driven by passive buyers today, and price lifted with taker bid. Funding rate normalizing now after some shorts closing out.” Related: Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week Currently, $95,500 is the key level traders are watching, and many analysts believe that a sustained push through the resistance zone opens the door for a swift move back to $100,000. It’s possible that the May 2 jobs report, which will show how many jobs were added to the US economy in April, could have a slight impact on the stock market and, in turn, cryptocurrencies. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
In Uncanny Valley, Natasha Lyonne will explore the fallout from AI in a satire developed with futurist Jaron Lanier and writer-director Brit Marling.