Crypto Short News

A Kenyan court has ordered Sam Altman’s crypto project, World (formerly Worldcoin), to erase all biometric data gathered in the country. The High Court in Nairobi ruled that the data was collected without valid consent from the Office of the Data Protection Commissioner (ODPC) and through the use of cryptocurrency rewards, violating informed consent principles. This ruling increases global concerns over World’s data collection practices.

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Florida’s proposed Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed. The state legislature ended its 2025 session on May 2 without taking a vote on either measure. As a result, both bills were indefinitely postponed and withdrawn from further consideration. The proposals aimed to establish a Bitcoin reserve for the state, but they didn’t gain enough traction to move forward. With the session closed, any similar effort would need to be reintroduced in a future session.

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Semler Scientific has acquired 167 Bitcoins for $16.2 million, bringing its total holdings to 3,634 BTC. This acquisition places Semler as the fourth-largest Bitcoin treasury holder in the United States, demonstrating its growing commitment to the cryptocurrency market. The company’s Bitcoin holdings are now valued at over $240 million, highlighting its strategic use of digital assets as a core component of its financial portfolio.

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Ripple has partnered with Donors Choose and Teach For America to allocate $25 million, mainly in Ripple USD, to assist teachers and classrooms across the U.S. The initiative focuses on equipping educators with essential resources to enhance learning environments, helping improve education nationwide. Through this partnership, Ripple aims to create a meaningful impact by providing teachers the support they need to better serve their students and foster educational growth.

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Strategy has acquired 1,895 Bitcoin for $180.3 million at an average price of $95,167 per BTC. This purchase brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average cost of $68,550 per coin. As of May 4, 2025, Strategy reports a year-to-date Bitcoin yield of 14.0%, underscoring its continued commitment to Bitcoin as a primary treasury asset.

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VanEck, a major U.S. asset management firm, has filed an S-1 document with the U.S. SEC to launch a BNB exchange-traded fund (ETF). If approved, the ETF would allow the BNB held in the trust to be used for staking, potentially generating additional BNB or other rewards. This move highlights growing institutional interest in crypto assets beyond Bitcoin and Ethereum, while offering investors the added benefit of passive income through staking alongside price exposure.

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Binance founder Changpeng Zhao (CZ) has suggested using BNB and Bitcoin as foundational assets for Kyrgyzstan’s planned national cryptocurrency reserve. This follows his recent announcement of joining the country’s National Crypto Committee at the invitation of President Sadyr Japarov. CZ’s involvement signals growing cooperation between Kyrgyzstan and major global crypto leaders, as the country explores the integration of digital assets into its financial system. The move could pave the way for broader crypto adoption in Central Asia.

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OKX CEO Star Xu announced the relaunch of the platform’s decentralized exchange (DEX) today, now featuring a real-time abuse detection and blocking system. The DEX had been temporarily suspended on March 17 to address security concerns, specifically to prevent exploitation by the Lazarus group, a notorious hacker collective. With these new security measures in place, OKX aims to strengthen user protection and ensure a more secure trading environment on its decentralized platform.

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Tether CEO Paolo Ardoino has announced the launch of Tether AI, featuring its core product, “Personal Infinite Intelligence.” This open-source AI runtime is designed to work on any hardware or device without requiring API keys or having a central point of failure. Fully modular and composable, it integrates with Tether’s developer kit (WDK) to support payments via USDT and Bitcoin, making it a powerful tool for developers and users alike.

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Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 billion. This move marks a major step in Kyrgyzstan’s push to blend traditional wealth with digital finance through blockchain technology.

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Governor Katie Hobbs of Arizona has vetoed the state’s Strategic Bitcoin Reserve legislation, despite its approval by both the House and Senate. She expressed concerns about Bitcoin being an “untested investment,” which led to her decision to block the bill. This move halts efforts to create a state-backed Bitcoin reserve, emphasizing the uncertainty around the cryptocurrency’s long-term stability. Governor Hobbs’ veto marks a significant setback for advocates of Bitcoin adoption in the state.

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On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. TRON DAO X is currently investigating the incident and working on measures to enhance security moving forward.

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Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help Ethereum become more resilient and easier to maintain over time, ensuring the network stays strong and efficient for the long run.

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Seth Wilks and Raj Mukherjee, two key cryptocurrency policy leaders at the U.S. Internal Revenue Service (IRS), have resigned after accepting government-offered “DOGE Deferred Exit Deals.” Both joined the IRS in 2024 from the crypto industry, playing vital roles in shaping the agency’s crypto tax policies and developing the new 1099-DA tax form. Their departure marks a shift in leadership as the IRS continues to refine its approach to cryptocurrency taxation.

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The European Union is rolling out strict new Anti-Money Laundering rules that will ban privacy coins and anonymous crypto accounts starting in 2027. Under the AML Regulation (AMLR), banks, financial firms, and crypto service providers will no longer be allowed to offer or support anonymous accounts or privacy-focused cryptocurrencies like Monero and Zcash. The move aims to increase transparency and combat illicit activities in the digital asset space across all member states.

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Tether is set to launch a U.S.-based stablecoin by the end of this year, with CEO Paolo Ardoino strengthening relationships with Washington. This move comes as the political landscape shifts under Trump’s influence, paving the way for more crypto-friendly regulations. The launch of Tether’s stablecoin marks a significant step in expanding its offerings and solidifying its presence in the global crypto market.

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South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. The move raises concerns over the token’s long-term credibility in the South Korean market.

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Movement Labs has suspended co-founder Rushi Manche following a controversial token incident involving 66 million MOVE tokens being dumped on the open market. The decision comes as the company faces backlash over a market-making deal with Rentech, a shell company linked to Web3Port, which misrepresented its role. A third-party review by Groom Lake is underway to investigate the company’s governance and the events surrounding the token dump, which sparked both internal and public outrage.

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Charles Schwab, one of the world’s largest asset managers with $7.13 trillion under management, is preparing to launch spot crypto trading within the next 12 months. This move signals growing mainstream adoption of digital assets by traditional financial institutions. By entering the crypto space, Schwab aims to meet rising investor demand for easier access to cryptocurrencies. The rollout is expected to make crypto trading more accessible to everyday users through Schwab’s trusted platform. More details are expected in the coming months.

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A new statue of Bitcoin creator Satoshi Nakamoto has been unveiled in Fornelli, Italy. The statue celebrates the mysterious figure behind the world’s first cryptocurrency, Bitcoin. Located in the town’s public square, the monument serves as a tribute to Nakamoto’s revolutionary impact on the global financial system. With Bitcoin’s growing influence worldwide, this artwork marks an important cultural and historical milestone for the town and the crypto community.

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Morgan Stanley, a $1.3 trillion asset management firm, has announced plans to offer cryptocurrency trading services to ETRADE clients. This move aims to expand Morgan Stanley’s presence in the growing digital asset space and provide retail investors with access to crypto trading. By integrating crypto into ETRADE’s platform, Morgan Stanley seeks to make digital assets more accessible to a wider audience, responding to the increasing demand for crypto investment options among mainstream investors.

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At Token2049 in Dubai, Eric Trump announced that the Trump family’s World Liberty Financial USD stablecoin (USD1) has been selected as the official stablecoin for MGX’s $2 billion investment in Binance. Earlier this year, Abu Dhabi-based MGX revealed its plans to acquire a $2 billion stake in Binance. Trump also shared that the USD1 stablecoin issued by WLFI will be natively launched on the Tron blockchain, expanding its presence in the digital asset ecosystem.

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Ethena has partnered with the TON Foundation to launch its synthetic stablecoins, USDe and sUSDe, within the Telegram ecosystem. As part of the collaboration, Ethena’s products will also be integrated into Telegram’s native wallet, expanding access to stable digital assets for millions of users. Additionally, support will extend to TON-compatible wallets like Tonkeeper and TONHub, further boosting usability. This move marks a major step in making stablecoins more accessible across messaging platforms and TON’s growing blockchain ecosystem.

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Tether announced plans to launch a new stablecoin product in the United States as early as the end of 2025 or early 2026. The timeline depends on how quickly the U.S. Congress moves forward with stablecoin legislation. Tether emphasized that regulatory clarity will be key to the rollout. CEO Paolo Ardoino also highlighted that USDT, Tether’s existing stablecoin, has become one of the most successful financial products globally and a strong export from the United States.

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World (formerly Worldcoin), backed by Sam Altman, is launching in six U.S. cities, including Los Angeles and Miami. Users can earn WLD tokens by verifying their identity through the platform. The project is also introducing a Visa card linked to the World App, making it easy to spend crypto in everyday life. In addition, World is teaming up with Tinder for a pilot program in Japan to help verify real users on dating platforms.

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Roswell, New Mexico, has made history by becoming the first city in the United States to adopt Bitcoin as part of its strategic financial reserves. This move marks a bold step toward integrating digital assets into public finance. By holding Bitcoin, the city aims to diversify its treasury and position itself for long-term financial strength. Roswell’s decision reflects growing interest in Bitcoin as a hedge against inflation and a modern store of value for municipalities.

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Libre, a tokenization firm, is launching the Telegram Bond Fund (TBF) on the TON blockchain. The fund will tokenize $500 million worth of Telegram’s debt, offering accredited investors access to high-quality yield products. Backed by Telegram’s $2.4 billion in outstanding bonds, these tokenized assets can also be used as collateral for on-chain borrowing and project development on the TON network. It’s a major move bringing institutional finance directly into the crypto world.

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BlackRock has officially filed to tokenize shares of its massive $150 billion money market fund, marking a major step toward merging traditional finance with blockchain technology. The offering is specifically aimed at institutional investors, requiring a minimum investment of $3 million. This initiative highlights growing institutional interest in digital assets and blockchain’s role in the future of finance, as major players like BlackRock push the boundaries of how financial products are structured and accessed.

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Speaking at TOKEN2049, Arthur Hayes predicted Bitcoin could soar to $1 million by 2028. He pointed to expected U.S. money-printing and liquidity boosts similar to past quantitative easing as key drivers. Hayes believes these policies will weaken the dollar and push more people toward crypto. As governments inject more cash into the system, he sees Bitcoin benefiting the most. His forecast highlights growing confidence in crypto as a long-term store of value.

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PayPal has confirmed that the U.S. Securities and Exchange Commission has ended its investigation into the company’s U.S. dollar-backed stablecoin, PYUSD, without taking any action. In a regulatory filing on April 29, PayPal said the SEC notified them that the case was closed. The investigation began after PayPal received a subpoena from the SEC’s Division of Enforcement in November 2023. The news marks a positive step for PayPal’s crypto ambitions, clearing a regulatory cloud over PYUSD.

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Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, Cardone Capital joins other major institutions recognizing Bitcoin as a long-term store of value and a hedge against traditional market volatility.

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21Shares has submitted a proposal to list a spot Dogecoin (DOGE) ETF on Nasdaq, aiming to provide traditional investors with direct exposure to the popular cryptocurrency. If approved, this would be the first spot DOGE ETF in the U.S., signaling a broader acceptance of altcoins in mainstream finance. The move reflects increasing demand for diversified crypto investment products and could pave the way for more altcoin ETFs in the future, following the success of Bitcoin and Ethereum-based offerings.

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The U.S. Department of Justice is pushing for a 20-year prison sentence for Celsius founder Alex Mashinsky. Prosecutors allege that Mashinsky orchestrated a deliberate fraud that led to $4.7 billion in user losses. The DOJ claims he misled investors about the safety and profitability of Celsius’s operations, contributing to one of the crypto industry’s biggest collapses. This sentencing request marks a major step in holding crypto executives accountable amid increasing scrutiny of the digital asset sector.

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Circle, the company behind the $62 billion USDC stablecoin, has received in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority. This approval allows Circle to operate as a money services provider in the UAE, marking a major step in its Middle East expansion. The announcement comes shortly after Circle launched a new payments network to grow USDC adoption. Meanwhile, the firm remains in a quiet period following its IPO filing in the United States.

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North Carolina’s Bitcoin Reserve bill, HB 92, has cleared the Committee on Rules, Calendar, and Operations of the House. The bill allows the State Treasurer to invest up to 5% of select state funds in digital assets like Bitcoin. It also calls for a study to explore the possibility of creating a North Carolina Digital Asset Reserve. This marks a key step in the state’s push toward embracing digital assets and modernizing its treasury strategy.

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FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits against those who remain unresponsive. The company urges these parties to engage promptly to avoid further legal action.

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As of April 27, 2025, Strategy has acquired 15,355 BTC for approximately $1.42 billion, at an average price of $92,737 per Bitcoin. This move has resulted in a 13.7% BTC yield year-to-date in 2025. Additionally, strategy holds 553,555 BTC, valued at around $37.90 billion, with an average purchase price of $68,459 per Bitcoin, reflecting a strong position in the market.

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Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund on May 1. The fund targets an annual net yield of 4%-8%, with returns paid in Bitcoin. Available exclusively to institutional investors outside the U.S., it uses a basis trading strategy between spot and perpetual futures markets. Aspen Digital, among other institutions, has joined as a seed investor, reflecting strong interest from the institutional sector in Bitcoin yield products.

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Around nine hours ago, 3,520 $BTC, worth approximately $330.7 million, was suspiciously transferred from a victim’s account. The Bitcoin was swiftly swapped for Monero ($XMR) through several exchanges, causing a significant 50% increase in XMR’s price. This sudden surge in value has raised questions, with many speculating that the large transaction may have manipulated the market. The event underscores how large crypto transfers can significantly impact token prices.

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Dankrad Feist, a researcher from Ethereum, has unveiled a four-year plan to increase the blockchain’s gas limit by 100x. This ambitious move could potentially raise Ethereum’s transactions per second (TPS) to 2,000, significantly improving the blockchain’s scalability and performance. The plan aims to enhance Ethereum’s efficiency, paving the way for a more robust and faster network to handle growing demand in the crypto space.

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Nexo has officially reentered the U.S. market, offering high-yield crypto savings accounts, asset-backed credit lines, and trading and liquidity services for both retail and institutional clients. The announcement was made at a special business event, attended by figures such as Donald Trump Jr. This comes after Nexo’s partial exit in late 2022, when it stopped providing its Earn Interest product in eight states and halted new user registrations across the U.S.

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Grayscale recently met with the SEC’s crypto task force, urging for approval to allow Ethereum staking through its ETFs. The company emphasized that $61 million in rewards have been missed due to current regulations. Grayscale is requesting an update to its Form 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH). If approved, these changes would enable the company to directly earn staking rewards, optimizing potential returns for investors.

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Asset management giant BlackRock made major moves today, purchasing $240 million worth of Bitcoin and an additional $54 million in Ethereum. These large-scale acquisitions signal BlackRock’s growing confidence in the long-term value of digital assets. With institutional demand heating up, the company’s aggressive buying spree adds weight to the ongoing crypto market rally. BlackRock’s latest crypto bets may further legitimize Bitcoin and Ethereum in the eyes of traditional investors.

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Swiss National Bank (SNB) President Martin Schlegel announced at the 2025 General Assembly that the bank has rejected adding Bitcoin to its reserves. He pointed to concerns over liquidity and volatility risks as the main reasons for the decision. However, the SNB still has indirect Bitcoin exposure through its investments in companies like Tesla, MARA Holdings, and CleanSpark, as of the end of 2024. The bank remains cautious about direct Bitcoin holdings. Contine Read

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Semler Scientific has made a significant move by purchasing 111 Bitcoins for $10 million. This purchase has yielded a 23.5% return year-to-date. With this addition, the company’s total Bitcoin holdings now reach 3,303 BTC. This strategic investment showcases Semler Scientific’s commitment to expanding its cryptocurrency portfolio and capitalizing on the digital asset’s growth.

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Ethereum developers are proposing a 4x increase in the gas limit to 150M for the upcoming Fusaka hard fork. This adjustment aims to boost Layer 1 (L1) execution, enabling the network to manage more transactions with greater efficiency. By raising the gas limit, Ethereum seeks to enhance its overall performance, ensuring smoother operations and better scalability as the network evolves.

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A Bitcoin Suisse board member has proposed that the Swiss central bank consider adding Bitcoin to its reserves. The suggestion highlights the potential advantages of including the cryptocurrency in the country’s financial strategy. By diversifying its assets, the Swiss central bank could benefit from Bitcoin’s growth, reinforcing Switzerland’s role as a pioneer in adopting digital assets. This proposal reflects the increasing interest in Bitcoin as a reliable store of value.

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CME Group has announced plans to launch XRP futures on May 19, pending regulatory approval. The new offering will include both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP), giving market participants flexible trading options. XRP futures will expand CME’s crypto product lineup, which already includes Bitcoin, Ether, and recently launched SOL futures. This move signals continued growth in the cryptocurrency market, catering to institutional investors’ needs.

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Coinbase has expanded its partnership with PayPal to help drive adoption of the PayPal USD (PYUSD) stablecoin. As part of the collaboration, Coinbase will enable 1:1 conversions between PYUSD and USD across its trading and custody platforms. To encourage usage, the platform is waiving all conversion fees for both retail and institutional users. The move is designed to make PYUSD more accessible and support its integration into the broader crypto ecosystem.

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NVIDIA has clarified that cryptocurrency-related companies are not eligible for its Inception accelerator program. The program is open to startups founded within the last 10 years, but consulting firms, cloud service providers, distributors, and publicly listed companies are also excluded. This ensures the program focuses on emerging, innovative startups, providing them with the resources they need to grow and succeed.

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Upbit has announced that it will suspend Synthetix (SNX) deposits starting from April 24 at 15:00 KST. This action comes after the sUSD stablecoin failed to maintain its peg to 1 USD, causing significant volatility in the SNX token. The Digital Asset eXchange Alliance (DAXA) has also flagged SNX as an “investment warning asset,” signaling potential risks for investors. The suspension aims to protect users amid these concerns.

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Binance has confirmed that it will delist and cease trading for all spot trading pairs of four tokens: Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). This action will take effect on May 2, 2025, at 03:00 (UTC). As a result, all spot trading pairs for these tokens will be removed from the platform. Users are advised to manage their positions before the deadline to avoid any disruptions in trading.

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The New Hampshire Bitcoin Reserve Bill, HB 302, has passed the Senate Finance Committee with a 4-1 vote. This decision marks a significant step forward for the bill, which is now one step closer to becoming law. The approval demonstrates growing support for Bitcoin adoption within the state, as lawmakers continue to assess the potential benefits of establishing a Bitcoin reserve. The bill is set to move forward in the legislative process.

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Metaplanet has purchased an additional 145 BTC for around $13.6 million at an average price of $93,327 per bitcoin. This move boosts the company’s total holdings to 5,000 BTC as of April 24, 2025. The total acquisition cost is approximately $428.1 million, averaging $85,621 per BTC. Impressively, Metaplanet has achieved a 121.1% year-to-date return on its Bitcoin investments in 2025, highlighting its strong conviction and success in the crypto space.

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Binance has announced new compliance rules for its South African users, set to begin on April 30. As part of the changes, all crypto deposits and withdrawals will now require both sender and receiver information. This move is aimed at aligning with local regulatory demands. The update is part of Binance’s ongoing efforts to strengthen transparency and meet government guidelines.

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In the past 24 hours, Bitcoin’s price surged past $93,000, triggering the liquidation of over $285 million in short positions. This sharp upward movement caught many traders off guard, forcing the automatic closure of their leveraged bets against Bitcoin. The current BTC price stands at $93,642, with an intraday high of $93,723 and a low of $88,027. The massive liquidations highlight the risks of shorting in the volatile crypto market, especially as Bitcoin continues to outperform expectations.

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Trump Media has joined forces with popular crypto exchange Crypto.com to launch new exchange-traded funds (ETFs) focused on Bitcoin and crypto assets. The agreement marks a major step into the financial markets for Trump Media, signaling growing interest in digital assets from mainstream players. The partnership aims to make crypto investing more accessible and trusted through regulated ETF products. It’s a clear sign that crypto continues to move closer to the financial mainstream.

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Circle has introduced a new payment platform aimed at simplifying cross-border transactions. The platform will connect financial institutions, banks, and digital wallets, allowing them to send and receive payments in real time. It supports regulated stablecoins like USDC and EURC, making international transfers faster, cheaper, and more secure. By bridging traditional finance with digital assets, Circle is taking a big step toward modernizing global payments and boosting the adoption of stablecoin-based solutions in everyday financial services.

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South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market or on Nasdaq. Last year, Bithumb reported a net profit of $110 million, a 560% increase from the previous year.

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WazirX, a major crypto exchange, is preparing to restart its operations after suffering a massive $234 million hack. The company is currently waiting for a key court decision expected on May 13, which will determine the next steps. The platform had paused its services following the breach to ensure user safety and strengthen its systems. If the ruling goes in its favor, WazirX aims to bounce back stronger and restore trust among its users and the broader crypto community.

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Strategy, previously known as MicroStrategy, has purchased 6,556 more Bitcoin for $555.8 million at an average price of $84,785 per BTC. This brings its total holdings to 538,200 BTC as of April 20, 2025. The company has spent $36.47 billion in total, with an average purchase price of $67,766 per Bitcoin. So far in 2025, MicroStrategy has seen a 12.1% yield on its Bitcoin investment, continuing its aggressive accumulation strategy in the crypto space.

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Several major cryptocurrency companies, including Coinbase, Circle, Paxos, and BitGo, are planning to apply for banking or financial licenses to enhance their integration with the U.S. banking system. This move comes after the 2022 collapse of FTX and the closure of two crypto-friendly banks, which left the industry disconnected from traditional finance. With regulatory pressure on the rise, these companies are looking to secure more formal ties to the established financial sector.

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A group of banks, led by Deutsche Bank from Germany and Standard Chartered from the UK, is exploring the possibility of expanding their cryptocurrency operations into the U.S. This move, reported by The Wall Street Journal, highlights the growing interest among major financial institutions in the U.S. crypto space. While the exact plans are still under consideration, the expansion would mark a significant shift for these global banks into the rapidly evolving digital asset market.

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Metaplanet has added another 330 Bitcoins to its balance sheet, spending $28.2 million on the latest purchase. This move brings the company’s total Bitcoin holdings to 4,855 BTC. The firm continues to show strong confidence in Bitcoin as part of its long-term strategy. With growing interest from institutions worldwide, Metaplanet is positioning itself as a serious player in the crypto space. This latest acquisition highlights the company’s ongoing commitment to expanding its digital asset portfolio.

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Crypto exchange eXch has announced it will shut down on May 1 after being linked to North Korea’s Lazarus Group. The group is accused of laundering around $35 million tied to the $1.4 billion Bybit hack. eXch admitted to handling a small portion of the funds from the February exploit. The closure follows rising pressure and scrutiny over its alleged involvement, marking another major development in crypto-related cybercrime investigations.

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SPAR, a major supermarket chain in Switzerland, has started accepting Bitcoin payments in its stores using the Lightning Network. This move makes it easier for customers to use crypto for everyday shopping. It’s a big step toward bringing digital currencies into daily life and shows growing acceptance of crypto in Europe. As more retailers follow this trend, using Bitcoin for regular purchases could soon become the norm across the continent.

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Arizona’s Bitcoin Reserve Bill, SB 1373, has successfully passed the House Committee of the Whole. The bill is now set to move forward to the Third Reading and the final floor vote. This significant step brings Arizona closer to establishing a Bitcoin reserve, potentially strengthening the state’s role in the cryptocurrency space. If approved, this bill could have lasting implications for Arizona’s approach to Bitcoin and digital assets.

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Ethereum transaction fees have dropped to a 5-year low, now averaging just $0.168. This decline is attributed to reduced blockchain activity, with fewer users engaging in ETH transfers or smart contract interactions. Analysts believe global economic uncertainty is holding traders back. However, there’s hope that the upcoming Pectra network upgrade could boost Ethereum’s usage and lead to higher transaction volumes in the near future.

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Binance CEO Richard Teng revealed that the exchange is now advising multiple governments on crypto regulations and building national Bitcoin reserves. This comes as the U.S. under President Trump signals a shift toward more crypto-friendly policies, including plans for a digital asset framework and reserve strategy. Teng’s efforts aim to support countries looking to integrate digital assets into their economic systems, helping shape the future of crypto adoption on a global scale.

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Quantum computing firm Project Eleven has launched the “Q-Day Prize,” offering 1 BTC to the first team that successfully cracks Bitcoin’s ECDSA signature using Shor’s algorithm within a year. The competition aims to spotlight the potential risks quantum computing poses to Bitcoin’s security. If successful, approximately 6.2 million BTC (worth $500 billion) could be at risk, emphasizing the need for improved cryptographic solutions moving forward.

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Bitwise has listed four Germany-issued crypto ETPs on the London Stock Exchange, boosting access for Bitcoin and Ethereum investors. This move marks a major step in expanding Bitwise’s presence across European markets. The lineup includes BTC1, a low-cost Bitcoin ETP with a 0.20% TER, and the Bitwise Physical Bitcoin ETP, known as Europe’s most liquid Bitcoin ETP with a five-year track record. The listings offer institutional-grade investment options to a broader audience in the UK and beyond.

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The White House has announced a major hike in tariffs, imposing up to 245% duties on Chinese imports. This sharp increase is seen as a response to China’s retaliatory measures against previous U.S. tariffs. The move signals a continued tough stance by the U.S. on trade with China. It’s expected to impact global trade flows and has already drawn strong reactions from international observers, raising concerns over escalating economic tensions between the two nations.

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Gold prices continue to climb, reaching new record highs above $3,300, driven by trade uncertainties and US recession fears. Weakened confidence in US policies, particularly amid President Trump’s shifting tariffs, has further boosted demand for the safe-haven asset. Additionally, speculation that the Federal Reserve may ease policy in 2025 has pressured the US Dollar. Investors are now awaiting insights from Fed Chair Jerome Powell for further guidance. Despite overbought conditions, gold remains a favored investment amid ongoing global uncertainty.

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The Supreme Court of India has dismissed a criminal petition against WazirX and its co-founder, Nischal Shetty, related to a Rs 2000 crore cyber hack in July 2024. The petitioners accused WazirX, Binance, and Liminal Custody of negligence over Rs 4500 crore in cryptocurrencies. Over 4.4 million Indian users have had their funds stuck on the platform for 10 months. The court cited unclear cryptocurrency regulations in India as the reason for rejecting the petition. Continue To Read

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Binance has announced that, after a recent review, it will be delisting the RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC spot trading pairs. The delisting will take place on April 18 at 03:00 UTC. This decision comes as part of the exchange’s ongoing review of trading pairs to ensure a streamlined experience for its users. Traders holding positions in these pairs are advised to make necessary adjustments before the delisting occurs. Keep an eye on Binance for any further updates.

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Local governments in China are teaming up with private firms to sell seized cryptocurrencies in offshore markets, turning them into cash to bolster public funds, reports Reuters. By the end of 2023, they held about 15,000 BTC worth $1.4 billion, making these sales a vital income source. With a total of 194,000 BTC valued at approximately $16 billion, China is the second-largest Bitcoin holder globally, trailing only the U.S., and using these assets to ease economic challenges.

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Semler Scientific, a publicly traded company, has filed with the SEC to raise up to $500 million, mainly for corporate purposes, including Bitcoin purchases. Similarly, Metaplanet Inc., a Japanese firm, is raising $10 million through 0% bonds to buy more Bitcoin. These moves highlight the increasing corporate interest in Bitcoin as a key investment asset, signaling confidence in its long-term value.

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Both KuCoin and Binance are experiencing disruptions due to a large-scale AWS network outage. Binance saw issues with failed orders and temporarily suspended withdrawals, though services are now recovering and withdrawals have resumed. KuCoin assured users that their assets remain secure and data is safe, despite the temporary disruptions. Both platforms are working on resolving the issues and encourage users to stay tuned to official updates. While recovery is underway, delays may continue for some services

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On April 14, spot Bitcoin ETFs recorded a net inflow of $1.47 million, indicating investor confidence in Bitcoin despite the broader market dynamics. Meanwhile, spot Ethereum ETFs faced a net outflow of $5.98 million, extending a five-day streak of consecutive outflows. This trend highlights ongoing challenges for Ethereum-focused funds, as market sentiment continues to favor Bitcoin in the current investment climate. The continued divergence could signal shifts in investor preference between the two leading cryptocurrencies.

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Bo Hines, Executive Director of the U.S. Presidential Digital Asset Advisory Committee, emphasized the need for the U.S. to act quickly to stay competitive in Bitcoin. In a Thinking Crypto interview, he proposed creating a national strategic Bitcoin reserve through budget-neutral methods and suggested exploring alternative funding options, such as using tariff revenues. Hines’ statements reflect the urgency of strengthening the U.S.’s position in the global Bitcoin market.

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A Swedish Member of Parliament has officially requested a review on the establishment of a national strategic Bitcoin reserve. This proposal aims to assess the potential benefits and risks of adding Bitcoin to the country’s financial strategy. The move reflects growing interest in digital assets and their role in strengthening national economies. If approved, the review could mark a significant shift in Sweden’s approach to cryptocurrency and its potential as a reserve asset.

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Visa is joining the Global Dollar Network (USDG), a stablecoin consortium led by Paxos. This group also includes major players in the cryptocurrency and fintech sectors, such as Robinhood, Kraken, and Galaxy Digital. The move reflects Visa’s growing involvement in the digital asset space and highlights the increasing collaboration between traditional financial institutions and crypto-focused companies. The USDG consortium aims to advance stablecoin adoption and create a secure, regulated digital dollar ecosystem.

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Strategy has added 3,459 Bitcoin to its holdings, spending approximately $285.8 million at an average price of $82,618 per BTC. This move has resulted in a 11.4% BTC yield year-to-date (YTD) for 2025. As of April 13, 2025, MSTR’s total Bitcoin holdings have reached 531,644 BTC, acquired for around $35.92 billion, at an average price of $67,556 per Bitcoin. This strategic investment continues to strengthen the company’s position in the growing crypto market.

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Bhutan’s Prime Minister is making headlines by urging governments around the world to embrace Bitcoin mining. He believes it’s a smart move that can bring long-term benefits to national economies. Highlighting Bhutan’s own efforts in the space, the PM sees Bitcoin mining as a forward-thinking strategy every country should consider. His message is clear: instead of ignoring digital assets, nations should explore their potential and get ahead in the growing crypto-powered economy.

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Trump’s World Liberty recently spent 775K USDC to buy 4.89M SEI tokens. This brings the total spent on 11 different tokens to $346.8M. However, the investment strategy hasn’t paid off, with World Liberty’s holdings now in the red, showing a total loss of $145.8M. Despite the losses, their current holdings are worth $102,180,717.87. The strategy has led to tough times in the market for World Liberty.

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Metaplanet has just expanded its Bitcoin stash by buying an additional 319 BTC worth $26.3 million. This latest purchase brings the company’s total Bitcoin holdings to 4,525 BTC. The move highlights Metaplanet’s growing confidence in Bitcoin as a long-term store of value. As more companies turn to Bitcoin as a treasury asset, Metaplanet continues to lead the charge, showing a strong commitment to the crypto space and its future potential.

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On April 12, 2025, Pi Coin saw a sharp price increase, climbing over 23% amid growing excitement around a potential Binance listing. A recent community poll revealed that 86% of respondents support the listing, fueling investor optimism. Analysts suggest that if Binance proceeds with the listing, Pi Coin’s value could soar, potentially reaching $10. This surge is further bolstered by Pi Network’s expanding ecosystem and strong community backing, positioning Pi Coin as a noteworthy contender in the cryptocurrency market.

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A lone miner has made headlines by mining a full Bitcoin block on their own, earning an impressive $250,000 reward. This achievement showcases the intricate process of Bitcoin mining, where participants solve complex puzzles to secure digital transactions. Unlike pooled mining, solo efforts demand significant technical skill and persistence. The milestone emphasizes that individual miners, despite fierce competition from larger operations, can still capture substantial gains in the volatile yet promising world of cryptocurrency.

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Tether Treasury has issued 1 billion $USDT, valued at around $999.4 million. This move expands the total supply of Tether, the world’s largest stablecoin by market capitalization. As $USDT remains crucial for liquidity in the crypto world, this move could impact overall market dynamics. The fresh issuance reflects Tether’s ongoing role in supporting the growing demand for stable digital assets.

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Trump’s World Liberty wallet recently spent $775K in USDC to purchase 4.89 million SEI tokens. This brings the wallet’s total crypto spending to a whopping $346.8 million across 11 different tokens. However, not one of those investments is in profit. In fact, the wallet is currently sitting on a total unrealized loss of $145.8 million. Despite the red portfolio, it continues to make bold moves in the crypto market.

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On April 11, Bitcoin spot ETFs recorded a net outflow of $1.03 million, marking their seventh straight day of losses. Ethereum spot ETFs were hit even harder, with a net outflow of $29.2 million — their fourth consecutive day of outflows. The ongoing streaks suggest growing investor caution in the crypto ETF space. With both Bitcoin and Ethereum seeing consistent withdrawals, market sentiment appears to be shifting toward a more risk-off approach.

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WazirX has once again postponed the distribution of its remaining user funds, pushing the timeline to May 2025. This marks another delay in the ongoing process, leaving many users waiting longer than expected. The exchange cited internal reasons for the setback but did not provide detailed explanations. Users who have been anticipating the release of their funds will now need to wait an additional month as the new distribution plan takes shape.

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World Liberty Financial (WLFI), a cryptocurrency initiative tied to the Trump family, has strongly denied reports of selling $8 million worth of Ethereum earlier this week. The claims surfaced after blockchain intelligence platform Arkham flagged a wallet allegedly linked to WLFI for dumping ETH during a price dip to $1,465. In response, a WLFI spokesperson clarified, “No assets have been sold. The claims are completely false, and any speculation is inaccurate.”

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President Donald J. Trump has officially signed a resolution into law repealing the IRS’s controversial DeFi Crypto Broker Rule. This historic move marks the first time a U.S. president has signed a crypto-related bill into law. The rule, which targeted decentralized finance platforms, faced strong opposition from both sides of the aisle. With bipartisan support, the repeal is seen as a major win for the crypto industry and a step toward more innovation-friendly regulation. Contine To Read

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On April 10, 2025, Florida’s House Insurance and Banking Committee unanimously approved House Bill 487, also called the Strategic Bitcoin Reserve Bill, allowing public funds to be invested in Bitcoin. With zero opposition in the committee, the bill now moves to the full legislature for further debate. While it hasn’t become law yet, this marks a major step toward legitimizing Bitcoin as part of Florida’s financial future and could influence other states to follow suit.

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VanEck has filed a request to launch an $AVAX ETF on Nasdaq, aiming to expand access to the Avalanche blockchain. As the cryptocurrency market continues to grow, the proposed ETF would provide investors with an easy and regulated way to invest in $AVAX. The move highlights the increasing interest in cryptocurrency-based investment products and reflects the growing demand for exposure to decentralized finance. If approved, this ETF could open up new opportunities for crypto investors.

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U.S. inflation has decreased to 2.4%, coming in lower than the anticipated 2.5%. This marks a drop from the previous 2.8%. The decline in inflation signals a positive shift in the economy, offering relief to consumers and businesses. The latest figures indicate that inflationary pressures are easing, with the economy showing signs of stabilization. Analysts are hopeful that this trend will continue, benefiting both households and the broader market in the coming months.

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OpenSea, the leading NFT marketplace, is urging the U.S. Securities and Exchange Commission (SEC) not to classify NFT platforms under federal securities laws. The company argues that NFTs are digital collectibles, not investment contracts, and regulating them like traditional securities could hurt innovation in the Web3 space. OpenSea believes NFT marketplaces should be treated differently from stock exchanges and wants clear, tailored rules to support responsible growth without stifling creativity or technology in the NFT sector.

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Pakistan is planning to use its surplus electricity to fuel Bitcoin mining operations. The goal is to turn unused energy into profit by entering the fast-growing crypto space. This move could open new revenue opportunities, support the country’s digital growth, and make better use of excess power. It also positions Pakistan to attract crypto investments while reducing energy waste — a smart step toward embracing the future of blockchain and digital finance.

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Binance has announced the launch of LDUSDT, its second yield-bearing stablecoin. Designed for both earning and utility, LDUSDT allows users to generate passive income while also using it as collateral across supported platforms. This move aims to bridge stablecoin stability with DeFi functionality, giving users more flexibility and value. With LDUSDT, Binance continues pushing the boundaries of what stablecoins can offer in the evolving digital finance world. It’s a smart blend of earning potential and usability in one token.

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