A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information.Lead plaintiff Guy Serge A. Franklin called for a jury trial as part of a complaint against Bakkt, senior adviser and former CEO Gavin Michael, CEO and president Andrew Main, and interim chief financial officer Karen Alexander, according to an April 2 filing in the US District Court for the Southern District of New York.

Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets. The seed round was led by Dragonfly Capital, with additional participation from Coinbase, Circle, Cumberland Labs, Wintermute Ventures and others, Codex told Fortune.

Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the nation's payment system, but he doubts the financial system can support a large number of these assets.

TL;DR While major stock indexes are posting losses above 3%, the crypto market is showing moderate and sustained gains. Gold, oil, and Treasury bonds are losing strength as safe havens amid uncertainty, while digital assets are quickly attracting capital.

The crypto market is reacting to Trump's trade war, with funding rates falling below 0.005%. As fears of global economic disruption rise, investors show extreme caution, sending volatility indicators flashing red.

Pump.fun's cautious livestreaming return highlights the ongoing challenge of balancing user creativity with effective content moderation. The post Pump.fun brings back livestreaming after suspending it for disturbing meme coin content appeared first on Crypto Briefing.

Pump.fun disabled the function in November 2024 after users live streamed child abuse, bestiality and other "heinous" content to boost a token's value.

Bank of New York Mellon Corp. unveiled a new blockchain-based tool Friday that posts up-to-date net asset value (NAV) data for tokenized funds directly on a blockchain. According to company officials, BlackRock will be the first client to implement this technology with their on-chain money market fund, BUIDL.

The country of Kyrgyzstan and the founder of the world's leading crypto exchange just inked a deal to advance crypto technologies in the Central Asian nation.

Ex-football player Bo Hines is in his new era — crypto — and is entering into his third month as a top crypto lead in the White House.

Malta's Financial Intelligence Authority (FIAU) fines cryptocurrency exchange OKX €1.1 million (~$1.2 million) for violations of AML in 2023.

While trade war is still weighing on investor sentiment, Sonic saw a strong rally, reaching a daily high of $0.514.

The peer-to-peer app is bringing stablecoin payments into the QR code economy.

TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), the issuer of the FDUSD stablecoin. In an April 4 statement on social media, Sun revealed that the bounty represents roughly 10% of the stolen funds.

Solana and Ethereum lead crypto's recovery narrative despite double-digit weekly losses amid Trump's tariff turmoil.

TL;DR Stablecoin supply increased by more than $30 billion in the first quarter of 2025, reaching a new all-time high despite the broader crypto market downturn. Ethereum recorded over $3 trillion in stablecoin transactions and reached a historic milestone in active stablecoin addresses, even as ETH's price dropped 45%.

Malta's Financial Intelligence Analysis Unit has ordered OKX to pay a fine of €1.1 million for failing to comply with the nation's Anti-Money Laundering standards.

The startup is building a blockchain geared for stablecoins on Optimism in a bid to boost enterprise use cases.

The precious metal initially rallied after Trump unveiled reciprocal tariffs, but has since joined the wider market sell-off.

Malta fines OKX $1.2 million for anti-money laundering violations after compliance failures.

TL;DR Lens launched its own EVM-compatible Layer 2 chain, migrating 125 GB of data from the genesis block to improve its capabilities. The network operates as a validium with Avail's data availability technology and uses ZKsync's stack to validate transactions through zero-knowledge proofs.

The U.S. Securities and Exchange Commission (SEC) has announced the date for its second roundtable on crypto regulation, continuing its effort to engage with industry stakeholders on digital asset oversight. According to a tweet from the agency, the roundtable, which is part of the SEC Crypto Task Force's ongoing series discussing crypto asset regulation, is set for April 11.

TL;DR Justin Sun accused First Digital of insolvency and of transferring $450 million without authorization, which caused FDUSD to lose its peg to the dollar. First Digital denied the accusations, processed $26 million in withdrawals, and accused Justin and Techteryx of trying to deflect attention from their own responsibilities.

Privileging U.S.-based stablecoin issuers over issuers abroad is shortsighted and will stifle innovation, says MoonPay CEO Ivan Soto-Wright.

A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million).

On the way to making decentralized finance (DeFi) more open, accessible and fair, the blockchain industry stumbled upon the very same problems that trouble the traditional financial world; but without a clear solution. High interest rates, complex repayment terms, and liquidation risks have found their way into DeFi as well, leaving borrowers burdened by the very system that was supposed to give them power.

On Friday, China's Finance Ministry confirmed that it would impose a 34% tariff on all US imports, effective April 10. The decision is a direct response to Trump's earlier move to levy a similar 34% tariff on Chinese goods, which was part of a broader push for reciprocal trade agreements.

The chairmen of the House Financial Services and Agriculture Committees outline six principles to guide digital assets legislation.

The crypto market still shows signs of weakness, with the ongoing trade war between the US and China causing volatility across risk assets. The US stock market has lost more than $3.5 trillion within two days and crypto prices also continue edging lower.

Fidelity Investments has announced the launch of three major zero-fee retirement plans that will allow US-based investors exposure to Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

As global markets reel from the United States' sweeping reciprocal tariff announcements, analysts at Nansen have issued a note urging caution. Their view: don't fight the market tape.

China has announced its retaliatory tariffs following Donald Trump's reciprocal tariffs announcement on April 2, which sent shockwaves across the globe. This move would further escalate the ongoing global trade war and could significantly impact the crypto market.

Former Binance CEO Changpeng "CZ" Zhao took on an advisory role with the Kyrgyz Republic to help guide blockchain regulation and innovation.

Even before the tariffs, it was clear that risk assets — like bitcoin and crypto — were going out of style for a lot of investors.

Experts warn that Trump's tariffs could cause a US recession by the end of 2025. In this context, asking ‘what crypto to buy' seems to be a pertinent question.

In the latest development, Malta's financial watchdog has imposed a penalty of $1.2 million on OKX, a prominent crypto exchange. The crypto trading platform faces this fine for allegedly violating the anti-money laundering rules.

The company was expected to assess the nature of risks prevalent in the services it was offering, the Financial Intelligence Analysis Unit said in a notice.

The total value locked (TVL) in decentralized finance (DeFi) has plummeted more than 30% since reaching a local high in December. The post DeFi TVL Drops Over 30% Since December Peak, Data Reveals appeared first on Cryptonews.

The year 2025 starts on a contrasting note for the crypto industry. While DeFi protocols suffer from a marked decline in their total value locked (TVL), decentralized applications, especially those focused on artificial intelligence (AI) and social networks, show solid growth.

Mark Walker's Digital Assets and Consumer Protection Act aims to address the mounting problem of crypto fraud.

BlackRock's blockchain money marker BUIDL paid out an estimated $4.17 million in investor dividends during March, Securitize said.

Despite a $30 billion surge in stablecoin supply to new record levels, cryptocurrency investors remain cautious as they await market stability amid US tariff fears.The total stablecoin supply rose by more than $30 billion in the first quarter of 2025, even as the overall crypto market capitalization fell 19%, according to a new report by crypto intelligence platform IntoTheBlock. “The correlation between crypto and stocks climbed as macro expectations quickly shifted from “golden era” optimism to tariff-led doom and gloom,” according to IntoTheBlock's quarterly report, shared with Cointelegraph.

Stablecoins are front and center of late: critical bills have made their way through US Congress, First Digital's coin briefly depegged over reserve concerns, and Coinbase's efforts to take on banks saw pushback from lawmakers — to name just a few recent headlines.Dollar-backed cryptocurrencies are under the spotlight as the market considers the role of the US dollar and the future of US economic power under the controversial policies of President Donald Trump. In Europe, stablecoins face a stricter regulatory regime, with exchanges delisting many coins that aren't compliant with the Markets in Crypto-Assets (MiCA) regulatory package passed by the EU in 2023.

A Maryland woman lost $3 million in a “pig butchering” crypto scam, where fraudsters from Southeast Asia built trust over weeks through a Korean messaging app.

The total value locked (TVL) in decentralized finance (DeFi) has experienced a significant decline, falling over 30% since its peak in December 2022.

Looming recession fears are making traders hedge their bets, as falling funding rates and other indicators show.

Crypto headlines are buzzing again. Ethereum gas fees are climbing, Bitcoin's holding firm above key support, and meme coins are pulling in wild numbers—but beneath all the noise, real projects with real value are making their moves. Those who know where to look are already watching a few names that are quietly building up steam.

TL;DR Republic has acquired INX Digital in a deal valued at up to 60 million dollars, representing a strategic move to establish itself as a leader in the regulated digital asset ecosystem. INXDF shares surged 180% after the announcement, reflecting strong market confidence in the merger.