Seized cryptocurrencies are becoming a growing source of revenue for local Chinese governments, despite the country's ban on crypto trading.

Crypto exchange OKX has officially relaunched its operations in the United States, introducing a centralized trading platform, a new Web3 wallet, and a fresh leadership team, according to an April 16 statement shared with CryptoSlate.

Layer 2 payments blockchain Fuse has announced a partnership with Check Point Software Technologies Ltd. (NASDAQ: CHKP) to develop and deploy a real-time threat prevention security layer for its blockchain.

The founder of a leading digital asset investment firm has raised significant concerns over the reliability of crypto token pricing, citing widespread manipulation between market makers and centralized exchanges (CEXs).

Yesterday morning, hackers broke into Government Minister Lucy Powell's X account to promote a crypto scam coin dubbed ‘House of Commons Coin' or $HCC. The fraudster(s) falsely claimed that it was an official House of Commons initiative, describing it as ‘a community-driven digital currency bringing people's power to the blockchain.

OKX, a cryptocurrency exchange based in Seychelles, is extending its reach into the United States with a new regional office in San Jose, California.

Bybit's highly anticipated PAWS airdrop took a chaotic turn right when the Solana-based meme coin was at the cusp of its official launch on April 16, 2025.

XYO, the blockchain industry's first DePIN project, with 80% of its users coming from outside the crypto space, is migrating its XYO Network ecosystem to its own DePIN, RWA, AI and data-focused L1. The network launched in 2018, predating the term DePIN, and is designed to enhance the validity, certainty, and value of real-world data, AI-training data, and virtually any other kind of critical data.

The cryptocurrency landscape is continually shaped by groundbreaking narratives, and among the most structurally transformative are those centered on public blockchains. From Bitcoin's genesis, which established the foundation for decentralized finance, to Ethereum's smart contract functionality catalyzing the DeFi Summer, and Solana's innovation in high-performance chains, each iteration of blockchain technology has driven industry-wide evolution.

The next crypto winter has probably already started, and the signs are everywhere, according to a report released by Coinbase on Tuesday.

Italy's minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump's tariffs, citing the potential for these crypto assets to undermine the euro's dominance in cross-border payments.Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins present an “even more dangerous” threat to European financial stability, according to a Reuters report. US stablecoins allow users to invest in a widely accepted method for cross-border payments without opening a US bank account, Giorgetti said.

AI-focused crypto tokens are seeing a dip as Nvidia, the top AI chipmaker fueling the space, could soon take a major financial hit due to new U.S. export restrictions.

Hong Joon-pyo, a presidential primary candidate for the country's right-wing party, previously called for pro-innovation policies.

South Korean candidate Hong Joon-pyo says he'll scrap crypto rules like U.S. President Donald Trump did, aiming to make blockchain a key industry.

Researchers have warned of a new vulnerability affecting certain crypto hardware wallets that allows attackers to privately sign unauthorized Bitcoin transactions and steal private keys.

The U.S. SEC has officially closed its investigation into NFT gaming project CyberKongz, four months after the project was hit with a Wells notice over its ERC-20 token integration.

Enclave Markets has announced the launch of EnclaveX, the first permissionless and fully encrypted exchange (FEX). The perpetual futures exchange will allow and trader with a non-sanctioned wallet to get access to fully-encrypted trading, as well as deep liquidity pools, advanced execution tools, and cross-chain trading.

Bybit is reversing and reissuing all PAWS tokens after botching the airdrop, leaving users angry and waiting for answers.

Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO.

Chinese local governments have been selling confiscated crypto assets amid a slowing economy, Reuters reported.

Amid mounting economic challenges and a growing pile of confiscated cryptocurrencies, local governments in China are increasingly liquidating seized digital assets to bolster strained public finances.

Barely two months after paying a steep fine to the Department of Justice (DOJ), OKX is ready to begin fresh operations in the US. This time, the Seychelles-based cryptocurrency exchange is willing to operate by the book and will launch a headquarters in California.

The collaboration aims to leverage Bleap's technology to enable other wallet providers to integrate with Mastercard's payments network.

For years, the cryptocurrency space has battled allegations that its ecosystem can come across as abstract and inaccessible to the everyday end-user. While blockchain payment and financial solutions can promise decentralization and ownership, they frequently suffer from clunky user experiences and steep onboarding curves.

MEDIA took a nosedive today, dropping over 60% after Coinbase officially delisted the token from all its platforms. Media Network (MEDIA) sank to as low as $1.

The executive power in Russia has prepared a set of legal procedures that would allow law enforcement officials to confiscate crypto assets as part of criminal proceedings.

The team behind the official TRUMP meme coin sparks rug pull concerns among traders after removing $4.6 million from its liquidity pool ahead of a $320 million token unlock.

The United Arab Emirates Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. Closing the Insurance Gap The United Arab Emirates (UAE) Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance.

OKX (CRYPTO: OKB), one of the biggest cryptocurrency exchanges in terms of daily trading volume, announced its entry into the U.S. market Tuesday by setting up a new regional headquarters in San Jose, California. What Happened: OKX's expansion plan includes not only setting up a new base but also extending the reach of its platform and native OKX Wallet to U.S.-based cryptocurrency traders.

Bitcoin and other major cryptos like Ether, XRP, Solana, Dogecoin and Cardano also dropped over 3% early Wednesday as traders booked profits after Tuesday's price rally. The total crypto market cap fell over 4% in the past 24 hours to $2.73 trillion as per data from Coingecko.

Yesterday, the executive director of Donald Trump's digital asset advisory board, Bo Hines, stated his intention to fund the creation of a strategic crypto reserve with part of the tariffs collected on imports. He said it during an interview with Anthony Pompliano aptly titled “America Is Going ALL-IN On Bitcoin“.

CBEX, a self-proclaimed digital asset trading platform, is now at the center of one of the largest financial scams in Nigeria's history. Thousands of investors have been left penniless.

XRP and multi-asset funds outperformed most crypto investments products last week.

The crypto exchange has established a regional headquarters in San Jose, California. It also appointed Roshan Robert as CEO of its US operations.

After a $500 million settlement with the Department of Justice earlier this year, OKX crypto exchange has formally resumed operations in the U.S. The relaunch was announced via press release on Apr.

OKX, the Seychelles-based cryptocurrency exchange that ranks as one of the world's largest, is making its official entry into the United States. Roshan Robert, former executive at recently Ripple-acquired Hidden Road, and now new chief executive officer of OKX US, announced this on April 16.

Italian Economy Minister Giancarlo Giorgetti warns that dollar-based stablecoins pose a greater threat to the euro's standing than trade disputes.

Coinbase has warned that weakening technicals and macro pressures may signal the start of a new crypto winter, with key indexes slipping below critical support levels. The post Coinbase Alerts Market to Possible Crypto Winter Ahead appeared first on Cryptonews.

Coinbase called on Australia to back crypto reform in the May 3 vote, warning lack of regulation is driving talent and capital offshore.

The global trade war and negotiations are expected to drag on longer as China and the U.S. remain in impasse mode. Europe has found itself on thin ice as China makes progress in negotiations, while the U.S. side stalls.

Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr.

Germany's Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation's new government. The political party, once a leader in advocating hardline regulations against digital assets, now seeks to transform Germany into a Bitcoin business hub, recent reports indicate.

China cracks down hard on cross-border crypto fraud, jailing fraudsters in a major blow to digital crime targeting Indians.

The US SEC has closed its investigation into Ethereum-based NFT project CyberKongz without taking enforcement action. The post SEC Closes Investigation Into NFT Gaming Project CyberKongz appeared first on Cryptonews.

Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country's ban on crypto trading and exchanges.The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 report. Chinese local governments are using private companies to sell seized cryptocurrencies in offshore markets in exchange for cash to replenish public coffers, Reuters reported, citing transaction and court documents.

China's mounting stash of seized crypto is pushing local authorities and regulators to seek clearer rules for its disposal. The post China Grapples With What to Do With Seized Crypto Stash appeared first on Cryptonews.

For the first time in history, dapps are generating more revenue than blockchains, raising questions about the real value of the latter without the former, and how this trend could accelerate the rise of appchains.