You've heard again and again about the crypto industry “maturing.” More M&A deals are likely to be an ongoing byproduct.
Bybit Web3 will discontinue its weakest decentralized marketplaces, including its NFT and Inscriptions market, and its IDO platform.
The crypto economy climbed Tuesday, mirroring gains in equities, as markets moved in anticipation of President Donald Trump's tariff blueprint, an event many have dubbed “Liberation Day.” Wall Street and Crypto Align Ahead of April 2 Trade Shake-Up Each time Trump introduced a new tariff idea during his tenure as the 47th U.S.
European financial regulators are warning that rising crypto-asset valuations, driven by expectations of US deregulation under President Donald Trump, could pose a growing threat to global financial stability.
Financial authorities in Russia are drafting rules to govern the tokenization of various types of property and goods. Officials in Moscow have admitted they are acting in response to market demand and in the hope of attracting much-needed private investments.
Senator Gillibrand cautioned that stablecoin-earning interest could make banks irrelevant.
Nearly one-third of the South Korean population has reportedly invested in Bitcoin (BTC) and other digital assets. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reports that as of late February of this year, 16.
European regulators have identified crypto assets as a significant trend reshaping financial markets, according to a new report from the European Securities and Markets Authority (ESMA). The report emphasizes digital assets' growing influence on traditional financial systems while highlighting the need for robust regulations to protect market stability and consumers.
Mastercard is building a blockchain-enabled payment network, working with major banks to test tokenized assets and cross-border use cases. The effort reflects a measured shift as traditional finance experiments with digital infrastructure without abandoning regulatory or institutional safeguards. The post Mastercard Targets Venmo-Style Network for Blockchain Transactions appeared first on Cryptonews.
Hut 8 CEO Asher Genoot discussed in a Bloomberg interview the logic behind the newly launched American Bitcoin venture.
The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning of the year with an infusion of $31.590 billion.
Paradigm security researcher Samczsun is raising concerns that North Korea's cyber operations extend far beyond the notorious Lazarus Group.
Kraken co-CEO Arjun Sethi said tokenized equities are going to be larger than stablecoins like Tether, with futures and options on top.
Many once-popular collections like Bored Ape Yacht Club no longer generate monthly trading volumes in the tens of millions of dollars.
House Financial Services Chair French Hill said there is no consensus on Capitol Hill to allow stablecoins to generate yield for users, dismissing the pleas from industry leaders like Coinbase CEO Brian Armstrong.
The new platform will be developed on top of Mastercard's Multi-token network.
A world computer needs a memory that's not just decentralized but also efficient, scalable, and reliable. We can build it using Random Linear Network Coding (RLNC), says Muriel Médard, co-founder of Optimum, which offers memory infrastructure for any blockchain.
Monitoring social trends, whale accumulation, social dominance for FUD or FOMO, and the Mean Dollar Invested Age can help traders identify market bottoms.
Several cryptocurrency tokens plummeted by as much as 50% during a half-hour window Tuesday (April 1) on the Binance trading platform. As Coindesk reported, the event left market observers speculating whether a misconfigured trading bot could have caused the drops, though there was no immediate explanation.
The crypto world has experienced a financial earthquake. In the first quarter of 2025, hackers siphoned off $1.63 billion, shattering all records.
For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.In a March 31 Fox News interview, Sen. Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation after two failed attempts to get the legislation through Congress in 2022 and 2023.
A major data breach involving Binance and Gemini has raised alarms in the crypto community, with over 100,000 users potentially exposed.
The bankrupt crypto exchange FTX is reportedly primed to begin paying its main group of creditors at the end of May. Business restructuring lawyer Andrew Dietderich said in court last week that the payouts are scheduled to begin on May 30th, Bloomberg reports. FTX will use its $11.
Bybit shuts down its NFT and IDO platforms following a $1.5B security breach, reflecting market trends and strategic shifts to streamline offerings amid declining trading volumes and heightened security concerns. The post Bybit Shuts Down NFT and IDO Services Following $1.5B Crypto Theft appeared first on Cryptonews.
$ACT has launched an investigation after its token experienced a sharp price drop on Binance.
TL;DR Bybit will shut down its NFT marketplace, inscription platform, and IDO service on April 8, 2025, to optimize its services. The NFT market has dropped 70% in one year and over 95% since December 2024, with declining interest in speculative assets.
Taiwan is on the fast track to regulating crypto by introducing mandatory licenses for every firm trading digital assets. The Financial Supervisory Commission (FSC) and a member of the Legislative Yuan have drafted separate versions of the “Virtual Asset Service Act,” which, if enacted, would change the country's crypto framework.
Asset manager Grayscale has filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, US regulatory filings show.On April 1, Grayscale submitted an S-3 regulatory filing to the US Securities and Exchange Commission (SEC), which is required to convert the non-listed fund to an ETF. The Grayscale Digital Large Cap Fund, which was created in 2018 but is not yet exchange-traded, holds a crypto index portfolio comprising Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP) and Cardano (ADA).
Market maker Wintermute sold off huge quantities of ACT and other BNB meme coins on April 1, tanking their prices by as much as 50%. Wintermute CEO denied intentionally selling these assets and started re-buying them.
An attorney told Decrypt the act is an "innovative legal framework that streamlines the asset recovery process."
TL;DR This week, markets will be watching U.S. economic events that could influence the price of Bitcoin and other cryptocurrencies. On Tuesday, the ISM Manufacturing PMI report could indicate weakness in the manufacturing sector, which would benefit Bitcoin as a safe haven.
The crypto market recovers ahead of Trump's Liberation Day tariff announcement. Bitcoin reclaims its $84K price level with a 2.41% rise in the last 24 hours.
Though the downturn hasn't been universal, the first quarter (Q1) of 2025 has been devastating for cryptocurrency traders, with many of the biggest digital assets collapsing in value.
Binance Megadrop has announced its fourth project – KernelDAO (KERNEL), a restaking protocol supporting three key tokens Kernel, Kelp, and Gain.
After acquiring FTX EU earlier this year, Backpack became responsible for distributing court-approved bankruptcy claims.
The UPCX decentralized payment project was hacked for $70M in UPC tokens. The hacker transferred over 18.4M tokens, surpassing the current circulating supply.
TL;DR Grayscale requested the conversion of its Digital Large Cap Fund into an ETF, aiming to offer institutional investors more regulated access. Bitcoin rose 2.48% in 24 hours following the announcement, reaching $84,195.32, with a 34.7% increase in trading volume.
On March 27, the crypto market saw its total market capitalization fall by $100 billion in the span of just 24 hours. This was followed by further losses, as digital assets marked $100 billion in outflows over the course of the weekend.
A number of altcoins and memecoins saw a sharp sell-off on April Fools' Day, April 1, with some tokens, including Act I The AI Prophecy, dropping nearly 60% in minutes.Act I The AI Prophecy (ACT), a token associated with the eponymous project focused on artificial intelligence, plunged 58% from $0.19 to $0.08 in less than an hour on April 1, with its market cap shedding $96 million, according to data from CoinMarketCap. The sharp drop of ACT came along with notable red action in the altcoin market, with memecoins like sudeng (HIPPO), CZ'S Dog (BROCCOLI), Kishu Inu (KISHU), DeXe (DEXE), dForce (DF) and more seeing significant price declines.
In South Korea, the number of people holding cryptocurrency accounts has surpassed 16 million, a notable rise attributed to the boost seen after the 2024 U.S. presidential election.
There's no denying that North Korea's Lazarus Group is a threat, especially as crypto works overtime to be seen as a safe and acceptable industry (sorry degens, there are still corners for you).
SpaceX has launched a groundbreaking mission, sending a crew of four private astronauts on a trajectory never before attempted by humans—an orbit passing over both the North and South poles. The mission, named Fram2, is financed and commanded by crypto entrepreneur Chun Wang.
DWF Labs managing partner says the firm is ready to step in to help crypto projects that suffered a ‘weird dump' on Binance.
The Crocodilus malware is employing social engineering tactics and accessibility features to steal cryptocurrency wallet credentials, primarily targeting Android users in Spain and Turkey.
Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space.
A 2025 report by TRM Labs shows Russian-language darknet platforms generated over $1.7B in crypto drug revenue in 2024, with TRON, Bitcoin, and Ethereum facilitating transactions tied to synthetic opioids and cartel operations. The post Russian Language Marketplaces Remain Drivers of Crypto Drug Sales: TRM Labs Report appeared first on Cryptonews.
Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange offering initiative.
"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.