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news-imageMarch 30, 2025

Stablecoins are powering deobanks

Opinion by: Maksym Sakharov, co-founder and group CEO of WeFi The current markets are experiencing tailwinds as a result of the tariffs imposed by the US administration and retaliatory measures from trading partners. So far, however, market proponents say that Trump's tariffs are primarily a negotiation strategy, and their effect on businesses and consumers will remain manageable.
Publisher: Cointelegraph
Sentiment: Positive
General

More News Articles

Negative
cover-imageCointelegraph
April 1, 2025

Bybit to shut down NFT marketplace as trading volumes decline

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.

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Neutral
cover-imageCoinPedia
April 1, 2025

Key US Economic Events This Week: How They Could Impact Crypto

The crypto market has been on an upward trend, reaching a new high of $2.73 trillion after a shaky March. However, this week brings key US economic reports that could influence market movements. Investors are keeping an eye on employment data, manufacturing trends, and a speech from Federal Reserve Chair Jerome Powell.

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Negative
cover-imageBitcoin
April 1, 2025

Brazil Bans Retirement Funds From Investing in Cryptocurrency

The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto's “specific investment and risk characteristics” in a resolution issued on March 27.

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Positive
cover-imageBeInCrypto
April 1, 2025

New Hybrid Exchange EVEDEX Secures Funding from Exclusive $10 Billion Dollar Club

Changer Club, an exclusive club for entrepreneurs with a net worth of $5M+ in liquid assets, with ambitions to shape the future, has announced a strategic investment in EVEDEX, a next-generation decentralized exchange and decentralised financial ecosystem. This decision aligns with the club's ongoing mission to develop infrastructure for the next financial generation.

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Negative
cover-imageCointelegraph
April 1, 2025

Coinbase sees worst quarter since FTX collapse amid industry bloodbath

Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022.Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data. This makes the first quarter of 2025 the worst for Coinbase's stock performance since the collapse of FTX in November 2022.

general-iconGeneral
Negative
cover-imageCryptonews
April 1, 2025

K-pop Giant and BTS Label HYBE Abandons Blockchain Project

Major South Korean record label HYBE shutters its blockchain project Binary Korea less than three years after launching due to poor financial performance. The post K-pop Giant and BTS Label HYBE Abandons Blockchain Project appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageInvezz
April 1, 2025

Bybit shuts NFT, IDO services weeks after $1.46B hack

Crypto exchange Bybit is shutting down its NFT and inscription marketplaces just weeks after losing nearly $1.5 billion in what is believed to be one of the largest crypto heists to date.

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Positive
cover-imageCoingape
April 1, 2025

Strongest Crypto to Hold in the First Week of April

As the crypto market's volatility remains, investors' question is which to hold this week. The historical crypto market reveals that every time March had a bearish end, April turned out to be super bullish for digital assets.

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Neutral
cover-imageCryptoSlate
April 1, 2025

Backpack begins identity verification to repay FTX EU claimants

Crypto exchange Backpack has officially launched the claims process for users of the now-defunct FTX EU platform, according to an April 1 statement. BackPack CEO Armani Ferrante said: “It's been a long, complicated process with multiple parties, but we're happy to finally open up identity verification for FTX EU customers on [our website.

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Positive
cover-imageCrypto Economy
April 1, 2025

Are Stablecoin Bills the Key to Big Tech's Crypto Future? Hoskinson Thinks So

TL;DR Charles Hoskinson, founder of Cardano, claims that the approval of stablecoin legislation will open the door for major tech companies to adopt cryptocurrencies. Companies like Apple, Google, and Meta could facilitate mass adoption of crypto assets thanks to their billions of users.

general-iconGeneral
Positive
cover-imageBeInCrypto
April 1, 2025

GUNZ Token Launch: $GUN Officially Listed on Binance

GUNZ is a Layer 1 blockchain built for AAA Web3 gaming by Gunzilla Games. It supports a robust gaming ecosystem, offering tailored services for both developers and players.

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Negative
cover-imageAltcoin Buzz
April 1, 2025

SIR.trading Hack: A Costly Dencun Attack

The Dencun attack on SIR.trading exposed Ethereum Dencun upgrade vulnerabilities, disrupting DeFi. After releasing this protocol update, the attack preyed on the opportunity.

general-iconGeneral
Negative
cover-imageCointelegraph
April 1, 2025

Former Blade of God X exec claims game ‘abandoned' Web3

A former executive of the Web3 game Blade of God X (BOGX) has accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space.On April 1, BOGX's former chief marketing officer Amber Bella claimed in an X post that despite being funded by Web3 sources, the game “completely abandoned” its Web3 goals and the team working on its Web3 features. “Web3 was completely abandoned, and my Web3 team's salaries went from delayed payments to no payments at all,” Bella claimed.

general-iconGeneral
Positive
cover-imageCoingape
April 1, 2025

Grayscale Seeks to Convert Digital Large Cap Fund into ETF, Files S-3 Form

Investment giant Grayscale is set to make waves in the investment world with its proposal to launch a new exchange-traded fund (ETF). In a stunning development, Grayscale Investments submitted an S-3 form to the US Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an ETF.

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Negative
cover-imageCrypto Briefing
April 1, 2025

No April Fool's joke—Multiple altcoins suddenly tank on Binance

The sudden altcoin price drops on Binance highlight the volatility and risks in crypto markets, potentially affecting investor confidence and market stability. The post No April Fool's joke—Multiple altcoins suddenly tank on Binance appeared first on Crypto Briefing.

general-iconGeneral
Positive
cover-imageCryptonews
April 1, 2025

Kentucky Drops Crypto Staking Lawsuit Against Coinbase, Joining Vermont & South Carolina

Kentucky joins Vermont and South Carolina in dismissing lawsuits against Coinbase's staking services, signaling a growing state-level shift toward pro-crypto policies and calls for unified federal regulations. The post Kentucky Drops Crypto Staking Lawsuit Against Coinbase, Joining Vermont & South Carolina appeared first on Cryptonews.

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Neutral
cover-imageCryptonews
April 1, 2025

Vanuatu Passes Crypto Licensing and Regulation Act

Vanuatu passes strict crypto licensing and regulation act, granting the VFSC authority to oversee virtual asset service providers with severe penalties for non-compliance, aiming to attract legitimate businesses and deter scammers. The post Vanuatu Passes Crypto Licensing and Regulation Act appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCrypto Economy
April 1, 2025

Brian Armstrong Calls for Stablecoin Interest to Boost US Economy

TL;DR Armstrong Urges Reform: Coinbase CEO Brian Armstrong calls on U.S. lawmakers to update regulations, enabling stablecoin issuers to pay interest just like traditional banks. Economic Boost Potential: Allowing on-chain interest could offer returns up to 4%, significantly higher than current savings rates, thereby encouraging spending, saving, and investment.

general-iconGeneral
Positive
cover-imageCoingape
April 1, 2025

Initia Airdrop Listing Date: What Will be INIT Token Price at Launch?

The Initia airdrop details are finally out, grabbing all investors' attention for the upcoming INIT token launch. In the cryptocurrency world, airdrops are pretty popular, where users or participants earn free cryptos in return for interaction with the platform and simple tasks.

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Negative
cover-imageCoinPedia
April 1, 2025

Crypto News: Binance Users in India Receive Tax Notices Over TDS Compliance

Many Indians trading on the world's largest crypto exchange, Binance, have come under the glare of tax authorities. As reported by The Economic Times, the Income Tax (I-T) department has been investigating whether the 1% Tax Deducted at Source (TDS) levied on such transactions has been properly collected.

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Positive
cover-imageCryptoSlate
April 1, 2025

Kentucky drops Coinbase's staking lawsuit amid growing regulatory shift

Kentucky has officially dropped its lawsuit against Coinbase over the exchange's crypto-staking services. According to a joint filing submitted on March 31, the state's Department of Financial Institutions dismissed the case without prejudice, signaling a broader shift in regulatory sentiment.

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Negative
cover-imageCointelegraph
April 1, 2025

Trump-linked crypto ventures may complicate US stablecoin policy

A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump's family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty Financial (WLFI) crypto platform launched the World Liberty Financial USD (USD1) US dollar-pegged stablecoin in early March, prompting concerns over potential conflicts of interest. Despite political pushback from Democratic Party lawmakers, WLFI's stablecoin plans are in line with the current US stablecoin legislation, according to Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum.

general-iconGeneral
Negative
cover-imageInvezz
April 1, 2025

Crypto hacks hit $1.6B in Q1 2025: Bybit, Phemex among biggest victims

Crypto hacks surged to record levels in the first quarter of 2025, with losses surpassing $1.6 billion, according to fresh data from blockchain security firm Immunefi. This marks the worst quarter on record for the digital assets industry in terms of security breaches, eclipsing the $706 million lost in the same period last year.

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