Category: crypto
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Justin Sun accuses WLFI of hidden token freeze backdoor
Justin Sun accused World Liberty Financial of hiding blacklist controls that could freeze token holders’ wallets. Onchain data tied the project to large token-backed borrowing, drawing criticism. Sun claimed the project had a backdoor blacklisting function and accused WLFI of violating investor rights and blockchain standards. Token prices fell, adding pressure to the project.
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President Trump threatens Navy blockade over Strait of Hormuz
President Trump announced that the US Navy will start blockading ships entering or leaving the Strait of Hormuz immediately. He mentioned interdicting vessels paying tolls to Iran, linked the blockade to tensions with Iran, and expressed a goal of stopping “world extortion.” The move is part of broader efforts to address the Iran crisis.
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BNB Chain warns of mandatory update before April 28 fork
BNB Chain has instructed node operators to update to BSC v1.7.2 before the Osaka/Mendel hard fork on April 28. The upgrade adds stability, gas limits, and finality. Operators must replace binaries correctly to prevent node sync issues. The network adopted nine BEPs, including BEP-652, for the upgrade. Testnet improvements preceded the mainnet launch.
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Why Pavel Durov says deleted Signal messages may not be gone
Pavel Durov warned that push notifications can expose message data even after users delete chats and apps. Reports of the FBI retrieving deleted Signal messages from iPhone notification logs led to concerns about metadata and data storage. Interest in decentralized messaging apps increased due to bans and internet restrictions affecting communication access.
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Binance tightens grip as crypto trading volume drops in Q1
Crypto exchange trading volume decreased significantly in Q1 2026 as the market cooled from its peak. Binance maintained its top position in both spot and derivatives trading despite increased competition. Perpetual futures dominated trading activity, with volume four times higher than spot trading. Overall, centralized exchange trading volume dropped by 48% from the peak in…
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CLARITY Act faces 2030 delay warning from Senator Lummis
Supporters of the CLARITY Act are warning Congress that the timeline for passing the bill is narrowing. Senator Cynthia Lummis and other crypto leaders are urging quick action, saying this may be the last chance to pass the bill until at least 2030. The Senate’s progress may depend on resolving stablecoin yield disagreements.
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Polymarket removed from Google News after brief appearance
Google briefly included Polymarket in Google News results before removing it, citing an error. Polymarket continues to expand through partnerships with Google Finance, X, MetaMask, and World App. Despite its growth, only a small percentage of traders earn steady profits. The episode highlights the challenges prediction market platforms face in gaining wider visibility.
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Ether Machine pulls plug on Dynamix SPAC merger plan
Ether Machine has decided to cancel its plan to go public through a merger with Dynamix Corporation. The proposed $1.5 billion institutional Ether fund will not launch, putting pressure on Ether treasury firms. The decision was made due to unfavorable market conditions, and a $50 million payment must be made.
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Anthony Scaramucci tells Bitcoin holders to stay calm
Anthony Scaramucci advised Bitcoin investors to remain calm despite the drop to $72,000. He emphasized that the recent sell-off changed market sentiment but did not impact Bitcoin itself. Scaramucci urged investors to focus on the long-term conviction in the asset and not make decisions based on recent losses or fear.
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Ripple warns XRP users after fake CEO Instagram account
Ripple issued a warning to the XRP community about a fake Instagram account impersonating CEO Brad Garlinghouse, promoting an XRP giveaway scam. Ripple’s David Schwartz emphasized that executives will never ask for funds online. This is part of ongoing efforts to educate users about common crypto scam tactics using Ripple’s name.