Category: crypto
-

Bitcoin holds steady during Good Friday market closure, macro forces shape global risk narrative
Bitcoin traded flat near $84,500 on Friday as U.S. markets observed Good Friday. Gold and oil prices surged due to various factors, while the U.S. dollar weakened. Risk assets retreated on policy and legal uncertainty, with S&P 500 futures dropping. Bitcoin remained rangebound, reflecting reduced institutional volume and absence of a dominant catalyst.
-

Former SEC lawyer warns ending SEC crypto action could trigger bank contagion
Former SEC enforcement official John Reed Stark and Duke University lecturer Lee Reiners warn that the Securities and Exchange Commission’s relaxed oversight of digital assets could lead to conditions similar to those before the 2008 financial crisis. They argue that the SEC’s rollback of crypto-specific enforcement efforts may create opaque linkages across financial institutions. Regulatory…
-

BlackRock’s BUIDL drives 92% surge in tokenized US treasury market
Blockchain-based US Treasuries are rapidly growing in value, nearing $6 billion, with Ethereum leading the sector. BlackRock’s BUIDL fund is the market leader with $2.47 billion in assets. Traditional financial institutions like Franklin Templeton and Fidelity are also entering the tokenized treasury space, signaling a shift towards embracing blockchain technology.
-

kiloEx recovers $7.5M after promising attacker 10% bounty
Decentralized exchange platform KiloEx recovered $7.5 million stolen in an exploit, traced to a vulnerability in its price oracle. The attacker manipulated prices across multiple chains. KiloEx rewarded the attacker with 10% bounty for returning funds and will not pursue legal action, fostering stronger ties with ethical hacking community.
-

Justin Sun Delivers Keynote at Liberland’s 10th Anniversary, TRON DAO Named Gold Sponsor
The Free Republic of Liberland celebrated its 10th Anniversary Conference at the Liberland Ark Village in Serbia, with TRON DAO as a gold sponsor. The event highlighted Liberland’s commitment to freedom, innovation, and blockchain adoption, with support from global figures like former President of Ecuador Rosalía Arteaga and TRON Founder Justin Sun.
-

US DOJ reviews crypto compensation rules amid valuation concerns
The US DOJ is reviewing compensation for victims of digital asset fraud due to outdated valuation methods. Investors affected by collapses of crypto platforms like FTX have only received reimbursement based on holdings at the time of claims. The DOJ is considering regulatory and legislative updates to address these issues and modernize digital asset regulations.
-

HashKey Capital breaks ground with Asia’s first XRP Tracker Fund
HashKey Capital has launched Asia’s first regulated XRP Tracker Fund, tracking the price of XRP. It is the firm’s third tracker product, with the potential to evolve into an exchange-traded fund. The fund aims to meet institutional demand for simplified access to digital assets and is benchmarked by CF Benchmarks. Ripple has provided initial capital…
-

Ripple-owned Hidden Road secures as broker-dealer license to expand institutional reach
Hidden Road, a digital asset and foreign exchange prime brokerage firm acquired by Ripple, has obtained a broker-dealer license in the US. This allows them to offer prime brokerage, clearing, and financing services across fixed-income assets, expanding their reach into traditional markets. Ripple aims to offer enterprise-grade financial tools to institutional clients.
-

Slovenia proposes legislation to impose 25% tax on gains from crypto, derivatives
Slovenia’s Ministry of Finance released two legislative proposals for public consultation to clarify and align taxation of digital assets and derivatives ahead of a planned 2026 rollout. The proposals include a 25% capital gains tax on crypto profits and a flat 25% tax rate on gains from derivatives, aiming to align with international standards and…
-

Coinbase warns of potential new crypto winter as market signals turn bearish
Coinbase’s April Monthly Outlook report suggests a new bear market for digital assets as crypto valuations decline sharply. The report warns of a potential “crypto winter” with falling prices and reduced liquidity. Technical indicators show a bearish cycle, with Bitcoin and altcoins experiencing significant losses. The market outlook remains fragile, but a potential recovery is…