Category: crypto

President Trump issued an ultimatum to China over new tariffs, warning of a 50% tariff hike if Beijing does not retract a 34% increase by April 8. Trump accused China of long-term trading abuses and suspended talks while opening negotiations with other nations. The threat led to market reactions, with U.S. equity futures and digital…

The alleged scammer behind the ZKasino rug pull has lost over $27 million in a risky Ethereum trade during market turbulence. The scammer exited a leveraged position on ETH, resulting in a significant loss. This incident follows previous exploits tied to ZKasino, causing backlash and criticism in the crypto industry.

Janover Inc., a real estate data platform, is rebranding to DeFi Development Corporation and shifting its focus to decentralized finance, starting with Solana. Former Kraken executives acquired a controlling stake, with a new treasury policy focused on digital assets. The company raised $42 million through a private sale to support this new direction.

James Murphy, also known as MetaLawMan, has filed a FOIA lawsuit against the DHS to uncover information about the identity of Bitcoin creator Satoshi Nakamoto. The lawsuit was prompted by claims made at a conference in 2019 that DHS had interviewed Nakamoto. Murphy aims to bring the truth to light through legal action.

Digital asset investment products experienced $240 million in outflows last week, with Bitcoin-based products accounting for most of the losses. This was attributed to concerns over a global trade war triggered by new US tariffs. Despite this, total assets under management remained stable, with XRP emerging as a top-performing asset with inflows of $4.7 million.

The Securities and Futures Commission (SFC) in Hong Kong has released new guidelines permitting licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services. The new rules require strict internal controls for VATPs to manage risks, avoid conflicts of interest, and ensure transparency. ETFs must disclose staking information to investors.

Arthur Hayes, co-founder of BitMEX, predicts Bitcoin’s dominance will rise to 70% amid global financial uncertainty. Stock markets worldwide have suffered due to tariffs imposed by the Trump administration, leading to panic and significant losses. Hayes believes Bitcoin will become a more significant asset in a distrustful financial system, potentially reaching $1 million.

Bitcoin experienced a sharp drop from $83,000 to $74,000 overnight, leading to over $1.36 billion in liquidations across digital asset markets. The decline was attributed to escalating trade tensions and sweeping tariffs announced by President Trump. More than 441,000 traders were liquidated, with Bitcoin and Ethereum seeing the largest losses. The market turmoil also affected…

Solana (SOL) experienced a sharp decline in the past 24 hours, falling below $100 due to market uncertainty and sell pressure. The drop wiped out leveraged positions and was attributed to concerns over global trade disputes. On-chain activity for Solana has also decreased, with a decline in key metrics and a drop in DEX market…

Aave DAO has approved a $1 million token buyback initiative to strengthen tokenomics and align incentives. Despite a 21% drop in AAVE’s market value, the proposal received overwhelming support. The program will be executed in phases, with safeguards and oversight in place. It may be extended beyond the initial six-month timeline if successful.