Category: crypto

A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the tax authority time to respond. The Federal Inland Revenue Service is seeking $2 billion in back taxes and $79.5 billion in damages. Binance is registered in the Cayman Islands and is not officially licensed in Nigeria.

Pierre Rochard announced the launch of The Bitcoin Bond Company, aiming to acquire $1 trillion in BTC by 2046 for clients. The company will offer structured finance products bridging institutional capital with Bitcoin, targeting credit allocators and risk-takers. Rochard sees Bitcoin as a strategic collateral asset with increasing market recognition.

Bitcoin has shown resilience in the face of global market volatility due to aggressive US tariffs. Despite a pullback, it has outperformed other cryptocurrencies and equities. Long-term holders are accumulating BTC, indicating potential as a safe-haven asset. Bitcoin’s correlation with equities has increased, but its correlation with gold has decreased. Its performance may hinge on…

Repayments of on-chain loans using stablecoins can indicate liquidity shifts and volatility spikes in Ethereum’s price. A recent Amberdata report found that frequent repayments correlate with increased ETH price fluctuations. Other lending metrics, such as withdrawal amounts, also impact market sentiment. Repayment activity is seen as an early indicator of changes in liquidity conditions and…

The SEC will host a crypto regulation roundtable on April 11 with executives and advocates who clashed with the agency. The session, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” signals a shift in the SEC’s strategy under Acting Chairman Mark Uyeda and Commissioner Hester Peirce’s Crypto Task Force. Panelists…

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.