Category: crypto

Tether CEO Paolo Ardoino announced a 13% increase in USDT users in the first quarter of 2025, reaching a global user base of around 400 million. Tether’s stablecoin is popular in emerging markets like Argentina, Brazil, and Nigeria, providing a digital dollar alternative to unstable national currencies. Tether is planning to launch a US-based stablecoin…

The digital asset market saw $795 million in outflows across crypto investment products last week, marking the third consecutive week of declines. Investor caution is growing due to global economic uncertainties, particularly renewed tariff tensions between the US and China. Bitcoin experienced the largest outflows, while XRP continued to attract capital.

Ethereum co-founder Vitalik Buterin emphasizes the importance of privacy in emerging crypto and AI technologies. He believes privacy is essential for decentralization, innovation, and freedom. Buterin warns of data centralization and the potential misuse of personal information by AI-driven systems. He suggests using cryptographic tools to protect user data while maintaining functionality and trust.

The OM token on the Mantra blockchain plummeted from $6.30 to below $0.50 on April 13, losing over $5 billion in market capitalization. Speculation arose about insider activity or a hack causing the crash. Mantra co-founder attributed it to forced liquidations by centralized exchanges, denying involvement from the team or investors.

The collapse of MANTRA’s OM token caused a surge in derivatives trading volume by 7,000% in just 24 hours, reaching over $6 billion. Binance and Bybit were key players in this spike. The drop in OM’s market cap to $500 million led to $76 million in liquidations. OKX and Binance faced scrutiny for their roles…

US container booking data shows a significant decrease in trade volumes post US-led global trade war. Total US import bookings fell 64% in the week after March 31, with imports from China and exports to China dropping by similar amounts. The data indicates systemic stress in the supply chain, with a shift in market dynamics…

Ahmad Shadid, Founder of O.xyz, criticizes the Department of Government Efficiency (DOGE) for cutting jobs under the pretext of efficiency. DOGE is using AI to monitor federal employees, violating privacy laws. The cuts are impacting critical areas like AI and semiconductor development. Lack of transparency and oversight raises concerns about data privacy and accountability. The…

The U.S. updated tariff guidelines exempting certain technology devices from reciprocal tariffs, including laptops, smartphones, and semiconductors. China criticized the U.S. tariffs and called for mutual respect and dialogue. Apple benefited from exemptions, but still faces challenges due to its reliance on China for manufacturing. Critics of Trump’s tariff policies remain vocal. Bitcoin market reacted…

Adrian Brink, founder of Namada, discusses how Donald Trump’s second term agenda resembles a private equity playbook, focusing on leveraging the US as a conglomerate. Trump is purging leadership, slashing costs, and using tariffs as a revenue tool to reshape America Inc. The administration aims to relist America by the midterms in 2026 through deficit-funded…

Former Binance CEO CZ agreed to assist prosecutors in case against Tron founder Justin Sun. CZ discredited WSJ report as a “hit piece” and denied informing on Sun. Sun calls CZ a mentor and friend. Sun faces SEC charges for securities violations and fraud. Negotiations for settlement ongoing. United front urged against rumors.