Former New York governor advised OKX over $505M federal probe: Report
Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted...
Month: April 2025
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions
A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was...
FDUSD stablecoin depegs following insolvency claims by Justin Sun
First Digital Trust has denied Justin Sun's claims of liquidity issues, saying it is part of a "smear campaign" to...
RLUSD joins Ripple Payments platform amid 118% monthly growth
Ripple has integrated RLUSD into its enterprise-grade cross-border payments platform, Ripple Payments, amid a 118% monthly growth in its market...
Trump’s targeted reciprocal tariffs cancel Bitcoin rally, erase the day’s gains
US President Donald Trump announced reciprocal tariffs against every country with a trade relationship with the US. Trump said the...
Democrat lawmakers press SEC for records on Trump family-backed World Liberty Financial
Senator Elizabeth Warren and Representative Maxine Waters requested on April 2 that the US Securities and Exchange Commission (SEC) preserve...
Compound looks to emulate Uniswap with new foundation initiative
Compound Labs, the team behind the DeFi protocol Compound Finance, is considering launching a dedicated foundation to streamline operations and...
Japanese TradFi giant eyes stablecoin launch with Ava Labs, Fireblocks
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration...
FDUSD issuer refutes Justin Sun’s insolvency allegations, calls it a ‘smear campaign’
First Digital Trust (FDT) denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills....
Nigeria’s CBN Calls 5,000 and 10,000 Naira Banknote Report ‘Fake News’
The Central Bank of Nigeria (CBN) has dismissed as fake news a report stating it issued ₦5,000 and ₦10,000 banknotes...
Trump’s Tariffs Target Global ‘Cheating’ as BTC Dips and Stocks Slide After Hours
President Donald Trump announced sweeping reciprocal tariffs on global imports and declared April 2, 2025, “Liberation Day” for American industry,...
Gold Rush 2.0: China Unearths Colossal 1,000-Ton Treasure Trove
Geologists have announced the discovery of a massive 1,000-ton gold deposit in northeastern China. Deposit Discovery Occurs Amid Gold Rally...
Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds
Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income...
Bitcoin ETFs Face Heavy Sell-Off With $158 Million Exit
Bitcoin exchange-traded funds (ETFs) extended their outflow streak with a $158 million exit, marking three straight days of declines, while...
Fidelity Launches Crypto IRAs
Boston-based Fidelity Investments, the world’s third-largest investment manager with nearly $6 trillion in assets under management (AUA) has launched new...
