Archives par catégorie: Flash News

Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account. Backpack has not set a deadline for […]

American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg.  On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired a majority stake in American Bitcoin (formerly American Data Centers), whose […]

Stablecoin issuer Circle Internet Group has filed an S-1 registration statement for an initial public offering in the US, an April 1 filing with the Securities and Exchange Commission shows. The USD Coin (USDC) issuer is planning to list its Class A common stock on the New York Stock Exchange under the symbol “CRCL,” the […]

The Ethereum network’s main source of income from layer-2 (L2) scaling chains — “blob fees” — has sunk to the lowest weekly levels so far this year, according to data from Etherscan.  In the week ending March 30, Ethereum earned only 3.18 Ether (ETH) from blob fees, according to Etherscan, or approximately $6,000 US dollars […]

APX Lending, a crypto-backed loan company, has gained exemptive relief from the Canadian Securities Administration (CSA) to offer crypto-backed loans without requiring traditional dealer registration or prospectus filings. “Over the last 2 years, APX developed a […] regulatory framework in collaboration with the Ontario Securities Commission (OSC) to facilitate this, as no such framework previously […]

Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH […]

Kristin Smith, CEO of the US-based Blockchain Association, will be leaving the cryptocurrency advocacy group for the recently launched Solana Policy Institute. In an April 1 notice, the Blockchain Association (BA) said Smith would be stepping down from her role as CEO on May 16. According to the association, the soon-to-be former CEO will become […]

GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment. GoMining’s Alpha Blocks Fund comes as more companies have added […]

For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans. In a March 31 Fox News interview, Sen. Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation after two failed attempts to get the legislation through Congress […]

Asset manager Grayscale has filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, US regulatory filings show. On April 1, Grayscale submitted an S-3 regulatory filing to the US Securities and Exchange Commission (SEC), which is required to convert the non-listed fund to an ETF.  The Grayscale Digital Large Cap […]

Bitcoin (BTC) repeated earlier volatility at the April 1 Wall Street open as US trade tariff talk kept markets nervous. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin stays erratic ahead of crunch tariffs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making rapid moves within its weekly trading range of around $83,000. US stocks ticked […]

Opinion by: Dr. Michael Tabone, senior economist for Cointelegraph Bitcoin (BTC) has long been hailed as unbreakable and untouchable, a digital stronghold against the forces of change. Bitcoin’s bedrock of security is facing its first true test with quantum computing, which should be addressed sooner rather than later. Its cryptographic armor will crack if not […]

A number of altcoins and memecoins saw a sharp sell-off on April Fools’ Day, April 1, with some tokens, including Act I The AI Prophecy, dropping nearly 60% in minutes. Act I The AI Prophecy (ACT), a token associated with the eponymous project focused on artificial intelligence, plunged 58% from $0.19 to $0.08 in less […]

Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace. In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange […]

Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022. Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data. This makes the first […]

An unauthorized party withdrew approximately $70 million in digital assets from open-source payment platform UPCX, according to a security alert issued on April 1. The blockchain security firm Cyvers flagged suspicious activity involving 18.4 million UPC tokens, estimating the value of the compromised funds at around $70 million. Cyvers said someone accessed a UPCX address […]

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A former executive of the Web3 game Blade of God X (BOGX) has accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space. On April 1, BOGX’s former chief marketing officer Amber Bella claimed in an X post that despite being funded by Web3 sources, the game “completely abandoned” its […]

Japan-based Metaplanet has expanded its Bitcoin holdings, purchasing 696 BTC for 10.152 billion yen ($67 million), the company announced in an April 1 post on X. The investment pushes Metaplanet’s total Bitcoin stash to 4,046 BTC, valued at over $341 million at the time of writing. Source: Metaplanet Stock split targets investor accessibility The acquisition […]

The use of hydrocarbon fuels in mining Bitcoin has seen a sharp decline over the past 13 years, with the use of coal energy in mining dropping significantly. The share of coal energy use in Bitcoin (BTC) mining has dropped from 63% in 2011 to 20% in 2024, an average annual decrease of roughly 8%, […]