Archives par catégorie: Flash News

Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit

Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina. Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April 1, ending the state’s legal action against the exchange first filed along with 10 other state regulators […]

North Korea tech workers found among staff at UK blockchain projects

North Korea tech workers found among staff at UK blockchain projects

Fraudulent tech workers with ties to North Korea are expanding their infiltration operations to blockchain firms outside the US after increased scrutiny from authorities, with some having worked their way into UK crypto projects, Google says. Google Threat Intelligence Group (GTIG) adviser Jamie Collier said in an April 2 report that while the US is […]

Bitcoin traders are overstating the impact of the US-led tariff war on BTC price

Bitcoin traders are overstating the impact of the US-led tariff war on BTC price

Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs. Some market participants claimed that Strategy’s […]

Crypto miner backs US senator's efforts to incentivize using flared gas

Crypto miner backs US senator's efforts to incentivize using flared gas

Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state. In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the number one place for Bitcoin […]

Backpack opens claims process for former FTX EU users

Backpack opens claims process for former FTX EU users

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 […]

Trump-affiliated crypto mining venture mulls IPO — Report

Trump-affiliated crypto mining venture mulls IPO — Report

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 […]

Circle officially files for Initial Public Offering with SEC

Circle officially files for Initial Public Offering with SEC

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 […]

Ethereum's weekly blob fees hit 2025 lows

Ethereum's weekly blob fees hit 2025 lows

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 gains exemptive relief from Canadian Securities Administration

APX Lending gains exemptive relief from Canadian Securities Administration

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 prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom

Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom

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 […]

Blockchain Association CEO will move to Solana advocacy group

Blockchain Association CEO will move to Solana advocacy group

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 launches $100M Bitcoin mining fund for institutional investors

GoMining launches $100M Bitcoin mining fund for institutional investors

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 […]

US lawmaker will reintroduce crypto retirement bill to help Trump agenda

US lawmaker will reintroduce crypto retirement bill to help Trump agenda

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 […]

Grayscale files S-3 for Digital Large Cap ETF

Grayscale files S-3 for Digital Large Cap ETF

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 price flips volatile as traders eye $84.5K breakout

Bitcoin price flips volatile as traders eye $84.5K breakout

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 […]

Bitcoin’s quantum-resistant hard fork is inevitable — It’s the only chance to fix node incentives

Bitcoin’s quantum-resistant hard fork is inevitable — It’s the only chance to fix node incentives

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 […]

Multiple altcoins crash on April Fools’ day, crypto market holds steady

Multiple altcoins crash on April Fools’ day, crypto market holds steady

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 […]

Bybit to shut down NFT marketplace as trading volumes decline

Bybit to shut down NFT marketplace as trading volumes decline

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 […]

Coinbase sees worst quarter since FTX collapse amid industry bloodbath

Coinbase sees worst quarter since FTX collapse amid industry bloodbath

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 […]

Hacker transfers $70M out of payment platform UPCX

Hacker transfers $70M out of payment platform UPCX

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 […]