Phantom wallet faces $3.1M lawsuit after security flaws allegedly enabled $500K theft, collapsing a Solana meme coin project.

Trump and Vance advocate for a trade agreement. UK prioritizes reduced tariffs.

The Financial Services Commission said that 14 crypto apps, including KuCoin and MEXC, have been removed from Apple's domestic App Store.

Cookie3, the company behind Cookie3 Analytics, KOL Intelligence, and cookie.fun, is bringing together top minds in crypto marketing for a unique, one-day event dedicated to the growing crypto marketing community. Taking place on April 30th at Warehouse Four in Al Quoz, Dubai, this exclusive gathering will run alongside Token2049 and aims to provide marketers and biz devs with a space to learn, connect, and unwind.

The total size of the crypto lending market fell to $36.5 billion in Q4 2024, down more than 40% from its all-time high in late 2021.

KuCoin, along with MEXC and 12 other crypto exchanges, have been removed from Apple's App Store in South Korea for operating without registration.

Crypto wallet provider Phantom is facing a lawsuit after an alleged security flaw allowed hackers to steal over $500,000 worth of Wiener Doge memecoin tokens. The complaint, filed on Apr.

Only 2.1% of central banks show potential interest in cryptocurrencies, down from 15.9% last year.

South Korea is cracking down on unregistered crypto platforms as a statement released on Monday revealed that the regulators have asked Apple to block 14 related apps from the local App Store in a move to tighten the oversight of illegal crypto activity and protect the users.

The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory's local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.” Palacios' letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that was hoping to launch a stablecoin.

The DeFi sector faced another major test this week as KiloEx, a newly launched perpetual trading platform backed by YZi Labs (formerly Binance Labs), suffered a coordinated exploit that drained approximately $7,000,000. The attack, which took place on 14 April, targeted BNB Smart Chain, Base, and Taiko—three blockchains central to KiloEx's multi-chain infrastructure.

The crypto lending market is showing signs of life again. Centralized finance (CeFi) and decentralized finance (DeFi) platforms are experiencing a resurgence, with the latter leading.

As global trade tensions rise, Euro-backed stablecoins like Circle's EURC are seeing rapid growth.

Changpeng Zhao refutes allegations of ties to the Federal Reserve.

Last week's tariff disruptions led to record outflows in digital assets, with Bitcoin suffering the largest losses.

Google and Apple pulled apps, including KuCoin and MEXC, after authorities flagged them for operating without proper registration.

The latest fund flows report from CoinShares reveals sustained outflows from crypto asset investment products, signaling continued caution from investors amid global economic pressures. According to the firm's data, last week marked the third consecutive week of outflows, totaling $795 million across various crypto-related funds.

The plaintiffs allege Phantom exposed users to malware and crypto theft. They are now seeking $3.1 million in damages.

Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X.

Kraken just shattered the finance status quo, unleashing commission-free trading for 11,000 stocks and ETFs alongside crypto in one seamless, all-access trading platform.

South Korean regulators have ordered Apple to block 14 cryptocurrency-related apps, including those from KuCoin and MEXC, citing violations of the countrys crypto regulations. The Financial Intelligence Unit (FIU) confirmed in a statement on Monday that these apps belong to foreign virtual asset service providers (VASPs) operating without proper registration.

The U.S. Securities and Exchange Commission (SEC) has postponed decisions on key updates proposed for several spot cryptocurrency ETFs. These updates include in-kind redemptions and Ethereum staking optionsfeatures that fund issuers hope will enhance the appeal of their products.

Vitalik Buterin, Ethereum cofounder and blockchain visionary, has shared his renewed perspective on privacy and its vital role in empowering users in the digital age. In his update titled Why I Support Privacy, Buterin stresses that privacy is not merely a tool for concealing informationit is a fundamental pillar that upholds individual freedom, social structure, and decentralized innovation.

The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024.

Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds (ETFs), expanding beyond cryptocurrency.

Beyond being speculative assets, stablecoins present certain key aspects that banks must understand.

South Korea's FIU blocks 14 unregistered crypto apps on Apple's App Store, intensifying its crackdown on foreign exchanges operating without local registration to protect users and enforce compliance with stringent regulations. The post South Korea FIU Blocks 14 Unregistered Crypto Apps on Apple Store appeared first on Cryptonews.

KiloEx, a newly launched perpetual trading platform backed by YZi Labs (formerly Binance Labs), has suffered a cross-chain exploit resulting in the theft of approximately $7 million. The attack, which began on April 14, is ongoing and has impacted operations across BNB Smart Chain, Base, and Taiko networks.

Vitalik Buterin urges the Web3 community to prioritize privacy as a core feature, highlighting its importance in safeguarding personal autonomy amid rising data risks and advancing decentralized technologies. The post Vitalik Buterin Calls for Stronger Privacy in Web3, Citing Rising Data Risks appeared first on Cryptonews.

South Korea blocked 14 unregistered crypto apps on the Apple Store, including KuCoin and MEXC.

CoinGecko conducted a recent survey on AI user opinions, particularly centered around Proof of Personhood (PoP). The overwhelming majority of users want to distinguish humans from AI and are open to adopting PoP.

South Korean crypto industry insiders have expressed dismay at lawmakers' plans to police the stablecoin industry, calling proposals “unfair.” The post South Korean Crypto Industry Smarts at Stablecoin Regulation Plans appeared first on Cryptonews.

A recent Galaxy report highlighted that despite Tether leading the crypto lending market with two other companies, decentralized applications posted nearly double the amount in outstanding loans at the end of 2024. According to the report, the crypto lending market stood at roughly $30 billion on Dec. 31, excluding collateralized debt position (CDP) stablecoins.

Bybit has responded to allegations of exorbitant listing fees and campus program misconduct, which the exchange later stood on maximum transparency in its token evaluation process. The post Bybit Denies $1.4M Listing Fee and School Promo Claims appeared first on Cryptonews.

Homeland Security's El Dorado Task Force, dedicated to fighting money laundering, initiated an investigation into Anchorage Digital Bank according to Barron's. The federally chartered crypto bank previously faced regulatory issues with the OCC and recently partnered with BlackRock for custody services worth billions. The post Homeland Security Launches Investigation Into Anchorage Digital: Barron's appeared first on Cryptonews.

The founder of the leading smart contract platform Ethereum (ETH), is making the case for crypto privacy in the face of artificial intelligence (AI). In a new blog post, Vitalik Buterin says that as AI bots get better and better at scraping data, so does the need for privacy.

Crypto investment products saw $795 million in outflows last week, pushing total withdrawals since February to $7.2 billion. Bitcoin led the exodus, but altcoins like XRP and Ondo managed modest gains. Digital Asset Outflows Hit $7.

Escalating trade wars are rattling cryptocurrency markets — but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph. On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures.

The regulator aims to make a decision regarding rule changes to allow these funds in the coming weeks, according to documents on Monday.

Kraken to offer commission-free trading on 11,000 U.S. stocks.

South Korea is expanding a ban on digital asset firms' applications servicing its citizens. On April 11, the country's Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store.

Crypto company Anchorage Digital Bank is reportedly being investigated by the Department of Homeland Security (DHS).

Kraken Co-CEO Arjun Sethi details the companies widening ambitions as they expand beyond just a cryptocurrency platform, now offering US Stocks and ETF trading. He joins Ed Ludlow and Sonali Basak on "Bloomberg Technology".

The SEC has done a lot between Gary Gensler's January departure and Paul Atkins' confirmation last week.

Crypto asset manager and research firm CoinShares says institutional investors pulled hundreds of millions of dollars out of investment products due to President Trump's “calamitous” tariff war. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products have suffered enough outflows in recent weeks to offset yearly inflows.

The US Department of Homeland Security's El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm. According to an April 14 Barron's report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies.

Visa is reportedly joining the Global Dollar Network (USDG) stablecoin consortium. The company will become the first traditional finance player to join the consortium that shares out yield to participants that create connectivity and liquidity, CoinDesk reported Monday (April 14), citing unnamed sources.

Money is approaching, or has already passed, an inflection point, depending on who you ask. Fundamentally, it is the simple fact that payments have at a minimum two sides which each must be appeased that remains core to the scalability of any payment innovation.