TL;DR DeFi Downturn: Q1 witnessed a 27% TVL decrease to $156B, with major blockchains like Ethereum (-37%) and Sui (-44%) feeling the impact, though Berachain bucked the trend with strong gains. Rising User Activity: AI protocols registered a 29% jump in daily active wallets (2.6M DUAW), while social apps climbed 10% to 2.
Tron founder Justin Sun has publicly accused First Digital Trust (FDT), a Hong Kong-based financial institution, of severe financial misconduct. FDUSD, a stablecoin from Hong Kong's First Digital, recently dropped below its $1 peg due to concerns over its reserves, falling to $0.87 against USDT and $0.76 against USDC, before it stabilised around $0.98–$0.96.
To unlock the full potential of AI in web3, we must address the payment problem head-on with intelligent stablecoins and dedicated financial infrastructure.
Police Scotland reports a 2,000% rise in cryptocurrency-related crimes since 2019, highlighting the urgent need for a dedicated crypto crime unit and advanced digital forensic technologies to combat evolving cyber-enabled fraud. The post Scottish Police Report 2,000% Surge in Crypto-Related Crimes Since 2019 appeared first on Cryptonews.
Crypto prices swung up and down before Trump's tariff news, with BTC, ETH, SOL, and XRP rising, then dropping as markets fell. But by Friday, things looked better—BTC stayed above $83,100, ETH climbed back to $1,800, and SOL, XRP, and ADA all went up over 2%.
With Bitcoin dominance over the crypto market showing subtle signs of weakening, crypto analysts are now split on when the true altcoin season will arrive.
Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global.A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of crypto trading volume, according to an announcement from the Massachusetts US Attorney's Office. In addition to a $428,059 fine, the court prohibited CLS Global from offering services in the US for a probation period of three years.
Cloud computing company Crusoe has sold its Bitcoin mining operations to NYDIG so it can pivot to focusing on AI.
The following is a guest post and opinion of John deVadoss, Co-Founder of the InterWork Alliance. Every crypto cycle brings its unique artifacts.
Republic acquires INX, enhancing access to tokenized assets and merging traditional finance with blockchain for global investors.
Maryland woman lost $3 million in crypto "pig butchering" scam as FBI warns of rising cases showing fake 80% profits.
Gemini cryptocurrency exchange is expanding to Miami's Wynwood district while resolving SEC issues and preparing for a potential IPO with Goldman Sachs and Citigroup.
Bybit has taken a significant step to enhance security by partnering with Zodia Custody.
Illinois is preparing to drop its lawsuit against Coinbase over its crypto staking program, joining a growing list of U.S. states backing away from legal action against the crypto exchange. A spokesperson for Illinois Secretary of State Alexi Giannoulias confirmed the decision, although no specific timeline was provided for when the case will be officially withdrawn.
The Depository Trust & Clearing Corporation (DTCC) has launched a new tokenized real-time collateral management platform, signaling a major institutional commitment to decentralized finance infrastructure in the United States. The initiative is built as an AppChain and represents the first industry-wide use of a blockchain-native financial network to facilitate digital asset-backed collateral operations across markets.
The Kyrgyz Republic has signed an agreement with Changpeng "CZ" Zhao, co-founder of Binance , to support the country's efforts in blockchain and digital asset development.
Scotland has recorded a staggering 2,000 percent surge in cryptocurrency-linked crimes since 2019, according to Police Scotland's latest 2025 annual report. The scale of this increase reflects the growing role digital assets now play in organised crime and fraud.
Analysts attribute the DeFi TVL fall-off to a harsh macro environment and the ecosystem's lack of accessibility.
As most Web3 projects continue to chase use cases, NeoTech is already generating them, along with revenue. The company's revenue has surpassed $1 million in Q1 2025, delivering high-precision digital twins to governments and enterprises using sub-2cm mapping accuracy.
Opinion by: Merav Ozair, PhD Tech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will claim our jobs and act as our autonomous assistants performing on our behalf in our professional and personal lives. Whether these scenarios happen in a few years or are decades away, we will most likely evolve into that future in some manner, and technology, once again, will reshape our lives.
Major cryptocurrencies like Bitcoin, Solana, and Ethereum have dropped following Trump's Liberation Day tariffs announcement. However, analysts believe a crypto rally could be on the horizon.
The crypto market has hit a rough patch, sliding to $2.65 trillion after a 1.02% dip in the last 24 hours. Bitcoin, Ethereum, and XRP had their moment earlier this week, rallying before tumbling as global markets reacted to U.S. tariff news.
AMP crypto surged by as much as 20% today, ahead of its listing on South Korea's Bithumb exchange. AMP (AMP) rose to an intraday high of $0.
The US Senate Banking Committee will conduct a confirmation hearing next Thursday, where it will question Federal Reserve Governor Michelle Bowman on her nomination to become the central bank's new Vice Chair for Supervision.
Crypto markets experienced sharp ups and downs on Wednesday and Thursday ahead of President Trump's tariff announcement, which imposed a 10% fee on all imports. Major tokens like Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP rallied before the speech but quickly dropped as global markets declined, erasing earlier gains.
Police Scotland says serious and organized crime groups are increasingly turning to cryptocurrency, contributing to a 2,000% rise in related cases since 2019.
The U.S. House Financial Services Committee has voted to advance a bill aimed at establishing a regulatory framework for stablecoins, with 32 members in favor and 17 opposed.
Lawmakers in the United States have advanced a bill opposing the creation of a central bank digital currency. On April 2, the US House Financial Services Committee passed the CBDC Anti-Surveillance State Act (H.R.
Investors are eyeing the next crypto tokens to buy as the crypto market prepares for recovery after this dump. Additionally, the anticipation of market recovery, or more specifically, crypto bull runs, are rising as the job cuts and other macroeconomic factors imply.
The upcoming Senate Banking Committee hearing on Michalle Bowman's nomination as Fed Vice Chair for Supervision is drawing intense attention from the cryptocurrency industry. If confirmed, Bowman will play a crucial role in shaping regulations on banks' involvement with digital assets. As concerns about debanking and financial oversight are mounting, crypto advocates are watching closely.
In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking to the U.S. regarding crypto and stablecoin regulation to follow suit. For stablecoins, this is a pretty straightforward matter, he assessed. Circle Believes the World Is Looking Toward the U.S.
The Commodity Futures Trading Commission (CFTC), the U.S. authority overseeing the derivatives markets, has recently announced the withdrawal of two important guidelines in the crypto sector, marking a substantial change in the regulatory approach of the United States towards the industry. The directives, withdrawn with immediate effect on March 28, were introduced at a time when the cryptocurrency industry was facing increasing scrutiny from regulators. According to what was stated by the CFTC itself, the withdrawal of the guidelines reflects the increased experience of the staff in managing derivative products based on cryptocurrencies, as well as the growth and maturity of the market.
The US House Financial Services Committee advanced both the CBDC Anti-Surveillance State Act, and the STABLE Act.
Altcoins may be gearing up for one last major rally in the current market cycle, but only those with real-world utility and strong network activity are likely to benefit. The post Analyst Predicts Final Altcoin Rally This Cycle, Utility and Network Strength Key to Gains appeared first on Cryptonews.
Online battle royale shooter Fortnite has just added a new secret “Dill Bits” server mine location to its latest map update — prompting a small spike in an otherwise obscure memecoin. Videos on social media show a new “Dill Bit” server farm location in the game — made to look like a cryptocurrency mining operation.
The first quarter of 2025 was a turbulent period for web3, with AI and social dApps gaining traction while decentralized finance suffered a sharp decline.
About 55 million Americans, or 21% of adults, now own crypto, showing its growing role in everyday financial life, a study shows. The post Over 50 Million Americans Now Use Crypto — With Most Users Seeing Value, Study Finds appeared first on Cryptonews.
The U.S. Senate Banking Committee recently held a crucial vote to advance President Trump's nominees for key financial roles. In a 13-11 party-line decision, the committee approved Paul Atkins to be the next Chair of the Securities and Exchange Commission (SEC) and Jonathan Gould as Comptroller of the Currency.
A US congressional committee has approved a bill to block the launch of a government-backed digital currency.
CZ will soon cooperate in the “development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic.” The post Kyrgyzstan President Office Signs MoU With Changpeng Zhao in Crypto Push appeared first on Cryptonews.
Gemini expands to Miami amid easing regulatory pressure while Velora, formerly ParaSwap, unveils a major upgrade to enhance DeFi trading and minimize MEV risks.
The former CEO of Binance, Changpeng Zhao (CZ) has revealed that Kyrgyzstan, a country that was originally skeptical about crypto, has adopted it.
Friday has arrived again, which means another batch of Bitcoin options is due to expire. Meanwhile, spot markets have been reeling from Trump's reciprocal tariff announcement this week.
Will Fidelity flip BlackRock's crypto dominance anytime soon?
The crypto market tumbled 3% Friday, with Bitcoin briefly dropping 6%, as Trump's new tariffs sparked fears of a global slowdown. The post Crypto Market Slides 3% As Trump's Sweeping Tariffs Rattle Assets, Recession Fears Mount appeared first on Cryptonews.
Altcoins may have just one last rally this cycle, but only those with real utility and strong network activity will see price gains, according to an analyst. “I think there will be one more breadth thrust from altcoins.
Binance is targeting untapped crypto talent through its Seeds program, offering mentorship, real-world training, and full-time roles to early-career professionals and university graduates.
Gemini, backed by Cameron and Tyler Winklevoss, intends to move into a South Florida office space as the US Securities and Exchange Commission (SEC) enforcement case may have reached its end.