TL;DR The non-KYC crypto exchange “eXch” announced it will shut down on May 1 after becoming the target of international investigations into alleged money laundering linked to North Korea's Lazarus Group. eXch claims its privacy-first mission is being misinterpreted and used as a weapon against decentralized projects.

The Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified as the main operator of Braiscompany, a Brazilian crypto scheme that raised over $100 million from nearly 20,000 investors.

Coinbase has clarified that its blockchain network, Base, did not officially launch a token following significant backlash over a recently shared meme coin.

Following a $1.4 billion exploit earlier this year, crypto exchange Bybit is shutting down most of its Web3 services while eXch is ceasing operations entirely.

Investors typically look for early access through pre-sales before cryptocurrencies are about to soar. These pre-sale opportunities enable investors to get into promising platforms before they are widely known. Given the many choices available, it can be quite tricky to find the right project. The leading market crypto pre-sales now include several top ones.

Crypto rugpull losses have soared 6,500% in 2025 to nearly $6 billion, with fewer but far more devastating scams—driven largely by the Mantra Network incident—highlighting the growing sophistication and impact of crypto fraud. The post Rugpull Losses Soar 6,500% in 2025 as Crypto Scams Turn Deadlier, Nearly $6B Lost – DappRadar appeared first on Cryptonews.

Altcoins are poised for a Q2 2025 rebound amid stronger regulations, rising competition, and sustainable new protocols, says Swiss bank Sygnum.

Binance has continued to be the top crypto exchange in Q1 2025 and has recorded around $8.39 trillion in volumes traded despite the challenges.

The crypto market is under bears' dominance despite the super bullish performance in 2024. With Trump's tariff introduction, macroeconomic events, and various other factors, Bitcoin, Ethereum, and most other crypto coins are struggling, except AB, a less-renowned token.

Renowned basketball player Scottie Pippen has addressed his army of followers on the social network X, making an ultra-bullish crypto market prediction. He named the date when he believes “the biggest altcoin season” will start.

President Sadyr Japarov of Kyrgyzstan has signed a constitutional law on Thursday amending the existing law on the National Bank of the Kyrgyz Republic, which was approved by the parliament on March 20, 2025.

Vietnam's Finance Minister Nguyen Van Thang met with Bybit CEO Ben Zhou on April 17 at the Ministry's headquarters to discuss potential cooperation in the digital asset space.

Cryptos are gaining legitimacy. Powell is betting on stablecoins and clear legislation, with appropriate regulations, even in the face of less optimistic economic forecasts for the United States.

The US DOJ is reassessing how digital asset fraud victims are repaid, noting that current regulations only return the asset's value at the time of loss.

To ensure the broader DeFi ecosystem thrives, the sector must focus on enhancing liquidity, stabilizing yields, and diversifying into new asset classes

The latest update from cryptocurrency exchange Binance has nabbed significant attention, offering investors a new opportunity to make returns despite the broader market uncertainty. The CEX behemoth revealed this Friday that it is opening trading for a new crypto, Balance (EPT), shortly ahead.

The platform introduces R2USD, a stablecoin backed by tokenized U.S. Treasuries, money market strategies, and rental income from real estate. It's a bold step in bridging the gap between decentralized finance (DeFi) and traditional yield-generating assets.

According to Russian authorities, the necessary steps for allocating budget funds using the digital ruble have already been completed, enabling the CBDC to be utilized for these disbursements. The Ministry of Finance has also prepared subsidies for an upcoming test.

Slovenia proposes 25% tax on crypto profits starting 2026, exempting crypto-to-crypto trades while aligning with EU standards to end tax-free gains.

A blazing Oracle Red Bull Racing F1 car races past hundreds of millions of viewers around the globe, with the Gate.io logo standing out prominently on its body. At the same time, in the digital realm, millions of Web3 users are embarking on their WCTC S7 journey, an exhilarating race in the world of global crypto trading.

Arizona's crypto reserve bill passes House committee, awaits final vote before reaching governor who has been vetoing legislation recently.

A closely followed crypto analyst believes one red-hot meme token operating on Solana (SOL) may continue soaring even higher. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) may increase by more than 47% from its current value.

EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance's Alpha and Futures platforms next week.

Yemeni citizens increasingly adopt DeFi platforms to access financial services as US sanctions against Houthis intensify, with crypto usage driven by necessity rather than speculation.

Coinbase's Layer-2 (L2) Network, Base, has faced intense backlash over rug-pull allegations after it promoted an unofficial memecoin that crashed by over 90%, sparking a debate about the future of memecoins and on-chain content. Related Reading: Aptos (APT) To Continue Moving In ‘No Man's Land' – Can It Reclaim $5?

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum.In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.

Arizona's SB 1373 advances; aims to create digital asset reserve.

Crypto rugpulls wiped out nearly $6 billion in Q1 2025, up 6,500% from just $90 million a year earlier, data shows.

Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services.

The US Department of Justice (DOJ) has initiated a review of how victims of digital asset fraud are compensated, following concerns over outdated valuation methods.

The bill now awaits a third reading and a full floor vote before reaching the governor's desk for final approval.

From regulatory shifts in the US to the heightened involvemed of BlackRock and Franklin Templeton in the RWA narrative: an insightful conversation with an industry expert.

Good Friday 2025 leaves investors in a hopeful spirit, expecting their stock and crypto market to perform well today. Since the beginning of the year, all the financial markets have been in turmoil, where billions of dollars have been lost amid the Trump trade war, but the new updates in the US-China war, Europe implementing

DeFi TVL fell by $48B in Q1 2025 as altcoins tumbled, while Bitcoin dominance rose to 59.1% amid market uncertainty and meme coin declines.

Friday has rolled around again, which means that another batch of Bitcoin options is due to expire while spot markets remain mostly sideways.

David Geffen has filed a countersuit against Justin Sun, escalating a legal battle over the ownership of a sculpture by Alberto Giacometti. The post Entertainment Mogul David Geffen Countersues Justin Sun Over Disputed Multimillion-Dollar Sculpture appeared first on Cryptonews.

MEXC Ventures has launched IgniteX, a $30 million initiative aimed at nurturing Web3 talent and driving innovation in blockchain, AI, and fintech. The five-year program will support early-stage startups, academic partnerships, and developer communities worldwide.

Kraken is cutting jobs across all departments while restructuring its workforce and preparing for a potential IPO.

Arizona's Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole.

As financial sanctions and conflict continue to destabilize Yemen's economy, ordinary citizens are increasingly turning to DeFi as an alternative to traditional banking systems. The post Yemenis Turn to DeFi as Sanctions Cut Off Traditional Banking: Report appeared first on Cryptonews.

SPAR, a global grocery retailer with a significant presence including over 13,900 stores across 48 countries in Europe, Asia, Africa, and Australia, is reportedly testing cryptocurrency payments in Switzerland. A post on Linkedin indicated that a SPAR store in Zug, Switzerland, is accepting bitcoin payments via the Lightning Network.

Crypto traders are patiently waiting for markets to move as the US President takes a swipe at the central bank chair.

Binance has maintained its position as the leading centralized exchange in Q1 2025, despite a wider market downturn and declining trading volumes. With a total trading volume of about $8.39 trillion, Binance accounted for 36.

Arizona House passes Strategic Digital Asset Reserve Act, awaiting governor's approval.

There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing. Rug pulls have dropped in frequency year-over-year, with early 2024 recording 21 separate incidents, compared to only seven so far in 2025, according to an April 16 report from blockchain analytics platform DappRadar.

Crypto exchange Binance is remodeling its attitude toward regulation, flipping the script on its former notoriety as a pain in the neck of sorts to a role as an insider policy adviser to governments worldwide. The organization currently advises governments in several countries on crypto policy, recent quotes by CEO Richard Teng report.

Privacy-focused crypto exchange eXch will shut down on May 1 after mounting international pressure over alleged ties to North Korea's Lazarus Group. The post Non-KYC Exchange eXch to Close After Scrutiny Over Alleged Lazarus Group Links appeared first on Cryptonews.

Crypto exchange Kraken has laid off hundreds of employees across various departments over the past several months as part of its strategy to streamline operations ahead of a potential U.S. IPO. The downsizing follows an earlier layoff of 400 staff membersroughly 15% of Krakens workforcein October last year, coinciding with Arjun Sethis appointment as co-CEO alongside David Ripley.