The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Houthis.The United States Office of Foreign Assets Control (OFAC) sanctioned eight crypto addresses that data from blockchain forensic firms Chainalysis and TRM Labs had linked to the organizations. Two are deposit addresses at major crypto platforms, while the other six are privately controlled.
TL;DR Treasure DAO has laid off 15 contributors and canceled key initiatives as part of a major restructuring to reduce its $8.3 million annual burn rate. The project aims to extend its financial runway until February 2026 by withdrawing $785,000 in idle funds from Flowdesk and focusing on just four core products.
Fidelity Investments, the third largest investment manager in the world, having $7 trillion in assets, announced a new Crypto Individual Retirement Account (IRA), allowing clients to invest directly into cryptocurrencies. The move signifies a seismic shift in the retirement industry.
If Bitcoin holders were starting to look uneasy following the sweeping reciprocal tariffs that President Trump imposed on the world on Wednesday, holders of altcoins could be feeling something akin to desperation. Is crypto about to plunge even further?
Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March 3, 2025. The April 2 court filing includes 2,378 pages of invalidated claims, representing around 500,000 entries.
TL;DR U.S. lawmakers are advancing the Anti-CBDCs Surveillance State Act to block the Federal Reserve from issuing a digital dollar, citing concerns over privacy and government overreach. Critics argue that CBDCs could enable mass surveillance and centralized control, threatening individual freedoms and financial sovereignty.
Mesh, a leader in crypto payments, strengthens its commitment to the Web 3.0 ecosystem by joining Unchained Summit Dubai as a Platinum Sponsor. This partnership will fuel discussions on seamless digital asset payments and the future of decentralized finance.
Cybersecurity firm Kaspersky disclosed that hackers are utilizing malware installed in Android devices to steal crypto. The Cybersecurity firm suggested that users take caution.
The US Securities and Exchange Commission (SEC) and Gemini have requested a pause on the watchdog's lawsuit against the crypto exchange over its Earn program. This move follows the regulator's efforts to resolve most major crypto litigations outside of the Court.
Kyrgyzstan continues to solidify its position as a regional crypto hub. The country is advancing its digital asset regulation, testing legal frameworks, and launching licensed platforms.
Former New York Governor and current New York mayoral candidate Andrew Cuomo served as a paid adviser to the offshore cryptocurrency exchange OKX, according to a report by Bloomberg. Major platforms like Binance and FTX have faced intense scrutiny over compliance failures, leading to publicly chronicled billion-dollar settlements, among other consequences.
The US crypto strategic reserve may set a new standard for digital asset security, making crypto transactions safer and resilient against emerging threats.
Following President Trump's Tariff announcement that shook the markets across the world, the crypto market has plunged back into a state of “Extreme Fear,” reflecting a sharp drop in investor confidence.
Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity efforts.Zhao donated 1,000 BNB (BNB) tokens worth almost $600,000 to the disaster relief funds for the region on March 3, blockchain data shows. Zhao donates 1,000 BNB.
Kaspersky Labs uncovered a very sophisticated cyber scam involving thousands of counterfeit Android smartphones that are preloaded with the Triada Trojan malware.
Kraken announced it has officially secured a Restricted Dealer registration in Canada, reinforcing its commitment to serving Canadian crypto investors while adhering to enhanced investor protection guidelines for crypto exchanges. This follows a rigorous pre-registration undertaking process, ensuring that Kraken meets the highest industry standards in governance, security, and compliance.
Nigeria's President Bola Tinubu has signed a new law strengthening SEC oversight of cryptocurrencies and classifying them as securities.
Amid the current volatility in the cryptocurrency market, making a minor trading loss is understandable, but losing one's funds to malicious actors could be very damaging. Yet, people frequently fall victim to scammers who compromise users' online accounts, a trend Binance CEO Richard Teng just commented on.
Zodia Custody, a digital asset custody platform, and Bybit, the world's second-largest cryptocurrency exchange by trading volume, have partnered up to promote institutional crypto security, according to the reports shared with Finbold on Thursday, April 3.
The US Commodity Futures Trading Commission (CFTC) withdrew two crypto-related staff advisories in yet another shift in the country's regulatory efforts. Both decisions were effective immediately. The post US CFTC Withdraws Two Crypto Staff Advisories Due to ‘Market Maturity' appeared first on Cryptonews.
US lawmakers are moving closer to defining a national regulatory framework for stablecoins, with a major stablecoin bill advancing in Congress. On April 2, the House Financial Services Committee approved the STABLE Act of 2025 (H.R.
Binance, one of the world's largest cryptocurrency exchanges, has expanded its monitoring tags to include more crypto assets, which implies delisting risks.
The sanctioned crypto wallets were used to finance arms procument and other activities.
South Korea is progressing with its CBDC trial. Major firms like 7-Eleven are set to join the trial, and retail participation is the focus.
Collecto, the Web3 startup focused around offering fractional ownership of exclusive items such as modern art, luxury watches, etc., has successfully closed its €2.8 million seed-funding round.
Former New York governor Andrew Cuomo advised Seychelles-based OKX on policy issues and how to deal with the federal investigation. The post NY Mayoral Frontrunner Cuomo Worked as a Paid Advisor to OKX to Deal with Federal Probe: Report appeared first on Cryptonews.
On March 7, 2025, the Oval Office Crypto Summit turned heads by putting soccer front and center in the conversation. FIFA President Gianni Infantino floated the idea of a FIFA Coin to connect with the sport's five billion fans, prompting President Donald Trump to joke that it might end up being worth more than FIFA itself.
Legislator Maxine Waters claims that President Donald Trump wants to replace the US dollar with the stablecoin launched by World Liberty Finance (WLFI). Waters accuses Trump of a conflict of interest since the WLFI project is supported by his family. The representative from California Maxine Waters, member of the United States House Financial Services Committee, spoke about the proposals for stablecoin legislation.
U.S. crypto stocks declined in premarket trading on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a sell-off in riskier assets.
North Korean-linked IT workers have reportedly expanded their operations beyond the United States, targeting crypto, blockchain and web development projects in the United Kingdom and Europe, according to a new report from Google's Threat Intelligence Group (GTIG).
Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks and the final stablecoin regulations in the country.
Fidelity and Grayscale have unveiled new crypto investment products, including low-cost retirement accounts and income-generating Bitcoin ETFs.
As South Korean crypto market sets its sights on global prominence, the country's financial watchdog is considering broadening the scope for international participation. With specific anti-money laundering (AML) conditions, South Korea is opening its doors to foreign investors, allowing them to invest in the local crypto market.
The regulation of stablecoins in the United States takes an important step forward. The House Financial Services Committee has approved the bill known as the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, abbreviated as the STABLE Act. With 32 votes in favor and 17 against, the text has been promoted in committee and is set to continue its legislative process, according to what has been reported by Bloom b erg. Signed by the president of the Committee, the Republican representative French Hill (Arkansas), and his colleague Bryan Steil (Wisconsin), the bill aims to establish a comprehensive regulatory framework for the issuance and supervision of dollar-pegged stablecoins. The STABLE Act seeks to provide transparency, regulatory tools, and safeguards that allow the United States to lead financial innovation without sacrificing security and legality.
The bill reflects concern that CBDCs potentially infringe on individual privacy by monitoring transactions.
South Korea's top financial regulator is signaling a potential policy shift that could allow foreign investors to access the domestic cryptocurrency market. The post South Korea Considers Allowing Foreign Crypto Investment If AML Rules Are Met appeared first on Cryptonews.
Binance Wallet has announced its eighth exclusive token generation event, featuring omnichain liquidity protocol StakeStone. According to Binance Wallet's Apr. 3 announcement on X, the event will take place from 08:00 AM to 08:30 AM UTC.
The House Financial Services Committee advanced the STABLE Act bill with 32 votes in favor out of 49. The bill faced potential challenges from Donald Trump and family members' involvement with crypto.
They say that pride cometh before the fall, and the adage certainly proved true for the cryptocurrency – and, frankly, stock – market on April 2.
Trump family's $390 million crypto investment draws scrutiny as lawmakers question SEC about regulatory decisions that may benefit presidential interests.
The U.S. took a key step toward regulating stablecoins as the House Financial Services Committee advanced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act. The move aligns with similar progress in the Senate, setting the stage for a final bill.
Crypto markets faced heightened volatility as over $450 million in futures were liquidated within 24 hours following the implementation of new U.S. tariffs. The move, announced by President Donald Trump, included a 25% tariff on auto imports and a minimum 10% tariff on all exporters to the U.S. China was hit hardest, with tariffs on some goods rising by 50%, while Indian exports faced a 26% duty hike.
Binance Research has released a report providing a comprehensive overview of the blockchain ecosystem and the emerging trends shaping the future of cryptocurrency.
The U.S. Treasury Department has imposed sanctions on crypto addresses associated with Russia's Garantex in its latest action against the Houthis and their funding operations. The U.S.
The AI Prophecy memecoin has crashed over 70% in 3 days after Binance's adjustment of the leverage and margin tiers for ACT/USDT pair had triggered liquidations and forced sell-offs. The AI Prophecy (ACT) continues to bleed, currently trading at $0.
Trump's new tariffs, falling rate cut odds, and a looming bear flag breakdown threaten to erase crypto gains from the 2024 election rally—here's what traders need to know in April 2025.
The U.S. House Financial Services Committee passed the STABLE Act to regulate USD-pegged stablecoins despite controversy over Trump family connections to the sector.
Trump's new tariffs triggered $450M in crypto liquidations as Bitcoin fell from $88,500 to $83,500, creating market-wide uncertainty.