Binance co-founder Changpeng Zhao, commonly known as CZ, believes artificial intelligence (AI) projects within the crypto industry are too “profit-oriented.” Taking to social media platform X on Wednesday, CZ called out developers for focusing too much on their tokens while neglecting the actual usefulness of their AI agents.

Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification.

Zach Burks, CEO of Mintology, shared with crypto.news some sentiment on current market conditions. Burks shared, in a note to crypto.

Traders are furious at centralized exchange Binance as meme coins crash and millions of dollars of liquidations fire off.

The partnership will enable the creation of next-generation applications that combine Web2 speed and scalability with Web3's decentralization and composability.

Investor Chris Burniske says the recent controversies surrounding memecoin launches have created an ideal opportunity for traditional financial (TradFi) firms to penetrate the crypto market.

Grayscale filed an S-3 form with the SEC on April 1 to convert GDLC into an ETF. The SEC's final decision deadline for GDLC's ETF conversion is July 2.

Dojima Foundation, the team behind the Omnichain Web, is partnering with Linera, a Layer 1 blockchain optimizing real-time applications, to introduce the Builder Marketplace. Builder Marketplace is a composable application layer that helps developers scale and connect Web3 applications across multiple networks, enhancing interoperability.

President Donald Trump's decision to create an official U.S. government crypto reserve has sparked huge excitement. With the Treasury Department and federal agencies set to reveal their digital asset holdings, including Bitcoin, on April 5, all eyes are on which cryptocurrencies will make the cut.

Initial $50M draw supports early-stage development; full $300M project-level facility to fund buildout of 500MW HPC site in Pennsylvania.

The crypto industry's sway in Washington DC has made it more likely that the industry will get beneficial legislation, but it's also creating problems. Concerns of regulatory capture — a situation in which regulators or lawmakers are co-opted to serve the interests of a small constituency — have grown as crypto lobbying gains influence in Washington.

DNA testing firm 23andMe is bankrupt, and now the genomic data of its 15 million users is up for sale to the highest bidder. Could that data end up on the blockchain?The company announced on March 23 that it had filed for Chapter 11 bankruptcy protection and that its CEO, Anne Wojcicki, had stepped down.

Binance co-founder CZ criticizes AI agent developers for prioritizing token launches over building useful products, urging a focus on utility and proven market fit before introducing native tokens. The post CZ Criticizes AI Agent Developers for Prioritizing Tokens Over Utility appeared first on Cryptonews.

A seismic shift is happening in the U.S. cryptocurrency landscape, with two major developments poised to reshape market dynamics. The U.S. Treasury Department will unveil its substantial cryptocurrency holdings on April 5th, while the SEC and crypto exchange Gemini are exploring a resolution to their long-standing legal battle.

Over $2 billion was lost to cryptocurrency hacks in the first quarter of 2025.According to a report shared with Cointelegraph by crypto cybersecurity firm Hacken, in Q1 2025, nearly $1.63 billion was lost just to access control exploits. Anmol Jain, vice president of investigations at crypto forensics firm AMLBot, told Cointelegraph that the exceptionally high figure is mainly attributable to the recent hack of the crypto exchange Bybit.

Stablecoin protocol Usual has partnered with blockchain security firm Sherlock to launch a $16 million bug bounty, surpassing Uniswap's $15.5 million bounty, which was previously the largest in the industry.

South Korea's 7-Eleven shops will be taking part in the test phase of the Bank of Korea's digital currency (CBDC) project. To that end, the retailer said that by June, all of its shops across the country will accept payments in CBDCs.

TL;DR Crypto Titans on the Rise: Forbes 2025 Global Billionaires List spotlights 16 crypto billionaires with a combined net worth of $164 billion, marking a significant industry milestone. Leading Figures: Binance founder Zhao Changpeng leads the pack with a staggering $63 billion fortune, alongside influential figures like Giancarlo Devasini and Michael Saylor.

Usual has announced a significant bug bounty program offering $16 million to identify critical vulnerabilities within its codebase.

Cryptocurrency is rapidly evolving with different innovations, adoptions and integrations. This evolution has given rise to the integration of Artificial Intelligence (AI) in crypto.

Japan's financial regulators plan to reclassify cryptocurrencies as financial products as early as 2026.

Cryptocurrency exchange Kraken has obtained a new registration in Canada at its latest compliance milestone.Kraken has received a restricted dealer registration in Canada, reaffirming its commitment to serving Canadian investors, the company said in an announcement shared with Cointelegraph on April 2. The registration comes as Kraken handles more than $2 billion in Canadian dollars ($1.4 billion) combined assets under custody for its Canadian users.

Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development.

A surge in micro futures trading pushed CME's crypto derivatives volume to the new quarterly record.

The cryptocurrencies listed below are recovering after hitting their respective price lows.

Justin Sun becomes the newest crypto magnate added to the Forbes list of the world's billionaires. Meanwhile, CZ retains his place as the richest crypto billionaire.

Google warns UK crypto firms of North Korea-linked fraudsters infiltrating blockchain projects, using fake identities and extortion tactics to exploit vulnerabilities as they shift operations from the U.S. to Europe amidst heightened scrutiny. The post Google Warns UK Crypto Firms of North Korea-Linked Fraudsters appeared first on Cryptonews.

North Korean tech workers have been quietly taking jobs at blockchain companies in the UK and Europe.

The cryptocurrency market has entered turbulent waters once again as mounting liquidations signal a looming bloodbath. Within the last 24 hours, over $270 million in positions have been liquidated across the market, including $5.32 million from Bitcoin alone.

American multinational investment management company Franklin Templeton has made global headlines this Wednesday by revealing that it is eyeing a crypto ETP launch in Europe. The company with over $1.5 trillion in AUM (Assets Under Management) now follows the footsteps of its rivals BlackRock and 21Shares, who previously revealed similar plans for the region.

TL;DR Market Capitalization Surge: Tokenized gold has surpassed a $1.5B market cap as rising gold prices (over $3,000/oz) boost demand for digital assets. Blockchain Enhancements: Tokens like Tether Gold (XAUT) and Paxos Gold (PAXG) offer fractional ownership, real-time tracking, and improved liquidity versus traditional gold investments.

The Chinese government is considering integrating blockchain to enhance the security of its credit information systems, according to a report from STCN. The move is part of a broader effort by the National Development and Reform Commission (NDRC) to apply emerging technologies in improving data-sharing practices and safeguarding sensitive information.

The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations, which have been limiting investor sentiment in both traditional and digital markets.US President Donald Trump is set to detail on April 2 his reciprocal import tariffs, measures aimed at reducing the country's estimated trade deficit of $1.2 trillion in goods and boosting domestic manufacturing. While global markets took a hit from the first tariff announcement, there is a 70% chance for cryptocurrency valuations to find their bottom by June, according to Aurelie Barthere, principal research analyst at the Nansen crypto intelligence platform.

With no inflation, no centralized control, and a fixed supply, Bitcoin could emerge as the dominant global currency.

A South Korean investor fined for assaulting Delio's CEO underscores rising tensions among defrauded crypto investors, as regulatory scrutiny intensifies amidst the collapse of major platforms like Delio and Haru Invest. The post South Korean Investor Faces Fine for Assaulting Delio CEO Over Lost Crypto Funds appeared first on Cryptonews.

With a May 15 deadline looming, just 43% of non-U.S. customers have claimed their distributions.

The world's biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, who issue Exchange Traded Products.

The pilot program will run until the end of June.

March brought some good news about the recent crypto scam spree. Scam, hack, and exploit losses dropped to $28.8 million.

The U.S. Securities and Exchange Commission (SEC) has made a surprising move in its legal battle against Gemini. The agency is now seeking a 60-day delay in the case, hinting at a possible resolution.

The figure marks a 303% increase on the previous quarter.

The SEC and Gemini Trust have jointly requested a 60-day halt in their lawsuit concerning the Gemini Earn program. The motion does not clarify if the pause could lead to a settlement, case dismissal, or another outcome.

Usual has teamed up with Sherlock to offer $16 million for uncovering a critical vulnerability anywhere in the protocol's codebase.

In a groundbreaking development, Crypto.com has joined hands with Sony Electronics, paving the way for the exchange's expansion into Singapore. The collaboration has introduced USDC as a payment option on Sony's online store, enabling customers to make purchases using the stablecoin.

China applied privacy computing to the sharing of credit information to reduce the risk of information leakage. The country will explore the use of blockchain technology to promote the "on-chaining" of important data, realize data encryption processing and process flexibility.

North Korean (DPRK) IT workers are ramping up their corporate infiltration efforts into tech and crypto firms, with a focus on Europe.

Japanese startup Terra Drone , which uses drones to survey and inspect energy infrastructure, is stepping up cooperation with Saudi Arabia's state-owned oil company Aramco to inspect oil and gas facilities, Terra Drone told Reuters.

North Korean tech workers have infiltrated global blockchain and tech firms, operating in teams with privileged access while generating millions for the regime.