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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.
Solana is back in the spotlight. After a downturn marked by a massive outflow of capital, the network has recorded an unexpected return of funds.
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.
Gold is hitting new highs, but what about Bitcoin?
Bitcoin's recent price action has shown signs of stagnation, with the asset hovering around the $84,000 mark after rebounding above it earlier this week. As of the time of writing, BTC is trading at $84,449, down 0.7% in the past 24 hours.
Bitcoin sentiment is turning bullish as traders expect a move back toward $90,000, despite the ongoing price volatility.
Hypotheses are beginning to circulate that during 2025 the Fed might indirectly end up giving a hand to Bitcoin. Although these are hypotheses based on indirect correlations, they are supported by genuine favorable market forecasts. In these cases, the markets are not always right, but there are even internal sources that hypothesize that such logic may occur.
Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto's team shared an X post this Friday that read, “Shib is for everyone.
Shiba Inu (SHIB) recently encountered resistance as a local death cross formed on the four-hour chart, where the 23-period moving average slipped below the 50-period one. This technical crossover triggered a 2.65% drop, pushing SHIB down from its attempt to break above a short-term structure near $0.00001194.
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.
LayerZeros native token, ZRO, rallied on Thursday after leading venture capital firm Andreessen Horowitz (a16z) expanded its investment in the blockchain interoperability protocol. The a16z crypto arm purchased an additional $55 million worth of ZRO tokens with a 3-year lock-up period, according to general partner Ali Yahya.
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.
Hidden Road, the prime brokerage firm set to be acquired by Ripple, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a U.S. broker-dealer through its subsidiary, Hidden Road Partners CIV US LLC. This regulatory green light will enable the firm to enhance its fixed income prime brokerage platform and expand its suite of institutional services in clearing, financing, and regulatory-compliant trading of fixed income assets.
Kyrgyzstan has taken a major step toward launching its own central bank digital currency (CBDC), as President Sadyr Japarov signed legislation granting the digital som legal status. Although the country has not yet committed to issuing the CBDC, the move lays the legal groundwork for its potential rollout.
Bitcoin (BTC) hovered just below $85,000 late Thursday as escalating tensions between President Donald Trump and Federal Reserve Chair Jerome Powell stirred market uncertainty. The standoff comes after Powell criticized Trumps tariff policies, warning they could trigger stagflation a mix of slowing growth and rising inflation.
The Bank of America is attempting to enter the stablecoin market and is positioning itself against established industry leaders like Tether and Circle. Pegged to fiat currencies like the US dollar, stablecoins account for billions in daily transaction volumes and traditional banks are unwilling to be left out of the loop.
Ripple's recently acquired Hidden Road has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). This marks a significant milestone in expanding its prime brokerage services for institutional investors.
American business executive Brad Garlinghouse has now spent a decade at enterprise blockchain company Ripple.
Latest news on XRP Ripple: XRP has found itself in the spotlight again. XRP is currently trading above $2, sparking renewed hope among investors. Analysts are buzzing about the possibility of it becoming the next cryptocurrency to get a spot ETF approval in the U.S., right after Bitcoin and Ethereum.
Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don't know the basics of crypto.
Kyrgyzstan has granted legal tender status to its digital som, while Wyoming has refined its stablecoin language to align with SEC guidance.
Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware. The meeting seemed real with the impersonated person's camera on, but the lack of sound and a suspicious prompt to download a script raised red flags, Li said in an April 17 X post.
American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture.The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder's suit a “sham” and adding claims of “unethical and/or illegal business activities.” Sun sued Geffen in February, claiming that the statue was stolen from him by a former employee who then sold the artwork to Geffen in a deal worth around $65 million in artwork and cash.
Dogecoin started a fresh decline from the $0.1680 zone against the US Dollar. DOGE is consolidating and might extend losses below the $0.150 support.
