BitGo CEO @mikebelshe calls U.S. sanctions "monopoly abuse" harming the dollar's viability as a global currency. He contrasts sanctions with tariffs and sees Bitcoin as a potential alternative to the dollar and gold, but notes trust issues remain.
#crypto #blockchain #news #BTC #Bitcoin
Genius Group sues LZGI & execs Ritz & Moe for $450M under RICO, per Wu Shuo. This follows a NY court blocking Genius Group from selling shares to buy Bitcoin.
#crypto #blockchain #news #BTC #Bitcoin
Hut 8 mined 88 BTC in March, per Wu Shuo, increasing reserves to 10,264 BTC. Hashrate at 9.3 EH/s. CEO Asher Genoot announced Hut 8 spun off most ASIC miners into American Bitcoin, a majority-owned subsidiary focusing on mining and reserve development.
#crypto #blockchain #news #BTC #Bitcoin
Aptos (APT) is scheduled to unlock approximately 10.935 million tokens, valued at around $53.123 million, on April 12th at 08:00 Beijing time, according to RootData's token unlock data.
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Whale alert! 🐳 @EmberCN reports qklpj.eth moved 6,595.8 ETH (~$12M) from Renzo to Binance. They received 6,329.8 ezETH on March 29, redeemed it for ETH, and then sent all the ETH to Binance today. #DeFi #ETH #Renzo
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Bitcoin's holding strong above $80K despite risk-asset sell-off surprises Bloomberg analyst James Seyffart. Blockstream's Adam Back suggests artificial correlation with traditional markets, blaming market makers exploiting limited fiat liquidity in Bitcoin. #Bitcoin #crypto
#blockchain #news #BTC
Sui DeFi saw 200% active user growth in Q1 2025 (OurNetwork). Stablecoin supply jumped 75% to over $700M. Walrus, a dominant staking protocol, distributed 200M+ WAL tokens. High staking rate: 1.01B/1.25B circulating WAL are staked!
#crypto #blockchain #news
Bitcoin dev proposes "QRAMP," a hard fork forcing users to migrate from quantum-vulnerable addresses to quantum-resistant wallets. Unmigrated Bitcoin after a deadline would be unusable. The draft BIP lacks community consensus. #bitcoin #crypto
#blockchain #news #BTC
David Sacks says the SEC clarified that fully reserved, liquid, dollar-backed stablecoins aren't securities. Minting/redemption transactions also don't need Securities Act registration. #crypto #stablecoins #SEC
#blockchain #news
BitMEX co-founder Arthur Hayes stated on X that Bitcoin holders should embrace tariff policies, suggesting Bitcoin may have broken free from its correlation with the Nasdaq and become the ultimate "smoke alarm" for fiat currency liquidity.
#crypto #blockchain #news #BTC #Bitcoin
Whale alert! 🐳 @EmberCN reports a whale moved 9.03M IMX ($4.05M) to Binance via FalconX ~2 hrs ago. This address dumped 26.2M IMX ($13.72M) in the last 9 days, during which IMX price dropped 39% from $0.72 to $0.44. #IMX #crypto #whale
#blockchain #news
Gaming company Neon Machine is in trouble. Reports say they owe vendors millions and have laid off most of their staff, going from 100 to ~12 employees. Their SHRAP token is down 98%+ and a co-founder allegedly sold off their tokens. They previously raised $20M led by Polychain Capital.
#crypto #blockchain #news
Argentina's Milei plans to amend laws to meet Trump's new 10% tariff requirements on Argentine goods entering the U.S. He aims to quickly resolve trade "asymmetries" with Washington. #Argentina #Trade #Tariffs
#crypto #blockchain #news
WSJ reports Chime, Circle, & Hinge Health may delay IPOs due to US-China trade war & tariffs. Chime reportedly paused filing financial docs. Circle is taking a more cautious approach, monitoring market trends. #IPO #business #finance
#crypto #blockchain #news
Wu Shuo News Weekly Highlights: Trump's global tax increase officially begins; Binance sees multiple altcoins plummet; Justin Sun claims to have been scammed for $500 million by FDT; Goldman Sachs expects the Federal Reserve to cut interest rates three times in the second half of the year.
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Brazil court OKs seizing crypto to settle debts! ⚖️ STJ says judges can freeze and withdraw crypto assets to pay creditors. Crypto isn't legal tender, but it's a payment method & store of value, so existing property execution rules apply. #crypto #Brazil #law
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Tether isn't leaving the US! CEO Ardoino says even if USDT is banned, they'll launch a new payment-focused stablecoin compliant with US regulations. USDT is better suited for emerging markets anyway, and might not dominate the US/Europe in the future. (via Decrypt)
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UK & US close to tariff deal? Reports say UK willing to cut tariffs on US beef/fish & offer tax breaks to US tech. Meanwhile, Canada plans 25% tariff on US autos not meeting USMCA rules. #trade #tariffs #UK #US #Canada
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SEC clarifies: Certain stablecoins ("Covered Stablecoins" pegged 1:1 to USD, backed by low-risk assets, redeemable 1:1) are NOT securities. These are used for payments, not investments, and aren't subject to securities laws.
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Bakkt is facing a class-action lawsuit for allegedly hiding details about its Webull & Bank of America partnerships. The suit claims Bakkt misled investors about revenue reliance on Webull. Losing BoA & Webull could mean a 73% revenue drop. #Bakkt #Crypto #Lawsuit
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