Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash App platform, Bloomberg reported on April 10. Block was fined by the New York Department of Financial Services (NYDFS) following an investigation into Cash App’s Anti-Money Laundering (AML) and cryptocurrency compliance operations, […]
President Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets’ broad-based contraction. Glassnode Report: […]
Users of the Atomic and Exodus wallets are being targeted by threat actors uploading malicious software packages to online coding repositories to steal crypto private keys in the latest cybersecurity threat identified by security professionals. According to cybersecurity researchers at ReversingLabs, the exploit works by hiding malicious code in seemingly legitimate npm software packages, which […]
Ether exchange-traded funds (ETFs) in the United States may be able to start staking a portion of their tokens as soon as May, according to Bloomberg Intelligence analyst James Seyffart. On April 9, the US Securities and Exchange Commission (SEC) authorized exchanges to begin listing options contracts tied to spot Ether (ETH) ETFs after greenlighting […]
The digital asset surged to $83K late Wednesday on news of President Donald Trump’s 90-day tariff pause. But even lower inflation couldn’t curb its descent back to $79K Thursday morning Tariff Pause and Lower Inflation Fail to Steady Bitcoin’s Choppy Trading Bitcoin roared past $83K late Wednesday after President Donald Trump declared a 90-day pause […]
While digital currency markets have faltered, the tokenized real-world asset (RWA) ecosystem has flourished, eclipsing recent market turbulence with a 12.5% valuation climb over 30 days. Tokenized Treasury instruments, in particular, outpaced peers with an 8.7% leap across seven days. Tokenized Treasuries Hit $5.49B Tokenized Treasuries have jumped in growth over the past week, and […]
Crypto startup Meanwhile has raised $40 million to scale its Bitcoin-denominated life insurance business, targeting so-called “inflation-prone economies” where policyholders may seek alternatives to traditional fiat-based payouts. The Series A investment round was led by Framework Ventures and Fulgur Ventures, with additional participation from Xapo founder Wences Casares, the company disclosed on April 10. Meanwhile […]
Bitcoin (BTC) price failed to hold its weekly open gains on April 10 as US stocks ignored positive inflation data. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility ticking higher around the release of the March Consumer Price Index (CPI) numbers. These numbers came in broadly below […]
U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs. Bitcoin Miners Charter $3M Flights to Combat Trump’s Tariff Hike U.S. bitcoin miners are scrambling to import […]
Opinion by: Roman Cyganov, founder and CEO of Antix In the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of celebrities like Taylor Swift and […]
Standard Chartered and cryptocurrency exchange OKX are piloting a new program allowing institutions to use crypto assets and tokenized money market funds (MMFs) as collateral. Announced on April 10, the collateral mirroring program enables off-exchange collateral usage while enhancing security by placing custody with a globally systemically important bank, according to a joint statement from […]
The SEC welcomes new leadership as its incoming chair vows to overhaul crypto regulation, signaling a powerful pivot toward innovation, clarity, and pro-growth digital asset policies. Incoming SEC Chair Set to Reshape Priorities as Crypto Takes Center Stage The U.S. Securities and Exchange Commission (SEC) issued a statement on April 9 confirming the appointment of […]