LBank Q1 Report Highlights $4B Trading Volume and 20% Surge in Traffic

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, April 1, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, has released its Q1 2025 Performance Report, showcasing record-breaking trading volume, robust product growth, and major security enhancements as it solidifies its position as a global leader in digital asset trading. LBank’s proactive approach to … Read more

Bybit to shut down NFT marketplace as trading volumes decline

Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace. In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange … Read more

Brazil Bans Retirement Funds From Investing in Cryptocurrency

The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and risk characteristics” in a resolution issued on March 27. Brazil Prohibits Pension Funds’ Investments in Cryptocurrency and Bitcoin Brazil has taken another step backward when … Read more

Hacker transfers $70M out of payment platform UPCX

An unauthorized party withdrew approximately $70 million in digital assets from open-source payment platform UPCX, according to a security alert issued on April 1. The blockchain security firm Cyvers flagged suspicious activity involving 18.4 million UPC tokens, estimating the value of the compromised funds at around $70 million. Cyvers said someone accessed a UPCX address … Read more

Digital Sovereignty Alliance Strengthens Industry Advocacy at DC Blockchain Summit 2025 as Silver Sponsor

This content is provided by a sponsor. PRESS RELEASE. Washington, D.C., April 1 2025 – The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education surrounding emerging technologies, including decentralized technologies, blockchain, cryptocurrency, Web3 innovations, and artificial intelligence, made a significant impact at the DC Blockchain … Read more

Former Blade of God X exec claims game ‘abandoned’ Web3

A former executive of the Web3 game Blade of God X (BOGX) has accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space. On April 1, BOGX’s former chief marketing officer Amber Bella claimed in an X post that despite being funded by Web3 sources, the game “completely abandoned” its … Read more

Bitcoin Price Watch: Market Stalls Below Resistance as Traders Wait

Bitcoin opened April 1, 2025, at $83,882 with a market capitalization of $1.66 trillion, a 24-hour trade volume of $28.60 billion, and an intraday price range between $81,287 and $84,490. Oscillators showed mixed momentum and moving averages were broadly bearish, suggesting a consolidating market with a cautious upward bias. Bitcoin On the hourly chart, bitcoin … Read more