Crypto in a bear market, rebound likely in Q3 — Coinbase

A monthly market review by publicly traded US-based crypto exchange Coinbase shows that while the crypto market has contracted, it appears to be gearing up for a better quarter. According to Coinbase’s April 15 monthly outlook for institutional investors, the altcoin market cap shrank by 41% from its December 2024 highs of $1.6 trillion to … Read more

Ethereum Privacy Proposal Signals the Future While Lightchain’s AI Developer Grant Launches

This content is provided by a sponsor. PRESS RELEASE. Privacy in blockchain technology has become a core focus, and Ethereum’s latest privacy proposal is a step toward greater transparency, security, and user trust in decentralized systems. For blockchain developers, AI researchers, and crypto enthusiasts alike, these advancements offer valuable insights into the future of blockchain … Read more

Check Point Partners With Fuse to Deploy Blockchain Firewall for Real-Time Threat Prevention

Layer 2 payments blockchain Fuse has announced a partnership with Check Point Software Technologies Ltd. (NASDAQ: CHKP) to develop and deploy a real-time threat prevention security layer for its blockchain. This collaboration aims to secure smart contracts and wallets by identifying and mitigating threats before they can develop, shifting blockchain defense from detection to proactive … Read more

Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance

Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token … Read more

Italy finance minister warns US stablecoins pose bigger threat than tariffs

Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an event in Milan, Giancarlo Giorgetti said that while trade tariffs dominate headlines, new US policies on dollar-backed stablecoins … Read more

Sony’s Soneium taps EigenLayer to cut finality to under 10 seconds

Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability. Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a strategic partnership with AltLayer and EigenLayer … Read more

OKX reenters US market following $505M DOJ settlement

Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s … Read more

Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar

European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible scenarios for the credit outlook: a “tariff-light” approach, a full-scale trade war, or a broader economic and financial crisis that could include the introduction of … Read more

1001 Crypto Nights: The Grandest Music Festival at TOKEN2049 Dubai

This content is provided by a sponsor. PRESS RELEASE. Singapore, April 16, 2025 — LBank, a globally recognized leading cryptocurrency exchange, is excited to announce the upcoming 1001 Crypto Nights Beach Music Festival. Set to take place on April 30, 2025, from 17:00 to 24:00 (UTC+4) at the iconic Bohemia Beach Club in Dubai, this … Read more

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