Day: 1 April 2025

Kentucky has officially ended its legal battle with Coinbase over the exchange’s staking services, making it the third U.S. state in recent months to roll back enforcement efforts. On March 31, the Kentucky Department of Financial Institutions filed a joint stipulation of dismissal, closing the case that accused Coinbase of ...

Metaplanet Inc. acquired 696 Bitcoin in Q1 2025 through its Bitcoin Income Generation program, which focuses on selling cash-secured Bitcoin put options. A regulatory filing on April 1 revealed that the program generated approximately $5.15 million (770.35 million yen) in operating revenue. The company used 9.386 billion yen in cash ...

Crypto asset prices have experienced a steady rebound since March 11, with Bitcoin (BTC) briefly surpassing $87,000 and Ethereum (ETH) rising above $2,000. However, according to the latest report from Bybit in collaboration with Block Scholes, many major cryptocurrencies, including BTC, ETH, and Solana (SOL), are still trading below their ...

Bitcoin has experienced a significant decline in daily selling volume on major exchanges, dropping from 81,000 BTC to 29,000 BTC, as highlighted by CryptoQuant analyst Axel Adler Jr. in an April 1 post on X. This shift in market dynamics suggests that Bitcoin may be entering a supply shortage phase, ...

According to analysts at blockchain forensic firm TRM Labs, darknet marketplaces saw a modest revenue increase in 2024, surpassing $1.7 billion, with Russian-language platforms continuing to dominate the crypto drug trade.  In their 2025 Crypto Crime Report, TRM Labs emphasized that Russian-language marketplaces remain the leading force in illicit drug ...

AUSTRAC, Australia’s financial intelligence agency, has raised significant concerns regarding the growing risks associated with crypto ATMs, particularly regarding operators failing to implement proper anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. In response to the rapid expansion of crypto ATMs across the country, AUSTRAC formed an internal task force ...

Backpack, a cryptocurrency exchange founded by former FTX executives, has officially opened the fund claim process for FTX’s European customers as part of the broader effort to distribute recovery funds from FTX’s bankruptcy. In an April 1 announcement, Backpack unveiled a two-step process for FTX EU customers to reclaim their ...

Bitcoin mining has shifted towards cleaner energy sources over the past 13 years. According to a MiCA Crypto Alliance and Nodiens report, coal energy's share in Bitcoin mining has decreased from 63% in 2011 to 20% in 2024, indicating an average annual decline of about 8%. Renewable energy use in ...

Elon Musk’s SpaceX has embarked on a groundbreaking mission, sending four private astronauts on the first-ever human spaceflight to orbit the North and South Poles. The mission, dubbed "Fram2," is funded and led by Chun Wang, a Chinese-born entrepreneur turned Maltese citizen known for founding the Bitcoin mining pool F2Pool. ...

Losses from crypto-related scams, hacks, and exploits dropped significantly in March, falling to $28.8 million, a sharp contrast to February’s staggering $1.5 billion loss primarily driven by the Bybit hack, according to blockchain security firm CertiK. CertiK reported on April 1 via X that smart contract code vulnerabilities were the ...