• About Us
  • Careers
  • Contact
No Result
View All Result
Saturday, June 28, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Your Weekend Crypto Roundup | April 2025 (Week 1)

4 April 2025
in Markets
Reading Time: 8 mins read
105 7
Home Markets

Contents

Toggle
  • Biggest Story
    • DeFi  Still Under Fire: zkLend and SIR.trading Hit Hard by Exploits
  • Other News Making Waves
  • Around the World: Bold Moves and Crypto Regulations
  • Market Trends: Winners and Losers
    • Top 5 Gainers 📈
    • Top 5 Losers 📉
  • Project Spotlight

Hi there!

We’re only a few days into April, and the drama is already peaking. From hackers losing stolen ETH to phishing scams (karma, maybe?) to founders bargaining with exploiters just to keep their DeFi dreams alive—it’s been a wild ride. Meanwhile, adoption is growing, regulators are stirring, and big names like BlackRock and Trump are making crypto moves.

As usual, here is a roundup of the stories that shook the blockchain world this past week.

Enjoy!

Biggest Story

DeFi  Still Under Fire: zkLend and SIR.trading Hit Hard by Exploits

DeFi protocols zkLend and SIR.trading have recently suffered major setbacks following targeted exploits that highlight the sector’s persistent vulnerability to attacks.

zkLend lost $9.6 million in a flash loan attack. In an unusual twist, the hacker later admitted—via an on-chain message—to accidentally sending most of the stolen ETH to a phishing site mimicking Tornado Cash. The attacker expressed regret and urged zkLend to pursue the scammers instead. Despite offering a 10% white-hat bounty and a $500,000 reward for information leading to an arrest, most of the stolen funds remain unrecovered.

SIR.trading, a protocol designed for safer leveraged trading, was exploited for $355,000 due to a vulnerability introduced by Ethereum’s recent Dencun upgrade. The founder, Xatarrer, appealed directly to the attacker, offering $100,000 as a “fair share” if the remaining funds were returned. Built with community support and no VC funding, the platform’s survival now hangs in the balance.

These incidents come amid a broader uptick in DeFi exploits. According to CertiK, nearly $29 million was lost to attacks in March alone—underscoring the urgent need for stronger security practices across the space.

Other News Making Waves

  • The U.S. SEC and Gemini request a 60-day pause in their lawsuit over the Gemini Earn program, hinting at a potential settlement. (More)
  • Scroll co-founder Ye Zhang slams Ethereum rollup fee proposals, calling them a threat to long-term growth. He warns that taxing rollups could push them to alternative solutions, weakening Ethereum’s influence. (More)
  • GOP’s push for crypto-friendly laws gained momentum as two crypto-backed Republicans won seats in Florida’s House of Reps. (More)
  • North Korean-linked “tech workers” are now trying to get into blockchain companies not just in the U.S. but also in the U.K. and Europe (More)
  • 9GAG’s co-founder acquires a Hong Kong firm to invest in Bitcoin, AI, and Web3, renaming it MemeStrategy. (More)
  • BlackRock secures FCA approval to launch a Bitcoin ETP in the UK (More)
  • Darknet marketplaces saw revenue surpass $1.7 billion in 2024, with Russian-language platforms dominating 97% of the crypto drug trade. (More)
  • Losses from crypto-related hacks and scams dropped to $28.8M in March, a sharp decline from February’s $1.5B, mainly due to the Bybit hack. (More)
  • Trump family acquires 60% stake in World Liberty Financial in new leadership and ownership structure changes (More)

Around the World: Bold Moves and Crypto Regulations

  • The U.S. House Financial Services Committee advance the STABLE Act, aiming to regulate stablecoins like USDT and USDC, with a 32-17 vote. (More)
  • The U.S. Treasury sanctioned crypto wallets tied to Yemen’s Houthi movement, citing $1B in illicit transactions funding arms procurement. (More)
  • South Korea plans to open its crypto market to international investors, revising AML rules to attract foreign participation in local exchanges. (More)
  • South Korea’s 7-Eleven stores have begun accepting CBDC payments in a nationwide pilot, running until June. Customers using the digital currency get a 10% discount as the country explores a future digital monetary system. (More)
  • Russia postpones the digital ruble launch to mid-2026, citing technical and regulatory challenges despite progress in pilot transactions. (More)
  • Senator Ted Cruz introduced the FLARE Act, proposing tax incentives for Bitcoin miners who use flared natural gas to power operations. (More)
  • UK trade groups urge Prime Minister Keir Starmer’s government to appoint a crypto envoy and implement a national blockchain strategy. (More)
  • AUSTRAC flags crypto ATMs as high-risk for money laundering and fraud, expanding enforcement actions against non-compliant operators. (More)

Market Trends: Winners and Losers

Top 5 Gainers 📈

According to data from CoinGecko, these are the five biggest gainers of the week:

  • Saros +80.2%, from $0.056038 to $0.100972
  • FUNToken +61.9%, from $0.00238937 to $0.00386949
  • ONFA +43.2%, from $0.145549 to $0.208357
  • Vine +57.9%, from $0.02603507 to $0.04110544
  • EOS +37.5%, from $0.581289 to $0.799362

Top 5 Losers 📉

According to data from CoinGecko, the five biggest losers of the week are:

  • Act I The AI Prophecy -72.7%, from $0.192176 to $0.052403
  • Mubarak -61.2%, from $0.105263 to $0.04080879
  • VeBetterDAO -39.8%, from $0.211485 to $0.127372
  • Doginme -47.3%, from $0.00115071 to $0.00060626
  • Mask Network -45.2%, from $2.21 to $1.21

Project Spotlight

Shardeum Gears Up for Mainnet Launch, Promises Scalable and Accessible Blockchain
Shardeum, the world’s first Ethereum Virtual Machine (EVM)-based autoscaling Layer 1 blockchain, will launch its mainnet on April 15, 2025. Powered by Dynamic State Sharding, the network can scale transaction throughput automatically as more validators join. With over 171,000 validators and 81M+ testnet transactions, Shardeum aims to solve blockchain’s scalability trilemma without sacrificing decentralization or security.

Why It Matters
Shardeum’s approach could redefine blockchain infrastructure by making scalability native and validator participation accessible. Its lightweight hardware requirements and decentralized design may help onboard emerging markets and support global Web3 growth.

 

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence. 

If you want to read more market analyses like this one, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share65Tweet41Share11
Previous Post

Could Dragoin Reach $1 Before Stellar and Hedera? Public Presale Sparks Early Momentum

Next Post

Binance Expands USDC Trading Options with New Pairs and Bot Features

Olajumoke Oyaleke

Olajumoke Oyaleke

Olajumoke Oyaleke is a creative writer with a passion for crafting engaging and informative guides across a variety of topics. Deeply interested in Web3 and blockchain technology, Olajumoke is dedicated to making complex concepts accessible, helping readers stay informed on the latest trends in the space. Through writing, Olajumoke aims to showcase the possibilities of Web3 and simplify its advancements for a broader audience.

Related Posts

Your Weekend Crypto Roundup | June 2025 (Week 4)
Markets

Your Weekend Crypto Roundup | June 2025 (Week 4)

27 June 2025
What South Korea’s Crypto Strategy Signals for the Next Bull Run?
Markets

What South Korea’s Crypto Strategy Signals for the Next Bull Run?

26 June 2025
Why Crypto Projects Are Choosing MiCA Over the US, Even With Regulatory Support on the Rise
Markets

Why Crypto Projects Are Choosing MiCA Over the US, Even With Regulatory Support on the Rise

26 June 2025
Tokenized Treasuries vs. Stablecoins: Where Will Institutional Capital Flow?
Markets

Tokenized Treasuries vs. Stablecoins: Where Will Institutional Capital Flow?

26 June 2025

Featured Posts

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

byOlajumoke Oyaleke
15 June 2025
0

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

byOlayinka Sodiq
12 June 2025
0

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

byOlayinka Sodiq
10 June 2025
0

What Is Price Slippage in Crypto & How Can You Avoid It

What Is Price Slippage in Crypto & How Can You Avoid It

byOlayinka Sodiq
4 June 2025
0

The Rise of Decentralized Identity Solutions in DeFi

The Rise of Decentralized Identity Solutions in DeFi

byOlayinka Sodiq
20 October 2024
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

Your Weekend Crypto Roundup | June 2025 (Week 4)

7 hours ago

What South Korea’s Crypto Strategy Signals for the Next Bull Run?

1 day ago

Why Crypto Projects Are Choosing MiCA Over the US, Even With Regulatory Support on the Rise

1 day ago

Tokenized Treasuries vs. Stablecoins: Where Will Institutional Capital Flow?

1 day ago

Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull: What This Means for the Crypto Market

1 day ago

First XRP ETF Approved on Toronto Stock Exchange— Is This a Green Light for XRP ETF Approvals in More Countries?

3 days ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards

    bychainwire
    27 June 2025
    0

    BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision and South Korea Strategy

    bychainwire
    27 June 2025
    0

    The Rise of AI Beings: CARV’s New Roadmap Signals Next Wave of Web3 AI

    bychainwire
    27 June 2025
    0

    Weed® Announces Partnership with Khalifa Kush; Launches Global Commercialization

    bychainwire
    26 June 2025
    0

    GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More

    bychainwire
    26 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00