Hey there,
And just like that, the second week of April comes to an end
The crypto market remains as unpredictable as ever. From a bold lawsuit that could unmask Bitcoin’s creator to global tax moves, hacks, and ETF buzz, the digital asset space is packed with drama, disruption, and a dash of mystery. Let’s dive into the biggest stories that shook the blockchain world this week.
Enjoy!
Biggest Story
Crypto Lawyer Sues U.S. Government to Uncover Bitcoin Creator’s Identity
In a bold move that could reignite the search for Bitcoin’s elusive creator, prominent crypto attorney James “MetaLawMan” Murphy has filed a Freedom of Information Act (FOIA) lawsuit against the U.S. Department of Homeland Security. Murphy seeks records from a 2019 meeting where DHS agents reportedly interviewed four individuals they believed were involved in Bitcoin’s creation.
The revelation came from DHS Special Agent Rana Saoud during a 2019 conference, where she claimed agents travelled to California “to find out how this actually works.” Murphy, joined by former Assistant U.S. Attorney Brian Field, insists that emails, notes, or reports must exist if such interviews took place.
He vows to pursue the case to the end. The lawsuit fuels new intrigue around crypto’s greatest mystery: Who is Satoshi Nakamoto? As theories swirl and claimants fall short, this legal challenge could bring long-awaited answers or deepen the enigma.
Other News Making Waves
- The U.S. Senate confirms Paul Atkins as the new SEC Chair, signalling a regulatory shift toward crypto-friendliness under Trump as he pledges a principled framework for digital assets. (More)
- Hackers exploit SourceForge to spread crypto-mining malware, disguising it as Microsoft Office downloads. The campaign, uncovered by Kaspersky, primarily affects Russian users. (More)
- Trump’s new tariffs could cripple Bitcoin mining rig demand in the U.S., according to Hashlabs CEO Jaran Mellerud. (More)
- SBI Holdings denies reports of selling a stake in crypto unit B2C2, reaffirming its commitment to digital asset trading. (More)
- Over 90% of WazirX creditors have approved the Indian exchange’s restructuring plan after last year’s $230 million hack by Lazarus Group, clearing the path for court approval in Singapore. (More)
- Zilliqa CEO Matt Dyer steps down as the company pushes ahead with its Zilliqa 2.0 upgrade. The move follows a recent exploit and a steep drop in ZIL’s value. (More)
- Teucrium launches the first leveraged XRP ETF in the U.S. after SEC approval, offering 2x daily exposure to XRP. The product aims to capitalize on rising investor interest ahead of a possible spot ETF. (More)
- Conor McGregor’s REAL memecoin flops in presale, raising only $390K of its $1M target. The project is paused, and refunds issued—fueling skepticism about celebrity crypto ventures. (More)
- Tether may launch a U.S.-specific stablecoin if upcoming regulations support more competition. CEO Paolo Ardoino says Tether is already cooperating with U.S. enforcement. (More)
- Sei-based DEX Filament suffers a $572,000 exploit as attackers manipulate the platform’s order book through large trades and self-liquidations. (More)
Around the World: Bold Moves and Crypto Regulations
- Ukraine introduces an 18% personal income tax and a 5% military levy on crypto earnings, unveiling a structured taxation model for virtual assets. (More)
- China’s central bank orders state-owned banks to reduce dollar purchases, aiming to support the yuan and stabilize foreign exchange markets amid escalating trade tensions with the U.S. and ongoing digital yuan expansion. (More)
- Sweden is exploring the inclusion of Bitcoin in its foreign reserves, led by MP Rickard Nordin’s proposal to diversify assets. (More)
- New York Assemblyman Clyde Vanel introduces a bill to study blockchain for election security, aiming to enhance voter data protection and transparency in U.S. elections. (More)
- Following procedural delays, a Nigerian court postpones Binance’s tax evasion trial to April 30, 2025. The case underscores growing regulatory pressure on crypto operations in Nigeria. (More)
- Australia’s Federal Court orders the shutdown of 95 companies linked to crypto romance scams, with ASIC warning that fraudsters are evolving rapidly. Over $35.8 million in losses were reported across 14 countries. (More)
- Dubai’s real estate and crypto regulators partner to tokenize property assets, aiming to enhance liquidity and retail investor access through blockchain. (More)
- Hong Kong now allows licensed crypto firms to offer staking services under strict SFC oversight, reinforcing its ambition to be a global crypto hub while ensuring investor protection. (More)
Market Trends: Winners and Losers
Top 5 Gainers 📈
According to data from CoinGecko, these are the five biggest gainers of the week:
- Retard Finder Coin +483.9%, from $0.01208985 to $0.070597
- Aergo +176.9%, from $0.050551 to $0.139991
- Clash of Lilliput +278.7%, from $0.191162 to $0.723733
- Undeads Games +122.6%, from $0.201435 to $0.448402
- Onyxcoin +40.3%, from $0.00889135 to $0.01247088
Top 5 Losers 📉
According to data from CoinGecko, the five biggest losers of the week are:
- MEOW -47.6%, from $0.00219422 to $0.00114906
- Comedian -43.2%, from $0.058036 to $0.03294675
- MMX -42.3%, from $0.548630 to $0.316548
- doginme -35.7%, from $0.00068089 to $0.00043809
- Infrared Bera -32.4%, from $6.17 to $4.17
Project Spotlight
Broadridge Launches Digital Asset Solutions to Bridge TradFi and DeFi
Broadridge Financial Solutions has introduced Broadridge Digital Asset Solutions—a suite of tools designed to help financial institutions scale their digital asset strategies while staying compliant with global regulations. With offerings like ClearFi, which consolidates on- and off-chain data into a unified view, Broadridge aims to simplify digital asset transparency and investor education.
Why It Matters
As digital assets go mainstream, Broadridge is equipping traditional finance with the tools to adapt. Their solutions enhance compliance, streamline operations, and empower investors to better understand cryptocurrencies, stablecoins, and DeFi—all within a regulated framework.
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.
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