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🐹 Justin Sun’s stablecoin FDUSD dropped by 7%.
Before that, Sun wrote that First Digital Trust, the issuer of FDUSD, is insolvent and urged users to take immediate steps to protect their assets.
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💸 PayPal is integrating Solana and Chainlink for customers in the United States.
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🇯🇵 Japan's second-largest bank SMBC eyes stablecoin launch with Ava Lab.
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🪙 Circle USDC stablecoin issuer files for IPO.
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🇺🇸 Elon Musk plans to leave the Department of Government Efficiency (DOGE) at the end of May.
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🪙 Circle hires banks for long-awaited IPO, stablecoin giant expected to publicly file late April.
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🇺🇸 Hut 8 and Eric Trump have launched a new mining company in the US — the project is exclusively focused on Bitcoin mining and building a cryptocurrency reserve.
American Bitcoin will be a public company and plans to increase its hashrate to 50 EH/s with an energy efficiency of less than 15 J/TH.
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🪙 Mining company Marathon will sell $2 billion worth of shares to further purchase BTC.
The largest miner in the U.S. currently holds 46 374 BTC ($3.9 billion).
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🇦🇪 The UAE plans to launch the digital dirham in Q4 2025.
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🇫🇷 The French state-owned bank Bpifrance is launching a €25 000 000 fund to support French crypto projects.
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🪙 Tether, the issuer of USDT, is acquiring a 30% stake in the Italian media company Be Water, which specializes in the creation and distribution of films, TV series, and podcasts.
Earlier, Tether announced the purchase of a minority stake in the Juventus football club.
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🏘️ The CEO of Block․One, the company behind the development of the EOS blockchain, has purchased a villa in Italy for $172 000 000. The former residence of Saudi Arabia’s Minister of Oil features 28 bedrooms, 35 bathrooms, and private beach access.
It’s worth noting that EOS conducted one of the largest ICOs in history—within just one year (2017-2018), the developers raised approximately $4.1 billion in Ethereum.
As of now, the EOS cryptocurrency ranks 75th on CoinMarketCap with a market capitalization of only $910 000 000.
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🐋 Financial giant Fidelity is launching its own stablecoin, which will function as a "digital dollar."
This move is part of its plan to enter the tokenized government bonds market.
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⚡️ 🇺🇸 Donald Trump announced the introduction of "reciprocal tariffs" of 10% for all countries, as well as a 25% tariff on all imported cars.
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🇺🇸 $6 trillion asset manager Fidelity launches retirement plan allowing direct crypto investments.
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🇮🇳 Indian public company Jetking to raise money to purchase Bitcoin.
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🇰🇵 North Korean IT specialists, posing as freelancers, are actively infiltrating European blockchain companies — posing a risk of espionage, data leaks, and cyberattacks, especially in blockchain and AI sectors.
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🐹 Market maker Wintermute launched a sell-off on Binance and other markets — the company is actively offloading assets from its balance sheet.
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🐸 A British woman wanted to surprise her husband and got rid of old stuff — along with a flash drive holding $3.8 million in BTC.
The guy bought crypto back in 2013, and now his future is somewhere in a landfill.
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🪙 Strategy buys 22 048 Bitcoin worth $1.92 billion.
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🇯🇵 Japan’s Financial Services Agency (FSA) plans to change the status of cryptocurrency — shifting it from a payment method to a financial product.
This decision is driven by the rise in crypto industry fraud.
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🪙 An Ethereum ICO participant with 2 000 ETH in their wallet has awakened after 10 years.
Back in 2015, they purchased the tokens for $620 — today, their holdings are worth around $3.7 million.
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🗽 The U.S. Federal Deposit Insurance Corporation (FDIC) has clarified that banks have the right to engage in cryptocurrency-related activities WITHOUT the need to obtain prior approval from the regulator.
However, such financial institutions are still required to manage the associated risks and comply with all applicable regulations and requirements.
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🇪🇺 The European Union is considering a rule that would require insurance companies to hold capital equal to 100% of the value of their cryptocurrency assets as a risk mitigation measure.
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🇰🇿 Kazakhstan plans to create a national crypto bank to regulate the entire circulation of cryptocurrencies in the country.
Lawmakers believe that currently, 90% of cryptocurrency transactions in Kazakhstan take place outside the legal framework.
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🇺🇸 Wyoming Governor expects state to issue Its own stablecoin by July.
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☠️ The founder of the DeFi protocol Synthetix accused DWF Labs of a Pump&Dump scheme and stated that price manipulation by a market maker may provide short-term liquidity but does not contribute to the long-term development of a project.
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🪙 The market capitalization of the USDC stablecoin has surpassed $60 billion for the first time.
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