Police Scotland says it has witnessed a staggering 2,000% increase in cryptocurrency-related criminal activity since 2019, with serious and organized crime groups increasingly turning to digital assets to obscure their operations. Although the exact number of cases contributing to this surge remains unclear, authorities indicate that crypto is playing a growing role in fraud and…
Tron founder Justin Sun has initiated a legal process against First Digital Trust (FDT), the issuer behind the FDUSD stablecoin, accusing it of embezzling nearly $500 million in client funds. In an April 3 post on X, Sun said he had met with Hong Kong lawmaker Johnny Wu to report the case and submitted related…
The Crypto Fear and Greed Index has plunged to 25, marking a steep 19-point drop from the previous day and pushing the market into “Extreme Fear” territory. This sharp decline follows U.S. President Donald Trump’s April 2 announcement of a sweeping “Liberation Day” tariff policy, which rattled both traditional financial markets and the cryptocurrency sector….
Block CEO Jack Dorsey has confirmed that Square terminals and Bitkey will soon support Bitcoin payments, marking a major step toward mainstream crypto adoption. In an interview with Bitcoin News, Dorsey stated that Bitcoin must evolve beyond being just a store of value to remain relevant. “I think if it doesn’t transition to payments and…
Binance has confirmed the accuracy of FDUSD’s reserve attestation for February following a brief de-pegging event that raised concerns in the market. In an April 3 update, Binance stated that it had reviewed First Digital USD’s (FDUSD) reserve data twice—once after the February attestation report and again recently—to verify its accuracy. FDUSD’s Reserves and Stability…
Japan’s Metaplanet has added 160 Bitcoin (BTC) to its treasury, bringing its total holdings to 4,206 BTC, as part of its ongoing Bitcoin acquisition strategy. According to an April 2 statement, the latest purchase was made at an average price of ¥12.49 million ($80,063) per BTC, totaling ¥1.998 billion ($13.39 million). Metaplanet has aggressively increased…
Global investment giant BlackRock has received regulatory approval from the UK’s Financial Conduct Authority (FCA) to operate as a crypto asset firm, marking another significant step in its Bitcoin investment strategy. According to an April 1 report from DL News, BlackRock—which manages around $12 trillion in assets—will now be able to offer its new European…
Sumitomo Mitsui Financial Group (SMFG), the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), is preparing to launch its own stablecoin in collaboration with Avalanche and Fireblocks. According to a Nikkei report published on April 1, 2025, the initiative is part of SMBC’s broader push into blockchain technology and digital assets. SMBC’s…
Eric Trump, son of United States President Donald Trump, has reinforced his bullish stance on Bitcoin, calling it “one of the greatest stores of value.” Speaking in an interview with Fox Business, Eric highlighted Bitcoin’s potential as a liquid asset and hedge against real estate, positioning it as a critical financial instrument in the evolving…
Paradigm security researcher Samczsun is warning that North Korea’s cyber operations are more extensive and sophisticated than commonly believed, extending beyond the infamous Lazarus Group. His warning comes in the aftermath of the Bybit hack, which saw attackers compromise SafeWallet infrastructure instead of directly targeting the exchange itself. This shift in tactics highlights the growing…