Key Takeaways: A top social media service ends its digital collectible marketplace amid fiscal challenges. The decision reflects a broader pullback from speculative digital asset ventures. Users are advised to relocate their assets to alternative storage options. VK, one of Russia’s largest social media platforms, announced that it would shut down its NFT marketplace, VK…
Bitcoin (BTC) is showing surprising signs of resilience amid one of the most volatile macroeconomic environments in recent history as aggressive US tariffs rattled global markets and pushed risk assets into retreat. Despite a 19.1% pullback since January highs, Bitcoin has held up better than most major altcoins and equities, even mounting brief rebounds on…
Strategy, previously known as MicroStrategy, has revealed close to $6 billion in unrealized losses on its Bitcoin investment during the first quarter of 2025, according to an April 7 filing with the US Securities and Exchange Commission (SEC). Between January and March 2025, the firm acquired 80,715 BTC for $7.66 billion, or an average cost…
Key Takeaways: A lawsuit against the DHS seeks to uncover Satoshi Nakamoto’s identity, reigniting debates over Bitcoin’s mysterious origins and its decentralized ethos. The case could pressure the U.S. government to clarify its claims about interviewing Bitcoin’s creator, potentially revealing insights into the cryptocurrency’s creation. Unmasking Satoshi may reshape Bitcoin’s narrative and affect people’s sentiment…
Pierre Rochard announced on April 7 a new firm focused on Bitcoin (BTC)-backed structured finance, called The Bitcoin Bond Company, with the goal of acquiring $1 trillion in BTC by 2046 on behalf of its clients. Rochard is the former vice president of research at Riot Platforms and will serve as CEO of the new…
Galaxy Digital is moving closer to a U.S. stock market listing after the Securities and Exchange Commission (SEC) approved its registration statement tied to a corporate reorganization. The crypto and AI infrastructure firm, currently listed in the Toronto Stock Exchange, aims to shift its home base from the Cayman Islands to Delaware and list shares…
Crypto investigator ZachXBT has publicly criticized Coinbase, calling out the popular crypto exchange for repeated account lockouts and an undisclosed data breach, which he claims led to thefts. In the latest tweet, the on-chain sleuth expressed his dissatisfaction and stated that Coinbase had locked him out of his account twice in the past month without…
Key Takeaways: Strategy’s halt on Bitcoin purchases marks a rare moment of restraint for Saylor’s famously aggressive crypto strategy—suggesting the firm may be recalibrating its long-term playbook amid headwinds. Trump’s sweeping tariffs are no longer just shaking up traditional markets—they’re pulling the crypto space into the fray, with Bitcoin’s 10% drop underscoring how digital assets…
A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the country’s tax authority time to respond to a legal request from the exchange, according to a statement by the company’s legal counsel. Reuters reported that the Federal Inland Revenue Service (FIRS) is seeking $2 billion in back taxes…
Key Takeaways: The sector saw outflows amounting to $240 million, primarily driven by Bitcoin, which alone experienced $207 million in outflows. Ethereum faced outflows of $37.7 million, while Solana and Sui recorded outflows of $1.8 million and $4.7 million, respectively. The United States and Germany led the outflows with $210 million and $17.7 million, respectively.…