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Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout
Blockchains

Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout

Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of the stablecoin FDUSD
Bitcoin Drops Over 6% to $83,100 Following Trump's 25% Tariff on Foreign Autos and 34% on Chinese Imports
Markets

Bitcoin Drops Over 6% to $83,100 Following Trump's 25% Tariff on Foreign Autos and 34% on Chinese Imports

Bitcoin and other cryptocurrencies have experienced a notable decline following President Donald Trump's announcement of new tariffs on foreign imports
Andrew Cuomo Advised Offshore Crypto Exchange OKX, Which Pleaded Guilty to Operating Illegally During Federal Investigation
Regulation & Politics

Andrew Cuomo Advised Offshore Crypto Exchange OKX, Which Pleaded Guilty to Operating Illegally During Federal Investigation

Andrew Cuomo, a candidate for mayor of New York City and former governor, served as a paid adviser to the offshore cryptocurrency exchange OKX while it was under federal investigation
Jupiter Acquires Solana-Based Drip Labs to Build Crypto Superapp
NFTs & Web3

Jupiter Acquires Solana-Based Drip Labs to Build Crypto Superapp

Jupiter, a decentralized exchange (DEX) aggregator and perpetual exchange on the Solana blockchain, has acquired Drip Labs, a Solana-based platform known for developing digital collectibles
VanEck Files for First US BNB ETF, Managing $115 Billion in Assets, Targets Fifth-Largest Crypto
CeFi

VanEck Files for First US BNB ETF, Managing $115 Billion in Assets, Targets Fifth-Largest Crypto

VanEck, a leading investment firm managing nearly $115 billion in assets, has filed to establish a trust for a proposed Binance Coin (BNB) exchange-traded fund (ETF) in Delaware
Ellie Hart Accidentally Discards USB Drive Containing £3 Million ($3.8 Million) in Bitcoin
Blockchains

Ellie Hart Accidentally Discards USB Drive Containing £3 Million ($3.8 Million) in Bitcoin

A British woman, Ellie Hart, accidentally discarded a USB drive containing approximately £3 million ($3
Alabama Passes 2nd Strategic Bitcoin Reserve Bill Allowing State Investment Board to Buy Bitcoin and Cryptocurrencies on April 2, 2025
Regulation & Politics

Alabama Passes 2nd Strategic Bitcoin Reserve Bill Allowing State Investment Board to Buy Bitcoin and Cryptocurrencies on April 2, 2025

Alabama has introduced and passed a new law allowing its state investment board to purchase and hold Bitcoin (BTC) and other cryptocurrencies
Fidelity Launches No-Fee Retirement Plan for Bitcoin, Ethereum, Litecoin Investments
TradFi & Fintech

Fidelity Launches No-Fee Retirement Plan for Bitcoin, Ethereum, Litecoin Investments

Fidelity Investments, managing $6 trillion in assets, has introduced a new retirement plan that allows U
PayPal ($PYPL) Adds Solana and Chainlink for 200M+ U.S. Users
TradFi & Fintech

PayPal ($PYPL) Adds Solana and Chainlink for 200M+ U.S. Users

PayPal, symbol $PYPL, has expanded its cryptocurrency offerings by adding Solana (SOL) and Chainlink (LINK) for its customers in the U