DeepNewz

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

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

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

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

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

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

CeFi
Grayscale Files S-3 for Digital Large Cap Fund ETF Featuring Bitcoin, Ethereum, Solana, XRP, and Cardano with $600 Million AUM
Grayscale has filed a registration statement on Form S-3 with the U

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

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

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





