DeepNewz
CeFi
Justin Sun Declares First Digital Trust Insolvent, FDUSD Depegs as Binance Holds $1.67B
Justin Sun has announced that First Digital Trust (FDT), the Hong Kong-based issuer of the stablecoin FDUSD, is effectively insolvent and unable to fulfill client fund redemptions
TradFi & Fintech
Sony Singapore Accepts USDC Payments Through Crypto.com Service, Marks First Local Adoption
Sony Singapore has announced that its online store will now accept payments in the stablecoin USD Coin (USDC) through the Crypto
TradFi & Fintech
VanEck Files for First $BNB ETF in Delaware, Its Fifth Crypto Asset ETF, Managing Nearly $115 Billion
VanEck has filed to establish a trust entity for a proposed exchange-traded fund (ETF) based on Binance Coin (BNB) in Delaware
People
Eric Trump Endorses Bitcoin, Cites Debanking and Predicts Explosive Growth
Eric Trump, Executive Vice President of the Trump Organization and Chief Strategy Officer of American Bitcoin, has publicly endorsed Bitcoin, describing it as one of the greatest stores of value
Regulation & Politics
Senator Cynthia Lummis Proposes Bitcoin Act for U.S. Strategic Reserve to Acquire 1 Million BTC, Targeting 200,000 BTC Annually
Senator Cynthia Lummis has proposed the BITCOIN Act, which aims to establish a Strategic Bitcoin Reserve for the U
Hacks
Upcx Suffers Major Security Breach, $70 Million in UPC Tokens Drained; Deposits and Withdrawals Suspended
A major security breach has been reported involving Upcx, a cryptocurrency platform
DeFi
Ethereum Surpasses Solana to Lead DEX Volume with $63 Billion in March 2025, Despite 8% Market Share and 18% Price Drop
Ethereum has reclaimed its position as the leading blockchain for decentralized exchange (DEX) trading volume, surpassing Solana for the first time since September 2024
