Resolv Labs Closes $10 Million Seed Round
TL;DR Resolv Labs raised $10 million to scale its yield-bearing stablecoin protocol, aiming to minimize exposure to crypto market volatility. The USR token applies a...
Cryptocurrencies
$4.6M Liquidity Drain: TRUMP Token Developer Sparks Market Concerns
TL;DR Developer Liquidity Drain: The Official Trump token developer pulls $4.6M in USDC from the liquidity pool, sparking concerns ahead of a 20% token unlock....
Bitdeer Will Stop Selling Rigs and Focus on Bitcoin Mining
TL;DR Bitdeer will stop selling rigs to focus on self-mining, responding to low profitability and tariff uncertainty in the U.S. It will take advantage of...
KiloEX Suffers a $7.5 Million Theft and Suspends Operations
TL;DR KiloEX suffered a $7.5 million theft following an attack that manipulated its price oracle; the Kilo token dropped more than 29% after the incident....
Bybit Rejects Accusations of Charging a Fee to List Tokens
TL;DR Bybit denied accusations of charging a $1.4 million listing fee, clarifying that the process involves a deposit and an internal evaluation. Its CEO, Ben...
Andrew Kang Increases His Bitcoin Bet to $200 Million
TL;DR Andrew Kang, founder of Mechanism Capital, doubled his leveraged long position on Bitcoin to $200 million. On April 9, Trump urged buying on his...
Mantra Token Plummets 88% Amid Sudden Liquidations
TL;DR In one of the most dramatic crashes of the year, Mantra’s OM token plummeted from nearly $6 to just $0.37 within minutes, before stabilizing...
$TRUMP: Between Speculation and the Risk of Another Crash
TL;DR The $TRUMP token peaked at $75.35 after its launch, but it’s currently trading at $8, reflecting an 83% drop. More than 800,000 wallets purchased...
Stablecoin Volume and OTC Trading Double in the First Quarter of 2025
TL;DR OTC and stablecoin trading volumes doubled year-over-year in Q1 2025, according to data from Finery Markets. Bitcoin, Ethereum, and stablecoins accounted for 95.3% of...
Block to Pay $40 Million Fine for Weak Controls in Cash App
TL;DR Block must pay a $40 million fine for deficiencies in its anti-money laundering system and transaction monitoring in Cash App. The company accumulated over...