Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has been transferred to a federal prison in Victorville, California, according to updated information from the Federal Bureau of Prisons (BOP). The move marks the latest chapter in Bankman-Fried’s post-sentencing journey, following his 25-year prison term for orchestrating one of the most significant financial […]
An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH, translating to approximately $6.07 million via a private transaction on the official CryptoPunks marketplace. The NFT is one of just nine Alien Punks in the […]
In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional […]
For the last two months, cryptocurrencies have been in correction mode, with spot trading volume for bitcoin (BTC) and altcoins declining by tens of billions of dollars. Despite this plunge in spot trading volume, the world’s largest crypto exchange, Binance, has continued to lead other platforms, with its share of spot volume increasing by the […]
Around 28,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.25 billion. This week’s event is pretty similar to previous weeks, where derivatives trading has been somewhat muted, so the impact on spot markets is likely to be minimal. Markets have been extremely volatile this week, […]
In a post on Ethereum Magicians on April 11, the mathematician proposed a roadmap that focuses on making private transactions and anonymous onchain interactions more accessible and natural for everyday users without needing major changes to the network’s core protocol. The proposed roadmap covers four primary key forms of privacy: privacy of onchain payments, partial […]
Bitcoin (BTC) has weathered one of its most volatile periods in recent months, yet top analysts remain unfazed. According to Matt Hougan, Chief Investment Officer at the $12 billion asset manager Bitwise, BTC isn’t just surviving; it’s preparing for an unprecedented surge. Bitcoin Poised for Liftoff “Bitcoin bulls should be inspired by its performance,” Hougan […]
Ethereum has wiped out seven years of gains, plummeting more than 10% over the past 24 hours in a fall below its 2018 cycle peak of $1,450. The second largest crypto asset by market capitalization tanked to $1,400 in early trading on Wednesday in Asia. The move was part of a broader crypto market slump […]
After years of trade stability, 2025 has seen a rapid shift. In his early days in office, President Trump quickly enacted wide-ranging import tariffs, which targeted specific countries and sectors, using emergency powers. As such, Binance Research’s latest report notes that if inflation remains high while economic growth slows, the Federal Reserve’s actions will be […]
Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]