Tether partners with OCEAN mining pool to decentralize Bitcoin block-building
Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN’s Bitcoin mining pool in an effort to strengthen the network’s decentralization. “Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether’s CEO Paolo Ardoino said in an […]
Decentralized exchange KiloEx says $7.5M exploit has been contained
Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X. “The team has immediately suspended platform […]
Bitcoin takes back seat as Trump, Bukele focus on trade and immigration
US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda. Pressing issues of migration and bilateral security cooperation set the tone of Bukele’s first official meeting at the White House during Trump’s second term. According […]
Trade wars could spur governments to embrace Web3 — Truebit
Escalating trade wars are rattling cryptocurrency markets — but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph. On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures. Trump later paused the tariff rollout for certain countries — but […]
Spot Solana ETFs to launch in Canada this week
Spot Solana exchange-traded funds (ETFs) are set to launch in Canada on April 16, according to Bloomberg analyst Eric Balchunas. In an X post on April 14, the analyst shared a private client note from TD Bank, a Canadian financial institution, claiming the Ontario Securities Commission (OSC) greenlighted asset managers Purpose, Evolve, CI and 3iQ […]
Bitcoin bucks downtrend with rally to $85.8K — Are BTC bulls really back?
Bitcoin (BTC) reclaimed the $84,500 level on April 14, and the recovery appears partially fueled by the announcement of partial import tariff relief by US President Donald Trump. However, traders’ optimism faded on April 13 when it became apparent that the relaxation was temporary and that tariffs on the electronics supply chain could be revisited. […]
South Korea blocks 14 crypto exchanges on Apple Store — Report
South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among the affected exchanges are KuCoin and MEXC. The report, which was made public on April 14, says the banned exchanges […]
Bitcoin surge to $137K by Q3 possible if US Treasury continues liquidity injections — Analysts
The US Treasury has injected $500 billion into financial markets since February by drawing liquidity from its Treasury General Account (TGA), funding government operations after a $36 trillion debt ceiling was hit on Jan. 2, 2025. Macroeconomic financial analyst Tomas said that this liquidity surge boosted the net Federal Reserve liquidity to $6.3 trillion, and […]
Anchorage Digital faces scrutiny from US Homeland Security — Report
The US Department of Homeland Security’s El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm. According to an April 14 Barron’s report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies. Citing unidentified […]
SEC delays staking decision for Grayscale ETH ETFs
The United States Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Ether staking in two Grayscale funds. The decision on Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF has been postponed until June 1, according to an April 14 announcement from the SEC. The deadline for a decision […]