Binance has announced the upcoming release of LDUSDT, a new token designed to serve as a reward-bearing margin asset for Futures trading, according to an April 9 statement. Binance explained that LDUSDT is not just another trading tool—it’s also a vehicle for passive income. It enables users to participate in futures trading while simultaneously earning […]
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Binance's LDUSDT follows BFUSD as the crypto exchange's latest move to blend yield generation with trading liquidity.
The SEC intends to host a round table with Coinbase and other crypto legal rivals, and Ripple plans to acquire Hidden Road for $1.25 billion.
BlackRock has expanded the custodial structure of its iShares Bitcoin Trust (IBIT), formalizing Anchorage Digital Bank N.A. as an additional Bitcoin custodian through a new Master Custody Service Agreement. The development, disclosed in a Form 8-K filing dated April 7, 2025, introduces a secondary custodian while Coinbase continues to serve as the primary holder of […]
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Coinbase could see 5–10x stablecoin revenue growth by 2030, according to Cantor, which gave COIN a $245 target.
A Nigerian high court postponed Binance's tax evasion case until April 30 as the exchange contested how authorities served legal papers.
The SEC will hold a crypto roundtable on Friday featuring panelists from Coinbase, Cumberland DRW and Uniswap Labs.
A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the country’s tax authority time to respond to a legal request from the exchange, according to a statement by the company’s legal counsel. Reuters reported that the Federal Inland Revenue Service (FIRS) is seeking $2 billion in back taxes […]
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Former Binance CEO Changpeng 'CZ' Zhao also joins Pakistan Crypto Council as advisor, and the stablecoin startup Cap raised $8 million in seed funding.
Zhao's appointment to the Pakistan Crypto Council comes amid the country's larger effort to bolster its blockchain industry and attract international investment.
The Cathie Wood-led Ark Invest similarly bought COIN's dip in March, adding over $16 million worth of Coinbase stock to its funds.
Coinbase Derivatives has taken a major step toward expanding its crypto offerings by filing with the US Commodity Futures Trading Commission (CFTC) to launch an XRP futures contract. If the CFTC gives the green light, trading could begin as early as April 21, 2025. According to Coinbase Institutional, the proposal would allow the company to […]
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Crypto exchange Coinbase Derivatives has filed with the CFTC to launch XRP and nano XRP futures, aiming to go live on April 21.
First Digital Trust (FDT) denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills. Sun had made the allegation earlier in the day in a social media post, where he said the firm was insolvent and unable to process the redemption of its stablecoin, FDUSD. The news caused FDUSD […]
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Former NY governor Cuomo advised crypto exchange OKX on how to best handle being investigated by federal authorities, Bloomberg reported.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC has recently been dropping its lawsuit against crypto companies, including Coinbase, OpenSea and Immutable.
Bybit announced plans to shut down its NFT Marketplace, Inscription Marketplace, and Initial DEX Offering (IDO) product pages to “streamline offerings and enhance user experience.” The exchange is the latest platform to exit a digital collectibles market that has seen demand, trading volume, and user activity sharply decline over the past two years. The closure […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken co-CEO Arjun Sethi said tokenized equities are going to be larger than stablecoins like Tether, with futures and options on top.
Crypto exchange Backpack has officially launched the claims process for users of the now-defunct FTX EU platform, according to an April 1 statement. BackPack CEO Armani Ferrante said: “It’s been a long, complicated process with multiple parties, but we’re happy to finally open up identity verification for FTX EU customers on [our website.]” According to […]
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After acquiring FTX EU earlier this year, Backpack became responsible for distributing court-approved bankruptcy claims.
Several tokens on Binance, including ACT, fell sharply and unexpectedly on April 1.
Coinbase is no longer being sued by Kentucky, South Carollina and Vermont for violating state securities laws by offering crypto staking services.
Bithumb reported $110 million in net profits for 2024 as South Korea's second-biggest exchanges eyes an IPO later in 2025.
Uniswap’s U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364, reaching record lows.
Digital asset claims were valued at FTX's petition date, though many cryptocurrencies have grown significantly in value in the 27 months since.
President Donald Trump issued full pardons to the three co-founders of crypto exchange BitMEX on March 27, clearing their names years after they admitted to violating US anti-money laundering laws, CNBC reported. Arthur Hayes, Benjamin Delo and Samuel Reed, who launched BitMEX in 2014, had each pleaded guilty to charges under the Bank Secrecy Act. […]
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ZachXBT said scammers have stolen over $46 million in Bitcoin and other crypto from Coinbase users in March alone.
It follows the dismissal of the SEC's case against Coinbase, while other crypto firms still await confirmation of their cases being dropped.