🚫 FTX Rejects Nearly 400,000 Compensation Claims

Bankrupt exchange FTX has disqualified at least 392,000 compensation claims as of April 2, citing KYC violations. The rejected claims total approximately $2.55 billion, with $665 million from claims under $50,000 and $1.9 billion from larger claims. Compensation for approved claims over $50,000 is set to begin on May 30.

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💳 PayPal and Venmo Add Support for Solana and Chainlink

PayPal has integrated Solana (SOL) and Chainlink (LINK) into its crypto offerings, allowing users to buy, sell, store, and transfer these tokens directly within the PayPal and Venmo apps. This move aligns with user demand and reflects the company’s commitment to expanding digital economy access.

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💡Ethereum Transaction Fees Drop to Lowest Since February 2020

Ethereum transaction fees have fallen to a historic low, averaging less than $500,000 per day. This marks a 60-fold decrease from March 2024. Despite low fees, daily transaction volume remains stable at around 1.2 million, driven by updates like EIP-4844 and the adoption of L2 solutions.

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📈 Cathie Wood’s Ark Invest Buys $13.4M Worth of Coinbase Shares

Ark Invest purchased an additional 83,157 Coinbase shares worth $13.4 million across three ETFs after the stock dipped 5%. The ARK Innovation ETF (ARKK) acquired the largest portion, while ARKW and ARKF also increased their holdings. Coinbase remains the second-largest holding within the ARKF fund.

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🚀 Arthur Hayes: US-China Trade War Could Propel Bitcoin to $1 Million

Arthur Hayes, co-founder of BitMEX, believes escalating US-China trade tensions are destabilizing the global financial system, potentially driving Bitcoin to $1 million. He argues that the breakdown of economic norms could boost demand for neutral assets like gold and BTC as trust in the US dollar erodes.

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🚨 Phaver Shuts Down Due to Technical and Financial Issues

Social app Phaver has ceased operations, citing financial difficulties and technical issues during its token generation event (TGE). The project’s token fell by 99% since TGE. Despite raising $7M in 2023 and peaking at 35,000 daily active users, overspending on listings and failure to sell tokens led to insolvency.

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⭕️ SEC to Review or Revoke Crypto Risk Guidelines

Acting SEC Chair Mark Uyeda announced plans to reassess or cancel several public statements and guidelines on crypto risks, including the Howey test’s application to digital assets. This move aligns with Trump’s deregulation order and aims to reduce regulatory burdens in the crypto sector.

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🥊 Conor McGregor's REAL Token Faces Backlash

Conor McGregor's memecoin, REAL, raised just $218,000, falling short of the $1 million minimum target. Critics called the tokenomics "trash" due to the short 12-hour unlock window and alleged misleading marketing. The weak launch reflects ongoing mistrust in celebrity-backed memecoins.

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🚀 Aave Surpasses $1 Billion in Interest Payments

Aave users on the Ethereum network have collectively paid over $1 billion in interest, according to Token Terminal data. Aave's founder, Stani Kulechov, expressed confidence, saying, "DeFi will prevail."

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🌎 Ripple Calls on UK to Fast-Track Crypto Regulations

Ripple urges UK policymakers to establish clear crypto regulations swiftly, warning that the window of opportunity to lead in digital assets is closing. The firm highlights the UK's "second-mover advantage" and emphasizes the need for urgent clarity on stablecoin rules to boost institutional confidence.

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🚨 Justin Sun Calls First Digital Trust Scandal 'Worse Than FTX'

TRON founder Justin Sun accuses First Digital Trust (FDT) of embezzling $500 million in client funds, claiming the misconduct is far worse than the FTX collapse. He urges Hong Kong regulators to act swiftly, warning that FDT's actions put the region's financial reputation at risk.

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🗣️ CZ Makes a Rare Appearance in Hong Kong: “I Don’t Trade Crypto Much”

Former Binance CEO Changpeng Zhao surprised the crypto community by appearing at the BNB Super Meetup in Hong Kong, admitting he rarely trades crypto and prefers a cautious investment approach. He advised young investors to use dollar-cost averaging instead of chasing meme coins, while also discussing his global education project to digitize learning for underserved children.

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🔥 Aptos TVL Doubles Despite APT Price Drop

Aptos’ total value locked (TVL) surged to $1.03 billion in March, marking a 109% increase year-over-year, despite the APT token losing 47% of its value. The growth was driven by strong stablecoin inflows, primarily from USDT and USDC, and the introduction of performance-enhancing technologies like Zaptos and Shardines.

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🚨 Bitcoin Volatility Amid Trump’s Threat of Additional 50% Tariffs on China

Bitcoin briefly surged above $81,000 after news of potential tariff delays, but quickly dropped below $79,000 as Trump threatened to impose another 50% tariff on China. Wall Street also saw sharp declines, with the S&P 500 down over 11% since Wednesday.

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🫱 CZ Joins Pakistan Crypto Council as Strategic Advisor

Former Binance CEO Changpeng 'CZ' Zhao has joined the Pakistan Crypto Council to support crypto infrastructure and adoption efforts. This move aligns with Pakistan’s push to become a leader in blockchain finance following Trump’s pro-crypto policies.

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⚡️ SafePal Launches Crypto Wallet on Telegram and Boosts Device Security

SafePal introduced the Mini Wallet on Telegram, featuring a banking gateway and a digital Mastercard. The company also enhanced its hardware wallet security from EAL 5+ to EAL 6+, surpassing typical financial sector standards. The Mini Wallet supports over 40 networks and offers digital payments via Mastercard, PayPal, Apple, Google, and Samsung Pay.

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💰 Curve Finance Hits Record $34.6 Billion in Q1 Trading Volume

Curve Finance, a stablecoin-focused DEX, achieved a record $34.6 billion trading volume in Q1 2025, up 13.3% year-over-year. Despite a broader DeFi downturn, Curve’s transaction count also surged to 5.5 million. The platform plans to enhance crvUSD utility and simplify user experience to maintain growth.

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🗣️ Peter Schiff Predicts Crypto Market Collapse

Crypto skeptic Peter Schiff criticized Trump’s tariff decision, calling it "foolish," and forecasted a collapse of the crypto sector, particularly Bitcoin. He also noted that the TRUMP memecoin led the recent market downturn, falling below $8.

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🐋 Ethereum Whale Faces $105M Liquidation

An unidentified trader's position of 67,500 ETH was liquidated at the $1,650 mark, accelerating Ethereum's decline. Analyst EmberCN reports that other large positions are also on the verge of liquidation, with daily losses exceeding $1 billion.

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⏫ Fortnite Solana Meme Coin Pumps After CEO Calls It a Scam

Tim Sweeney, Epic Games CEO, labeled a Fortnite-themed Solana meme coin a "scam," ironically causing the token to spike 2,700% before crashing again. Despite Sweeney's denial of involvement, some still speculate that he launched it as part of the Fortnite storyline.

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