🥷 Crypto Hacks Surge in 2025, Nearly Matching 2024 Losses in Two Months

Hackers stole $1.94 billion from the crypto market in 2024, but in just the first two months of 2025, losses have already reached $1.89 billion, according to Global Ledger. The record-breaking Bybit hack by North Korean group Lazarus accounted for $1.46 billion, driving the sharp increase in damages.

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💰 Cango Sells Auto Business for $352M to Focus on Bitcoin Mining

Cango has agreed to sell its auto finance business to Ursalpha Digital for $352 million. After the sale, Cango will become a trusted partner of Bitmain in Bitcoin mining. The deal includes an initial payment of $210.6 million, with the remainder contingent on tax obligations and credit risk reduction.

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🚀 Arthur Hayes: Trump’s Tariffs Are Good for Bitcoin

Arthur Hayes, co-founder of BitMEX, stated that Trump’s tariffs benefit Bitcoin by weakening the dollar and boosting the crypto's mid-term prospects. He believes that global imbalances will be corrected with printed money, supporting both Bitcoin and gold.

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💰 Codex Raises $15.8M to Build Enterprise Stablecoin Blockchain

Codex, a blockchain startup focused on stablecoins for enterprise use, has secured $15.8 million in seed funding led by Dragonfly Capital. The project, built on Optimism’s Layer 2, aims to solve UX and integration issues for businesses while ensuring low fees and regulatory compliance.

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🌐Lens Protocol Launches Lens Chain Mainnet with Avail and ZKsync

Lens Protocol has released its Layer 2 network, Lens Chain, leveraging Avail’s data availability and ZKsync’s tech for efficient, low-cost transactions. The network, designed for SocialFi apps, supports data ownership and monetization. Aave’s GHO stablecoin will be used as a native gas token.

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🌟 Experts See Long-Term Potential for Ethereum Despite Recent Decline

Ethereum has faced a challenging start to 2025, with prices dropping 32% in February and 19% in March. Despite this, experts remain optimistic about its long-term potential, citing strong institutional support and the network’s foundational role in crypto infrastructure. Competition from newer Layer 1 chains like Aptos and Sui continues to pose challenges.

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🚨 Circle Delays IPO Amid Uncertainty from Trump’s Trade Policy

Circle, the issuer of USDC, is likely to postpone its IPO due to economic instability caused by Trump’s new trade policies. The company filed for public listing on April 1 but is now reconsidering due to fears of a global recession sparked by sweeping tariffs.

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🚫 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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