🚨 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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🗣️ Arthur Hayes Predicts Bitcoin Dominance Could Hit 70% Amid Market Downturn

Arthur Hayes, former BitMEX CEO, believes Bitcoin dominance could reach 70% as altcoins decline. He’s been accumulating BTC despite the recent dip and expects whales to continue buying. Currently, BTC dominance is at 62%, the highest since 2021.

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‼️ Trump Orders Disclosure of U.S. Government's Crypto Holdings Amid $17B Bitcoin Reserve Estimate

President Trump signed an executive order mandating full transparency of federal crypto holdings, including Bitcoin, estimated at around 200,000 BTC ($17B). The move signals a strategic shift as the government reveals its digital asset reserves, including USDT, ETH, WBTC, and BNB, potentially sparking a bullish turnaround in the crypto market.

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⚪️ Pump.fun Revives Livestreaming with New Moderation Policy

Solana’s meme token platform Pump.fun reintroduces livestreaming after removing it due to antisocial behavior. The new policy bans violence, harassment, and illegal content, aiming to revive user activity amid a significant drop in daily revenue.

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💥 Justin Sun welcomes lawsuit from First Digital over $456M TUSD scandal

Justin Sun accuses First Digital Trust of misappropriating $456 million in TrueUSD reserves and calls for tighter regulation. FDT denies the claims, calling them defamatory and threatens a countersuit, while Sun offers a $50M bounty for whistleblowers.

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⏬ Strategy Faces $5.9 Billion Bitcoin Loss, Halts New Purchases

Amid heightened market volatility and Trump's "Liberation Day" tariffs, Strategy reported $5.91 billion in unrealized Bitcoin losses for Q1 2025. The firm, holding 528,185 BTC, paused new purchases due to declining stock participation and market pressure.

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📈 Standard Chartered predicts XRP to surpass $12.50 by 2028

Standard Chartered analysts forecast XRP could hit $12.50 by the end of 2028, citing its strategic role in cross-border payments. They expect it to reach $5.50 by year-end and $10.40 by 2027, fueled by regulatory optimism and potential ETF approval.

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🛡 Bernstein: Bitcoin Shows Strong Resilience Amid Tariff War

Bernstein analysts say Bitcoin’s dip during the April 6–7 crash was far milder than in past crises, showing growing support from institutional capital. Despite market-wide panic, BTC fell only 26% from its ATH—compared to past 50–70% drops.

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🇺🇸 U.S. DOJ Shuts Down Crypto Investigations Unit

The U.S. Department of Justice has disbanded its crypto investigations unit in line with Trump’s executive order aiming for regulatory clarity. Deputy AG Todd Blanche said the DOJ is "not a digital asset regulator" and will now focus on targeting investor harm, not platforms like Tornado Cash.

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📣 SEC to Hold First Crypto Trading Roundtable on April 11

The U.S. SEC will host its first dedicated crypto trading roundtable titled “Between a Block and a Hard Place” on April 11. Key figures from Uniswap, Coinbase, and the NYSE will join to discuss regulatory clarity. Three more sessions are scheduled for April 25, May 12, and June 6.

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🥷 UK Jails Crypto Launderers Linked to Ukraine War Profiteering

Two men were sentenced to a combined 13 years in the UK for laundering $7.6 million via crypto, exploiting Ukraine’s war-time vehicle demand. The gang used the funds for luxury purchases, including a $1.27M London home. Authorities found over $14M in crypto linked to the scheme.

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