April, 2025

April, 2025

Lead launderer in $190 million Brazilian crypto Ponzi scheme gets record 128-year sentence
The Ponzi scheme's founders were also sentenced to decades in prison last year, though they currently await extradition in Argentina. ...

Oregon attorney general sues Coinbase months after SEC drops case
Oregon's Attorney General lodged a lawsuit against Coinbase similar to federal charges that were dropped a few months ago. ...

Synthetix’s sUSD Slides Further Away from Peg After Protocol Update
Bouncing back to $0.83, sUSD is far from out of the woods as it hit as low as $0.66 in a depegging caused by a stabilization mechanism in transition....

Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M Inflows
The stablecoin market has surpassed a total capitalization of $233 billion...

Crypto Exchange eXch to Shut Down May 1 Amid $1.4B Bybit Hack, Lazarus Group Links, and DOJ Whistleblower
Cryptocurrency exchange eXch announced it will cease operations on May 1, 2025, following allegations that it was used to launder funds linked to the $1...

North Korean Hackers Target Manta Network Co-Founder with Fake Zoom Call Phishing Attack
Kenny Li, co-founder of Manta Network, an Ethereum layer-2 project, reported being targeted in a sophisticated phishing attack believed to be orchestrated by the Lazarus Group, a North Korean state-ba...

Michael Saylor’s Bitcoin Strategy Drives 2,466% MSTR Surge, Outperforming Nvidia, Tesla, Google, Apple, and Microsoft
Michael Saylor's investment strategy, centered on Bitcoin, has outperformed major technology companies including Nvidia, Tesla, Google, Apple, and Microsoft...

Crypto Market Slips Amid Fed Uncertainty and Trade Tensions
BTC and ETH hold steady as leveraged liquidations total $92.4 million....

Spar Tests Bitcoin Payments in Zug, Switzerland Across Its 13,900 Stores in 48 Countries
Spar, a global grocery chain with 13,900 stores across 48 countries, has begun testing Bitcoin and Lightning Network payments in Zug, Switzerland...

Oregon Attorney General Dan Rayfield Plans Lawsuit Against Coinbase Over Unregistered Securities Exchange Charges
Oregon Attorney General Dan Rayfield has announced plans to pursue legal action against Coinbase, alleging that the cryptocurrency exchange operated as an unregistered securities exchange and broker-d...

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