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Found 8791 news

  • Coinbase receives conditional approval for US trust charter
    Cointelegraph.com - 16:01 Apr 02, 2026
    Coinbase receives conditional approval for US trust charterChief legal officer Paul Grewal announced the approval on Thursday, thanking OCC head Jonathan Gould, who took office less than a year ago. The US Office of the Comptroller of the Currency (OCC) has approved cryptocurrency exchange Coinbase’s application for a national bank trust charter after six months of consideration. In a Thursday X post, Coinbase chief legal officer Paul Grewal said the company received conditional approval for the OCC application, following December approvals for Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos. Although the company said in October it had “no intention of becoming a bank" if approved, the move by US regulators marks one of the most significant forays into bridging crypto and traditional finance. Read more
    Tags: Coinbase
  • Bitcoin holders face $600B in unrealized losses as BTC price slips to $66K
    Cointelegraph.com - 15:47 Apr 02, 2026
    Bitcoin holders face $600B in unrealized losses as BTC price slips to $66KAbout 44% of Bitcoin's circulating supply trades underwater at $66,000 with weak spot demand weighing on market sentiment. Bitcoin (BTC) traded at $66,450 on Thursday, a 47% drawdown from its all-time high of $126,000 reached in October 2025. As a result, many BTC holders are sitting on significant unrealized losses, underscoring the risks still facing Bitcoin investors at current levels.  Key takeaways: Bitcoin’s 47% drawdown from its $126,000 all-time high has left holders with nearly $600 billion in unrealized losses. Read more
    Tags: Bitcoin
  • DeFi is optimizing for gas, not for markets
    Cointelegraph.com - 15:00 Apr 02, 2026
    DeFi is optimizing for gas, not for marketsDeFi prioritizes gas efficiency over market resilience. Simplified financial logic fails under volatility due to computational constraints. Opinion by: João Garcia, DevReal lead at Cartesi. Decentralized finance presents itself as a transparent alternative to Wall Street. Yet, what it has largely reconstructed is a simplified version of finance, engineered less around market resilience than around the constraints of gas fees. That trade-off, once treated as a technical footnote, is increasingly shaping the limits of what DeFi can become. So long as computational minimalism remains the overriding priority, financial robustness will remain secondary, and periods of market stress will continue to expose that imbalance. DeFi has rebuilt the familiar architecture of finance, including exchanges, lending markets, derivatives and stablecoins. However, the way these systems function reveals how tightly they are bound by their execution environments. Read more
    Tags: DeFi
  • Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price target
    Cointelegraph.com - 14:40 Apr 02, 2026
    Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price targetAnalysis warned that Bitcoin risked falling to $10,000 in the long term as BTC price action fell with US stocks thanks to oil-supply concerns. Bitcoin (BTC) gained a $10,000 price warning as stocks took a fresh hit over oil-supply fears at Thursday’s Wall Street open. Key points: $10,000 BTC prices may return as the market struggles to hold ground, says new analysis. Read more
    Tags: Bitcoin
  • Lise to host tokenized IPO for French defense supplier ST Group
    Cointelegraph.com - 14:36 Apr 02, 2026
    Lise to host tokenized IPO for French defense supplier ST GroupFrench blockchain-based stock exchange Lise plans to host what it describes as a fully onchain IPO for ST Group. French blockchain-based stock exchange Lightning Stock Exchange (Lise) is preparing to host what it describes as a fully onchain initial public offering (IPO), listing aerospace and defense SME ST Group as its inaugural company. The company called the deal the first IPO on a natively tokenized exchange, where shares are issued and traded as digital tokens rather than recorded through traditional market infrastructure, according to a Thursday announcement shared with Cointelegraph. CEO Mark Kepeneghian said it could fundamentally change “how markets are built, how companies raise capital, and how investors connect to the real economy.” Read more
  • 'Memecoin messiah' lost $60M trading mostly SPX6900: He's still not selling
    Cointelegraph.com - 14:14 Apr 02, 2026
    'Memecoin messiah' lost $60M trading mostly SPX6900: He's still not sellingTrader Murad Mahmudov may lose another $1.56 million if its top bet, SPX6900, drops another 20% in the coming weeks. Murad Mahmudov, a crypto trader also known as the “Memecoin messiah,” has lost nearly $60 million across his bets in the past nine months. Still, he expects a bullish reversal. Key takeaways: Mahmudov thinks SPX6900, which is 96% of his memecoin portfolio, will rise 400,000%. Read more
  • Ex-Fidelity staff target retail investors with onchain gold arbitrage product
    Cointelegraph.com - 14:14 Apr 02, 2026
    Ex-Fidelity staff target retail investors with onchain gold arbitrage productAltura, a DeFi protocol led by former Fidelity and PwC staff, is pitching retail investors an onchain gold arbitrage vault targeting 20% yields as bullion trades near record highs. Altura, a decentralized finance protocol founded by former Fidelity and PwC staff is launching an onchain gold arbitrage strategy aimed at retail investors, targeting 20% annualized returns, according to a Thursday release shared with Cointelegraph. According to Altura, the product pools user deposits into a vault that recycles capital through short-duration physical gold trades. Unlike platforms like Robinhood or Revolut that offer passive gold price exposure, Altura claims to be tokenizing the underlying arbitrage process itself. The company says it has raised $4 million in funding and has already facilitated the movement of about 185 kilograms of gold, representing roughly $28.5 million in cumulative transaction volume, per the release.  Read more
  • Wallet in Telegram launches perpetual futures trading with Lighter
    Cointelegraph.com - 13:35 Apr 02, 2026
    Wallet in Telegram launches perpetual futures trading with LighterWallet in Telegram rolls out perpetual futures via Lighter DEX, enabling leveraged trading on crypto, stocks and commodities directly inside the messaging app. Wallet in Telegram, a third-party wallet integrated directly into the Telegram app, is rolling out perpetual futures support with Lighter, a perpetuals decentralized exchange. Launching Thursday, perpetual futures are available to Telegram users through an integrated custodial solution, Crypto Wallet, the platform said in an announcement seen by Cointelegraph.  The integration allows users to open long and short positions with up to 50× leverage across more than 50 assets, including crypto assets such as Bitcoin (BTC) and Toncoin (TON), as well as tokenized commodities and stocks. Read more
  • AI agents will kill the web as we know it: Animoca’s Yat Siu
    Cointelegraph.com - 13:20 Apr 02, 2026
    The open, ad-supported web will undergo a radical transformation, as billions of AI Agents start paying for services with crypto says Yat Siu.
  • Riot wallet outflow adds to selling wave among listed Bitcoin miners
    Cointelegraph.com - 12:55 Apr 02, 2026
    Riot wallet outflow adds to selling wave among listed Bitcoin minersArkham data linked a 500 BTC outflow to Riot Platforms, worth roughly $34 million, as Bitcoin miners and treasury companies navigate listing pressures and volatile market conditions. Arkham flagged a 500 Bitcoin outflow from a wallet it attributes to Riot Platforms on Wednesday, in a possible sale the company had not publicly commented on by publication time. The Bitcoin (BTC) wallet outflow sale comes shortly after Riot posted record 2025 revenue of around $647 million, driven by an increase in Bitcoin mining revenue, and amid other recent Bitcoin disposals by large listed miners. Last week, MARA Holdings disclosed that it sold about $1.1 billion worth of Bitcoin in March to repurchase convertible debt at a discount, reflecting similar moves by other public miners that have collectively sold over 15,000 BTC in recent months as they balance operational needs and investment plans against a more volatile price and cost backdrop. Read more
  • Canada’s bid to ban crypto donations highlights transparency issue
    Cointelegraph.com - 12:49 Apr 02, 2026
    Canada’s bid to ban crypto donations highlights transparency issueA new bill in Canada would ban crypto donations to political parties, a move which election overseers have supported in past recommendations to Parliament. A new bill in Canada, if passed, would ban political parties and other third parties in elections from accepting cryptocurrency donations in a bid to prevent election interference. The Strong and Free Elections Act would also ban contributions made by money orders and prepaid cards, citing these methods as difficult to track. The bill notes the potential for foreign actors to influence elections through difficult-to-trace digital payment methods, ensuring Canadian elections “remain free, fair and secure at all times,” according to Government House Leader Steven MacKinnon.  Read more
    Tags: Canada
  • Liquidity, not novelty, determines tokenization’s value
    Cointelegraph.com - 12:30 Apr 02, 2026
    Liquidity, not novelty, determines tokenization’s valueHigh-demand assets enable continuous settlement, collateralization and network effects. Programmability on dollars and bonds compresses financial frictions where trillions already flow. Opinion by: Sebastián Serrano, founder and CEO of Ripio. For much of the past decade, the crypto industry has tried to tokenize niche assets in an attempt to reinvent finance. While creative, this approach has largely missed the core economic truth about where tokenization actually creates value. In these early stages of blockchain adoption, tokenization works best not at the fringes of the economy, but at its center. The industry’s first instinct — to tokenize illiquid assets — was a miscalculation. The most successful tokenization effort involved the most liquid asset in the world (the US dollar) in the form of USD-backed stablecoins. Read more
  • Polymarket fee expansion boosts revenue amid regulatory pressure
    Cointelegraph.com - 10:26 Apr 02, 2026
    Polymarket fee expansion boosts revenue amid regulatory pressurePolymarket’s March 30 fee overhaul lifted daily fees and revenue, but how long the spike lasts is unclear as regulatory pressure builds. Prediction market Polymarket’s recent fee expansion has started to affect its numbers, with daily fees and revenue climbing sharply in the days following a March 30 price overhaul.  According to DefiLlama data, daily fees rose from about $363,000 on Monday to over $1 million on both Wednesday and Thursday, while revenue (the portion retained after incentives) reached as high as $995,000 on Wednesday before easing to about $899,000 on Thursday.  The jump follows the rollout of a broader fee model on Monday, when the platform expanded taker fees beyond crypto and sports to categories including finance, politics, economics, culture, weather and tech, while keeping geopolitical and world events fee-free.  Read more
  • Drift explains $280M exploit as critics question Circle over USDC freeze
    Cointelegraph.com - 10:13 Apr 02, 2026
    Drift explains $280M exploit as critics question Circle over USDC freezeDrift said a durable nonce attack helped drive its Solana exploit, as critics questioned why stolen USDC moved for hours without a freeze. Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share its findings from a preliminary investigation, saying that the attackers exploited Solana’s durable nonces, a mechanism enabling pre-signed transactions, to seize control and drain funds. The protocol had earlier said it was experiencing an active attack and suspended deposits and withdrawals while coordinating with security firms, bridges and exchanges. The attack began on Wednesday, with the theft involving multiple assets, including Circle’s USDC (USDC) and various altcoins. Onchain data later showed that the exploiter swapped the majority of assets into USDC, with the funds later bridged to Ethereum. Read more
  • Metaplanet buys 5,075 Bitcoin in Q1 to become 3rd-largest treasury
    Cointelegraph.com - 10:04 Apr 02, 2026
    Metaplanet buys 5,075 Bitcoin in Q1 to become 3rd-largest treasuryMetaplanet lifted its Bitcoin holdings to 40,177 in Q1 after buying over $400 million of BTC to become the third-largest BTC treasury. Metaplanet said it acquired 5,075 Bitcoin during the first quarter of 2026 for around $405 million or about $79,898 per coin, making the company the third-largest publicly-listed Bitcoin treasury, according to Bitcoin Treasuries data. The Tokyo-listed company now holds a total of 40,177 Bitcoin (BTC) on its balance sheet, with an aggregate cost basis of roughly $4.18 billion and an average cost of $104,106 per coin, according to investor materials shared by chief executive Simon Gerovich. Metaplanet also reported a year-to-date BTC Yield of 2.8% for 2026, a company metric that tracks growth in Bitcoin holdings on a per-share basis rather than income generated across the treasury. Read more
  • Coinbase exec says Senate CLARITY compromise is close, but no markup date set
    Cointelegraph.com - 09:05 Apr 02, 2026
    Coinbase exec says Senate CLARITY compromise is close, but no markup date setCoinbase legal chief Paul Grewal says US lawmakers are nearing agreement on the CLARITY Act, with a Senate markup expected soon. Coinbase chief legal officer Paul Grewal said the US Digital Asset Market Clarity Act is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup. Speaking in a Wednesday interview on Fox Business, Grewal said lawmakers are nearing agreement on core elements of the crypto market structure bill, even as debate continues over stablecoin yield. “I think we’re very close to a deal,” he said. The remarks point to possible movement on one of the last major sticking points in Senate talks over crypto market structure legislation: whether stablecoin issuers or platforms should be allowed to offer yield or similar rewards. The dispute has helped delay a Senate Banking Committee markup, leaving the broader effort to set federal rules for digital asset oversight still unr...
  • XRP price down nearly 30% in 2026 as chart flashes $1 warning
    Cointelegraph.com - 08:36 Apr 02, 2026
    XRP price down nearly 30% in 2026 as chart flashes $1 warningXRP price charts remained bearish amid increasing signs that the $1 level could be tested as support in the coming weeks. XRP (XRP) traded 64% below its multi-year peak of $3.66 on Thursday, as more signs of a potential deeper correction toward $1 emerged. Key takeaways: XRP faces stiff resistance above $1.40, where more than 1.1 billion tokens were previously acquired. Read more
  • Bitcoin risks new lows as US dollar targets highest level since April 2025
    Cointelegraph.com - 07:16 Apr 02, 2026
    Bitcoin risks new lows as US dollar targets highest level since April 2025Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark new lows across crypto and risk assets. Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Meanwhile, one trader warned that a strengthening dollar “will send crypto and stocks to new lows.” Key points: Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation. Read more
  • Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit
    Cointelegraph.com - 06:12 Apr 02, 2026
    Former FTX head of engineering fined $3.7M to resolve CFTC lawsuitSingh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities. Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his role in the collapse of the crypto exchange and the misappropriation of user funds. As part of the supplemental consent order, Singh will be required to pay a disgorgement of $3.7 million, while a five-year ban on trading in markets and an eight-year registration ban are imposed, blocking him from obtaining a license to operate in the sector, the US Commodity Futures Trading Commission (CFTC) said in a statement on Wednesday. “The initial consent order and supplemental consent order resolve the CFTC’s enforcement action against Singh,” it added. Read more
  • Alabama becomes second US state to grant DAOs legal status under DUNA
    Cointelegraph.com - 05:56 Apr 02, 2026
    Alabama becomes second US state to grant DAOs legal status under DUNAThe legislation “embraces innovation, protects participants and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings. The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17, and has now been signed by Alabama Governor Kay Ivey, according to a16z Crypto. Speaking about the bill’s passage, a16z Crypto’s head of policy and general counsel, Miles Jennings, said on Wednesday that “decentralized governance is essential to crypto’s future — it’s one of the core constructs in market structure legislation.” Read more

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