Japan Approves Legislation Granting Crypto Financial Instrument Status
According to a recent report by Nikkei, the Japanese government has approved a bill classifying cryptocurrencies as financial instruments, further legitimizing their status in the country. The legislation aims to…
Ethereum Treasury Firm Ether Machine Ends $1.6B SPAC Deal With Dynamix
Key Highlights The Ether Machine and Dynamix Corporation have mutually terminated their $1.6 billion SPAC merger, canceling plans to list on Nasdaq under ETHM. A $50 million break-up fee will…
Freedom of Money Is CZ’s Attempt to Rewrite History — And It Starts With a Feud
On April 8, 2026, Changpeng Zhao released his memoir titled ‘Freedom of Money,’ marketed as the considered, post-incarceration testimony of a reformed elder statesman of crypto. Within 24 hours, the…
Bhutan Offloads $18M Bitcoin in Fresh Sale as Strategy Shifts
Key Highlights Bhutan has sold close to $180 million worth of Bitcoin in 2026. The sales are managed by Druk Investments, and they are being executed in phases. The recent…
Hong Kong Advances Stablecoin Rules With First Licences
Key Highlights HKMA issues its first stablecoin licences to HSBC and Anchorpoint Financial Limited, marking the rollout of its regulatory regime. Only 2 of 36 applicants were approved, reflecting a…
Circle Defends USDC Freezes as $270M Drift Exploit Sparks Debate
Key Highlights Circle says USDC freezes during the Drift exploit were executed only under legal orders, not internal discretion. The $270M Drift Protocol exploit sparked criticism over delayed response and…
WLFI Drops 15% After $75M DeFi Borrow Sparks Concerns
Key Highlights WLFI dropped around 15% in a day after its treasury borrowed $75 million, taking the token to hit an all-time low. Over $40 million of borrowed funds moved…
Ethereum Adds 284K Users in Q1 as Network Activity Surges
Key Highlights Ethereum gained 284,000 new users in Q1 2026, representing an 82% rise from the previous quarter. Transactions and active addresses reached 200.4 million and 12.6 million, respectively, indicating…
Kraken’s Fed Account Sparks Debate Over Crypto Risks
Key Highlights Kraken receives a Federal Reserve master account, gaining limited direct access to U.S. payment rails. Lawmakers, including Maxine Waters, question the approval process and potential oversight gaps. The…
Senator Lummis Urges Action on CLARITY Act Before 2026 Midterms
Key Highlights Cynthia Lummis warns that the current Congress may be the last opportunity until 2030 to approve the Digital Asset Market Clarity Act. The initiative is gaining momentum with…