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Trump’s next crypto play will be Monopoly-style game — Report

US President Donald Trump is venturing deeper into the world of digital assets, with a new project blending gaming and cryptocurrency elements, Fortune reported, citing sources familiar with the project.

The project, set to launch in late April, will resemble MONOPOLY GO!, a mobile game where players travel around a board and earn money for constructing buildings in a digital city, according to the report.

Bill Zanker, a member of Trump’s circle and part of the team that helped launch Trump’s memecoin and various NFT collections, is behind the game, Fortune cited the sources as saying. A spokesperson for Zanker denied any similarity to Monopoly, while confirming that Zanker is working on a game, according to the report.

The Monopoly board game is owned by Hasbro, a company that acquired Parker Brothers, its original publisher, in 1991. Zanker reached out to Hasbro in May 2024 to seek a license for a Trump-branded Monopoly game, according to the sources, who requested anonymity due to the ongoing nature of business dealings.

Zanker declined Fortune's requests for an interview.

Trump’s next crypto play will be Monopoly-style game — Report
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Red flag? Mantra's TVL jumped 500% as OM price collapsed

The total-value-locked (TVL) on Mantra’s RWA blockchain protocol reached a yearly high despite OM’s 90% price crash.

Mantra TVL surges 500% following OM’s crash

As of April 15, Mantra’s TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama.

Mantra’s cumulative TVL chart. Source: DefiLlama.

Interestingly, the TVL rise accompanied a dramatic collapse in OM prices, which plunged over 90% during the weekend. The Mantra team attributed the sell-off to “reckless forced liquidations” initiated by centralized exchanges.

A rising TVL typically indicates that users are locking more tokens into a protocol’s smart contracts via staking, liquidity pools, lending, or farming for yield or network participation.

Red flag? Mantra's TVL jumped 500% as OM price collapsed
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Bitcoin price recovery could be capped at $90K — Here’s why

After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin’s (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is currently closer to $90,000 than its new range bottom. 

Bitcoin 1-day chart. Source: Cointelegraph/TradingView

Bitcoin’s higher time frame (HTF) market structure has achieved its first breakout of 2025, fueling optimism among bulls for significant upward momentum. However, the following factors could limit BTC’s gains over the next two weeks, likely capping its price at around $90,000.

Related: Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'

Bitcoin needs spot volume, not just leverage-driven

Cointelegraph identified a cooldown period in the futures market as the BTC-USDT futures leverage ratio dropped by 50%. De-leveraging in the futures market is a positive development over the long term, but derivatives traders have taken control of the market at the time as well.

Bitcoin price recovery could be capped at $90K — Here’s why
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Bitdeer turns to self-mining Bitcoin, US operations amid tariff tumult — Report

Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production as looming trade wars rock global supply chains and cryptocurrency markets. 

Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand for its mining hardware from other miners, Bloomberg reported on April 15.

“Our plan going forward is to prioritize our own self-mining,” Jeff LaBerge, Bitdeer’s head of capital markets and strategic initiatives, reportedly said. 

Additionally, Bitdeer plans to scale US hardware manufacturing in the second half of the year as US President Donald Trump touts plans to penalize foreign imports and promote domestic manufacturing, Bloomberg said.

“This is something we’ve been planning for a long time,” LaBerge said about the manufacturing plans. “We want to bring jobs and manufacturing back to America.”

Bitdeer turns to self-mining Bitcoin, US operations amid tariff tumult — Report
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Ethena Labs exits German market following agreement with BaFin

Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy.

Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of its local subsidiary, Ethena GmbH, according to an April 15 announcement.

Source: Ethena Labs

As such, Ethena Labs “will no longer be pursuing MiCAR authorization in Germany,” the company said, referring to the Markets in Crypto-Assets Regulation.

The company reiterated that Ethena’s German subsidiary has not conducted any mint or redeem activity for USDe since March 21, the day BaFin halted the stablecoin’s activities. As Cointelegraph reported at the time, the German regulator identified compliance failures and potential securities law violations tied to USDe.

Ethena Labs exits German market following agreement with BaFin
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Crypto podcasters should always assume their audience knows nothing

Opinion by: Blake Cassidy, CEO of Bamboo

Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow.

While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in for the first time just trying to learn crypto — might decide learning Spanish is easier.

Podcasters are more vital to crypto’s adoption rate than ever

Keeping regular listeners engaged is important, but so is making sure newbies, who are only listening because they’re sick of hearing their mates brag about crypto at work, can follow along, too.

You can see this balance pulled off well in some of the biggest crypto podcasts out there. Crypto podcasts that cater to the hodler and the novice enjoy dedicated followings and high view counts, whether the market is feeling bullish or bearish. 

Crypto podcasters should always assume their audience knows nothing
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Bitcoin trader doubts breakout 'significance' as BTC price nears $87K

Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Bitcoin price faces multiple resistance hurdles

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeking to break through $86,000.

Continued strength through the weekend had set up the pair for an attack on levels closer to $90,000, these absent since early March.

Concerns over macroeconomic volatility, with the US trade war at its center, nonetheless kept market participants from calling an end to the Bitcoin bull market correction.

Bitcoin trader doubts breakout 'significance' as BTC price nears $87K
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Ethereum market share nears historic lows as ETH price risks falling to $1,100

Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100.

Ethereum’s market dominance keeps falling

On April 9, Ethereum’s market dominance, or the measure of Ether’s share of crypto’s overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph Markets Pro and TradingView data

This value was merely a hair’s breadth above the all-time low of 7.09% reached in September 2019.

“Ethereum dominance is so very close to registering new all-time lows,” said popular crypto analyst Rekt Capital in an April 13 post on X, adding:

“Ethereum Dominance needs to hold this green area to position itself to become more market-dominant over the coming months.”

ETH market dominance %. Source: Rekt Capital

Ethereum market share nears historic lows as ETH price risks falling to $1,100
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Mantra and Terra Luna: Nothing in common but a token crash

The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.

“While it’s tempting to draw parallels between OM’s recent crash and the Terra Luna collapse, they’re fundamentally very different events,” said Ben Yorke, vice president of ecosystem at the decentralized finance (DeFi) project Woo, in a statement to Cointelegraph.

Alexis Sirkia, chairman of the DeFi infrastructure project Yellow Network, agreed. “There are no real similarities apart from the visual of the price dropping,” he said.

Visual similarity — different numbers

Mantra’s OM token dropped 92% on April 13, dropping from over $6 to around $0.52 within hours. According to data from CoinGecko, OM lost $5.4 billion in market capitalization in less than four hours.

By contrast, TerraClassicUSD (formerly UST) took five days to lose a similar percentage, shedding $17.2 billion.

Mantra’s OM crash in April 2025 versus USTC (formerly UST) crash in May 2022 (seven-day chart). Source: CoinGecko

Mantra and Terra Luna: Nothing in common but a token crash
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Pump.Fun’s PumpSwap DEX processed $2.5B of trades last week, up 40%

Market data shows PumpSwap, the decentralized exchange of memecoin launch platform Pump.Fun, processed $2.5 billion of trades last week.

DefiLlama data shows that in the week of April 6, PumpSwap saw a trading volume increase of nearly 40% over the previous week starting on March 30, with its trading volume of $1.8 billion. Since its launch in late March, the decentralized exchange (DEX) has processed $98.4 million of trades.

The news follows Pump.Fun launching PumpSwap on March 19, as a dedicated “frictionless environment” for trading memecoins. The DEX attracted considerable trading activity, exceeding $1 billion of volume in its first week of activity.

Related: Pump.fun memecoins are dying at record rates, less than 1% survive

According to Dune data, PumpSwap’s trades reached a new record high daily count of over 6.1 million on April 12, and on April 14 the platform saw over 5.7 million swaps. It also saw its highest daily active wallets, reaching nearly 264,500 — over 163,000 recurring and 101,000 new.

Pump.Fun’s PumpSwap DEX processed $2.5B of trades last week, up 40%
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DeFi platform KiloEx offers $750K bounty to hacker

Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. 

On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity agencies and exchanges to uncover information about the hacker’s activities. 

The DEX also shared wallet addresses linked to the hackers that the DeFi platform and other organizations are actively monitoring. KiloEx said they were prepared to freeze the stolen funds. However, the DEX offered the hacker $750,000 in exchange for returning 90% of the stolen assets. 

KiloEx said that it would treat the incident as a white hat exploit if the hacker returned the funds.

Hacker stole $7.5 million from KiloEx

On April 14, cybersecurity companies reported that an exploiter looted the platform through a price oracle vulnerability. A report from PeckShield said that about $3.3 million in Base, $3.1 million opBNB and $1 million BSC tokens were taken. 

DeFi platform KiloEx offers $750K bounty to hacker
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Crypto’s debanking problem persists despite new regulations

The crypto industry’s inability to access banking services still concerns many industry observers despite recent policy victories.

In past years, financial services firms and banks concerned about fiduciary risk, reporting liabilities and reputational risk often would refuse to offer service to crypto firms — i.e., “debanking” them. 

Legislative efforts in the United States and Australia are attempting to remove these barriers for the crypto industry. In the former, legislators repealed guidelines that made it difficult for banks to custody crypto assets, as well as those stating that crypto carried “reputational risk” for banks. In the latter, the Labor Party has introduced a bill to create a legal framework for crypto, giving banks the clarity they need to interact with the crypto industry.

Despite these tangible efforts, some crypto industry observers say that the crypto’s debanking problem is far from over. 

US crypto execs say debanking is still an issue 

The crypto industry has long decried “Operation Chokepoint 2.0,” its nickname for a suite of policies that they claim constrained the crypto industry from growing under the administration of former President Joe Biden. Among these were measures making it more difficult for crypto firms to access banking services. 

Crypto’s debanking problem persists despite new regulations
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Is Bitcoin the new safe haven during trade wars?

Bitcoin joins the safe-haven debate as trade tensions rise

For decades, investors fled to gold and US Treasurys during crises, but in today’s digital, decentralized world, Bitcoin is starting to enter the safe-haven conversation. Despite its volatility, Bitcoin (BTC) has shown signs of resilience during global turbulence, including trade wars, prompting a fresh look at its role in preserving value.

Let’s rewind a bit to understand where this question comes from. 

For decades, whenever uncertainty rattled the global economy, be it war, inflation, or sudden political shifts, investors did what they always do — run to the safest hills. Historically, those hills were made of gold or filled with US Treasury bonds. But things are changing. 

In a world that’s more digital, decentralized, and volatile than ever, people are asking whether Bitcoin might now be part of the conversation as a modern safe-haven asset, especially during disruptive events like trade wars.

Is Bitcoin the new safe haven during trade wars?
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Can you really buy anything with Pi coin? Find out here!

Key takeaways

Pi coin finally went live on open mainnet in February 2025, unlocking real-world use cases after years in closed beta.

You can spend Pi coin, but mostly within P2P communities and KYC-verified Pi apps — mainstream adoption is still in its early stages.

Pi is now tradable on several CEXs, such as OKX, Bitget and MEXC, but Binance still hasn’t listed it despite 2 million+ user voters lobbying for the listing.

Merchant adoption is growing slowly, with real goods and services being exchanged for Pi in localized markets and app-based ecosystems.

Often described as a crypto for the people, Pi is a decentralized project that runs without the need for GPUs or gas fees. But five years since its closed mainnet launch in 2021, the million-dollar question still hangs in the air: Can you actually buy anything with Pi coin in 2025?

Can you really buy anything with Pi coin? Find out here!
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Crypto ‘uninvestable’ if exchanges ignore manipulation: DeFiance CEO

A crypto investment executive said the biggest problem with digital asset markets is price manipulation, claiming that collusion between market makers and exchanges distorts token prices. 

Arthur Cheong, founder of crypto investment firm DeFiance Capital, said in an X post that market makers and crypto projects work together to create artificial prices that can be sustained for long periods. Cheong wrote: 

“You don’t know whether the price is a result of organic demand & supply or simply due to projects and market makers colluding to fix the price to achieve other objectives.”

He added that if the industry’s players don’t step up and improve the situation, a big part of the crypto market will remain “uninvestable for the foreseeable future.”

Centralized exchanges turning a “blind eye” 

Cheong said it was strange that centralized exchanges (CEXs) are “turning an absolute blind eye” to the issue. He described the altcoin market as a “lemon’s market,” a term in economics that describes a market where low-quality products drive out the good due to information asymmetry.

In addition, Cheong described most token generation event pricing in 2025 as an “absolute joke” where the assets’ prices went down by 70% to 90% a few months after listing. “Anyone that bought is down massively,” Cheong added. 

Crypto ‘uninvestable’ if exchanges ignore manipulation: DeFiance CEO
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XRP price analysts project $10 next, ‘optimistic’ target of $20

XRP (XRP) price is up 15% over the past seven days from a low of $1.61. According to several technical analysts, a sustained recovery daily close above $2.20 will signal a strong trend reversal that could put double digits within reach.

XRP/USD daily chart. Source: Cointelegraph/TradingView

XRP price must reclaim $2.20

After the cryptocurrency market experienced a relief rally due to US President Donald Trump’s announcement of tariff exemptions for a range of tech products, traders are optimistic about the possibility of XRP price breaking into double digits.

Analyst DOM said XRP’s recent retest of the support at $1.96 saw it regain a key “value area” above $2.00, established in December 2024. 

“$2.20 is now the only objective here,” the analyst said in an April 13 post on X, adding that a decisive move above this level would lead to a rise toward $2.50.

XRP price analysts project $10 next, ‘optimistic’ target of $20
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Only 11% of El Salvador’s registered Bitcoin firms operational

Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law. 

Local media outlet El Mundo cited data from the Central Reserve Bank of El Salvador, showing that 11% of the service providers are operational. According to the central bank’s database, the rest of the providers are classified as non-operational. 

The data showed that at least 22 non-operational providers have failed to meet most of the country’s Bitcoin Law requirements, which mandate that providers implement stringent supervision of their financial systems. 

Most of El Salvador’s Bitcoin service providers are non-operational

El Salvador’s Bitcoin Law requires providers to maintain an Anti-Money Laundering (AML) program, keep records that accurately reflect the company’s assets, liabilities and equity and have a tailored cybersecurity program depending on the nature of its services. 

The data showed that 89% of the registered providers have failed to meet some of these obligations to be classified as operational. 

Only 11% of El Salvador’s registered Bitcoin firms operational
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Bitcoin shows growing strength during market downturn — Wintermute

Bitcoin is showing growing resilience to macroeconomic headwinds compared with traditional financial markets, according to an April 14 report from crypto market maker Wintermute.

The report noted that Bitcoin (BTC) has held up relatively well during the ongoing market downturn, even as the S&P 500 and Nasdaq dropped to their lowest levels in a year and bond yields surged to highs that had not been seen since 2007.

“Bitcoin’s decline was comparatively modest, revisiting price levels from around the US election period,“ Wintermute wrote.

According to Wintermute, “This marks a notable shift from its historical behavior in crisis situations.” In the past, Bitcoin’s losses were considerably greater than those of traditional finance indexes. The shift highlights Bitcoin’s “apparent growing resilience amid macroeconomic turbulence.“

Founder of Obchakevich Research, Alex Obchakevich, told Cointelegraph that he expects this to be a temporary trend:

Bitcoin shows growing strength during market downturn — Wintermute
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Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'

Bitcoin (BTC) demands a breakout as a key leading indicator reaches its highest levels since January.

Data from Cointelegraph Markets Pro and TradingView shows the relative strength index (RSI) hinting at more BTC price gains next.

Bitcoin RSI breakout has days to “full confirmation”

Bitcoin bull runs traditionally begin with telltale RSI signals, and on daily timeframes, conditions are ripe for a classic BTC price rebound.

As BTC/USD made lower lows over the past month, RSI began trending in the opposite direction, setting higher lows and attempting a type of bullish divergence.

More recently, the daily RSI broke above the 50 midpoint, only to successfully retest it as support from above before making new multimonth highs.

Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'
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Binance, KuCoin, MEXC report service issues due to AWS network interruption

Update April 15, 9:17 am in UTC: This article has been updated with information throughout.

Binance, KuCoin, MEXC and other exchanges and wallet providers have been experiencing service issues due to a significant network interruption by Amazon Web Services (AWS).

Centralized cryptocurrency exchanges (CEXs) were hit by an AWS data center outage, which reported “connectivity issues” that affected at least 12 of its services on April 15.

AWS Service health. Source: Health.aws.amazon

“We are seeing initial signs of recovery but continue to monitor and work toward full recovery. Other AWS services are also impacted by this issue, and are also observing recovery. We will provide another update within the next 30-60 minutes,” AWS said in an April 15 update.

Binance, KuCoin, MEXC report service issues due to AWS network interruption
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Ethereum could be AI’s key to decentralization, says former core dev

There is a “huge opportunity” for Ethereum to become a decentralized partner in solving current problems with artificial intelligence platforms, according to a former core Ethereum developer. 

Ethereum’s “biggest mainstream moment is waiting in the wings with AI,” said Eric Connor on X on April 15. 

While AI is on a fast track to reshape almost every aspect of our lives, it is “plagued by black-box models, centralized data silos, and privacy pitfalls,” Connor continued. However, these problems create an opportunity for Ethereum to shine, he said.

Ethereum offers transparency through verifiable smart contracts, decentralization against big tech monopolies, aligned incentives via token economies, and built-in micropayment infrastructure, he added. 

Smart contracts can provide transparent records of AI model training processes and data sources, addressing the “black box” problem.

Ethereum could be AI’s key to decentralization, says former core dev
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Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin

The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.

In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.”

Palacios’ letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that was hoping to launch a stablecoin.

Tinian, which has just over 2,000 residents and a largely tourism-based economy, is governed by the local government, the Municipality of Tinian and Aguiguan, one of four municipalities in the Commonwealth of the Northern Mariana Islands.

In February, Republican Northern Marianas Senator Jude Hofschneider led the introduction of the bill to amend a local Tinian law to allow internet-only casino licenses, which tacked on a provision allowing the Tinian treasurer to issue, manage and redeem a “Tinian Stable Token.” 

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin
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Meta gets EU regulator nod to train AI with social media content

Tech giant Meta has been given the green light from the European Union’s data regulator to train its artificial intelligence models using publicly shared content across its social media platforms.

Posts and comments from adult users across Meta’s stable of platforms, including Facebook, Instagram, WhatsApp and Messenger, along with questions and queries to the company’s AI assistant, will now be used to improve its AI models, Meta said in an April 14 blog post.

The company said it’s “important for our generative AI models to be trained on a variety of data so they can understand the incredible and diverse nuances and complexities that make up European communities.”

Meta has a green light from data regulators in the EU to train its AI models using publicly shared content on social media. Source: Meta

“That means everything from dialects and colloquialisms, to hyper-local knowledge and the distinct ways different countries use humor and sarcasm on our products,” it added.

Meta gets EU regulator nod to train AI with social media content
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US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines

The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto council.

“We're looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,” Bo Hines of the Presidential Council of Advisers for Digital Assets said in a recent interview with Professional Capital Management CEO Anthony Pompliano.

Hines said the Treasury could revalue its gold certificates, valued at $43 per ounce, to the current market price of $3,200 per ounce, creating a paper surplus to fund Bitcoin purchases without selling gold.

“Everything is on the table, and like we've said, we want as much as we can get, so we’re going to make sure that no stone is unturned,” Hines said in the interview, which aired on April 14.

🇺🇸 LATEST: Executive Director of Digital Assets Bo Hines said the US government may buy Bitcoin using tariff revenue. pic.twitter.com/Gfc2HiEJoL

US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines
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Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets

The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets. 

On April 11, Emblem Vault CEO, podcaster and NFT collector Jake Gallen said on X that he had been battling a “complete computer compromise” that ended up with a loss of Bitcoin (BTC) and Ether (ETH) assets from different wallets. “Unfortunately, this led to $100k+ in purchased digital assets being lost,” he said. 

Days later, Gallen said he had been working with cybersecurity firm The Security Alliance (SEAL) to track an ongoing campaign against crypto users by a threat actor identified as “ELUSIVE COMET.”

Gallen said the scam was facilitated over the video conference platform Zoom, which resulted in his crypto wallet being drained. 

“We were able to retrieve a malware file that was installed on my computer during a Zoom call with a YouTube personality of over 90k subs,” said Gallen on April 14. 

Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets
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Xapo Bank sees Bitcoin trading surge as wealthy investors bought the dip

Gibraltar-based Xapo Bank, a private bank and Bitcoin custodian, reported a surge in Bitcoin trading volumes in the first quarter as its high-net-worth members scooped up Bitcoin amid market turbulence. 

Xapo Bank said that Q1 trading volume grew 14.2% compared to Q4 2024, as the Bitcoin (BTC) price drop helped drive trading volume growth on its platform. It said that during the decline, its high net-worth members “actively bought the dip,” reflecting these members’ “commitment to the long-term potential of Bitcoin.”

In the first quarter of 2025, Bitcoin had its worst start to a year since 2018, closing the quarter down 13%. 

The crypto-friendly bank became the first licensed bank to launch interest-bearing Bitcoin and fiat banking accounts in the UK in 2025 and launched Bitcoin-backed USD loans of up to $1 million in March 2025.

Xapo Bank’s self-selected poll on X showed respondents favored using Bitcoin for savings and investment. Source: Xapo Bank

Xapo Bank sees Bitcoin trading surge as wealthy investors bought the dip
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Bitcoin held by publicly listed firms climbs 16% in Q1: Bitwise

The amount of Bitcoin held on the books of publicly traded companies rose by 16.1% in the first quarter of 2025, according to crypto fund issuer Bitwise.

Total company Bitcoin (BTC) holdings rose to around 688,000 BTC by the end of Q1, with firms adding 95,431 BTC over the quarter, Bitwise reported in an April 14 X post.

The value of the combined Bitcoin stacks rose around 2.2%, reaching a total combined value of $56.7 billion with a price per BTC of $82,445, the firm added.

Source: Bitwise

Bitwise noted that the number of public companies holding Bitcoin rose to 79, with 12 firms buying the cryptocurrency for the first time in Q1.

Bitcoin held by publicly listed firms climbs 16% in Q1: Bitwise
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Decentralized exchange KiloEx says $7.5M exploit has been contained

Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. 

The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X.

“The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” KiloEX said. 

“We are analyzing the attack vector and affected assets. We are collaborating with ecosystem partners to trace and recover funds where possible.” 

Source: KiloEX

Decentralized exchange KiloEx says $7.5M exploit has been contained
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Tether partners with Ocean mining pool to decentralize Bitcoin block-building

Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to Ocean’s Bitcoin mining pool in an effort to strengthen the network’s decentralization.

“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether’s CEO Paolo Ardoino said in an April 15 statement.

Source: OCEAN Mining

While Bitcoin hashrate is decentralized, the block-building process conducted by mining pools is mostly centralized by a few dominant actors — most notably Foundry USA, AntPool and ViaBTC.

The Ocean protocol attempts to decentralize this process by empowering miners to build their own block templates using their open-source Datum protocol, reducing dependency on centralized intermediaries and enhancing censorship resistance, Tether said.

Tether partners with Ocean mining pool to decentralize Bitcoin block-building
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Bitcoin takes back seat as Trump, Bukele focus on trade and immigration

US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda.

Pressing issues of migration and bilateral security cooperation set the tone of Bukele's first official meeting at the White House during Trump's second term. 

According to a livestream shared by Bukele’s office on X, Trump raised the possibility of transferring US citizens convicted of crimes to prisons in El Salvador, urging Bukele to expand the country’s prison system to house more prisoners. “I said homegrowns are next, the homegrowns. You gotta build about five more places.” 

Source: Nayib Bukele

Since taking office, the Trump administration has deported hundreds of alleged foreign criminal individuals to El Salvador under a $6 million deal between the countries.

Bitcoin takes back seat as Trump, Bukele focus on trade and immigration
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