Binance has begun requiring all users in India to complete identity re-verification (KYC) to comply with anti-money laundering (AML) regulations. This applies to both new and existing users.
Spar, the global supermarket chain, has started accepting Bitcoin payments at its Zug, Switzerland location. Customers can pay using BTC through the Lightning Network, powered by crypto payment provider DFX Swiss. In total, 1,013 stores and businesses across Switzerland now accept Bitcoin.
JUST IN: 🇺🇸 Fed Chair Jerome Powell says crypto is becoming more mainstream and legal framework for stablecoins is a good idea.ফেড চেয়ার জেরোম পাওয়েল বলেছেন যে ক্রিপ্টো ক্রমশ মূলধারার হয়ে উঠছে এবং স্টেবলকয়েনের জন্য আইনি কাঠামো একটি ভালো ধারণা।
Donald Trump's meme coin, TRUMP, is set to unlock 40 million tokens on April 18, releasing roughly $320 million worth of tokens to the project team — about 20% of the current circulating supply. This upcoming unlock has raised concerns about potential market pressure from a sell-off. Since launching in January, TRUMP has dropped around 83% from its peak, now trading near $8. The number of holders has also declined significantly, falling from 817,000 to 637,000, with a notable reduction in high-balance wallets.
Pumpfun has fully re-launched its livestreaming feature, making it available to all users. The platform warned that violations of its policies could result in the removal of livestreaming privileges, account suspension, and, if necessary, reports to law enforcement.
The BNB Chain testnet has successfully completed the Lorentz hard fork upgrade, reducing block times to 1.5 seconds and significantly enhancing transaction speed and overall network efficiency. Currently, the block time stands at 0.5 seconds on the opBNB testnet and 1.5 seconds on the BSC testnet. Mainnet upgrades are scheduled for April 21 (opBNB) and April 29 (BSC). Looking ahead, a further upgrade — Maxwell—is planned for June 2025, aiming to reduce block time to just 0.75 seconds.
Vitalik Buterin has unveiled a simplified L1 privacy roadmap designed to enhance user privacy on Ethereum without modifying its consensus mechanism. The roadmap targets four main areas: on-chain payment privacy, partial anonymization of in-app activity, privacy for on-chain data reads, and network-level anonymity. Suggested approaches include integrating privacy tools like Railgun into wallets, adopting a default “one address per app” model, implementing FOCIL and EIP-7701, and utilizing technologies such as Trusted Execution Environments (TEE) and Private Information Retrieval (PIR) to protect RPC interactions and minimize metadata exposure.
The state of Arizona has officially passed the Bitcoin Mining Rights Bill, HB 2342, aimed at protecting individuals operating nodes or mining digital assets from zoning or land use restrictions. The bill was approved by the Senate with a 17–12 vote and is now awaiting the Governor's signature to become law.
U.S. President Donald Trump has signed a resolution repealing a crypto tax rule that was finalized in the final days of the Biden administration. The now-overturned rule required custodial brokers to report user transaction data to the IRS and issue Form 1099s for non-employment income. The resolution, introduced by Republican lawmakers Ted Cruz and Mike Carey, successfully passed both the House and Senate before receiving presidential approval.
PancakeSwap has launched the Tokenomics 3.0 proposal aiming to achieve ~4% annual deflation, phase out staking, reduce emissions, and implement other changes.
Binance Megadrop has officially launched its fourth project: KernelDAO (KERNEL). Users can start participating in the KERNEL Megadrop on April 9, 2025, at 00:00 UTC. KernelDAO (KERNEL) will be listed for spot trading on Binance starting April 14, 2025, at 12:00 UTC.
Declan Fox, product manager at Linea, stated that the TGE will take place once market conditions shift from bearish to bullish. Earlier, a Linea Discord community admin confirmed that the TGE would not occur in the first quarter. The team plans to share further updates once the final timeline is set.
Pakistan has appointed Binance founder Changpeng Zhao (CZ) as an official strategic advisor to the Pakistan Cryptocurrency Council. Commenting on the appointment, CZ highlighted the country's vast potential, noting, “Pakistan is home to 240 million people, with over 60% under the age of 30. The opportunities here are limitless.”
Onchain Lens reported that the scammer wallet linked to ZkCasino saw its 20x leveraged long ETH position on Hyperliquid completely liquidated, leading to a $27.1 million loss. The scammer had earlier stolen over $40 million. ZkCasino had posed as a blockchain-based gambling platform, falsely promising investors they could recover their funds within 30 days.
The “Hyperliquid 50x whale” recently opened a 20x leveraged long position of 32,800 ETH, worth roughly $47.62 million. About 20 minutes prior to the trade, the whale deposited $3 million USDC into Hyperliquid as margin. The position was entered at a price of $1,461.6, with a liquidation level set at $1,399.
A resolution proposed by the Democratic Party in the Georgia House of Representatives recommends that the state’s Department of Education include educational content on “blockchain, cryptocurrency, and Web3” in the K-12 curriculum. The proposal cites the growing acceptance of Bitcoin and its frequent use as an alternative to traditional currencies.
The market is actively discussing Bitcoin's decoupling from the S&P 500 index.
It's likely one of two scenarios:
1) BTC has transformed into an independent asset class during this crisis. 2) BTC is simply lagging behind the S&P 500, giving us a leading signal of a larger upcoming drop.
CZ and Vitalik participated in the opening day of the MVB 9th Season offline acceleration camp hosted by BNB Chain in Hong Kong. The first day featured sessions on product-market fit, funding strategies, and Web3 growth flywheels, with insights shared by BNB Chain, YZi Labs, and AWS.