DL News

Binance co-founder Changpeng Zhao and TRON founder Justin Sun are pushing back after a Wall Street Journal report claimed Zhao agreed to provide evidence against Sun as part of his 2023 plea deal with US authorities.

The story, published Friday, details Binance’s recent push to reduce US oversight while pursuing business ties with World Liberty Financial, a crypto firm backed by Donald Trump’s family.

It cites unnamed sources who allege Zhao, who served a four-month sentence for anti-money-lau

JPMorgan Chase CEO Jamie Dimon is predicting a “kerfuffle” in the US Treasury market that will trigger an intervention from the Federal Reserve.

In other words, the money printer could get switched on again soon.

On Friday, a top Fed official said they are ready to help stabilise the market if needed, reported the Financial Times.

Treasury yields have already begun showing signs of volatility, with the 10-year yield soaring to 4.5% from 3.9% earlier this month.

Bitcoin is up 5.5% to $83,750

Traders are increasingly betting that XRP, the cryptocurrency linked to Ripple, will trade below $2 by the summer.

Data from Deribit, a crypto derivatives exchange, shows that a large number of options contracts — financial instruments that give the right to buy or sell an asset at a specific price — are concentrated around lower price targets for April and May. That suggests a growing number of investors expect XRP to lose value in the short term.

XRP traded at $2.01 on Friday and has swung a

Blockchain researchers have published a paper on a new restaking system that they say is more efficient and secure than current methods.

Called Elastic Restaking, the new approach lets blockchains squeeze more efficiency out of restaked assets while also improving on security.

“What if I could allocate some portion of money to a service, but I could have, across all my allocations, more than 100%? This is what we call Elastic Restaking,” Roi Bar-Zur, one of the paper’s authors at the Technion

Crypto projects secured $171.5 million this week despite US President Donald Trump’s flip-flopping tariff policies hurling markets into chaos.

Nine firms bagged new cash injections between April 4 and April 10, pushing the total raised by crypto projects so far in 2025 to almost $7.7 billion, according to DefiLlama.

It could be just the start — Robert Le, an analyst at Pitchbook told DL News last week that he’s forecasting a $18 billion bonanza for crypto venture capital investments.

Here are

Crypto’s regulatory recalibration is underway, and the Securities and Exchange Commission is starting to put down its first markers.

The SEC’s Division of Corporation Finance published fresh guidance on how crypto firms should approach disclosures when offering or registering securities, marking one of the agency’s first major signals under its new leadership.

“We’re not saying your crypto assets are securities,” Commissioner Hester Peirce tweeted, “but if they are (and we’re working on clarif

Compliance missteps inside Cash App have resulted in a hefty fine for its parent company, Block.

New York’s Department of Financial Services imposed a $40 million penalty on the Jack Dorsey-founded fintech after identifying shortcomings in its anti-money laundering and know-your-customer protocols.

The regulator said Block failed to scale compliance as it expanded its Bitcoin buying and selling services, which rolled out to the public in early 2018.

It cited a 2022 internal investigation that

A trader who purchased a rare CryptoPunk last year sold the NFT on Thursday for a $10 million loss.

The trader bought CryptoPunk 3100 for $16 million in March last year. The sale became the third-highest price paid for a CryptoPunk in the collection’s history.

CryptoPunks are a collection of 10,000 unique, pixel art pictures created by the development studio Larva Labs. Each image is linked to a non-fungible token, or NFT.

This particular CryptoPunk is highly coveted because it is one of only

Donald Trump’s trade war is escalating.

But in crypto, some see a silver lining.

Take China, which just slapped new tariffs on the US after earlier this week devaluing its currency, dubbed the renminbi or the yuan, in a bid to boost exports.

Brace for a Bitcoin rally as Chinese investors seek to protect their wealth from diminishing purchasing power, say experts.

“Historically, whenever RMB drops, a lot of Chinese capital flows into BTC, bullish for BTC,” ByBit CEO Ben Zhou wrote on X, using

Even by crypto standards, it’s been a volatile week.

As industry enthusiasts and business leaders descended on Paris for a weeklong industry event in the heart of the French capital, token prices whipsawed.

The market’s largest digital assets plummeted by double digits on Monday, only to bounce back on Wednesday after US President Donald Trump announced he would pause harsh tariffs on the world’s largest economy.

Bitcoin, Ethereum and XRP all jumped 8% on Thursday morning.

By Friday, Ethereu

Donald Trump on Thursday signed his first piece of crypto legislation — a bipartisan bill repealing an Internal Revenue Service rule issued in the waning days of the Biden administration.

The rule classified websites and wallets that allow users to swap crypto as brokers. It would have swept up popular crypto wallet MetaMask or the website of decentralised exchange Uniswap, though not the underlying DeFi protocol.

DeFi apps and wallets were required to begin collecting vast amounts of customer

Donald Trump’s trade war is now putting Bitcoin miners in dire straits.

Hashprice — a key measure of profitability for Bitcoin miners — has dropped to $40, its lowest level since September 2024, and a number considered by many miners to be a worst-case scenario in terms of cost to mine.

“Oh my God, it’s literally chaos every day,” Nick Hansen, CEO of Bitcoin mining company Luxor, told DL News.

“Most miners were looking at $40 as their bear case,” said Hansen. He told DL News that he has spoke

The Department of Justice this week said it would stop pursuing certain crypto crimes. And that could be good news for Tornado Cash co-founder Roman Storm, crypto attorneys say.

In a four page memo published Tuesday, the department said it no longer intends to pursue cases in which it charges crypto mixers “for the acts of their end users or unwitting violations of regulations.”

“The memo was as good as the Storm team could have probably hoped,” said Bill Hughes, the general counsel at MetaMas

Paul Atkins is about to find out exactly how heavy the crown is.

On Wednesday, the US Senate confirmed President Donald Trump’s pick to lead the Securities and Exchange Commission in a 52-to-44 vote.

A long-time Washington insider, Atkins has ties to the crypto industry and is expected to super-charge Trump’s drive to relax the nation’s crypto rules.

“I’ve seen how ambiguous and nonexistent regulation of digital assets create uncertainty in the market and inhibit innovation,” Atkins said at h

Bitcoin options traders aren’t bullish about the asset’s near-term prospects.

That’s even as global markets exhaled on Wednesday amid President Donald Trump’s sudden 90-day pause on tariff hikes.

Despite a market-wide sigh of relief on Wednesday following President Donald Trump’s surprise 90-day pause on planned tariff hikes, Bitcoin options traders remain wary of a near-term upside.

The move spurred a global rally, lifting equities and sending cryptocurrencies higher. Bitcoin jumped above $8

Investors have piled into bets that crypto will reach new heights, according to eToro data.

The number of long crypto positions opened on April 7 — the day US President Donald Trump’s global trade war pushed Bitcoin’s price down to $74,440 — was 153% higher than the average number opened per day in March, according to the trading platform.

“Crypto investors on the platform saw this as a good entry point to add further to their positions, or get back in again,” Simon Peters, crypto market analy

Excitement about bringing stocks and bonds onto the blockchain has hit a fever pitch.

Ripple and Boston Consulting Group predicted in March the niche industry will reach $19 trillion over the next 10 years.

Larry Fink, the CEO of BlackRock, just waxed poetic about the benefits of tokenisation in his annual letter to shareholders.

Still, the dollar amount of traditional assets on blockchain today is just $20 billion, according to data from RWA.xyz.

That means the market will need to grow 950

Former Ethereum developer Virgil Griffith was released from prison on Wednesday after serving almost five years behind bars.

Griffith was sentenced in 2022 to 63 months in prison for assisting North Korea with evading sanctions.

His release from a Michigan low security prison comes on the conditions of parole and work restrictions, according to Brantly Millegan, executive director of the Ethereum Identity Foundation, who first shared the development on X.

VIRGIL GRIFFITH IS OUT OF PRISON!!!

Investors are running out of places to hide.

US Treasuries, once a handy haven in times of strife, aren’t looking so safe anymore. Jittery traders are bucking past trends and sending the dollar lower instead of higher.

Indeed, it’s rare for stocks, bonds, and the dollar to all be falling at once. But that’s what’s happening, and its alarming.

Meanwhile, US President Donald Trump’s extreme global tariff policies mean analysts are ripping up their earnings estimates and telling clients that a r

Crypto sceptic Mark Carney has never been this close to winning against his pro-Bitcoin rival Pierre Poilievere in Canada’s upcoming election.

That’s according to a bet on crypto prediction market Polymarket where punters give Prime Minister Carney a 79% chance of winning the vote. The key deciding factor among voters: who can best defend Canada against the threat from US President Donald Trump.

“We believe in international co-operation,” Carney said in a video shared on X. “We believe in the