News section

The United States has launched a major crackdown on Garantex, a Russian-operated cryptocurrency exchange accused of handling massive illicit transactions. In a coordinated move, the Departments of State and Treasury announced new measures targeting the exchange and its network, which officials say has processed billions for cybercriminals.

Bitcoin price today trades near $92,530, sitting at the apex of a tightening symmetrical triangle on the daily chart. The market is struggling to break the descending trendline that has capped recovery attempts since mid-October, while spot and ETF outflows continue to pressure sentiment.

Arthur Hayes, co-founder of BitMEX, that CryptoPunks will outperform Ethereum this cycle in US dollar terms, arguing it’s less about blockchain fundamentals and more about status signaling in the digital age.

Ripple USD-backed stablecoin RLUSD is now live on Bybit, expanding Ripple’s stablecoin presence with USDT, BTC, ETH, XRP, and MNT trading pairs. The listing increases liquidity, opens cross-chain support on Ethereum (ETH) and the XRP Ledger (XRPL), and builds momentum for wider adoption.

A new, bizarre form of market attack has been identified on the Hyperliquid derivatives platform. Lookonchain reports that an attacker intentionally lost $3 million in collateral to inflict a $4.9 million loss on the Hyperliquidity Provider (HLP) fund via a POPCAT manipulation.

Adidas is taking another step into Web3 by creating a new line of non-fungible tokens (NFTs) for Xociety’s upcoming third-person shooter RPG game with role-playing game (RPG) elements. The exclusive collection includes virtual skins featuring black hoodies and neon tracksuits with official Adidas logo.

The platform Degentraland shared a Twitter thread on March 23, commenting on the necessity and immediacy of developing on-chain reputation scores for NFT projects.

FIFA has confirmed that its FIFA Collect digital collectibles platform will migrate to the EVM-compatible FIFA Blockchain on May 20.

JPMorgan expanded its digital asset strategy with a new commercial paper issuance executed directly on the Solana blockchain. The bank structured the short term instrument for Galaxy Digital Holdings and completed delivery versus payment using USDC for settlement, moving the entire flow onto public infrastructure rather than a private ledger.

A U.S. District Court decision now requires Apple to update its App Store rules, compelling the company to permit crypto and NFT app developers to link users to external payment options free of Apple’s fees. This was from an where the court found Apple violated a 2021 injunction connected to its antitrust battle with Epic Games.

JPMorgan expanded its digital asset strategy with a new commercial paper issuance executed directly on the Solana blockchain. The bank structured the short term instrument for Galaxy Digital Holdings and completed delivery versus payment using USDC for settlement, moving the entire flow onto public infrastructure rather than a private ledger.

Several high-profile altcoins are now testing crucial support zones after sharp declines over the past 24 hours. According to analyst Altcoin Sherpa, popular tokens like BONK, PENGU, and ENA are likely to revisit deeper Fibonacci retracement levels, which could offer key areas for a potential bounce.

Kraken Pro, the advanced crypto trading platform offered by the Kraken cryptocurrency exchange, has added a new feature. The newly added functionality allows clients in the EU to post crypto, including BTC, ETH, and certain stablecoins, as collateral when trading more than 150 perpetual futures markets.

Uniswap founder Hayden Adams has submitted a landmark governance proposal. The plan, titled “UNInception,” aims to activate protocol fees and align incentives across the ecosystem. Adams stated this is the first step toward a full on-chain vote.

Yuga Labs has formally proposed shutting down the ApeCoin DAO and transitioning its responsibilities to a newly formed entity, ApeCo, as part of a broader operational overhaul.

Global crypto exchange KuCoin announced the listing of Talus Network (US) on its spot market. The move marks another addition to its expanding roster of AI-focused blockchain projects.

Adidas is taking another step into Web3 by creating a new line of non-fungible tokens (NFTs) for Xociety’s upcoming third-person shooter RPG game with role-playing game (RPG) elements. The exclusive collection includes virtual skins featuring black hoodies and neon tracksuits with official Adidas logo.

Solana-based crypto wallet Phantom has begun rolling out its prepaid Visa debit card tied to Phantom Cash in the United States. Phantom said early access starts this week through a waitlist, with international expansion planned later.

Yuga Labs has formally proposed shutting down the ApeCoin DAO and transitioning its responsibilities to a newly formed entity, ApeCo, as part of a broader operational overhaul.

Solana recently reached a key milestone, reaching 100,000 transactions per second (TPS), to CoinMarketCap. The result, achieved during stress testing, asserts Solana’s claim as one of the fastest in the industry.