Day

April 17, 2025

Crypto, stocks enter ‘new phase of trade war’ as US-China tensions rise

April 17, 20250
Cryptocurrency and equities markets entered a “new phase of the trade war, amid ongoing tariff escalations between the United States and China.Global trade war concerns intensified on April 15 after the White House published a fact sheet announcing that Chinese imports would be hit with tariffs of up to 245%.The penalties include a “125% reciprocal...

North Korean hackers target crypto devs with fake recruitment tests

April 17, 20250
North Korean hackers linked to the $1.4 billion Bybit exploit are reportedly targeting crypto developers using fake recruitment tests infected with malware. Cybersecurity outlet The Hacker News reported that crypto developers have received coding assignments from malicious actors posing as recruiters. The coding challenges have reportedly been used to deliver malware to unsuspecting developers.Malicious actors approach...

5 reasons why FARTCOIN is rising faster than everything else

April 17, 20250
Fartcoin (FARTCOIN), a Solana-based memecoin launched in October 2024, has soared over 370% from its yearly low, outperforming Bitcoin (BTC) even as global trade tensions weigh on broader risk assets.These are the five key reasons why FARTCOIN is soaring faster than top cryptocurrencies.FARTCOIN/USDT vs. BTC/USD 30-day price chart comparison. Source: TradingViewPEPE boom similarities fuel FARTCOIN...

Bybit shuts down four more Web3 services after axing NFT marketplace

April 17, 20250
Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April.According to an April 16 announcement, the exchange is shutting down its Cloud Wallet (a hosted custodial wallet​), Keyless Wallet (non‑custodial multiparty computation wallet with no seed phrase​), NFT marketplace, multi‑chain decentralized exchange (DEX)​ DEX Pro and the...

Mantra OM token crash exposes ‘critical’ liquidity issues in crypto

April 17, 20250
Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported.While blockchain...

Babylon total value locked drops 32% as wallets unstake $1.2B in Bitcoin

April 17, 20250
Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, reducing the protocol’s total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked a total of 14,929 Bitcoin (BTC) from the staking platform. The security firm flagged four addresses that had unstaked 299 BTC, 499...

Polygon’s Nailwal: Jio partnership to drive real-world Web3 adoption for 450M users

April 17, 20250
As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization.Polygon is working with Jio, a telecom giant owned by India’s richest man, Mukesh Ambani, to find ways to infuse blockchain...

Bitcoin gold copycat move may top $150K as BTC stays 'impressive'

April 17, 20250
Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.”In a post on X on April 16, trading and analytics account Cryptollica predicted BTC/USD would copy gold to hit new all-time highs.Analysis sees key BTC price similarities to goldBitcoin has made headlines for its inability to follow in gold’s...

Binance helps countries with Bitcoin reserves, crypto policies, says CEO

April 17, 20250
Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said.Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17.“We have actually received quite a...

AI tokens, memecoins dominate crypto narratives in Q1 2025: CoinGecko

April 17, 20250
The cryptocurrency market is still recycling old narratives, with few new trends yet to emerge and replace the dominant themes in the first quarter of 2025.Artificial intelligence tokens and memecoins were the dominant crypto narrative in the first quarter of 2025, accounting for 62.8% of investor interest, according to a quarterly research report by CoinGecko....
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