The European Securities and Markets Authority (ESMA) has warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with traditional finance players. “We cannot rule out that future sharp drops in crypto prices could have knock-on effects on our financial system,” ESMA’s executive director Natasha Cazenave said …
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AI agent platform Virtuals revenue plunges to $500 a day with token down 90%
The artificial intelligence agent creation and monetization platform Virtuals Protocol has seen its daily revenue plummet to just $500 as demand for crypto AI agents continues to wane. “Probably one of the wildest crypto charts of the cycle,” Blockworks researcher Sharples said in an April 8 X post. Steep decline in AI agent creation Sharples …
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Shaquille O’Neal gets judge’s greenlight for $11M Astrals NFT settlement
Former NBA star Shaquille O’Neal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers. Florida federal court judge Federico Moreno granted approval of the settlement between O’Neal and the class group led by Daniel Harper in an April 1 order made available on April …
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Melania Trump’s memecoin team ‘quietly sold’ $30M, says Bubblemaps
The team behind US first lady Melania Trump’s memecoin, Melania Meme (MELANIA), has moved $30 million worth of the token out of the project’s community funds and has begun selling them, says blockchain analytics firm Bubblemaps. Bubblemaps said in an April 7 X post that 50 million MELANIA tokens worth around $30 million “was moved …
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Hackers hide crypto address-swapping malware in Microsoft Office add-in bundles
Malicious actors are attempting to steal crypto with malware embedded in fake Microsoft Office extensions uploaded to the software hosting site SourceForge, according to cybersecurity firm Kaspersky. One of the malicious listings, called “officepackage,” has real Microsoft Office add-ins but hides a malware called ClipBanker that replaces a copied crypto wallet address on a computer’s …
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Trump tariffs could lower Bitcoin miner prices outside US, says mining exec
The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to sell their surplus inventory for cheaper, says Hashlabs Mining CEO Jaran Mellerud. “As machine prices rise in the U.S., they could paradoxically decrease in the rest …
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RedStone targets trading latency with new oracle on MegaETH
RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading. According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be rolled out to …
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Bitcoin price could rally even as global trade war rages on — Here is why
Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start on April 9. Markets deteriorated when Peter Navarro, trade adviser to US President Donald Trump, …
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Cboe BZX files to list Canary's SUI ETF
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any …
Bitcoin weekly RSI hits bull market low as trader sees $70K BTC price bottom
Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows. In X analysis on April 7, popular trader and analyst Rekt Capital predicted that BTC/USD could find its floor near old all-time highs from 2021. History suggests $70,000 should end BTC price dip Bitcoin can dip as low …
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