Ripple acquisition of Hidden Road a ‘defining moment’ for XRPL — Ripple CTO

Ripple’s $1.25 billion acquisition of prime broker Hidden Road is a “defining moment” for the blockchain payments company, potentially unlocking more use cases for the XRP Ledger among institutions, said David Schwartz, Ripple’s chief technology officer.  “Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP,” Schwartz said on social …

Scaling the EVM requires an L1, not an L2

Opinion by: Jay Jog, co-founder of Sei Labs  When CryptoKitties crashed the Ethereum network in 2017, the industry learned a hard lesson about blockchain scalability. Today, with over $100 billion locked in decentralized finance (DeFi) and millions of non-fungible tokens (NFTs) being traded, that lesson is more relevant than ever. The Ethereum Virtual Machine (EVM) …

Crypto execs expect global banking push into Bitcoin by end of 2025

Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025. Speaking on a panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger said they expect a significant shift in the …

Cboe set to launch new FTSE Bitcoin futures product in April

The Chicago Board Options Exchange (Cboe) has announced the launch of a new Bitcoin futures derivative product. According to an April 7 announcement, Cboe plans to launch the FTSE Bitcoin Index futures on April 28, which is based on the VanEck Bitcoin Strategy ETF (XBTF), if approved by regulators. The new product will be cash-settled, …

Dubai gov’t agencies to link real estate registry with property tokenization

Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector. On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property …

Bitcoin’s 24/7 liquidity: Double-edged sword during global market turmoil

Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest US trade tariff announcement. Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable payments and trading opportunities 24/7 thanks to the accessibility of …

Can Pi Network succeed without listing on major exchanges?

No Binance listing for Pi Despite massive community support and over 2 million votes pushing for a Binance listing, Pi Network’s native token remains unlisted and unheard by the exchange as of April 2025. Pi Network launched with a bold, although somewhat farfetched mission: make cryptocurrency mining accessible to anyone with a smartphone. No expensive …

Trump administration reportedly shutters DOJ’s crypto enforcement team

The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen the document in an April 8 report. The official is quoted saying in the …

Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B

Blockchain-based payments network Ripple announced it has acquired crypto-friendly prime broker Hidden Road in one of the largest mergers in the cryptocurrency industry to date. Ripple is acquiring Hidden Road in a $1.25 billion deal, the company officially announced on April 8. The deal will make Ripple the first crypto firm to own and operate …

Web3 active developers drop nearly 40% in one year

Weekly active developers in the crypto space dropped by almost 40% in one year as “narrative-led” developments took over the industry.  Crypto data and analytics platform Artemis Terminal shows that on March 17, 2024, the number of active developers tagged on open-source repositories in a week was 12,380. The number dropped to around 7,600 on …