Crypto Vesting

The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token.

In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC), describing it as “a community driven digital currency.”

Source: Daniel Green

A member of Powell’s staff confirmed to the BBC that the account had been hacked and that “steps were taken quickly to secure the account and remove misleading posts.”

DEX Screener shows the HOC token saw limited interest from would-be investors, achieving a peak market cap of just over $24,000 shortly after the posts from Powell’s account.

The token has seen a total of 736 transactions and a trading volume of just $71,000.

While Powell hasn’t promoted a cryptocurrency before, it

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Fresh from successfully convincing game retailer GameStop to add Bitcoin to its balance sheet, Strive Asset Management CEO Matt Cole has now set his sights on fintech firm Intuit to do the same.

Cole said in an April 14 open letter to Intuit CEO Sasan Goodarzi that Intuit’s growth is admirable, but Bitcoin (BTC) is the best way to ensure the company’s long-term success and hedge against any potential disruption caused by artificial intelligence.

Intuit’s flagship products are its tax preparation app TurboTax and the small business accounting software Quickbooks. The company laid off 10% of its staff in July to pursue its AI endeavors, but Cole said the firm needs an additional hedge because TurboTax is at risk of being automated away by AI. 

“While we appreciate Intuit’s own investments and internal implementation of AI, we believe

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Mantra CEO John Mullin said he is planning to burn all of his team’s tokens in order to win back the trust of the network’s community following the sudden collapse of the Mantra (OM) token on April 13.

“I’m planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back,” Mullin posted to X on April 16.

Mantra set aside 300 million OM, 16.88% of the token’s nearly 1.78 billion total supply, for its team and core contributors that are currently locked and were scheduled to be released in stages between April 2027 and October 2029, according to an April 8 blog post.

The team’s tokens are worth around $236 million with OM currently trading around 78 cents, but were worth around $1.89 billion before the token sank

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A hacker compromised a ZKsync admin account on April 15, minting $5 million worth of unclaimed airdrop tokens, according to a statement from the official ZKsync X account. The attack was described as isolated, with no user funds affected.

Following an investigation, ZKsync detailed the incident on April 15, disclosing that the compromised account had administrative control over three airdrop distribution contracts. The attacker exploited a function called sweepUnclaimed() to mint 111 million unclaimed ZK tokens, increasing the total token supply by 0.45%. As of the latest update, the attacker still held control of most of the stolen funds.

Source: ZKsync

ZKsync is coordinating recovery efforts with the Security Alliance (SEAL). According to the protocol, its governance and token contracts are unaffected. The company stated that no further exploits are possible

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CleanSpark will start selling a portion of the Bitcoin earned from its mining operations each month in a bid to become financially self-sufficient, the US Bitcoin miner said on April 15. 

In addition, CleanSpark secured a $200 million credit facility backed by Bitcoin (BTC) through an agreement with Coinbase Prime, the institutional brokerage division of the crypto exchange, according to a statement.

Together, the Bitcoin sales and credit line mean CleanSpark has “achieved escape velocity — the ability to self-fund operations, augment our bitcoin treasury, and contribute to expansion capital through operational cash flow,” Zach Bradford, CEO of CleanSpark, said. 

CleanSpark has opened an institutional Bitcoin trading desk to facilitate the cryptocurrency sales, it added. 

Crypto mining stocks are down sharply in 2025. Source: Morningstar

Related: Bitdeer turns to self-mining Bitcoin, US operations amid

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Spot Bitcoin (BTC) exchange-traded funds saw a total of $872 million in net outflows between April 3 and April 10, causing traders to wonder if overall interest in Bitcoin is fading. The strong selling pressure began on April 3, as global trade tensions increased and fears of an economic recession grew. This trend is especially concerning after two days of spot Bitcoin ETF net flows below $2 million on April 11 and April 14.

Spot Bitcoin ETFs aggregate net flows, USD. Source: CoinGlass

Bitcoin’s price has remained relatively stable near $83,000 for the past five weeks, which further suggests weak interest from both buyers and sellers. On one hand, this lack of volatility could show that Bitcoin is becoming a more mature asset class. For example, several S&P 500 companies have dropped 40% or more from their all-time highs, while Bitcoin’s largest drawdown

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Blockchain infrastructure provider Figment has been selected as the staking provider for 3iQ’s newly approved Solana exchange-traded fund (ETF), underscoring Canada’s continued efforts toward adoption of digital asset financial products.

Figment will enable institutional staking for the 3iQ Solana (SOL) Staking ETF, which launches on the Toronto Stock Exchange on April 16 under the ticker SOLQ, the companies said in a statement. In addition to 3iQ, Figment provides staking infrastructure solutions to more than 700 clients. 

The Ontario Securities Commission (OSC), a provincial regulator, green-lighted 3iQ’s SOL fund on April 14. The approval was also extended to other fund managers seeking to offer SOL ETFs, including Purpose, Evolve and CI.

As Bloomberg ETF analyst Eric Balchunas reported at the time, the funds are permitted to stake a portion of their SOL holdings through TD Bank, Canada’s second-largest

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Large language model developer OpenAI is reportedly working on a new social media network, putting the company on a collision course with Elon Musk’s X and Mark Zuckerberg’s Meta Platforms.

Citing anonymous sources, The Verge reported on April 15 that OpenAI is developing an “X-like social network” that combines ChatGPT’s image generation tools and a social feed, presumably to allow users to share their AI-generated pictures with a broader audience. 

It’s unclear whether OpenAI will spin out a new social media platform or roll the features into ChatGPT, the sources said.

OpenAI has become one of the most powerful technology companies in the world following the overwhelming success of its ChatGPT models. Its first-mover advantage in the AI race allowed it to raise $40 billion at a $300 billion valuation in a funding deal that was spearheaded by

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On April 6, Bitcoin price formed a death cross on a daily chart — a technical pattern where the 50-day moving average (MA) falls below the 200-day MA. Historically associated with trend reversals and long bearish trading periods, this ominous signal has sometimes preceded major market drawdowns.

The latest death cross comes amid growing macroeconomic uncertainty. Equities are reeling from what appears to be the early stages of a tariff war, volatility is rising, and fear continues to dominate investor sentiment. For some investors, Bitcoin’s death cross could be the final blow to hopes of a near-term rally. Early signs of capitulation from short-term holders may already be emerging.

Still, not everyone sees doom ahead.

Bitcoin death crosses history

By definition, a death cross confirms the end of a bullish phase. When the 50-day MA drops below the 200-day MA, it suggests recent price action has weakened relative to

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US President Donald Trump is venturing deeper into the world of digital assets, with a new project blending gaming and cryptocurrency elements, Fortune reported, citing sources familiar with the project.

The project, set to launch in late April, will resemble MONOPOLY GO!, a mobile game where players travel around a board and earn money for constructing buildings in a digital city, according to the report.

Bill Zanker, a member of Trump’s circle and part of the team that helped launch Trump’s memecoin and various NFT collections, is behind the game, Fortune cited the sources as saying. A spokesperson for Zanker denied any similarity to Monopoly, while confirming that Zanker is working on a game, according to the report.

The Monopoly board game is owned by Hasbro, a company that acquired Parker Brothers, its original publisher, in 1991. Zanker

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