Day: April 1, 2025

Metaplanet adds $67M in Bitcoin following 10-to-1 stock split

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Japan-based Metaplanet has expanded its Bitcoin holdings, purchasing 696 BTC for 10.152 billion yen ($67 million), the company announced in an April 1 post on X. The investment pushes Metaplanet’s total Bitcoin stash to 4,046 BTC, valued at over $341 million at the time of writing. Source: Metaplanet Stock split targets investor accessibility The acquisition comes shortly after Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds to buy more BTC, Cointelegraph reported on March 31. Source: Simon Gerovich The move also comes shortly after Metaplanet’s 10-to-1 reverse stock…

Tether adds 8,888 Bitcoin in Q1 as holdings exceed $8.4B

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Tether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data. Onchain transaction data shows that Tether moved its newly acquired Bitcoin (BTC), worth roughly $750 million at the time of writing, from a Bitfinex address to a wallet it controls. Data provided by onchain analytics platform Arkham Intelligence shows that the firm currently holds 100,521 BTC, worth about $8.46 billion. Tether’s Bitcoin balance chart. Source: Arkham Intelligence The news follows mid-February reports that Tether could be forced to sell part of…

Trump-linked crypto ventures may complicate US stablecoin policy

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A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump’s family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest. The Trump-linked World Liberty Financial (WLFI) crypto platform launched the World Liberty Financial USD (USD1) US dollar-pegged stablecoin in early March, prompting concerns over potential conflicts of interest. Despite political pushback from Democratic Party lawmakers, WLFI’s stablecoin plans are in line with the current US stablecoin legislation, according to Anastasija Plotnikova, co-founder and CEO of blockchain…

Crypto hacks top $1.6B in Q1 2025 — PeckShield

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Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield. PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack. That incident was one of the largest crypto thefts to date. In addition to the Bybit hack, other attacks in February caused $126 million in losses. This included a…

Binance ends Tether USDT trading in Europe to comply with MiCA rules

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Binance has discontinued spot trading pairs with Tether’s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). Cryptocurrency exchange Binance has delisted spot trading pairs with several non-MiCA-compliant tokens in the EEA in line with a plan disclosed in early March, Cointelegraph has learned. While spot trading pairs in tokens such as USDt (USDT) are now delisted on Binance, users in the EEA can still custody the affected tokens and trade them in perpetual contracts. USDT is available for perpetual trading on Binance.…

The future of digital self-governance: AI agents in crypto

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Opinion by: Tomer Warschauer Nuni, chief marketing officer of Kima Network No one should be surprised that the crypto space is actively discussing the new wave of enthusiasm around AI and its limitless uses. According to proponents, AI represents the most promising approach to enhancing blockchain technologies and decentralized applications, driving greater autonomy and efficiency across the ecosystem. The use of AI agents in crypto trading and interoperability between traditional finance (TradFi) and decentralized finance (DeFi) has been quite fruitful. They also help improve user experience within the ecosystem and…

Bitcoin sellers ‘dry up’ as weekly exchange inflows near 2-year low

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Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says. In a post on X on April 1, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, declared that Bitcoin sellers had “dried up.” Average exchange inflows down 64% since November Bitcoin sell-side pressure has eased considerably since its first push above the $100,000 mark in late 2024, data shows.  Analyzing BTC inflows to major crypto exchanges, Adler revealed a sharp drop in the 7-day average total sent for sale. “The average selling…

OpenAI to release its first ‘open’ language model since GPT-2 in 2019

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OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware. In an update posted to X on March 31, OpenAI CEO Sam Altman said the artificial intelligence firm would release the powerful “new open-weight language model with reasoning” in the coming months but first wanted to gather feedback about “how to make it maximally useful.” “We’ve been thinking about this for a long time, but other priorities have taken precedence. Now it feels important to do,”…

SpaceX flight bankrolled by crypto investor launches first manned polar orbit

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Elon Musk’s SpaceX has sent a crew of four private astronauts on the first manned space flight to orbit the Earth’s poles, in a mission bankrolled and led by a wealthy crypto investor. Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin (BTC) mining pool F2Pool, paid for and is leading SpaceX’s “Fram2” mission, which is named after a 19th-century Norwegian Arctic exploration ship. Wang and three others blasted off from Cape Canaveral, Florida, at 1:46 am UTC on April 1, on a three- to five-day orbit that will…

Gutter Cat Gang token sale marred by ‘technical issues,’ reportedly low interest

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Non-fungible token (NFT) project Gutter Cat Gang (GCG) saw a rocky token launch of its GANG token on Apechain on March 31, attributed to a “technical issue” by a third party, though others pointed to reportedly low interest in the token. While GCG didn’t confirm these figures, it did state in a March 31 Discord post that no GANG tokens were distributed due to it encountering a “technical issue” by a third party.  “Bad news,” the chief architect of GCG, “Yugen,” wrote on GCG’s Discord channel. “The contract is stopping…