Category: News

Bitcoin price volatility ‘imminent’ as speculators move 170K BTC — CryptoQuant

admin

Bitcoin (BTC) speculators could spark “significant” BTC price volatility as a large tranche of coins moves onchain. In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is now due. CryptoQuant: “Volatility is coming” for BTC price Bitcoin short-term holders (STHs) are signaling that the current calm BTC price behavior may not last long. CryptoQuant reveals that 170,000 BTC owned by entities with a purchase date between three and six months ago has begun to circulate. “Around 170,000 BTC are…

Spar supermarket in Switzerland starts accepting Bitcoin payments

admin

Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions. A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network. The store’s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that accept BTC payments, DFX Swiss, a crypto-to-fiat payment solution firm, announced in an April 17 LinkedIn post. “This SPAR location is among the first supermarkets in Switzerland where you can pay directly at the checkout…

How to use a crypto hardware wallet in 2025

admin

TL;DR This guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet…

KiloEx exchange exploiter returns all stolen funds after $7.5M hack

admin

A hacker behind the $7.5 million KiloEx exploit returned all the stolen funds four days after the attack. Decentralized exchange (DEX) KiloEx had suspended platform operations after suffering the $7.5 million exploit, Cointelegraph reported on April 15. In a surprising turn of events, the wallet address behind the exploit has returned all of the stolen cryptocurrency loot to the DEX.  “#KiloEx exploiter -labeled addresses have returned ~$5.5M worth of cryptos to #KiloEx,” according to an April 18 X post from blockchain security platform PeckShieldAlert. Minutes after the transfer occurred, KiloEx…

Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

admin

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance of XRP.” XRP developer Ripple will serve as the fund’s anchor investor. In a separate X post, HashKey Capital said the fund aims to bring “more institutional capital into regulated XRP products and the broader…

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

admin

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum. In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.”  In April, Bitcoin dominance reached a four-year high, signaling that crypto investors are rotating their funds into an asset perceived to be…

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68

admin

The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70.  However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk measures are in place. “Synthetix and sUSD have weathered multiple bear markets and periods of stablecoin volatility; this is not the first resilience test,” a spokesperson from Synthetix told Cointelegraph. SUSD down almost 31% from its intended 1:1 peg sUSD is a crypto-collateralized stablecoin. Users lock up…

Crypto rug pulls have slowed, but are now more devastating: DappRadar

admin

There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing. Rug pulls have dropped in frequency year-over-year, with early 2024 recording 21 separate incidents, compared to only seven so far in 2025, according to an April 16 report from blockchain analytics platform DappRadar. However, since the beginning of 2025, the Web3 ecosystem has lost nearly $6 billion to rug pulls, according to DappRadar’s report. However, the report attributes…

Manta founder details attempted Zoom hack by Lazarus that used very real ‘legit faces’

admin

Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware.  The meeting seemed real with the impersonated person’s camera on, but the lack of sound and a suspicious prompt to download a script raised red flags, Li said in an April 17 X post. “I could see their legit faces. Everything looked very real. But I couldn’t hear them. It said my Zoom needs an update. But it…

Media mogul hits Justin Sun with countersuit in $78M sculpture dispute

admin

American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed a counterclaim against Sun on April 16, calling the Tron founder’s suit a “sham” and adding claims of “unethical and/or illegal business activities.” Sun sued Geffen in February, claiming that the statue was stolen from him by a former employee who then sold the artwork to Geffen in a deal worth around $65 million in artwork…