Treasury Invites Public Feedback on Framework Bridging State and Federal Stablecoin Rules The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, seeking public input on stablecoin regulation. The federal agency is advancing implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, focusing on how state-level regulatory regimes compare with federal standards. The announcement stated: “The NPRM is the first regulation Treasury has proposed to implement the GENIUS Act.” “The GENIUS Act directs Treasury to, through notice and comment rulemaking,…
Category: Bitcoin News
CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement – Regulation Bitcoin News
Court Order Concludes CFTC Case Against FTX’s Former Head of Engineering The U.S. derivatives regulator took enforcement action against a former crypto executive as part of a broader fraud case. The Commodity Futures Trading Commission (CFTC), an independent federal agency overseeing U.S. derivatives markets, announced on April 1 that it resolved its action against former FTX head of engineering Nishad Singh, outlining penalties and ongoing obligations. The filing details: “The order imposes disgorgement of $3.7 million, requires Singh to continue cooperating with the Commission, and imposes a five-year trading ban…
Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally – Markets and Prices Bitcoin News
Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by choppy consolidation between $67,500 and $68,200, bitcoin ignited a mid-morning rally, hitting an intraday peak of $69,268. The momentum proved fleeting, however, as a wave of profit-taking dragged the asset back below $68,000 by 10 a.m. EST. By 1 p.m. EST, the top cryptocurrency mounted a second offensive, momentarily…
Biggest DeFi Hack of 2026? – Crypto News Bitcoin News
DRIFT Token Crashes After Protocol Reports Major Onchain Exploit The funds moved to wallet address HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES, which blockchain explorers have flagged as potentially attacker-controlled. The wallet holds additional assets, including wrapped bitcoin and other tokens. Community monitors like Lookonchain and Peckshield first detected the suspicious outflows around 1:30 Eastern time. “We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while we investigate. This is not an April Fools joke. Proceed with caution until further notice. We’ll provide additional updates…
Biggest IPO Ever? Elon Musk’s SpaceX Targets $1.75 Trillion in Public Offering – Bitcoin News
SpaceX Eyes June 2026 IPO Bloomberg reported the filing on April 1, 2026. The submission is a draft registration statement, meaning full financial disclosures and a formal prospectus remain private while the SEC reviews the materials. Under standard rules, a public S-1 filing typically follows two to three months later. If that timeline holds, SpaceX could debut on public markets as early as June 2026. The company is targeting a valuation above $1.75 trillion. That figure has climbed sharply from the roughly $800 billion valuation attached to a recent secondary…
Bitcoin Whale Last Active in 2014 Executes Five-Transaction Move Totaling 500 BTC – Crypto News Bitcoin News
Nearly 1,911 BTC From Dormant Wallets Moved in March 2026, Onchain Data Reveals The five transactions were recorded between 8:21 p.m. and 8:40 p.m. UTC. Blockchain data logged by btcparser.com shows the wallet was created on May 1, 2014, placing the coins among bitcoin‘s earliest generation of holders, addresses that predate most institutional awareness of the asset. The transfers were 100 BTC per transaction increments (1, 2, 3, 4, 5), spread across two block heights: 943105 and 943109. The wallet had held its position for nearly 12 years before moving…
Digital Asset Firm Coinshares Lists on Nasdaq After $1.2 Billion Vine Hill Combination – Crypto News Bitcoin News
Coinshares Goes Public on Nasdaq Under CSHR The listing completes a business combination between Coinshares International Limited, special purpose acquisition company Vine Hill Capital Investment Corp. (Nasdaq: VCIC), and a newly formed holding company, Coinshares PLC, previously known as Odysseus Holdings Limited. Coinshares International Limited is now a wholly owned subsidiary of Coinshares PLC, which serves as the publicly listed parent company. The transaction was valued at approximately $1.2 billion pre-money equity value and was anchored by a $50 million institutional common equity commitment. Coinshares manages more than $6 billion…
Ripple Launches Digital Asset Accounts as XRP and RLUSD Enter Core Corporate Treasury Workflows – Featured Bitcoin News
Ripple Launches Digital Asset Accounts as CFOs Integrate Blockchain Into Core Treasury Operations A new development in corporate finance infrastructure is emerging as blockchain adoption expands into enterprise treasury systems. Ripple announced on April 1 the launch of Digital Asset Accounts and Unified Treasury within its treasury platform, introducing what it describes as the “first treasury management system (TMS) with native digital asset capabilities.” Ripple Treasury’s senior vice president, Renaat Ver Eecke, stated: “Digital assets have arrived at the CFO’s desk, and the question has shifted from whether to engage…
Franklin Templeton Acquires 250 Digital to Launch Franklin Crypto Institutional Unit – Bitcoin News
Franklin Templeton Expands Into Active Crypto With 250 Digital Acquisition The deal, terms of which were not disclosed, was reported by The Wall Street Journal on April 1, 2026. Franklin Templeton, a San Mateo, California-based asset manager with more than $1.7 trillion in assets under management, expects to close the transaction in the coming months. 250 Digital was spun off from Coinfund in January 2026 as a standalone liquidity and trading strategies business. Christopher Perkins and Seth Ginns, both former Coinfund executives, led that spinoff and will continue in key…
XRP Closes Q1 2026 Down 27%, Market Capitalization Plummets $29 Billion – Markets and Prices Bitcoin News
From Peak to Plunge XRP concluded the first quarter of 2026 with a staggering 27% retraction from its year-end 2025 valuation, cementing its position as one of the most significant laggards in the current crypto landscape. While the year opened with a flicker of optimism, the subsequent price action has been a definitive study in sustained selling pressure. The asset started the year trading at $1.85, quickly gaining momentum to reach a year-to-date zenith of $2.40 on Jan. 6. However, this rally proved to be a bull trap. The gains…