An unidentified cryptocurrency whale injected $14 million in Ether and repaid millions in stablecoins to prevent the forced liquidation of a $340 million position. The maneuver came amid a sharp market downturn that has already wiped out billions across decentralized finance (DeFi) platforms. According to blockchain analytics firm Lookonchain, the whale holds 220,000 ETH in
Kelvin Maina
Kelvin Maina is a professional crypto and Forex technical analyst with a Bachelor’s degree in Computer Science and experience in the industry since 2017. He has authored several crypto white papers and supported multiple cryptocurrency launches through marketing and technical writing expertise.
Waqar Zaka, a Pakistani television host turned cryptocurrency advocate, has spent years pushing for digital currency legalization in his country. His efforts have spanned legal battles, social media campaigns, and direct engagements with policymakers. Yet, his influence is not without controversy, as legal challenges and allegations complicate his role in the ongoing policy debate. Zaka
Waqar Zaka’s Fight for Crypto Legalisation in Pakistan
Tether is exploring a U.S.-specific stablecoin amid regulatory changes under President Donald Trump’s administration. The El Salvador-based company, which holds approximately $144 billion in tokens in circulation, currently does not serve U.S. customers. But that may soon change. CEO Paolo Ardoino confirmed Tether is in ongoing talks with U.S. officials about new rules for stablecoins—digital
Tether Plans US Stablecoin as Trump Shifts Rules
An unidentified cryptocurrency whale injected $14 million in Ether and repaid millions in stablecoins to prevent the forced liquidation of a $340 million position. The maneuver came amid a sharp market downturn that has already wiped out billions across decentralized finance (DeFi) platforms. According to blockchain analytics firm Lookonchain, the whale holds 220,000 ETH in
Whale Adds $14M to Shield $340M ETH Stake
Hong Kong’s financial regulator has formally approved crypto staking services for licensed firms, opening the door to broader virtual asset participation in one of the world’s fastest-growing digital markets. On April 7, the Securities and Futures Commission (SFC) released detailed guidance allowing virtual asset trading platforms (VATPs) and authorised virtual asset funds (VA Funds) to
Hong Kong Approves Crypto Staking Amid $700B Surge
Solana’s total value locked (TVL) surged to its highest level since June 2022 even as its native token, SOL, declined 9% between March 28 and April 4. The uptick in deposits signals sustained growth in decentralized finance (DeFi) activity on the network, despite waning investor sentiment following a major token unlock. On April 2, Solana’s
Solana TVL Climbs as Whales Sell Amid Price Drop
Public blockchains will become the foundation of tomorrow’s global financial markets, said HashKey Group Chairman and CEO Xiao Feng during the opening keynote of the 2025 Hong Kong Web3 Festival. Describing them as “a new generation of financial infrastructure,” Xiao argued that blockchain enables a governance system capable of large-scale, cross-border collaboration. He emphasized the
HashKey Chair Says Blockchain Will Power Next Industrial Revolution
Most major DeFi protocols suffered a dramatic decline in revenue in March, signaling a broad slowdown across onchain activity. Projects operating on Ethereum, Solana, and BNB Chain posted double-digit drops, coinciding with a steep decline in total value locked (TVL) and trading volumes across key blockchains. According to The Block’s Data and Insights newsletter, March
DeFi Revenues Plunge as Onchain Activity Slows
As fears of stagflation and policy volatility intensify, the CEO of Hilbert Group believes the erosion of U.S. dollar dominance could ultimately benefit crypto markets. Speaking on the Crypto Options Unplugged podcast, Barnali Biswal, Hilbert’s chief executive, described current macroeconomic pressures as short-term headwinds but emphasized the longer-term potential of a “multipolar world” where de-dollarization
Hilbert CEO Sees Dollar Decline Boosting Crypto
Billions of dollars continue to pour into Bitcoin exchange-traded funds, even as Ethereum grapples with volatile flows. In the final days of March and into early April, U.S.-listed Bitcoin ETFs recorded sharp, sustained inflows, while Ethereum’s ETF sector struggled with consistent withdrawals. Bitcoin funds led by BlackRock and Fidelity accounted for the lion’s share of
Bitcoin ETFs Attract Billions While Ethereum Flows Waver
The U.S. stock market lost more in a single day than the entire cryptocurrency market is worth. On April 4, Wall Street recorded a staggering $3.25 trillion loss in market value, surpassing the $2.68 trillion market cap of all cryptocurrencies combined. The loss followed mounting investor fears after President Donald Trump announced sweeping tariffs on
Wall Street Daily Drop Tops Crypto Market Value
Scotland has recorded a 2,000 percent rise in cryptocurrency-related crime since 2019, according to Police Scotland’s Policing in a Digital World Annual Report 2025. Officials attribute the surge to serious and organized crime groups rapidly adopting digital currencies to obscure their operations. Police Scotland confirmed the growing scale of the problem, stating that “serious and