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MEXC Ventures Launches $30 Million Initiative to Foster Web3 Talent


MEXC Ventures has launched IgniteX, a $30 million initiative aimed at nurturing Web3 talent and driving innovation in blockchain, AI, and fintech. The five-year program will support early-stage startups, academic partnerships, and developer communities worldwide. MEXC’s $30 Million IgniteX Program...

Bitcoin ETFs Plunge Back Into Red With $170 Million Exit


Bitcoin exchange-traded funds (ETFs) saw their recovery come to a sharp halt on Wednesday, April 16, logging a $170 million net outflow led by major withdrawals from Fidelity and Ark 21shares. Ether ETFs stayed firmly in the red, recording their seventh straight day of outflows. Bitcoin ETFs...

Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal


Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report. The fund, which focuses on early-stage startups with an emphasis on payments...

Bitget Burns $130 Million BGB 2.5% of the Total Token Supply


This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of...

Coinbase distances Base from highly criticized memecoin that dumped $15M


Crypto exchange Coinbase has distanced its blockchain network Base from a memecoin it shared that saw massive backlash after the token rapidly gained, then dropped in value by millions of dollars.Base posted to X on April 16 with an image promoting the network with its marketing tagline...

Trump-linked World Liberty Financial gets $25M investment from DWF Labs


Crypto market maker DWF Labs announced a $25 million investment in World Liberty Financial, the decentralized finance (DeFi) project backed by US President Donald Trump and his sons, as the company expands into the United States with an office in New York City. On April 16, Dubai-based...

Bitcoin could hit $1M if US buys 1M BTC — Bitcoin Policy Institute


A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the...

Bitcoin could hit $1M if US buys 1M BTC — Bitcoin Policy Institute


A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the...

Mantra CEO plans to burn team's tokens in bid to win community trust


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...

Mantra CEO plans to burn team’s tokens in bid to win community trust


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...

Axiom Hits $100 Million in Daily Volume, Dominates Solana Meme Market


Axiom, a rising meme coin trading platform on Solana, surpassed $100 million in daily volume on April 14, claiming half the market’s share. With a record 26,800 users trading that day, Axiom’s growth is driven by innovative tools, incentives, and viral community marketing. Solana Meme Platform...

Bitcoin ETFs End Outflow Run With Modest Rebound of $1.4 Million


Bitcoin ETFs finally reversed course on Monday with a modest $1.4 million inflow, breaking a week-long outflow streak. Ether ETFs, however, extended their losing trend with a $5.98 million exit led by withdrawals from Fidelity’s FETH. Bitcoin ETFs Edge Back Into Positive Territory While Ether ETFs...

Kiloex DEX Hacked for $7 Million


Decentralized exchange Kiloex suffered a $7 million exploit. Security firm Cyvers identified a potential price oracle vulnerability as the cause. Kiloex Calls for Blacklisting of Attacker’s Address Kiloex, a decentralized exchange (DEX) on the BNB Smart Chain, confirmed it was the victim of a...

Story’s IP Swings 20% in Volatile Trading Session


The majority of the trading volume during this event was concentrated on major exchanges Binance and OKX Spot, with over $40 million in trading volumes before the plunge and $138 million after recovery

Decentralized exchange KiloEx says $7.5M exploit has been contained


Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement...

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