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Here’s what happened in crypto today


Today in crypto, stablecoin issuer Circle filed to go public in the US, Ethereum's revenue from blob storage sinks to its lowest level of 2025 and Binance halts select Tether (USDt) spot trading pairs in the European Economic Area.Circle files for Initial Public Offering planned for AprilUSDC...

Backpack opens claims process for former FTX EU users


Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe.According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.Backpack...

Crypto miner backs US senator's efforts to incentivize using flared gas


Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state.In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the...

Crypto miner backs US senator's efforts to incentivize using flared gas


Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state.In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the...

Circle files for Initial Public Offering planned for April


Crypto stablecoin issuer Circle Internet Group has filed with the US Securities and Exchange Commission to go public on the New York Stock Exchange.The USDC (USDC) issuer is planning to list its Class A common stock under the symbol “CRCL,” according to its April 1 Form S-1 registration...

Trump-affiliated crypto mining venture mulls IPO — Report


American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg.  On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired...

Trump-affiliated crypto mining venture mulls IPO — Report


American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg.  On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired...

AI Coins Rebound as OpenAI’s $40B Raise Sparks Fresh Momentum


Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan’s Softbank, Microsoft, and other investors. With this latest round, OpenAI’s valuation now stands at $300 billion. OpenAI’s $40B Funding Round Lifts...

Ethereum's weekly blob fees hit 2025 lows


The Ethereum network’s main source of income from layer-2 (L2) scaling chains — “blob fees” — has sunk to the lowest weekly levels so far this year, according to data from Etherscan. In the week ending March 30, Ethereum earned only 3.18 Ether (ETH) from blob...

APX Lending gains exemptive relief from Canadian Securities Administration


APX Lending, a crypto-backed loan company, has gained exemptive relief from the Canadian Securities Administration (CSA) to offer crypto-backed loans without requiring traditional dealer registration or prospectus filings.“Over the last 2 years, APX developed a […] regulatory framework...

Blockchain Association CEO will move to Solana advocacy group


Kristin Smith, CEO of the US-based Blockchain Association, will be leaving the cryptocurrency advocacy group for the recently launched Solana Policy Institute.In an April 1 notice, the Blockchain Association (BA) said Smith would be stepping down from her role as CEO on May 16. According to...

GoMining launches $100M Bitcoin mining fund for institutional investors


GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards...

$10.1B Floods Into Stablecoins in March — Sector Sees Major Capital Inflow


The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning...

US lawmaker will reintroduce crypto retirement bill to help Trump agenda


For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.In a March 31 Fox News interview, Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation...

US lawmaker will reintroduce crypto retirement bill to help Trump agenda


For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.In a March 31 Fox News interview, Sen. Tuberville said he planned to reintroduce his “Financial Freedoms Act”...

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