Joel Ferreira de Souza, the main operator of the Braiscompany crypto Ponzi scheme in Brazil, was sentenced to 128 years in prison. The scheme raised more than $100 million from around 20,000 investors.  Other key players involved received sentences totaling more than 170 years combined.

A Spar supermarket in Zug, Switzerland, is accepting Bitcoin payments via the Lightning Network, marking a step in everyday crypto adoption. This initiative is part of a broader trend, with over 1,000 Swiss businesses now supporting Bitcoin transactions for goods and services.

Astar Network has reduced staking rewards from 25% to 10%. This action will help limit the number of tokens created, which will also help reduce inflation. The change comes after Astar's token (ASTR), reached an all-time low of $0.02.

Crypto mining companies rushed to ship $330 million in machines from Southeast Asia before U.S. tariffs took effect on April 9. New tariffs—36% on Thailand, 32% on Indonesia, and 24% on Malaysia—were announced by President Trump. The urgent shipments helped avoid $80 million in extra costs for U.S. buyers.

The Malta Financial Services Authority (MFSA) has issued a public warning regarding fraudulent documents being circulated to cryptocurrency traders. The forged letters, which appear to bear the MFSA’s official logo, falsely accuse individuals — primarily Bitcoin and Ethereum traders — of market manipulation and demand payment under threat of regulatory action. The MFSA confirmed the…

UK lawmaker Lucy Powell’s X account was hacked to promote a scam token called House of Commons Coin. The posts were quickly deleted after her team regained control. The scam token peaked at just $24,000 in value. This follows similar crypto scams that have recently targeted other politicians, including Ghana’s president.

Decentralized apps (dApps) earned $1.8 billion in Q1 2024, outpacing blockchains’ $1.4 billion, according to Milk Road. The trend is fueling the rise of appchains, as projects like Uniswap launch their own chains to capture fees and improve performance. This marks a shift in where value is created in crypto, signaling a new phase of…

VanEck’s Matthew Sigel has proposed “BitBonds,” a 10-year hybrid debt instrument combining 90% U.S. Treasuries and 10% Bitcoin exposure, to help refinance $14 trillion in government debt. The concept offers investors inflation protection and asymmetric upside, while reducing Treasury borrowing costs. Gains above 4.5% yield would be split between bondholders and the government.   The U.S. needs…