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Tether mints an additional 1 billion USDT on the Ethereum chain

5 hours ago

On April 30th, as monitored by WhaleAlert, 2 minutes ago, Tether minted an additional 1 billion USDT on the Ethereum blockchain.
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European digital bank Bunq has launched a cryptocurrency service, powered by Kraken.

April 30th: The European digital bank Bunq announced the commencement of Bunq Crypto on April 29th. This enables users to make investments in more than 300 cryptocurrencies such as Bitcoin, Ethereum, and Solana. The service will initially be accessible in the Netherlands, France, Spain, Ireland, Italy, and Belgium, and technical support will be provided by Kraken. Bunq stated: "Our global users have been eagerly anticipating a straightforward, secure, and direct means to invest in digital assets for a long time." Bunq's research shows that "approximately 65% of European consumers desire to manage banking, savings, and cryptocurrency investments through a single platform." Moreover, over 50% of the respondents expressed an interest in cryptocurrency but found that existing platforms were lacking in terms of convenience and security.

3 minutes ago

BlackRock files for $150B money market fund digital securities on blockchain to reflect ownership

On April 30th, as per ETF analyst @ETFhearsay, BlackRock has submitted an application for a $150 billion money market fund digital stock (referred to as DLT). In this case, the stock will make use of blockchain technology to represent ownership. It is reported that DLT shares will only be sold through the Bank of New York Mellon. The intention is to use blockchain to reflect ownership, which may potentially serve as a precursor or preparation for future digital currency/cash usage.

3 minutes ago

Italian Central Bank Warns Cryptocurrencies Pose Risk to Financial Stability

On April 30th: The Bank of Italy declared in its April 2025 Financial Stability Report that the vigorous growth of Bitcoin and other crypto assets with highly volatile prices not only brings risks to investors but may also pose a potential threat to financial stability because of the increasingly strong connection between the digital asset ecosystem and the traditional financial sector and real economy. The report also pointed out that non-financial firms holding Bitcoin are "exposed to significant price volatility" and gave a warning that USD-pegged stablecoins "could pose risks if they were to become systemically important."

3 minutes ago

The Trump Media Group is planning to launch Truth Social Utility Token

On April 30th, according to The Block, Trump Media & Technology Group declared in a shareholder letter that, as part of an incentive plan, they are examining the introduction of a utility token into the Truth digital wallet. This token could initially be utilized to cover Truth+ subscription fees and might potentially be applicable to other products and services within the Truth ecosystem in the future. In January of this year, the company launched the fintech brand Truth.Fi and had previously submitted a trademark application for the service of "downloadable computer software for use as a digital wallet."

3 minutes ago

US Secretary of Commerce: Has Reached a Trade Agreement with an Unnamed Country

On April 30th, US Commerce Secretary Lutnick stated in an interview with CNBC on Tuesday that he had reached a trade agreement with an unnamed country. He said: "My agreement has been achieved, achieved, achieved, achieved. But I need to await the approval of their leader and their parliament, and I anticipate approval in the near future." This trade agreement is set to be the first one reached by the Trump administration. Nevertheless, Lutnick declined to disclose the specific country. (Oriental Fortune Network)

3 minutes ago

Trump Plans to Use AI Chips as a New Bargaining Chip in Trade Negotiations

On April 30th, three individuals with knowledge of the matter stated that the Trump administration is in the process of amending a regulation from the Biden era which restricts countries worldwide from obtaining artificial intelligence chips. Potential modifications involve canceling the categorization of various countries globally into several tiers in order to assist in determining the amount of advanced semiconductor a country can access. The sources indicated that these plans are still in the process of discussion and cautioned that this could undergo changes. Nevertheless, if implemented, this could create an opportunity to utilize US chips as a more potent bargaining chip in trade negotiations. The previous regulation was issued in January of this year and was intended to divide the usage rights of cutting-edge artificial intelligence chips and control the weight of certain models to maintain the most advanced computing power within the United States and its allies. Currently,

3 minutes ago