The US Department of Justice has clarified that cryptocurrency developers are not responsible for how their code is used by criminals and are not liable.

On April 17th, according to an official announcement, Binance is going to launch the 68th session of the Launchpool project Initia (INIT). Users are able to deposit BNB, FDUSD, and USDC into the INIT reward pool on Launchpool and start earning INIT from 08:00 on April 18, 2025 (UTC+8). The event will last for a total of 6 days. Binance will list the spot trading of Initia (INIT) at 19:00 (UTC+8) on April 24, 2025, and open trading pairs such as INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY, following the Seed Token Offering (STO) trading rules.

On April 17th, as monitored by LookOnChain, 35 minutes ago, a newly established wallet withdrew 1398 BTC from Kraken, with a total value of approximately $1.183 billion.

On April 17th, based on market information, pre-market cryptocurrency stocks related to US stocks and tech stocks generally witnessed a rise. These include: Coinbase (COIN) increased by 1.3%; Trump Media & Technology Group (DJT) rose by 1.11%; Tesla (TSLA) went up by 1.26%; MicroStrategy (MSTR) rose by 1.23%; MARA Holdings (MARA) increased by 0.97%; Riot Blockchain (RIOT) went up by 1.1%; Hut 8 Mining Corp. (HUT) rose by 1.17%. US Tech Stocks: Microsoft (MSFT) increased by 0.78%; Apple (AAPL) went up by 1.25%; Google (GOOG) rose by 1.16%; NVIDIA (NVDA) increased by 1.08%; Meta Platforms (META) rose by 1.5%; Amazon (AMZN) went up by 1.08%.

April 17th. According to official channels, the cross-chain interoperability protocol deBridge announced that the participants of the LFG event are able to claim their 50% allocated portion of the DBR token on the foundation's website. Those participants who selected "Option 1" during the token TGE in October of the previous year can also claim their 50% allocated portion and bonus. BlockBeats had previously reported that the circulating supply of the DBR token at its listing on October 17, 2024, was as follows: 10% for the community and bootstrap, 5% for the deBridge Foundation, and 3% for the ecosystem. The remaining 82% will begin to unlock six months after the Token Generation Event (TGE), with quarterly unlocks over a period of 3 years.

On April 17th, as reported by TechinAsia, this morning Federal Reserve Chairman Powell stated during an interview at the Chicago Economic Club that in the future, regulatory restrictions on banks engaging in crypto businesses may be loosened. Powell reviewed the "successive blows and frauds in the cryptocurrency field in recent years," but pointed out that the current industry environment has become more mainstream. "We have previously implemented relatively conservative regulatory guidance for banks—other banking regulatory agencies are even stricter, and I believe the relevant rules will be relaxed. The Federal Reserve will give top priority to safeguarding the safety and soundness of the financial system, promote moderate innovation while preventing consumers from bearing unknown risks and ensuring the security of banks." Since Trump took office in January of this year, federal banking regulatory agencies have continuously adjusted their stances on digital assets. Last month

On April 17th, as monitored by TheDataNerd, GSR Markets, a liquidity provider for Wallet Connect (WCT), transferred 4 million WCT to Binance 6 hours ago, which is equivalent to approximately $1.61 million. Today, GSR Markets has deposited a total of 7 million WCT into Binance, approximately $3.46 million.