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1 week ago | 
crypto.news | Micah Zimmerman |Jayson Derrick
Blocksquare and Vera Capital are launching a $1 billion effort to bring U.S. real estate on-chain. The partnership will tokenize a portfolio of commercial and multifamily properties across the country using Blocksquare’s blockchain-based infrastructure, according to a release shared with crypto.news. The first property, a $5.4 million commercial asset in Fort Lauderdale, has already been tokenized.
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1 week ago | 
crypto.news | Micah Zimmerman |Jayson Derrick
Decentralized perpetuals exchange KiloEx has reported a recent $7.4 million hack to the Hong Kong police and is preparing a compensation plan for affected users. In a detailed update posted on X, the platform said it is working with the police’s Criminal Division and Cybercrime Unit, as well as blockchain security firm SlowMist, to investigate the incident and track the hacker’s identity.
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1 week ago | 
crypto.news | David Marsanic |Jayson Derrick
Trump-linked WLFI issued $128 million USD1 stablecoins, opting for BNB chain as the primary avenue. World Liberty Financial, a company linked to U.S. President Donald Trump’s family, minted $128.07 million in tokens on April 14. According to information shared with crypto.news by BNB Chain, the decentralized blockchain ecosystem originally incubated by Binance (BNB), almost 90% of these tokens are BNB, with the rest on Ethereum (ETH).
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1 week ago | 
crypto.news | David Marsanic |Jayson Derrick
U.S. stocks see major losses, tech stocks fare the worst as Nvidia risks a $5.5 billion revenue loss due to export restrictions on China. After this week’s relatively low volatility, U.S. stocks are tumbling again. This time, tech stocks and Nvidia were leading the declines. On Wednesday, April 16, Nasdaq was trading at 16,216.68, losing 606.49 points or 3.61%. Still, the rest of the market also suffered, as investors turned bearish due to fears of a trade war.
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1 week ago | 
crypto.news | Benson Toti |Jayson Derrick
Greek exchange Athens Exchange Group has moved closer to adopting a Sui-based order book following its collaboration with Mysten Labs. On April 16, the Sui (SUI) team announced that Athens Exchange Group, or ATHEX, had finalized the technical design for an onchain fundraising platform that will leverage zero-knowledge proofs on the Sui blockchain.
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1 week ago | 
crypto.news | Benson Toti |Jayson Derrick
Stocks trimmed gains, led by global chip makers, to see the U.S. stock market opened on Wednesday, April 16. Although the likes of Nvidia were slightly up as investors reacted to news China had indicated its readiness to engage the United States amid ongoing tariffs war, earlier losses impacted greater sentiment and contributed to the major indices opening lower. Nvidia (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), and ASML Holding (ASML) all fell sharply in premarket trading.
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1 week ago | 
crypto.news | Micah Zimmerman |Jayson Derrick
Crypto market maker DWF Labs has expanded its footprint to the United States with the launch of a new office in New York City. The firm also disclosed a $25 million purchase of governance tokens from World Liberty Financial (WLFI), a DeFi platform inspired by former President Donald J. Trump. The expansion is part of DWF Labs’ broader growth strategy aimed at strengthening institutional relationships, hiring U.S.-based talent, and engaging more directly with regulators and academic institutions.
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1 week ago | 
crypto.news | Benson Toti |Jayson Derrick
The outage that hit Amazon’s cloud computing platform, impacting major cryptocurrency exchanges, is a ‘textbook example’ of the shortcomings of centralized systems, experts say. On April 15, major crypto exchanges Binance, KuCoin, and others suffered temporary network interruptions, forcing the platforms to briefly halt withdrawals for users.
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1 week ago | 
crypto.news | Micah Zimmerman |Jayson Derrick
ZKsync confirmed that a compromised admin account drained approximately $5 million worth of ZK tokens from its airdrop contract. The exploit affected only unclaimed tokens and did not compromise user funds or the core protocol, the team said in a statement on X. “This is an isolated incident caused by a compromised key and confined to the ZK Token airdrop contract,” ZKsync’s security team wrote. An investigation is ongoing, and the team has promised a detailed incident report.
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1 week ago | 
crypto.news | Micah Zimmerman |Jayson Derrick
CleanSpark announced it might begin selling a portion of its Bitcoin production to fund operations, while deepening its relationship with Coinbase Prime. Bitcoin miner CleanSpark has expanded its capital strategy with a $200 million Bitcoin-backed credit facility from Coinbase Prime, marking a shift away from its previous 100% Bitcoin HODL strategy. Announced Tuesday, the company said it will begin selling part of its monthly Bitcoin (BTC) production to fund operations and support growth.
