HuoXing Finance said that, per official updates on April 1, the total value locked (TVL) in USDD, a multichain overcollateralized decentralized stablecoin, has climbed past $2 billion. USDD's circulating supply also rose to $1.53 billion, with both metrics marking new all-time highs. The parallel rise in TVL and supply is being read as a sign of growing market confidence in USDD's stability and real-world utility. After TVL jumped from $1.45 billion to $1.93 billion over the prior week, USDD has continued to see sizeable inflows, reinforcing its positioning as a "yield-bearing USDT." USDD combines overcollateralization with a PSM-based 1:1 redemption framework and cross-chain support, a structure it says has helped it maintain resilience and user traction during periods of market volatility.

The CFTC's enforcement director said U.S. insider trading laws extend to prediction markets and warned the agency will actively pursue violations involving misappropriated information.

The U.S. Department of Justice has charged 10 foreign nationals tied to four crypto firms in a case alleging coordinated market manipulation. Prosecutors say the group orchestrated pump-and-dump schemes designed to push token prices higher through misleading promotion, then sell into the rally before retail traders could respond. Authorities allege the activity went beyond scattered online hype, describing an organized effort to manufacture market excitement and draw buyers into distorted price moves. Three senior executives, including two CEOs, were arrested and extradited from Singapore to face trial in the United States, highlighting growing cross-border cooperation in crypto-related enforcement. The case lands as the digital-asset industry continues to seek broader mainstream acceptance, with manipulation allegations fueling concerns about weak safeguards in parts of the market. The DOJ's action could add pressure on exchanges, market makers, and token issuers to strengthen compliance and internal controls. DOJ's broader message: crypto may be global, and enforcement is increasingly global as well. For investors, sudden price spikes without credible news, aggressive promotional waves, and thinly traded tokens remain key warning signs. While the charges are unlikely to eliminate manipulation immediately, they signal a willingness to pursue senior figures, not just low-level operators.

SEOUL — South Korean lawmakers are moving forward with legislation that would create a dedicated virtual asset watchdog as early as 2025, a step aimed at tightening market oversight and strengthening user protection in the country's fast-growing crypto sector. According to Newsis, the National Assembly's National Policy Committee began reviewing on March 31, 2025, a partial amendment to the Act on the Protection of Virtual Asset Users. The proposal would establish a new surveillance body made up of virtual asset service providers, designed to deliver a more systematic approach to monitoring the digital asset market. South Korea has pursued crypto regulation through a mix of planned reforms and responses to market stress. After the volatility of 2022 and a series of high-profile exchange failures, authorities stepped up scrutiny. The 2023 Act on the Protection of Virtual Asset Users introduced baseline requirements around transparency and operational standards, but regulators have flagged ongoing shortcomings in real-time surveillance and coordinated enforcement. The amendment seeks to close those gaps, following a period in which the Financial Services Commission (FSC) shared oversight responsibilities across multiple agencies. Policy analysts say a notable feature of the plan is the formal inclusion of industry participants in the watchdog's structure. The model is often described as a self-regulatory organization with enforcement capacity, aiming to combine market expertise with official supervision. Kim Jaehyun, a fintech regulation specialist at Seoul National University, said industry integration reflects the technical realities of monitoring virtual asset markets and mirrors approaches seen in places such as Japan and the European Union. If implemented, the watchdog could bring several near- and long-term changes. Market participants expect stronger deterrence of unfair trading and manipulation, clearer and more consistent reporting standards for service providers, and increased operational transparency. Some in the industry anticipate consolidation as compliance demands rise, leaving better-capitalized and more compliant exchanges in a stronger position. Others warn higher compliance costs could weigh on smaller startups. Expected shifts include real-time monitoring of trading activity across registered platforms, standardized disclosures on risks and reserves, centralized investigative and sanctioning authority, and strengthened user protection measures such as asset segregation and improved complaint handling. The initiative would place South Korea among jurisdictions building specialized crypto oversight regimes. Japan's Financial Services Agency has long enforced a strict licensing system, while the EU's Markets in Crypto-Assets (MiCA) framework was fully implemented in 2024. South Korea's proposal stands out for requiring direct industry membership within the watchdog, blending self-regulation with state authority. The amendment now moves into detailed committee review, where lawmakers are expected to debate specific provisions, funding and the scope of powers. Observers believe that if the committee advances the bill, it could reach a National Assembly vote by late Q2 2025. Even if passed, implementing decrees and setting up the new body could push the operational timeline into 2026, depending on political consensus and industry feedback. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. Independent research and/or consultation with a qualified professional is strongly recommended before making any investment decisions.

The U.S. Department of Justice has charged 10 foreign executives and employees tied to four crypto financial services firms, accusing them of schemes to fabricate trading volume and inflate token prices. The case includes two CEOs who were extradited from Singapore to the United States.

Crypto markets are beginning to factor in long-term technology threats after Google published a major quantum computing research update on Monday. Bitcoin (BTC) at $67,265.60 and ether (ETH) showed only modest moves, but tokens tied to quantum-resistant cryptography rallied sharply, signaling rising demand for assets seen as "future-proof." Late Monday, Google's Quantum AI team said quantum computers could potentially break the elliptic-curve cryptography used by Bitcoin with fewer than 500,000 qubits—far below prior estimates. Some analysts pointed to 2029 as a potential timeline for Bitcoin and the broader blockchain ecosystem to strengthen defenses. The research added that a sufficiently advanced quantum machine could attack Bitcoin within nine minutes. A separate report also flagged Ethereum risks, outlining five potential attack vectors that could threaten roughly $100 billion in assets, including DeFi and tokenized holdings. Such quantum computers do not yet exist, and the threat remains years away, but trading activity suggests the narrative is already influencing positioning. Over the past 24 hours, investors have gravitated toward projects emphasizing post-quantum cryptographic designs, security "future-proofing" research, or perceived resilience relative to legacy chains. Quantum Resistant Ledger (QRL) and Cellframe (CEL) jumped 50%, according to CoinGecko data. Abelian (ABEL) rose 25%, while Qubic (QUBIC) and QANplatform (QANX) each gained 10%. Privacy-focused Zcash (ZEC) added nearly 7% over the same period. The combined market capitalization of this segment—20 coins in total—climbed 8% to $4.66 billion in the last 24 hours. Data providers often group ZEC with quantum-resistant assets even though it is not yet fully quantum-resistant. It is included due to its advanced cryptographic foundations, including zero-knowledge proofs, and ongoing work on post-quantum secure zk-SNARKs, keeping it within the broader "quantum-aware" narrative. Even as the risk remains largely theoretical, it has been shaping behavior since last year. Capriole Investments founder Charles Edwards said concerns over quantum attacks contributed to Bitcoin's decoupling from a rising stock market in the second half of 2025, when BTC fell from $126,000 to $80,000 in the final months of the year. "We have already started to see quantum risk be priced into Bitcoin. It's the primary reason Bitcoin is trading 50% against the S&P 500 and 90% against gold since the inaugural Bitcoin Quantum Summit seven months ago," Edwards wrote in a February report. The period also coincided with a sharp rally in ZEC, which surged more than 1,200% in the second half of 2025 to a peak of $744.

Ripple has released 1 billion XRP from its monthly escrow to kick off April.

The Uniswap Foundation has published its fiscal 2025 financial summary, according to ME News. As of year-end 2025, the Foundation reported $49.9 million in cash and stablecoins, holdings of 15.1 million UNI and 240 ETH, with token assets valued at $85.8 million based on market prices at the time. The Foundation said its funding runway is expected to extend through January 2027. Total newly committed grants for the year reached $26 million, with $11 million paid out. In the fourth quarter, newly committed grants totaled $5.8 million, including $2.1 million disbursed. Operating expenses for the year came in at $9.7 million, excluding employee token awards. The report also noted that under the Uniswap Unleashed proposal, the Foundation received 20.3 million UNI from the Uniswap Treasury, valued at roughly $114 million based on year-end market prices. (Source: Foresight News)

BlockSec said it identified suspicious activity on BSC on April 1 (UTC+8), involving an exploit against a non-open-source contract believed to be linked to the LML/USDT staking protocol, with estimated losses of about $950,000. While the contract code is not public, preliminary analysis points to a potential pricing design flaw. Rewards appear to be computed using TWAP or snapshot pricing, but the attacker was able to sell reward tokens at manipulated spot prices, capturing profit through price manipulation and reverse swaps. According to the analysis, the attacker first drove up LML's price in the liquidity pool via a series of transactions, including routes that set the recipient to address(0). The attacker then claimed rewards using funds previously deposited from addresses under their control, enabling direct reward claims during the exploit. (Source: Foresight News)