JP Morgan Analysts Predict Bitcoin Will Outperform Gold This Year

Cointree, a Melbourne-based crypto exchange, was fined $75,120 by AUSTRAC for failing to submit suspicious activity reports promptly. The delayed reports hindered law enforcement's ability to respond quickly to potential criminal activities.

Twelve more individuals have been charged in connection with a cybercrime ring that stole over $263 million in crypto, spending it on luxury items. The suspects, aged 18-21, assumed various roles in the operation, including hacking, impersonation, and money laundering.

The State of Wisconsin Investment Board sold its $300 million stake in BlackRock’s iShares Bitcoin Trust during the first quarter of 2025, amidst market uncertainty caused by U.S. tariffs. The sale was completed before 'Liberation Day' on April 2, 2025, when comprehensive tariffs were imposed.

Coinbase, the first crypto-native firm to join the S&P 500, faced a data breach involving insider collusion and a $20 million Bitcoin blackmail attempt. The company refused to pay the ransom and is offering a $20 million bounty for information on the perpetrators.

Arthur Hayes, former BitMEX boss, predicts Bitcoin could reach $1 million by 2028 due to favorable macroeconomic conditions. He believes foreign investment outflow and dollar devaluation will drive Bitcoin's surge, especially if a less crypto-friendly president is elected.

Dave Portnoy shared his rollercoaster experience with meme coins, from windfalls to legal issues and public backlash. Despite dabbling in various coins like SafeMoon and Greed, he now sees meme coins as a rigged game dominated by early buyers.

MapleStory N, the first game in the expanded MapleStory Universe ecosystem on Avalanche blockchain, has seen a significant launch with a 549% spike in active addresses over the past week. The game allows players to own and trade in-game assets as NFTs on the dedicated Avalanche L1 chain called Henesys.

Mubadala, Abu Dhabi’s sovereign wealth fund, increased its stake in the iShares Bitcoin Trust (IBIT) to 8,726,972 shares as of March 31, 2025, up from 8,235,533 shares at the end of 2024, as per a 13F filing released today.

The Department of Justice plans to move forward with charges against Roman Storm, co-founder of Tornado Cash, for money laundering, sanctions evasion, and transmitting criminally derived funds. The DOJ will argue the case in a Manhattan courtroom, dropping one aspect of the charge.