Using blockchain technology to support real-world infrastructure, DePIN creates tangible value and generates real revenue, says Fluence Network’s Tom Trowbridge. …

Learn MoreNot a Meme! DePIN Can Take Crypto Mainstream

Brazil’s largest bank, Itaú Unibanco, is considering launching its own stablecoin, making it the latest major traditional financial institution to announce similar plans. The bank’s decision will depend on how Brazil’s regulatory framework evolves and how similar initiatives by major international institutions perform, local media reported. Global trend The move comes amid a wave of […]

The post Brazil’s largest lender becomes latest TradFi institution to consider launching its own stablecoin appeared first on CryptoSlate.

…

Learn MoreBrazil’s largest lender becomes latest TradFi institution to consider launching its own stablecoin

Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, BTC is attempting to defend the $80K support zone after another rejection from the $88,000 resistance and the 200-day moving […] …

Learn MoreBitcoin Price Analysis: BTC May Drop to $68K if $80K Support Fails

Toncoin’s price rollercoaster continues as institutional investors maintain significant holdings despite recent turbulence. …

Learn MoreTON’s Dramatic Volatility Signals Market Uncertainty

Treasure DAO’s remaining $2.4M treasury would have been depleted by mid-2025 without drastic cuts to operations and staff. …

Learn MoreTreasure DAO Shutdown Sends MAGIC Token Down 18%

The US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.

In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one of five the committee considered in a markup hearing discussing possible amendments. Lawmakers also approved a bill regulating payment stablecoins, setting up the legislation for a full House vote.

“Last Congress, this bill passed out of the House of Representatives by a 216-192 vote,” said Minnesota Representative Tom Emmer, the anti-CBDC bill’s sponsor. “So far this Congress, this bill has 114 cosponsors and support from groups ranging from the Independent Community Bankers Association and the American Bankers Association to Club for Growth, Heritage Action, and the Blockchain Association.”

Many Republican lawmakers have targeted institutions like the Federal Reserve or Treasury Department from exploring CBDC development, often citing financial privacy concerns.

After reintroducing the bill in March, Rep. Emmer suggested it was an attempt to codify an executive order from US President Donald Trump into law. That order, signed on Jan. 23, prohibited “the establishment, issuance, circulation, and use” of a CBDC in the United States.

Related: Crypto regulation must go through Congress for lasting change — Wiley Nickel

This is a developing story, and further information will be added as it becomes available.

…

Learn MoreUS lawmakers vote to advance anti-CBDC bill

Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits. …

Learn MoreIllinois to Drop Staking Lawsuit Against Coinbase

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]

The post Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations appeared first on CryptoSlate.

…

Learn MoreHong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature.

According to an announcement shared with Cointelegraph, Velora’s just introduced its Delta v.2.5 upgrade. This supposedly results in improved flexibility and agility in trade execution on the DEX.

Paraswap has seen 18,000 monthly active users over the last month with 4.3 million smart contract interactions over the past 365 days, according to TokenTerminal data. The platform first introduced intents-based trading back in the summer of 2024, with hopes that it would mitigate the negative impact of maximum extractable value (MEV) bots.

Since then, ParaSwap submitted orders in three steps. First the order is preprocessed defining the expected trade price, then this is submitted to an auction to determine the most efficient execution strategy considering liquidity and timing. The winning agent executes the trade while taking the user’s intent into account and purportedly minimizing MEV exploitation risks.

Related: Hyperliquid DEX trading volumes cut into CEX market share: Data

A crypto MEV bot is an automated program that exploits profit opportunities in blockchain transaction ordering—using tactics like front-running and arbitrage to capture extra value. The project’s founder Mounir Benchemled said at the time:

The presence of MEV impacts not only individual transactions but also the overall fairness, accessibility and decentralization of the DeFi ecosystem, making it one of the most pressing issues that needs addressing.”

Velora’s intent-based trading implementation

Velora’s implementation of intent-based trading is more customizable, giving the user “full control over their execution preferences, unlocks advanced features like limit orders, overcoming the constraints of single-block execution and increasing flexibility.” The new aggregator is also reportedly designed to allow for seamless cross-chain trading and enhanced performance.

Related: Curve Finance clocks $35B trading volume in Q1 2025

Sergej Kunz, Co-Founder of DEX aggregator 1inch, told Cointelegraph that “end users shouldn’t have to worry about the complexities” of decentralized finance. According to him, an intent-based system removes much of this complexity:

“An intent-based system is designed to shift all risk and complexity away from users and into the hands of professionals who specialize in executing advanced DeFi strategies. A true intent-based DEX must provide MEV protection at the protocol level and offload execution complexity to professional trading bots.“

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

…

Learn MoreParaSwap rebrands to Velora, introduces intent-based DEX trading feature