BlackRock received approval from the UK's Financial Conduct Authority to operate as a crypto asset firm in the country, while Galaxy Digital has been granted a license to execute derivatives trading through its London office.

https://www.theblock.co/post/349259/fca-crypto-asset-firm-register-blackrock-galaxy-digital

FDUSD recovered after depegging

Yesterday, FDUSD stablecoin, issued by the Hong Kong-based trust First Digital Trust (FDT), decreased by more than 12% following statements from Justin Sun.

https://www.binance.com/en/support/announcement/detail/a43abc2076b14f768669703ee5f93574

Binance Wallet announced the Token Generation Event on BNB Smart Chain for StakeStone

StakeStone Subscription Details:
Token Name: STO (StakeStone)
Start Date: 3rd April, 2025 08:00 UTC
End Date: 3rd April, 2025 08:30 UTC
Total Raise Amount: $1,000,000 in BNB
Available Token: 50,000,000 (5% of the total supply)
Price per Token: $0.02 USD in BNB
Subscription Cap per Binance Wallet user: 3 BNB
DEX Trading Date: Immediately after 3rd April, 2025 08:30 UTC in Binance Wallet DEX or on PancakeSwap

StakeStone is a decentralized omnichain liquidity infrastructure protocol designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems. StakeStone powers a growing suite of products including STONE (yield-bearing liquid ETH), SBTC and STONEBTC (liquid and yield-generating BTC assets), and LiquidityPad, a customizable liquidity vault platform for emerging chains.

https://www.binance.com/en/events/stakestone-tge-rules

Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026

Treasure DAO chief contributor John Patten says the annual burn rate for the DAO has been $8.3 million, but the new measures aim to reduce costs.

https://cointelegraph.com/news/treasure-dao-announces-huge-pivot-attempt-extend-runway

Startale Group is taking a strategic step in supporting the Astar ecosystem through a direct, onchain investment backed by real usage of the Soneium sequencer

https://startale.com/en/blog/ASTR-Investment-Initiative

South Korea may open up local crypto market to foreign investors if AML strengthens

https://www.theblock.co/post/349411/south-korea-local-crypto-market-foreign-investors-aml

The Cardano Foundation announces the launch of Veridian, an open-source digital identity platform for individuals and organizations

https://cardanofoundation.org/blog/veridian-digital-identity-platform

Ethereum Developers Lock in May 7 for Pectra Upgrade

https://www.coindesk.com/tech/2025/04/02/ethereum-developers-lock-in-may-7-for-pectra-upgrade

The crypto market is down
BTC Dominance - 61.37%

Market Cap - $2.68T
BTC - $82,814.92 (-0.88%)
ETH - $1,792.11 (-1.8%)
XRP - $2.05 (-0.85%)
BNB - $592.79 (-1.56%)
SOL - $115.36 (-3.87%)
ZRO - $2.93 (+6.85%)

https://dropstab.com

Sophon Q1 Roundup

▫️Guardian & Infrastructure Updates
▫️Rabby Wallet Integration
▫️Dune Analytics Tracking
▫️Sophon OS Early Access
▫️New pools with up to 4x SP multipliers
▫️The Sophon network is growing steadily, having processed 50 million total transactions in Q1

https://x.com/sophon/status/1907847974400700684

Ethereum Reclaims No. 1 Spot as Leading DEX Chain for First Time Since September, Overtakes Solana

Ethereum-based DEXes registered an industry-leading cumulative trading volume of $64.616 billion in March, beating Solana's tally of $52.62 billion by 22%, according to data source DefiLama.

https://www.coindesk.com/markets/2025/04/01/ethereum-reclaims-no-1-spot-as-leading-dex-chain-for-first-since-september-overtakes-solana

Grayscale submits S-1 filing for a Solana ETF

https://www.sec.gov/Archives/edgar/data/1896677/000095017025050885/gsol_s-1.htm

SocialFi protocol Lens releases Lens Chain mainnet with Avail DA and ZKsync tech

https://www.theblock.co/post/349582/socialfi-protocol-lens-releases-lens-chain-mainnet-with-avail-da-and-zksync-tech

USDe has officially launched on BNB Chain

USDe and sUSDe go live on PancakeSwap, VenusProtocol, and Pendle Finance BNB deployment.

https://x.com/ethena_labs/status/1908168980986253699

The crypto market is neutral
BTC Dominance - 61.37%

Market Cap - $2.71T
BTC - $83,638.69 (+1.1%)
ETH - $1,810.78 (+1.22%)
XRP - $2.11 (+3.58%)
BNB - $596.21 (+0.54%)
SOL - $120.81 (+4.95%)
ZRO - $3.01 (+2.18%)
BERA - $5.76 (-1.47%)

https://dropstab.com

DWF Labs transferred 25M USDC to World Liberty Financial

https://platform.spotonchain.ai/en/entity/2361?route=view_transaction

The SEC has determined that fully-reserved, liquid, dollar-backed stablecoins are not securities

https://www.sec.gov/newsroom/speeches-statements/statement-stablecoins-040425