ChainCatcher news, according to Cointelegraph, the U.S. Attorney's Office for the Middle District of Pennsylvania disclosed that 45-year-old NFT trader Waylon Wilcox admitted to two counts of submitting false personal income tax returns. The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, and then sold 35 CryptoPunk NFTs in 2022, making a profit of $4.9 million.It is reported that Waylon Wilco submitted a false personal income tax return for the 2021 tax year in April 2022, underreporting approximately $8.5 million in income tax and about $2.1 million in taxes owed; in October 2023, Waylon Wilco submitted another false personal income tax return for the 2022 tax year, underreporting approximately $4.6 million in income tax and nearly $1.1 million in taxes owed.

ChainCatcher news, according to Bloomberg, President Trump and his family have ventured into almost every area of the cryptocurrency industry. They have invested in NFTs and digital collectibles; a decentralized finance project; a proposed stablecoin; a Bitcoin mining operation; and a pair of memecoins, one belonging to the President and the other to First Lady Melania Trump.According to public data, even considering the market fluctuations caused by the latest round of trade wars, the total paper profit from these projects is still close to $1 billion.

ChainCatcher news, according to CoinDesk, Robinhood's Chief Information Security Officer Katelyn Perna stated that the goal of the crypto industry should be to design tools that make crypto accessible, secure, and simple, without sacrificing self-custody or decentralization.As the crypto industry matures, much of the focus remains on regulation, custody, and scalability. However, by 2025, the biggest barrier to adoption will not be policy, but user experience. The interface of crypto is still too complex for everyday users. From managing mnemonic phrases to deciphering blockchain transactions, onboarding feels more like navigating a maze than joining a financial revolution. Wallets remain fragmented, unintuitive, and risky. To achieve mainstream adoption, the industry must prioritize usability—making wallets and financial tools easier to access—while not compromising the core principles of decentralization. Until then, poor user experience will continue to hinder the development of cryptocurrency.

ChainCatcher news, Santiment posted that Trump's tariff exemption policy over the weekend triggered a sudden rise in the cryptocurrency market. Compared to 24 hours ago, the impact of high import costs on the tech industry has significantly weakened, and Bitcoin has reached a high of $85,900.Historically, crypto assets like Bitcoin often move in tandem with tech stocks, especially when investor sentiment shifts towards higher-risk assets. When tech stocks perform well, investors tend to feel more confident in purchasing cryptocurrencies. Therefore, Trump's tariff exemption policy has dispelled the clouds hanging over the tech industry, indirectly alleviating the pressure on the crypto market. In fact, just hours after the news broke, Bitcoin rebounded to the weekend high of $85,900, breaking through the resistance level around $83,000.

ChainCatcher message, the total market capitalization of cryptocurrencies has surpassed $2.8 trillion, currently at $2.803 trillion, with a 24-hour increase of 1% and a 24-hour trading volume of $79.9695 billion. Currently, BTC market share is 60.4%, and ETH market share is 7.08%.

ChainCatcher news, according to CoinGecko data, the dollar stablecoin USD1 launched by the Trump crypto project WLFI has exceeded a trading volume of 44.9 million dollars.ChainCatcher previously reported that, according to @EmberCN monitoring, DWF Labs has begun deploying liquidity for the dollar stablecoin USD1 launched by the DeFi project WLFI supported by the Trump family on-chain, marking that this stablecoin is now supported for on-chain circulation and trading. Data shows that in the past 8 days, DWF Labs' address has received a total of 11 million USD1 from WLFI across the Ethereum and BSC chains.Current deployment status includes: Ethereum chain: USDT/USD1, USDC/USD1, USDf/USD1, ETH/USD1 trading pairs have been deployed on Uniswap V3; BSC chain: USDT/USD1, BNB/USD1 trading pairs have been deployed on PancakeSwap V3.

ChainCatcher news, according to Cryptopolitan, four officers from the Central Crime Branch in Bangalore, India, are being investigated for allegedly tampering with evidence related to crypto assets.These assets are derived from the criminal proceeds of international hacker Srikrishna Ramesh. The Special Investigation Team (SIT) found that the officers illegally accessed his crypto wallet after Sriki's arrest in 2020 and transferred Bitcoin through private network experts.Currently, the investigation is ongoing and may involve broader corruption activities.

ChainCatcher news, according to Cryptopolitan, the Peshawar High Court in Pakistan has ordered the federal government to address the issue of illegal cryptocurrency trading nationwide within two months. The court requires the government to first formulate relevant strategies and submit a comprehensive report.The case was brought by lawyer Huzaifa Ahmad. According to the lawsuit, despite the fact that the State Bank of Pakistan issued a notice back in 2018 declaring virtual currencies, including Bitcoin and Litecoin, as illegal payment methods, individuals and businesses are still conducting transactions through internet channels. Particularly in Khyber Pakhtunkhwa, some training institutions not only offer Bitcoin and forex trading services but also market them on social media platforms such as TikTok, Facebook, and YouTube.The Deputy Attorney General representing the federal government stated that the government is formulating relevant legislation, which is expected to take about a month to complete. The court ultimately granted the government two months to submit the policy proposal.

ChainCatcher message, Binance co-founder Zhao Changpeng posted on platform X: "If the government truly supports cryptocurrencies, I would be happy to provide assistance and advice on cryptocurrency adoption and regulatory policies. I offer free advice, the only limitation is whether I have the time."

ChainCatcher news, according to News.bitcoin, the U.S. Department of Justice (DOJ) announced on April 9 that a Nigerian man has been charged in Massachusetts with orchestrating a complex romance scam that defrauded victims of over $2.5 million, funneling the funds into cryptocurrency accounts he secretly managed.According to prosecutors, the man created false online identities from 2016 to 2019, establishing fake romantic relationships with victims across the United States. He currently faces a maximum sentence of 40 years in prison.

ChainCatcher news, according to the Straits Times, more than half of cryptocurrency holders in Singapore have used digital assets for daily transactions. The latest research shows that 52% of cryptocurrency holders have started using cryptocurrencies for payments, and 67% of holders plan to use them in the future.The study found that Generation Z and millennials hold 40% of the country's cryptocurrencies, primarily for online shopping, bill payments, and in-store purchases. Notably, Sony has partnered with Crypto.com to support USDC stablecoin payments in its online store.According to data from blockchain analytics firm Chainalysis, Singapore's cryptocurrency trading volume approached $1 billion in the second quarter of 2024. However, 60% of users still express concerns about the complexity and security of digital assets, and 54% of holders are troubled by the limited acceptance by merchants.

ChainCatcher news, according to cryptocurrency analyst CarpeNoctom regarding analyst Ozzy's statement that "there are numerous investment opportunities in the current cryptocurrency market.Investors are advised to look at price charts, using the 0.5 Fibonacci retracement level as a target price." The suggestion indicates that there are many mean reversion investment opportunities in the current cryptocurrency market.However, investors are reminded to be cautious about the mean reversion assumptions of ultra-small market cap tokens, as many small market cap tokens may not achieve the expected mean reversion.

ChainCatcher news, according to Onchain Lens monitoring, the Trump family's crypto project World Liberty Financial (WLFI) purchased 4.89 million SEI for 775,000 USDC, at an average price of $0.158, currently holding a total of 5,983,278 SEI.

According to ChainCatcher news, as reported by Decrypt, several commissioners of the U.S. Securities and Exchange Commission (SEC) expressed support for establishing a regulatory sandbox for digital assets during the second digital asset roundtable, allowing cryptocurrency exchanges like Coinbase to experiment freely in new areas, including the provision of tokenized securities trading.SEC Acting Chair Mark Uyeda stated in a pre-recorded video statement, "I encourage market participants developing new ways to trade securities using blockchain technology to provide input on what exemptions may be applicable." Uyeda specifically noted that a "time-limited, conditional exemption relief framework" could provide unregistered cryptocurrency exchanges the freedom to innovate in areas such as tokenized securities before relevant rules and laws are established.

ChainCatcher news, according to The Block, based on Finery Markets' Q1 report, driven by the shift in U.S. regulation and increased market confidence in stablecoins, the cryptocurrency trading volume on institutional trading platforms continued its upward momentum from Q4 2024, with over-the-counter (OTC) volume increasing by 141% year-on-year and stablecoin trading activity rising by 158% year-on-year.In the first 100 days of President Trump's administration, the trading volume between cryptocurrencies and stablecoins recorded the strongest growth, with trading volume in the first three months of 2025 increasing fivefold compared to the same period in 2024. Overall, 95.3% of trades involved Bitcoin, Ethereum, or stablecoins, and institutions have not widely adopted altcoins.Finery analysts noted: "The differences between various types of trades indicate that institutions clearly prefer stablecoins, likely due to their enhanced utility in connecting traditional finance with the crypto space."

ChainCatcher news, according to Cointelegraph, a white hat hacker successfully intercepted approximately $2.6 million in stolen crypto assets from the Morpho Labs decentralized finance (DeFi) protocol.Blockchain security company PeckShield stated that after Morpho Labs performed a front-end update on its Morpho Blue application on April 10, an address was attacked due to a vulnerability triggered by the update. The well-known white hat MEV operator "c0ffeebabe.eth" successfully intercepted the stolen funds through a front-running transaction. The funds have now been transferred to another wallet address.The Morpho Labs team has confirmed that they have rolled back the front-end update, all funds within the protocol are safe and unaffected, and they will release a detailed incident report next week.