ChainCatcher news, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson's statement that "Ethereum won't survive 10 years."Mert stated, "While I don't like certain aspects of ETH (not all), it is still not an absolute fog (just a concept without substance)," and suggested that Hoskinson "should criticize ETH only after competing with it on a single metric for 10%."

ChainCatcher news, according to Cointelegraph, U.S. federal prosecutors submitted over 200 victim statements to the Manhattan federal court, accusing Celsius Network founder and former CEO Alex Mashinsky. These statements detail the economic losses and life impacts suffered by users due to the collapse of Celsius.Mashinsky pleaded guilty in December 2023, admitting to one count of commodity fraud and one count of securities fraud, with a maximum sentence of 30 years in prison. Most victims are requesting the court to impose the maximum sentence, but a few are calling for leniency. Mashinsky's sentencing will be announced on May 8, and his defense team is requesting no more than 366 days of imprisonment.

ChainCatcher news, according to Jinshi Data, U.S. Treasury Secretary Basent stated that the termination of Federal Reserve Chairman Powell mentioned by Trump may refer to the expiration of Powell's term.

ChainCatcher news, citing the Wall Street Journal, reported that U.S. President Trump stated this week that he has never had plans to fire Federal Reserve Chairman Powell and accused the media of spreading false statements.However, within the White House, some senior officials took Trump's recent public suggestion of firing Powell seriously. According to insiders, as Trump's criticism of the Federal Reserve Chairman intensified last week, White House lawyers privately reviewed legal options for attempting to remove Powell.Earlier this week, when Trump told his senior aides that he would not attempt to remove Powell, these discussions abruptly ended. These individuals said that Trump made this decision after intervention from Treasury Secretary Mnuchin and Commerce Secretary Ross, who warned Trump that such a move could trigger far-reaching market turmoil and a chaotic legal battle. One person said that Ross also told the president that firing the Federal Reserve Chairman was unlikely to lead to any actual changes in interest rates, as other members of the Federal Reserve Board would likely adopt similar monetary policies to Powell.

ChainCatcher news, according to official information, Bitget has released a statement regarding the abnormal trading of the VOXELUSDT contract trading pair, which states: "During the period from April 20, 2025, 16:00 to 16:30 (UTC+8), we observed abnormal trading volume and transaction prices for the VOXELUSDT contract trading pair on the Bitget platform.After investigation, it was found that some users' suspected market manipulation behaviors during this period triggered the platform's risk control system. The trading, deposit, and withdrawal functions of the related accounts have been temporarily suspended, while other users are unaffected, and the platform's funds are completely secure.To maintain a safe and fair trading environment, we will carry out risk control measures on the accounts involved in abnormal trading within the next 24 hours and will restore the restricted functions of the relevant accounts once completed. Additionally, for users who actively participated in VOXELUSDT contract trading and incurred losses on that contract position during the period of April 20, 16:00 to 16:30 (UTC+8), a corresponding compensation plan will be launched. Please contact Bitget's official customer service to submit a ticket.In the future, Bitget will continue to optimize the risk control system and implement more security measures to protect the rights and interests of the majority of users. Thank you for your support and understanding."

ChainCatcher news, according to CryptoSlate, the U.S. Securities and Exchange Commission (SEC) has completed its financial disclosure review of the cryptocurrency exchange Coinbase, with no need for any modifications or restatements. This review lasted over two years and involved the company's 10-K filings for 2022 and 2023.Coinbase's Chief Legal Officer Paul Grewal stated on social media that the company has fully resolved all disclosure-related issues. The SEC confirmed the end of the review in a letter to Coinbase's Chief Financial Officer Alesia Haas, but emphasized that this does not constitute an endorsement of the filings.

ChainCatcher news, according to Cryptoslate, the U.S. Securities and Exchange Commission (SEC) has completed its long-term review of Coinbase's financial disclosures and ultimately did not require the company to amend or restate the relevant documents.Coinbase's Chief Legal Officer Paul Grewal stated that this review covered the 10-K filings for the fiscal years 2022 and 2023, lasting over two years, and that all relevant comments have been fully addressed with the SEC's Division of Corporation Finance. The SEC reminded in its letter that the company and its management remain responsible for the accuracy and completeness of the disclosures, and the completion of the review does not represent an official endorsement. This process began shortly after Coinbase went public in April 2021, amid the ongoing evolution of compliance standards for crypto companies. Additionally, since the Trump administration took office, the regulatory stance in the U.S. has become more lenient, with the SEC withdrawing lawsuits against several crypto companies and working on a new regulatory framework for the industry.

ChainCatcher news, according to official sources, Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared its registration statement (Form S-4) effective. This registration statement pertains to the company's previously announced restructuring and localization from the Cayman Islands to Delaware, as well as the proposed listing of Galaxy Digital Inc.'s Class A common stock on NASDAQ (the company being the new Delaware holding company).Galaxy Digital will hold a special shareholder meeting on May 9, 2025, at 10:00 AM Eastern Time to approve the restructuring ("Special Meeting"). Galaxy expects to list on NASDAQ under the ticker symbol GLXY shortly after the special meeting, pending the completion of the restructuring.

ChainCatcher news, according to The Block, Acting Chair of the U.S. Securities and Exchange Commission (SEC) Mark T. Uyeda instructed agency staff on Saturday to review several previously issued employee statements regarding the application of securities laws to cryptocurrency investments and digital assets. This directive was issued under Executive Order 14192 (titled "Promoting Prosperity Through Regulatory Relief") and in response to recommendations from the Department of Government Efficiency (DOGE). Uyeda stated that the statements would be reviewed to determine whether they need to be "modified or rescinded" to align with the SEC's current priorities.The specific statements under review include: the 2019 guidance on whether digital assets constitute securities, which involves how to assess whether digital assets fall under securities through the "Howey Test"; the 2021 statement on Bitcoin futures, which advised investors to exercise particular caution when investing in mutual funds involving the Bitcoin futures market, emphasizing the speculative nature of the market, risks of market manipulation, liquidity constraints, and volatility, especially within mutual funds; and the 2022 guidance following cryptocurrency bankruptcy events, which required crypto companies to transparently disclose risks related to the crypto market, highlighting impacts on investors, including custody risks, liquidity issues, reputational damage, and regulatory scrutiny.Additionally, Uyeda also instructed the review of a risk alert issued in February 2021, warning investors about the "unique risks" of trading digital assets, as well as a 2020 statement regarding Wyoming allowing state-chartered trust companies to custody digital assets.

ChainCatcher news, according to Cointelegraph, investors in Bakkt Holdings have filed a class action lawsuit against the company and its executives, accusing them of making false or misleading statements and failing to adequately disclose important information related to major clients Webull and Bank of America (BoA), allegedly violating U.S. securities laws.The group of investors claims in the lawsuit that losing Bank of America and Webull would result in a "73% loss in revenue." The documents state that for most of 2023 and 2024, Webull accounted for 74% of Bakkt's crypto services revenue, while Bank of America accounted for 17% of its loyalty services revenue from January to September 2024.On March 17, 2025, Bakkt disclosed that Bank of America and Webull had no intention of renewing the agreement set to expire in 2025, causing the company's stock price to drop more than 27% within the following 24 hours. Investors accuse Bakkt of "misrepresenting the stability and/or diversity of its crypto services revenue" and failing to disclose that this revenue "largely depended on" contracts with Webull. The lawsuit states: "As a result of the defendants' wrongful conduct and inaction, along with the sharp decline in the company's market value, the plaintiffs and other class members suffered significant losses and damages."

ChainCatcher news, the office of Councilor Wu Jiezhang has released a statement titled "Statement on Media Reports Regarding Suspected $500 Million Fraud Case":The incident has attracted widespread attention, and I have great confidence in Hong Kong's rule of law and law enforcement agencies. If the incident is true, the law enforcement authorities will definitely take action to protect the rights of citizens and international investors.Hong Kong has a legal basis and a healthy environment for protecting international investors and the Web3 industry. I urge international investors and technology practitioners not to worry about a single incident and to feel free to continue investing and developing in Hong Kong.My office and the Anti-Fraud Alliance have indeed received more than one case this year that suspected the use of trust companies for fraudulent activities. I believe that society needs to discuss how to improve the system of relevant trust companies in the future, so that criminals cannot exploit loopholes for fraud.I also believe that relevant departments can strengthen citizens' and practitioners' understanding and education about trust companies to prevent fraud from the source. If the media has any inquiries regarding the above topics, please contact Louise at 6350 8883.

ChainCatcher message, Sun Yuchen reiterated in a post on X that First Digital Trust (FDT) is already insolvent. This is a statement of fact, devoid of any emotional tone. "As for what consequences its founder Vincent Chok will face for his fraudulent actions, that will be determined by the judicial system and regulatory authorities."Sun Yuchen does not advise anyone to overinterpret his words, especially regarding his closest partners.

ChainCatcher news, the Federal Reserve FOMC statement shows that the Federal Reserve will begin to slow the pace of balance sheet reduction starting on April 1.

ChainCatcher news, Solana officially posted on X platform to celebrate its 5th anniversary and stated: Over the past 5 years, there have been more than 408 billion transactions on the Solana chain; over 1,300 validator nodes; and DEX trading volume exceeds 98.7 billion USD."5 years have passed, and we have just begun."

ChainCatcher message, MyShell released "Official Statement on Binance Announcement and SHELL Buyback Plan":"On March 7, we received a notification from the Binance team regarding unusual activities involving one of our market makers. In response, we immediately terminated our relationship with that market maker and introduced several new partners to ensure stable liquidity. All Binance accounts related to that market maker have been suspended, and all remaining assets will be transferred to our new market makers.Additionally, all stablecoins sold by that market maker will be fully used for the buyback of SHELL within 90 days. To ensure complete transparency, we will publish the wallet addresses related to the buyback for community verification. Furthermore, we are working closely with Binance to make this process open and transparent."

ChainCatcher message, Binance released a statement on the X platform regarding the situation of "large short positions" before the GPS announcement, stating that they have noted the community's feedback on the appearance of "large short positions" before the GPS announcement and conducted relevant investigations at the first opportunity. After verification, this situation is considered normal market fluctuation behavior, and there are no abnormal transactions.

ChainCatcher news, according to Jin Shi reports, Wells Fargo stated that some positive sentiment is emerging around the prospects of a tariff compromise, but caution is still needed.Wells Fargo's New York strategist Kenn Brendan McKenna said, "I have come to realize that any statements not directly from Trump should not be traded or believed immediately, so so far, I will still show caution and tend to hedge. However, if tariffs are lowered and an agreement is reached, the Canadian dollar and Mexican peso, as well as the entire foreign exchange market, should see some relief rebound."

ChainCatcher news, according to Jinshi reports, the White House stated that U.S. President Trump will release a statement regarding investments today.

ChainCatcher news, Safe investor Hasu posted on social media stating that although the Bybit theft was due to the Safe frontend rather than an intrusion into Bybit's infrastructure, Bybit's infrastructure was also insufficient to monitor such a simple hacking attack. When transferring funds exceeding $1 billion, there is no reason not to verify the integrity of the message on a second offline machine. If the blame is placed on SAFE instead of Bybit here, it completely learns the wrong lesson.In response, Wintermute founder wishfulcynic.eth stated that his remarks are somewhat misleading and distort the facts (gaslighting).Hasu countered his series of comments by saying that evaluating whether Safe was at fault in the incident is a difficult question to answer (not because he is an investor in Safe). Safe provided a solution through a centralized frontend, but it should never be completely relied upon. He believes that Safe's biggest problem is not collaborating with large capital clients to provide them with security education. The intrusion of Safe developers' devices is also one of the issues, but learning lessons from it is what matters most.

ChainCatcher message, KIP Protocol released a statement regarding the $LIBRA token, clarifying KIP Protocol's role in the event:KIP did not initiate the Libra project or the Viva La Libertad project.KIP was invited to assist in managing the financing plan for small and medium-sized enterprises in Argentina.KIP did not participate in the token issuance.KIP did not profit in any way from the token issuance.KIP has no prior or ongoing relationship with President Javier Milei.KIP stated that it will continue to work with all relevant parties to address any misunderstandings and is prepared to take necessary legal action to protect its reputation from further unfounded accusations.