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Coinbase announced today that it will list OPG for spot trading.

Iran announced on April 21 that it has blockaded the Strait of Hormuz after the U.S. violated a ceasefire agreement, placing all navigation under the strict control of the Iranian Islamic Revolutionary Guard Corps (IRGC) Navy. Tehran stressed that no vessels will be allowed to pass through the strait until it receives guarantees that the maritime blockade against Iran is fully lifted. The passage of warships is also prohibited.

The hacker behind the KelpDAO exploit has transferred 50,700 ETH, worth $118 million, by splitting the funds between two new addresses, ai_9684xtpa reported. While no further transfers or sales have been confirmed, the move could be a precursor to laundering the funds.

A significant resistance level for Bitcoin is forming around the $80,000 mark, as this is where a large concentration of investors' average purchase prices lies, according to a recent analysis. According to Decrypt, Jim Ferraioli, Head of Crypto Research at the Schwab Center for Financial Research, noted that the "active investor cost basis," which reflects the average price of Bitcoin traded on the secondary market, is $78,000. This level coincides with the point where last week's rally stalled. He also pointed out that the $83,000 range overlaps with the average cost basis for investors in spot BTC ETPs. Ferraioli suggested that these price levels could see selling pressure from investors looking to break even, adding that since most investors are currently at a loss, these areas could act as even stronger resistance. However, Simon Jones, co-founder of the decentralized derivatives exchange Reya, commented that institutional demand could absorb this selling pressure. He argued that institutions invest for structural reasons rather than for short-term holding, and their sustained demand could be sufficient to absorb the profit-taking that occurs at these resistance levels.

U.S. President Donald Trump said Iran has violated a ceasefire agreement on multiple occasions.

The crypto lending protocol Aave (AAVE) is experiencing sustained capital outflows, with some funds moving to Spark, according to Lookonchain. Aave's Total Value Locked (TVL) has decreased by $9.94 billion to $16.43 billion. In contrast, Spark's TVL has increased by $825 million, reaching $4.55 billion.

Lambda256, a blockchain affiliate of Dunamu, has signed a business agreement with global blockchain analytics firm Crystal Intelligence to offer an integrated solution for anti-money laundering and counter-terrorism financing for digital assets in South Korea, Money Today reported.

Iran has not yet decided whether to resume negotiations with the United States, state-run Press TV reported.

Mantle (MNT) announced that it was not significantly affected by the recent hack of KelpDAO. The project stated that the Mantle network, its official bridge, and core assets are all secure, with no assets lost. It added that the hacker did not access any Mantle-related contracts or the ecosystem. According to Mantle, its ecosystem is recovering quickly as funds flow back in. The team is collaborating with Aave and related protocols to discuss recovery measures and is also considering the possibility of using its treasury to assist.

The Philippine Securities and Exchange Commission (SEC) has issued an investment warning against six unapproved cryptocurrency exchanges, including dYdX, Cointelegraph reported. The list also includes Aevo and Orderly. According to Philippine authorities, the exchanges are offering products to the general public with promises of profits or interest payments. The commission also warned that individual investors who promote the exchanges could face criminal charges for violating securities laws.

Whale Alert reported that 200,000,000 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $200 million.

A cryptocurrency scam targeting ships stranded in the Strait of Hormuz is spreading, BeInCrypto reported. The Greek maritime risk management firm MARISKS has warned that some scammers are impersonating Iranian authorities and demanding payments in Bitcoin and Tether (USDT) for what they call "safe passage approval." The scheme exploits Iran's actual policy of accepting cryptocurrency for tolls, and it is believed that some have already fallen victim. Currently, hundreds of ships and around 20,000 sailors are stranded in the strait, raising concerns about potential losses.

According to data from Coinglass, a BTC move above $77,015 could trigger the liquidation of $579.67 million in short positions on major centralized exchanges. Conversely, a drop below $75,503 would lead to the liquidation of $187.64 million in long positions.

U.S. asset management firm Capital Group has purchased an additional 4.32 million shares of MicroStrategy stock, worth approximately $747 million, according to BitcoinTreasuries.net. This brings the firm's total holdings to 10.33 million shares, valued at $1.78 billion.

Funds stolen from KelpDAO in a recent hacking attack have begun to move, according to ZachXBT. Approximately $1.5 million was cross-chained from the Ethereum to the Bitcoin network via THORChain (RUNE), and an additional $78,000 was transferred through the privacy protocol Umbra. The transfers follow a hacking incident on April 20 in which KelpDAO suffered losses of around $294 million.

A consortium of 12 European banks is partnering with Fireblocks to develop a euro stablecoin compliant with the Markets in Crypto-Assets (MiCA) regulation, Cointelegraph reported. The project, approved by the Dutch central bank, aims to launch in the second half of this year and will be designed with a 1:1 reserve-backed structure. The stablecoin will support institutional payment fund management and the use of tokenized assets as part of a broader strategy within the European financial sector to reduce its reliance on U.S. dollar-based stablecoins.

Global cryptocurrency exchange MEXC has released its April Proof of Reserves report in collaboration with blockchain security audit firm Hacken. The report shows MEXC's Bitcoin (BTC) reserve ratio has increased to 295% from 270% the previous month, a figure nearly three times the amount of user-deposited assets. Other major assets also maintained ratios above 100%, with Ethereum (ETH) at 116%, Tether (USDT) at 111%, and USDC at 116%. The exchange stated that it will continue to enhance asset transparency by regularly publishing these reports in partnership with Hacken.

Whale Alert reported that 1,000 million USDT has been minted at the Tether Treasury.

Binance announced on its official website that it will delist the 1INCH/BTC, WIF/BTC, and XRP/MXN spot trading pairs at 3:00 a.m. UTC on April 24.

An analysis suggests the recent KelpDAO hacking incident was caused by lax security settings. Citing on-chain data analytics platform Dune, Wu Blockchain reported that 47% of LayerZero-based apps (OApps) use a 1-of-1 Decentralized Verifier Network (DVN) method, which requires approval from only a single validator. KelpDAO itself used this minimum security configuration. With only 5% of OApps employing higher security settings requiring multiple validators, such as 3-of-3 or more, concerns are growing about the potential for a similar incident to recur.

Bybit has announced that it will list CHIP for spot trading.

Major Singaporean financial services firm OCBC has launched a tokenized fund backed by physical gold, according to Cointelegraph. Developed in collaboration with its asset management subsidiary, Lion Global Investors, the fund's underlying token, GOLDX, is issued on the Ethereum and Solana blockchains. The fund is targeted at institutional investors, hedge funds, and asset managers, and can be traded using both stablecoins and fiat currencies.

Bithumb announced it will list USDai (CHIP) for KRW trading at 1:00 p.m. UTC on April 21.

South Korea's National Tax Service (NTS) plans to conduct detailed analyses of cryptocurrency transaction histories for suspected tax evaders, ZDNet Korea reported. The agency will use its findings to take legal action against any illegal activities discovered, such as undeclared gifts. According to a bid announcement on the country's Public Procurement Service platform, the NTS is seeking to acquire software licenses for virtual asset transaction tracking. The solutions the agency aims to implement are analysis platforms from Chainalysis and TRM Labs. This technology will reportedly enable the NTS to identify "mixer" techniques used in money laundering and track non-custodial wallets where users directly control their own private keys.

South Korean crypto exchange Upbit announced it will list USD AI (CHIP) at 1:00 p.m. UTC today. The exchange will add support for trading against the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT).