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Whale Alert reported that 350 million USDT has been minted at the Tether Treasury.

Web3 infrastructure company Cluster Protocol has raised $5 million in a funding round led by dao5, The Block reported. Other participants in the round included Paper Ventures, JPEG Trading, and Mapleblock Capital. The funds will be used to develop a browser-based coding IDE for the EVM ecosystem.

The risk of a market collapse due to quantum computing threats against Bitcoin is limited, according to an analysis by Bitcoin analyst James Check. CoinDesk reports that Check noted while about 1.7 million BTC, valued at $145 billion, in early wallets could be vulnerable to quantum attacks, this volume is comparable to sell-offs the market has absorbed within months during past cycles. He pointed out that the market has previously handled daily sell-offs of 10,000 to 30,000 BTC during bull runs and has seen quarterly trading volumes exceed 2.3 million BTC. Check concluded that the core issue is not a potential market collapse but rather a governance challenge, such as deciding whether to freeze the vulnerable assets.

Whale Alert reported that 214,000,000 USDT has been transferred from Kraken to Aave. The transaction is valued at about $214 million.

Tron (TRX) founder Justin Sun has deposited a cumulative $1.3 billion worth of cryptocurrency on the liquidity marketplace Spark, according to on-chain analyst ai_9684xtpa. The main deposited assets include $436 million in the USDS pool, $135 million in the USDC pool, and $93.39 million in the USDT pool.

The three major U.S. stock indices opened lower today. - S&P 500: -0.3% - Nasdaq: -0.5% - Dow Jones: -0.3%

Lookonchain reported that Bitmine (BMNR) staked an additional 93,600 ETH, worth $218 million, about an hour ago. The company now has 3,489,469 ETH ($8.13 billion) staked, which represents 70% of its total holdings. This follows an earlier report today that Bitmine had purchased an additional 100,000 ETH for $233.7 million.

Binance has opened a page for its new debit card and is accepting user registrations until April 30. Registered users will be notified when the service officially launches in their region. The Binance Debit Card, which operates on the Mastercard network, allows users to spend USDT, USDC, FDUSD, and BNB from their Binance Earn accounts for daily purchases. The card offers 3% cashback with no annual or issuance fees. A virtual card is also available for immediate use with Apple Pay and Google Wallet.

OKX has introduced BitGo's off-exchange settlement service for its U.S. institutional clients, Cointelegraph reported. The integration allows institutions holding their crypto assets with BitGo to trade on the OKX platform. The outlet noted that this move represents a major infrastructure development following an investment from Intercontinental Exchange (ICE) in early March, which valued OKX at $25 billion and secured ICE a seat on its board.

Despite over $15 billion being invested into the Web3 gaming market, the industry has effectively collapsed, according to a new analysis. CoinDesk reported that according to crypto trading firm Caladan, 90% of all GameFi projects have failed. Token prices for these projects have fallen approximately 95% from their all-time highs, and investment has plummeted. The play-to-earn (P2E) model collapsed as new user growth slowed, and major projects like Axie Infinity have seen a sharp decline in users. Investment capital has since shifted to AI, RWA, and Layer 2 infrastructure, while over 300 blockchain games have shut down, the report added.

Cryptocurrency payment network MoonPay has announced the launch of a virtual account service in New York State that links fiat currency to stablecoins. The service, which leverages technology from the previously acquired stablecoin infrastructure platform Iron, enables automatic currency conversion and settlement via API integration without requiring traditional banking infrastructure.

Robinhood has announced the listing of spot Zcash (ZEC).

Tether has announced the freezing of 344 million USDT held in addresses linked to illicit activities. The company explained that the action was taken after receiving information from the U.S. Office of Foreign Assets Control (OFAC) regarding illegal activities such as sanctions evasion and criminal networks. Tether added that it has frozen a total of over $4.4 billion to date, with $2.1 billion of that amount related to cases involving U.S. authorities.

The Aurise Foundation, an Ethereum-based decentralized finance (DeFi) project, has announced the launch of its gold yield-bearing token, XAUE. The token is designed as a treasury layer for Tether Gold (XAUT), with ecosystem partners Aurelion and Antalpha contributing an initial reserve of $76 million.

U.S. President Donald Trump announced on Truth Social that he has ordered the Navy to sink all ships, regardless of size, that are laying mines in the Strait of Hormuz. He added that U.S. Navy minesweepers are currently clearing the strait and have already sunk 159 vessels. Trump also stated he will order the operation to continue and be expanded threefold.

Bitcoin-focused financial services application Fold (FLD) has announced the launch of a corporate Bitcoin bonus program. Under the program, companies can set bonus amounts aligned with their payroll cycles, and Fold will manage the conversion to an equivalent value in BTC, along with custody, vesting, and distribution. The company noted that the program can encourage long-term employee retention by offering vesting schedules for the bonuses. Fold plans to use this initiative as a launchpad to expand into the corporate Bitcoin financial services market.

U.S. initial jobless claims for last week totaled 214,000, exceeding the forecast of 211,000. Weekly jobless claims are a key indicator the Federal Reserve uses to gauge the labor market when making interest rate decisions. A higher-than-expected figure can signal an increase in layoffs and a cooling labor market, potentially providing the Fed with a reason to lower interest rates. Conversely, a lower-than-expected number suggests a robust labor market, which could lead the Fed to hold or raise rates to focus on curbing inflation.

USDT issuer Tether has frozen two addresses holding a combined $344 million in the stablecoin, on-chain analyst MLM (@mlmabc) reported via X. The addresses held $213 million and $131 million, respectively. The reason for the freeze has not been disclosed.

The market for tokenized real-world assets (RWA) is approaching $30 billion, according to an analysis by Chainalysis. The firm noted that a surge in institutional fund inflows has established the RWA market as a key driver for new institutional investors to enter the on-chain space. Chainalysis highlighted the asset-backed credit sector in particular, which has expanded rapidly to a $1 billion market in just six months.

The U.S. Indo-Pacific Command (INDOPACOM) is operating a Bitcoin node for national security and to expand its military influence relative to China, according to Commander Samuel Paparo. Speaking at a U.S. House Armed Services Committee hearing, Paparo stated that the node is not for mining but is used to monitor network activity and conduct various tests, including network security using the Bitcoin protocol, CoinDesk reported. A day earlier, Paparo had also remarked on Bitcoin's potential as a national security tool for the United States. CoinDesk noted the move is highly unusual, as it involves the U.S. military participating in the Bitcoin network, which is designed to resist control by central authorities.

Zach Witkoff, co-founder of World Liberty Financial (WLFI), has criticized Justin Sun's lawsuit as a desperate attempt to divert attention. According to DL News, Witkoff emphasized that Sun's claims are completely baseless and that the lawsuit will be dismissed. Justin Sun filed a lawsuit yesterday against World Liberty Financial for fraud and extortion, alleging the firm abused its token permissions.

An Iranian diplomatic source told Russian news agency RIA Novosti on April 23 that preparations for negotiations between Iran and the United States in Pakistan could see a breakthrough as soon as tonight or tomorrow.

Flying Tulip, a DeFi platform under development by Sonic (S) co-founder Andre Cronje, has introduced a circuit breaker feature to delay withdrawals during abnormal fund outflows, Cointelegraph reported. This safety measure comes amid a surge in DeFi hacks this month, with losses exceeding $600 million. The platform's new system is designed to permit transactions even if a fault occurs. Exploits of Drift (DRIFT) and Kelp DAO account for 95% of the total losses this month.

Bitcoin is facing strong resistance around the $80,000 mark, according to an analysis by CryptoSlate. The outlet, citing on-chain analytics firm Glassnode, noted that the average purchase price for buyers over the past 155 days is approximately $80,100. As the price approaches this level, there is a tendency for a large volume of break-even selling to occur. In fact, the realized profit of short-term holders has surged to $4.4 million per hour, roughly three times the benchmark level seen during this year's peak. While ETF inflows are ongoing, their pace has slowed, and CryptoSlate explained that a correction to the $75,000 range is possible if demand fails to sufficiently absorb the selling pressure.

Options traders are aggressively hedging and buying long-term put options to prepare for a potential downturn ahead of tomorrow's Bitcoin options expiration, DL News reported. Nathan Batchelor, managing partner at crypto trading data platform Biyond, said that an analysis of options positions shows traders are not fully confident in BTC's recent move above $75,000. He noted that if BTC maintains its current range until Friday, a high concentration of call options could trigger an attempt to reclaim $80,000, but added that aggressive hedging movements remain. Similarly, Antoine Lours, head of options at crypto market maker Keyrock, stated that while traders have their largest exposure around the $80,000 mark and seem to anticipate the price settling there rather than declining, there is higher demand for put options with May, June, and December expirations. This suggests skepticism about a long-term rally, he explained.