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First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun.  In the statement, First Digital claims that “every FDUSD is securely backed 1:1 by cash and cash equivalents” and adds that the firm “remains fully solvent.” Additionally, First Digital denies “any and all claims of FDT being involved in a coordinated scheme or misappropriation of funds.” First Digital stands firm: Justin Sun’s baseless accusations won’t distract from Techteryx’s own failures— our stablecoin FDUSD remains fully backed and solvent. Read our official statement. pic.twitter.com/FndxX1mCCg — First Digital (@FirstDigitalHQ) April 3, 2025 First Digital is responding to Sun and Techteryx’s (the firm behind TrueUSD) claims that First Digital had misappropriated the vast majority of TrueUSD reserves .   This portion of the reserves, currently totaling over $500 mi...

The US stock market has continued its early 2025 struggles as companies look to position themselves to benefit from an inevitable turnaround. Among them is Amazon (AMZN), which has announced a new expansion to its AI push that has the stock hoping it could put an end to its 8-week losing streak. The company is firmly entrenched as a top stock in both the AI and cloud-computing sectors. Indeed, this most recent development will see it look to increase competition with the former, as it seeks to shrug off early-year losses likely connected to the impending tariffs planned by US President Donald Trump. Source: Forbes Also Read: Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound? Amazon Targeted Increased AI Push: Can It Overcome Market Downturn? April 2nd has been lauded by President Trump as America’s ‘Liberation Day.’ Specifically, it will see the nation integrate an aggressive economic policy that issues reciprocal tariffs on a host of nations. The ef...

New York, USA  DRML Miner, an AI-driven cloud mining platform, is now offering a limited-time $10 login mining bonus to new users. The program is designed to lower the barrier to entry for cryptocurrency enthusiasts and provide a seamless, cost-effective way to start earning Bitcoin through cloud mining. The appeal of new energy cloud mining Cloud mining has long been a favorite among cryptocurrency enthusiasts due to its ease of use and convenience. Unlike traditional mining, it does not require expensive hardware, technical expertise, or constant monitoring. Cloud mining simplifies the process and allows anyone, regardless of experience, to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing a complex setup, users can rent mining algorithms from a remote data center and receive a share of the profits generated. DRML Miner :  A combination of laziness and profit DRML Miner takes the simplicity of clou...

The cryptocurrency industry witnesses the arrival of a plethora of new assets on a daily basis. While some manage to slowly build and bring in gains for their investors, a few others are mere pump-and-dump schemes. Pi Coin (PI) is a fairly new asset that caused an uproar in the market for its massive rise after its launch. The asset managed to rise to an all-time high of $2.98 just days after it was rolled out. But currently, the altcoin is trading 75% below this peak and is also closer to its all-time high. The real question is if April can bring in notable changes in the price of this cryptocurrency. Also Read: De-Dollarization: Countries Look For Payments Without US Dollar Has Pi Coin Started Its Recovery Journey? Source: The Network Journal The entire cryptocurrency market was seen entering the first day of the second quarter on a high note. Several assets were pocketing notable gains during this period. At the time of writing, Pi Coin was trading at $0.7182. This comes after the a...

Throughout the first three months of the year, the cryptocurrency asset class has become a key focus of the returning Trump administration. Moreover, it has become a point of interest for his two sons as well. Indeed, the Trump family has now formed American Bitcoin through a partnership with the BTC mining company Hut 8, facilitating their official entrance into the industry. The company is run by both Donald Trump Jr. and Eric Trump, two of US President Donald Trump’s sons. Specifically, the two will own a 20% stake in the new US-based Bitcoin mining company, with Hut 8 retaining the additional 80% of the newly formed venture, according to a new press release. JUST IN: Donald Trump Jr. & Eric Trump to invest in a Bitcoin mining company. pic.twitter.com/a5JlcGSpcj — Watcher.Guru (@WatcherGuru) March 31, 2025 Also Read: US President Donald Trump Pardons Founders of BitMex Crypto Exchange Donald Trump Jr. and Eric Trump Partner With Hut 8, Form American Bitcoin Mining Company The ...

Shiba Inu’s 2x rally prediction has got crypto traders pretty excited right now as a market analyst forecasts a potential doubling in value soon. With no less than five consecutive days of gains, this popular meme coin is showing renewed strength amid all this cryptocurrency market volatility, so let’s take a closer look at what’s driving this surge. Also Read: Cronos Jumps 7.51% to $0.113: Will CRO Keep Rising in April? Analyzing Shiba Inu’s 2x Rally: Key Factors Driving the Price Surge Source: Watcher Guru Descending Channel Breakout The Shiba Inu 2x rally prediction comes from World of Charts, who identified this bullish price action thing in the SHIB/USDT chart. In his Wednesday Analysis , he basically highlighted how SHIB is approaching a breakout from a multi-month descending channel that formed after December’s high. $Shib #Shib Breaking Descending Channel Range, Successful Breakout Could Lead Solid Rally In Coming Days, Expecting 2x After Successful...

Ripple (XRP) is currently one of the trending cryptocurrency tokens to exist in the space. The fact that the token has won over investors through compelling offerings and its resilient spirit speaks volumes about the potential that the token possesses in the long run. With XRP ETF development making credible noise in the domain, a new price prediction predicts XRP may hit new highs, ranging from $5 to $8. Let’s delve into the details to know how this may happen. Also Read: GameStop (GME) Stock Sinks as Bitcoin Hype Cools Off Ripple To Claim New Highs Amid Rising Popularity Source: Bitcoin News Ripple (XRP) is no stranger to success. The token is currently sitting in the center of a rising ETF development, with nearly 18 ETFs filed with the US SEC. Once approved, these ETFs can help onboard a new stream of investors, helping the token soar high above the predicted price timelines. At the same time, Ripple has finally won its case against the US SEC, a development that has helped XR...

Editor | WuBlockchain Babel Finance was a leader in cryptocurrency lending and wealth management. During the market crash on March 12, 2020 (also known as 312), Babel nearly went bankrupt due to its high-risk operational model but was rescued by Tether’s leniency and the subsequent market recovery. On May 26, 2022, Babel announced the completion of its Series B financing, raising $80 million at a valuation of $2 billion, officially becoming a unicorn. However, on June 17, 2022, Babel informed its partners: “We are insolvent.” The official website then suspended product redemptions and withdrawals. Yang Zhou is a co-founder of Babel Finance but largely exited the company in 2021. The interviewer in the video is Bill. Please subscribe to Bill’s personal Youtube channel and Xiaoyuzhou. WuBlockchain authorized the reprint and publication of this content. Background information: Previous article: Investigation into Babel Finance’s Business Model: Why Did it Collapse Two Years Ago on March 1...