EURJPY

And just when you thought it was safe to click that “too good to be true” crypto investment link, Delhi Police’s Crime Branch has swooped in, dismantling a grand scheme that swindled a cool ₹74 lakh from some rather trusting individuals. The scam, which used cryptocurrency as a get-out-of-jail-free card, involved two suspects being arrested, and, shockingly, their criminal mastermindery didn’t stay confined to India. The scam had international flair. Because why not?

Key Takeaways:

Ah, Japan, the island of contrasts, where ancient temples stand sentinel over neon-lit streets, has now turned its gaze to the digital realm. On the tenth day of April, the Cabinet, with a stroke as precise as a calligrapher’s brush, approved amendments to the Financial Instruments and Exchange Act. A move, my dear reader, that transforms the ephemeral crypto into a financial product, as tangible as a yen note yet as elusive as a geisha’s smile.

an Ethereum Virtual Machine (EVM) that happily handles all ERC20 tokens. And because Coinbase wants to be nice, there’s a CDP Facilitator in there to dodge gas fees like a pro.

The blockchain whispers – or rather, shouts – that a wallet tied to the Trump family-backed project plopped 5 billion WLFI tokens into Dolomite’s eager arms. The resulting collateral? A $75 million loan in USDC and USD1 stablecoins. A mere drop in the ocean of international diplomacy, perhaps? After all, just hours after a ceasefire was announced between the U.S. and Iran, World Liberty’s wallet transferred more than $40 million to Coinbase Prime. Timing is everything.

The erstwhile Funds Settlement Act, which had heretofore regarded these crypto assets as mere playthings of payment, has been unceremoniously relegated to the sidelines. In its stead, the FIEA, that stern governess of stocks and bonds, now takes the reins, casting a gimlet eye upon the frolicsome world of Bitcoin and its brethren. Ah, the irony! What was once a wild romp in the digital meadow is now to be tamed, like a recalcitrant kitten, into the parlors of respectable investment.

On the stage of X, that bustling salon where merchants and poets brandish posts instead of swords, our oracle Ali Martinez proclaims with the flourish of a tragedian that Zcash may be breaking free from the Descending Triangle-a pattern most theatrical, wherein two lines converge like plotting lovers and pretend to shrink the audience’s expectation.

Garlinghouse, taking to social media with the calm urgency of someone watching a microwave countdown stuck at “1:00,” summed up the situation with the kind of philosophy you’d expect on a motivational mug: “Progress > Perfection.” It’s the sort of phrase that tries very hard not to cry in public.

They christened it the Spiko Amundi Overnight Swap Fund, or SAFO, for those who like their acronyms with a dash of breakfast cereal. It’s a tokenized mutual fund built on a blockchain backbone, which is either the future or a very clever way of saying someone glued a ledger to the fortunes of a city-state.

Enter Ed Engel, the silver-tongued sage of Compass Point Investment Bank, who slid Circle from “neutral” to “sell” and trimmed its value to a shy $77, grumbling about thinning margins from Circle’s dazzling stablecoin yield-sharing shenanigans. In this pay-to-play carnival, Circle boasted $2.75B in total revenue for 2025, but handed roughly half – $1.35B – to Coinbase, faster than a gobstopper vanishing in a giggle.