Weekly Report (07 – 13 April 25) | What Happened This Week In Crypto

This report will provide some essential and quick news about the cryptocurrencies happening worldwide.

1) Ethereum Privacy Boost Co-founder Buterin Proposes Multi-Step Upgrade

Vitalik Buterin, a key figure in the creation of Ethereum, has laid out a comprehensive plan to enhance user privacy on the world’s second-largest blockchain platform. This initiative unveiled in a blog post on April 10th, details nine strategic actions designed to bolster privacy measures on Ethereum with minimal changes to the core consensus mechanisms…[Read More]

2) Ethereum’s Plunge Against Bitcoin Masking Technical Revival Analysts Suggest

This decline has transformed the once-favored alternative cryptocurrency into a source of frustration for many traders in the crypto market. Data from Santiment indicates that for long-term investors who purchased Ethereum near its peak price of $4,800, achieving a profitable exit over the last three years has been unattainable…[Read More]

3) Tariff Instability Under Trump Administration Sparks Corruption Allegations

Senator Elizabeth Warren, among others, has suggested the Trump administration might have exploited inside information for financial gain amidst this economic uncertainty. On April 2nd, Trump announced a 10% tariff across all countries, alongside other tariffs seemingly based on trade deficit calculations…[Read More]

4) Trump Overturns IRS DeFi Broker Rule with Signed Resolution

President Donald Trump has signed legislation that invalidates an IRS rule concerning decentralized finance (DeFi) platforms. This action, formalized on Thursday, repeals a regulation that would have required DeFi platforms to collect customer data and report cryptocurrency transaction information in the same manner as traditional brokers…[Read More]

5) Q1 2025 Crypto Hacks Exceed $1.77 Billion Fueled by Massive Bybit Theft

A new Finbold report reveals that cryptocurrency theft reached alarming levels in the first quarter of 2025, totaling over $1.77 billion. The Q1 2025 Cryptocurrency Market Report by Finbold, which utilized hack data from blockchain security firm SlowMist, indicates a potentially devastating year for digital asset security…[Read More]