Tag: Web3 news

  • Web3 Daily Digest — April 19, 2025

    🗞️ Web3 Daily Digest — April 19, 2025   

    Stay updated with the latest developments in Web3, NFTs, DeFi, and crypto markets.
    Welcome to your Web3 News April 2025 digest — your daily source of updates from NFTs, DeFi, meme coins, and security alerts. From surprising market moves to security breaches, the blockchain space is as active as ever. Here’s your digest of the most important developments.

    • Highlights – Web3 News April 2025

      • 📊 NFT Market Shows Weekend Recovery

      • 🔐 DeFi Developments and Security Events

      • 🌀 Meme Coins Continue Volatility

      • 🧭 What to Watch in Web3 Tomorrow

    🌐 Web3 & DeFi

    • Galaxy Digital Invests $83M in Solana (SOL)
      Galaxy Digital has acquired 606,000 SOL, staking over 462,000 tokens — signaling strong confidence in Solana’s long-term growth.
      📎 Source: blockchain.news

    • Acala Burns 387,100 ACA Tokens
      The Polkadot-based DeFi platform initiated a token burn to reduce supply and support price stability.
      📎 Source: tradingview.com

    • $7.5M Returned After KiloEx Hack
      Funds were recovered after a bounty appeal. This highlights the growing role of white-hat incentives in DeFi security.
      📎 Source: financefeeds.com


    🎨 NFT & Digital Art

    Web3 news April 2025 infographic banner
    A symbolic raven overlooking the uncertainties and challenges of NFTs in 2025.
    • Polygon Overtakes Ethereum in Weekly NFT Sales
      Polygon recorded $20.3M in sales, surpassing Ethereum’s $21.7M. Its low gas fees and gaming traction fuel this growth.
      📎 Source: blockchainreporter.net

    • BAYC Trading Volume Jumps 25%
      A tweet by NFT analyst Leonidas helped spike activity across the Bored Ape Yacht Club collection.
      📎 Source: blockchain.news

    Web3 News April 2025 continues to highlight major trends across decentralized ecosystems. From NFT growth and DeFi protocol updates to meme coin volatility, each day brings new signals for crypto enthusiasts. Stay informed through our curated Web3 news April 2025 digests, featuring insights, expert opinions, and the most relevant blockchain events shaping the decentralized future.


    📉 Market Moves & Meme Coins

    • $TRUMP Token Faces Sell-Off Risk
      A 40M token unlock is expected soon, which could trigger a price drop from $8 to around $6.
      📎 Source: axios.com

    • Trader Loses $5.2M on Meme Coins
      Despite a paper profit, one trader ended up with a $355K loss due to extreme volatility.
      📎 Source: cryptorank.io


    🔐 Security & Regulation

    • Chainalysis: 43.8% of Crypto Thefts Linked to Private Key Leaks
      A new report highlights the rise in key-related breaches and attacks on centralized services.
      📎 Source: cryptonomist.ch

    • FBI Investigates $35M Bybit Hack
      Investigators are tracking laundering patterns from one of the largest crypto hacks in history.
      📎 Source: fingerlakes1.com


    What’s Next in Web3?
    As this week unfolds, the Web3 news landscape remains dynamic. Expect continued volatility in meme coins, fresh developments in NFT cross-chain integration, and increased attention on DeFi security measures. With regulatory updates on the horizon and Layer 2 scaling solutions gaining traction, the decentralized ecosystem is set for more surprises. Stay informed to navigate the shifts, whether you’re trading, building, or exploring.

    🔁 Follow CryptoNav.com for curated news, trends, and market signals.

  • Web3 News — April 18, 2025


    🔥 1. Zora NFT or Memecoin? A Case of Market Confusion

    On April 17, Zora launched a new NFT collection on the Base network. However, a memecoin titled “Base is for Everyone” launched almost simultaneously, leading to widespread confusion in the Web3 community. Traders mistook the token for part of the NFT drop, resulting in a 300% surge in BASE token volume.

    Despite being unrelated, both launches used similar branding and timing. Within an hour, hundreds of Zora NFTs sold out while memecoin transactions soared. This incident underscores the volatility of branding overlap and how quickly it can trigger unintended market speculation.

    🔗 Source: Blockchain.News


    🧠 2. Not Everything Should Be On-Chain, Says nftnow Founder

    Matt Medved, co-founder of nftnow, responded to recent market confusion by warning that not all content needs to be tokenized. He argues that financializing every piece of media content could undermine trust in Web3 journalism. “Value doesn’t always require a token,” he noted, calling for a more selective, responsible approach to on-chain media.

    🔗 Source: nftnow.com


    🧱 3. Unstoppable Domains Launches .BCH Domain in Partnership with Bitcoin Cash

    Unstoppable Domains and Bitcoin Cash have teamed up to launch the new .BCH domain extension. Designed to simplify crypto payments and enhance Web3 identity, the .BCH domains enable users to link blockchain wallets and personal data under a decentralized domain system.

    The initiative aims to promote mainstream adoption of digital identity through easily readable wallet addresses.

    🔗 Source: GlobeNewswire


    🛡️ 4. Web3 Insurance Approved by UAE Central Bank

    Relm Insurance and Liva Insurance have received regulatory approval from the UAE Central Bank to offer Web3-based insurance products. Their solution, SIGMA WEB3, will provide coverage tailored to blockchain startups and crypto-native businesses.

    This marks a significant milestone for Web3 regulation and risk management in the MENA region.

    🔗 Source: GlobeNewswire


    📈 5. OpenSea Enables Solana Token Trading

    OpenSea has expanded its support to include Solana-based tokens for beta users. The integration triggered a 20% surge in Solana NFT trading volume and a 3.5% price increase in SOL.

    The move is part of OpenSea’s ongoing multi-chain strategy, making it easier for creators and collectors to mint and trade NFTs across diverse ecosystems.

    🔗 Source: Blockchain.News


    🐶 6. Shiba Inu Debuts Karma Engine for Reputation in Web3

    The Shiba Inu team has launched the Karma Engine, a new system designed to reward positive behavior within its ecosystem. Users earn reputation points for participation in voting, discussions, and governance.

    The project aims to increase trust and engagement in its community while offering a reputation score that will influence visibility and future privileges.

    🔗 Source: Shiba News


    📉 7. Galaxy Digital Transfers 12,500 ETH to Binance

    Galaxy Digital has transferred 12,500 ETH to Binance on April 18, bringing the total amount moved in recent days to 62,181 ETH.

    This large-scale transfer could indicate imminent liquidation or portfolio rebalancing, prompting discussions among traders and analysts about market impact.

    🔗 Source: The Crypto Basic


    🧨 8. CryptoPunk Sold With $10M Loss Despite Collection Surge

    A rare CryptoPunk NFT was recently sold with a $10 million loss, despite the collection’s average price surging by 44%. This highlights the risk volatility in high-end digital collectibles, even as blue-chip NFT projects rebound in value.

    Some experts speculate this was either a tax-loss harvesting move or a forced liquidation.

    🔗 Source: Blockchain Reporter


    Cover Image Alt Text: Web3 headlines April 2025 news highlights

    Meta Description: Stay updated with the latest Web3 news: NFTs, crypto wallets, identity domains, and major ETH movements — April 17–18, 2025.