U.S. President Donald Trump is said to be "strongly considering" withdrawing the United States from NATO after allied governments declined to join military action against Iran, The Telegraph reported. According to the report, Trump described the alliance as a "paper tiger" and singled out the United Kingdom, arguing the Royal Navy would be unable to support an operation aimed at reopening the Strait of Hormuz. The White House is also said to be increasingly frustrated with European partners for refusing to grant basing rights, as energy prices surge amid an ongoing blockade. Trump is scheduled to deliver a national address at 9 p.m. ET on Wednesday to provide updates on the conflict and the future of the alliance. Source: The Telegraph

Social trading platform eToro (Nasdaq: ETOR) has opened cryptocurrency trading to New York residents, following approval for a New York State BitLicense and a money transmission license, Crowdfund Insider reported. The move extends eToro's crypto offering to 48 U.S. states. Andrew McCormick, Head of eToro U.S., said: "New York is the heart of the financial markets and a hub for innovation. Completing our full U.S. rollout is both a strategic milestone and a testament to our commitment to responsibly expanding access to the next generation of financial markets." In 2024, eToro reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay a $1.5 million penalty over allegations that it operated as an unregistered broker-dealer and clearing agency. After the settlement, eToro removed most cryptocurrency assets from its U.S. platform and updated its compliance approach.

Franklin Templeton has agreed to acquire 250 Digital, a CoinFund spinoff, The Wall Street Journal reported. The $1.7 trillion asset manager plans to launch a new "Franklin Crypto" division aimed at institutional clients, underscoring continued traditional-finance expansion into digital assets despite the recent market drawdown.

April 1 — U.S. equities opened in positive territory, with the Dow Jones Industrial Average up 0.57%, the S&P 500 higher by 0.66%, and the Nasdaq gaining 0.7%, according to market data. Crypto-related stocks also moved broadly higher: MicroStrategy (MSTR) rose 0.37%, Coinbase (COIN) added 1.02%, Circle (CRCL) climbed 2.25%, MARA Holdings (MARA) gained 0.61%, BitMine Immersion (BMNR) advanced 0.78%, and SharpLink Gaming (SBET) rose 1.63%.

Cango Inc. (NYSE: CANG) said it has completed two financing transactions totaling $75 million. The company closed a $65 million strategic investment through the issuance of 49,242,424 shares of Class A common stock to two entities wholly controlled by Chairman Xin Jin and Director ChangWei Chiu. The transaction closed on March 31, with proceeds settled in USDT. Separately, Cango signed a securities purchase agreement with DL Holdings Group Limited (HKEX: 1709) to issue a $10 million convertible note along with warrants for up to 370,370 shares of Class A common stock. The warrants carry an exercise price of $2.70 per share. Cango said it plans to use the proceeds to fund upstream acquisitions and expand its AI and computing infrastructure. The two sides also signed a memorandum of understanding under which DL Holdings indicated an intention to pursue joint strategic investments with Cango of up to $10 million in cryptocurrency mining facilities and artificial intelligence, subject to due diligence and the execution of definitive agreements.

Cango, a NYSE-listed Bitcoin mining company, said it has completed two financing transactions. The company closed a $65 million strategic investment by issuing 49,242,424 shares of Class A common stock to two entities wholly controlled by Chairman Xin Jin and Director ChangWei Chiu, respectively. The deal settled on March 31, with proceeds paid in USDT. Cango also signed a securities purchase agreement with Hong Kong-listed financial services group DL Holdings Group Limited, issuing a $10 million convertible note along with warrants to purchase up to 370,370 shares of Class A common stock. The warrants carry an exercise price of $2.70 per share.

Resolv Labs says an attacker minted 80 million USR after obtaining a compromised private key, and that it has now completed about 98% of redemptions for whitelisted USR holders. CEO Ivan Kozlov said recovery for other user segments is still in progress, with no firm timeline. Kozlov said the first redemption phase focused on whitelisted USR holders. Verified wallets were processed manually within 24 hours, a step the team said helped contain market disruption. Nonwhitelisted holders from before the exploit remain in a waiting phase, though Kozlov reiterated the company's 1:1 redemption commitment and said a technical solution is still being developed. Post-exploit holders, liquidity providers and RLP participants face a more complicated path, according to Kozlov, requiring alignment across legal, technical and ecosystem considerations. He said no single approach has been finalized. On the investigation, Kozlov said work to date has not found evidence of insider involvement. The review is being conducted with cybersecurity firm Mandiant and blockchain intelligence group zeroShadow. The exploited key was tied to a privileged minting role and lacked multisignature controls and an on-chain mint cap, enabling large-scale token creation. Resolv has retained legal counsel including Paul Hastings and Carey Olsen. Kozlov said legal constraints are influencing what the company can share publicly. RLP token holders, who absorbed initial losses by design, remain a key uncertainty. Redemptions for RLP are still paused, and Kozlov said a recovery plan is being developed but provided no details. He also acknowledged that prior audits, monitoring and bug bounty efforts did not prevent the incident. The company said it will provide further updates as recovery work continues.

Li Xiong, chairman of Huione, described as Southeast Asia's largest cryptocurrency money-laundering network, has been extradited from Cambodia to China to face trial. The move follows the case of Chen Zhi, whose 127,000 bitcoins were previously seized by the U.S. government.

OpenEden, an RWA tokenization platform, said on April 1 (UTC+8) it is partnering with BNY Investments, a subsidiary of BNY Mellon, to introduce HYBOND, a tokenized product linked to its Global ShortDated HighYield Bond Fund. HYBOND provides exposure to BNY Investments' global shortdated highyield bond strategy. The offering will initially be limited to select institutional clients, with broader access for institutional investors targeted by the end of April 2026. The product is already live on Ethereum and is expected to expand to additional networks, including the XRP Ledger and BNB Chain. (Source: Foresight News)