Cointelegraph wrote that FTX creditors must now submit their KYC verification by the new deadline of June 1, 2025, otherwise their claims may be rejected.

Here is a summary of expert opinions on Pi Coin: Price Volatility and Market Performance - Pi Coin has recently experienced significant price fluctuations, dropping from an all-time high of $2.98 in February 2025 to around $0.56. Factors contributing to this decline include early miners cashing out and concerns about the coin's utility. Community Sentiment and Calls for Transparency - The Pi Network community is frustrated with communication issues and decreasing mining rates, calling for clearer updates from the Pi Core Team. Regulatory Challenges and Exchange Listings - Despite a large user base, Pi Coin has struggled to secure listings on major exchanges like Binance due to compliance and transparency issues, impacting liquidity and market confidence. Future Outlook and Expert Predictions - Some experts are optimistic about Pi Coin's long-term potential if it can overcome current challenges and establish real-world use cases. However, tangible developments and improved transparency from the project's leadership are necessary for success.

according to the official announcement, Bithumb will update the Map Protocol (MAPO) network (mainnet) node server due to an upgrade. Bithumb will temporarily suspend Map Protocol (MAPO) deposit and withdrawal services at 17:00 on April 8, 2025, Beijing time.

according to Onchain Lens monitoring, an address that had been dormant for 8 years transferred 11,104 ETH, worth 19.97 million US dollars. Among them, 247.93 ETH was transferred to Coinbase, and 10,856 ETH was transferred to a new wallet. The address originally extracted ETH worth 2.51 million US dollars from Kraken and Gemini 8 years ago, currently yielding a profit of 17.45 million US dollars.

according to Token Terminal, the total interest paid by market borrowers on the Aave platform (Ethereum network) has exceeded $1 billion. Aave founder stani.eth commented, "DeFi will prevail."

Check out the latest crypto news stories from April 1st to 6th, which include updates on regulations, financial activities, and new partnerships within the industry. Circle, the creator of USDC stablecoin, has filed for an IPO on the NYSE with the ticker symbol CRCL, indicating the growing institutionalization of crypto firms. Coinbase CEO Brian Armstrong has called for clearer regulations to enable stablecoin holders to earn interest, potentially unlocking new financial services. Institutional investor STRATEGY has acquired 22,048 BTC, showing a rising interest in Bitcoin as a store of value. Former President Trump has introduced new tariffs that could impact international crypto markets, raising concerns about global adoption. The U.S. Treasury has revealed its Bitcoin holdings, underscoring the increasing integration of crypto assets into mainstream finance. Eric Trump and Hut 8 have launched an "American Bitcoin" mining company, aiming to enhance the U.S. Bitcoin mining sector. Fidelity has introduced a commission-free Crypto IRA, expanding the mainstream adoption of crypto assets. Binance has witnessed a decline in altcoin prices following leverage cuts, causing worries among traders and regulators.

according to Lookonchain monitoring, a whale unstaked 202,604 $SOL tokens (worth $24.3 million) 2 hours ago and deposited them into Binance to reduce losses. This whale had withdrawn 201,755 SOL tokens (worth $25 million) from Binance on March 13 at a price of $124, now facing a loss of $678,000.

according to on-chain data tracking service Whale Alert, around 8:21 PM Beijing time, 1,928 BTC (worth $159,832,873) was transferred from an unknown wallet to Kraken.

WisdomTree is expanding its institutional investment platform WisdomTree Connect from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently offers 13 tokenized funds covering various investment strategies such as money markets, stock indices, and fixed income. All funds are registered with the U.S. Securities and Exchange Commission (SEC).

Federal Reserve Vice Chairman Jefferson said that it is crucial to assess the comprehensive impact of Trump's policy changes. The policy rate is now somewhat restrictive; there is no need to rush to adjust the policy rate, the current policy rate is prepared to deal with risks and uncertainties. Commodity inflation is rising, partly due to trade policies; the decline in housing service prices may help offset inflation.