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Wednesday🌗Latest Web3 News and Updates: Key Developments in Crypto, Tokens, and Global Regulations

Web3 Breakthrough Apr 9, 2025
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Happy Wednesday! Let’s dive into today’s biggest Web3 updates:

1️⃣ Bitcoin drops below $75K as Asian markets react to fresh tariff tensions.
2️⃣ Argentina’s Congress greenlights an investigation into officials tied to the Libra scandal.
3️⃣ Wayfinder’s PROMPT token officially launches on OKX, with airdrop claims now underway.
4️⃣ Thailand introduces new anti-crime laws targeting foreign crypto P2P platforms.

🚀 Stay with us for deeper insights and what these moves mean for the future of Web3.

Welcome to the latest Web3 news and updates — your go-to source for what’s happening across the decentralized digital world. In today’s roundup, we cover major market movements, global regulatory shifts, and key token launches that are shaping the future of blockchain and crypto. Whether you're an investor, builder, or simply curious about the Web3 space, these updates will keep you informed and ahead of the curve.

1. Bitcoin drops below $75K as Asian markets react to fresh tariff tensions.

Bitcoin has dropped below the $75,000 mark as escalating trade tensions between the U.S. and China trigger fresh market volatility. The renewed tariff conflict has rattled investor confidence across global stock markets, spilling over into the crypto space and sparking a sharp sell-off. As a result, Bitcoin and other major digital assets are facing renewed downward pressure. This dip highlights how traditional geopolitical tensions continue to impact decentralized markets, reminding traders that crypto doesn’t operate in a vacuum. Analysts are watching closely to see if this correction is short-lived or the start of a broader market recalibration amid global uncertainty.

Bitcoin Plunges Below $75,000 as Asian Stock Markets Reel from Tariff Escalation
Bitcoin falls below $75,000 as Asian stock markets open with losses amid escalating US-China tariff war. What’s next?

2. Argentina’s Congress greenlights an investigation into officials tied to the Libra scandal.

Argentina’s Congress has officially approved an investigation into several government officials allegedly involved in the controversial Libra scandal. The move comes after growing public and political pressure to uncover potential misuse of power and funds tied to the failed digital currency project. Lawmakers aim to determine whether any irregularities or corruption occurred during discussions and partnerships surrounding Libra’s initial rollout in the country. This development signals a growing demand for transparency and accountability in crypto-related government affairs. As the investigation unfolds, it may set a precedent for how other nations handle regulatory oversight and ethical conduct in the Web3 space.

Argentine Congress Approves Probe into Officials Over Libra Scandal - Decrypt
Argentina’s Chamber of Deputies has voted to investigate top officials after the Milei promoted Libra meme coin tanked in February.

3. Wayfinder’s PROMPT token officially launches on OKX, with airdrop claims now underway.

Wayfinder has officially launched its PROMPT token on the OKX exchange, marking a key milestone for the project. The token is now available for deposits, and spot trading is set to begin on April 10. As part of its release, eligible PRIME stakers can now claim their airdropped PROMPT tokens through the OKX platform. This launch is part of Wayfinder’s broader strategy to expand its presence within the Web3 ecosystem and incentivize early community participation. With increased accessibility and user engagement, PROMPT aims to position itself as a prominent player in the growing landscape of decentralized digital assets.

Wayfinder’s PROMPT token goes live on OKX amid airdrop claiming process
OKX has officially listed PROMPT amid the ongoing claim process for Wayfinder’s Phase 2 airdrop campaign, allowing eligible PRIME stakers to unlock their PROMPT rewards.

4. Thailand introduces new anti-crime laws targeting foreign crypto P2P platforms.

Thailand’s Securities and Exchange Commission is introducing new cybersecurity laws aimed at tightening control over the crypto space, with a specific focus on foreign peer-to-peer (P2P) platforms. The move seeks to combat rising concerns around “mule” accounts used for illegal digital asset transfers, often linked to cybercrime and money laundering. Under the new regulations, violators could face fines of up to $8,700. By increasing oversight and accountability, Thai regulators hope to create a safer and more transparent environment for crypto trading. This step also aligns with a broader global trend of stricter compliance within decentralized financial ecosystems.

Thailand targets foreign crypto P2P services in new anti-crime laws
Thailand’s cabinet has approved amendments to emergency decrees on digital asset businesses and measures for cybercrime prevention, restricting foreign crypto P2P services.

That wraps up today’s look at the latest Web3 news and updates. From market swings to new token launches and shifting global regulations, it’s clear the Web3 ecosystem is evolving at lightning speed. Stay tuned as we continue to track the trends, stories, and innovations driving the decentralized future. Don’t forget to check back regularly for more insights and real-time coverage of the latest Web3 news and updates.


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