Increased reliance on tariffs for revenue may heighten global trade tensions, 
potentially impacting international relations and market stability.
The post Trump&#8217;s budget projects $464B in tariff revenue for 2027 amid trade 
tensions appeared first on Crypto Briefing.

Trump’s budget projects $464B in tariff revenue for 2027 amid trade tensions

Washington has escalated its fight with states over prediction markets, 
launching lawsuits that could decide whether these platforms operate as 
national financial products or state-regulated gambling. The outcome will 
determine if sports contracts can scale or get forced back into local 
licensing regimes. On Apr. 2, the Commodity Futures Trading Commission (CFTC) 
sued Arizona, Connecticut, […]
The post CFTC sues 3 states in bid to redefine crypto prediction markets as 
federal products appeared first on CryptoSlate.

CFTC sues 3 states in bid to redefine crypto prediction markets as federal products

Years of crypto scams running havoc on the social network X, formerly known as 
Twitter, have resulted in the implementation of a “kill switch” for users 
talking about crypto. An Auto-Lock For Crypto Posting? The announcement of the 
toughest anti-crypto scam measure to date was made by Nikita Bier, X’s Head of 
Product, through a post on the same social media on Wednesday. Yeah we’re 
aware. We are in the process of implementing auto-locking + verification if a 
user posts about cryptocurrency for the first time in the history of their 
account. This should kill 99% of the incentive, especially since Google isn’t 
doing shit to stop the phishing… — Nikita Bier (@nikitabier) April 1, 2026 The 
measure was brought to public attention after Bier, who is also a Solana 
ecosystem advisor, replied to a post from UK-based web3 creator Benjamin 
White. In his thread, White explained how his account had been phished via a 
fake copyright email. This led to his X account being compromised and used to 
promote a crypto scam. Yeah &#8211; I got phished. 🎣 You can listen to exactly what 
happened here, or read the article below. Shout out to the @premium support 
team (@nikitabier &#8211; this needs more exposure). BE SAFE EVERYONE. 
https://t.co/u6cMy8Dirq pic.twitter.com/HwZZvaTuc5 — Benjamin (@HelloBenWhite) 
April 1, 2026 Now, according to the new guidelines, X can auto‑lock an account 
it mentions crypto for the first time, and force extra checks before it can 
post again. Bier’s argue this should kill most of the incentive, making 
freshly hijacked or newly spun‑up accounts effectively useless to scammers. 
Related Reading: Bitcoin Liquidations Dethroned? A Tokenized Bet Just Posted 
Crypto’s Biggest Loss Updates And Details On The Crypto “Kill Switch” In a 
different post from the same day, Bier laid out the way suspensions works and 
reiterated that some financial scams are running “rampant” on the platform. 
For context: All suspensions are determined by the policy team; no one, 
including me, has unilateral decisionmaking authority. Having said that: • 
This was posted on March 31st, not April 1 • Fake X-trademarked financial 
scams run rampant on this platform • Soliciting… — Nikita Bier (@nikitabier) 
April 1, 2026 Bier also replied to a concerned user inquiring about 
“community-mention spam attacks” (when accounts tag a lot of people at the 
same time to promote cryptocurrencies) assuring that such activity should also 
now be blocked on the site. That community-mention spam attack should be 
blocked as of yesterday afternoon. — Nikita Bier (@nikitabier) April 1, 2026 
The platform will also detect fraudulent memecoin activity. Yesterday, Bier 
corrected a now deleted Community Note explaining that “it is always a hack” 
when a high-profile account without any previous relation to crypto suddenly 
drops a memecoin. The social network will now require account ownership 
verification in such cases. @CommunityNotes Wrong. If you have more than 10k 
followers and you drop a meme coin without any prior connection to crypto, it 
is always a hack. We will be detecting that and requiring account ownership 
verification — to reduce the incentive to phish X accounts. — Nikita Bier 
(@nikitabier) April 2, 2026 The usual playbook for this type of scams include 
phishing emails posing as copyright or security warnings, fake login pages, 
stealing passwords and 2FA, then using captured X accounts to blast out scam 
links and tokens. X is a valuable target for scammers because it allows them 
to tap in the reputation of real users and their follower networks, not to 
mention the speed at which posts can go viral in “crypto Twitter” culture. A 
Long Battle Against Scammers The social network has taken legal action against 
banned users in the past, including crypto fraudsters, who tried to bribe 
employees to get suspended accounts reinstated, describing this as part of a 
broader criminal network. X’s Global Government Affairs account publicly 
framed this as “strong action against a bribery network targeting our 
platform,” explicitly linking it to suspended crypto‑scam accounts. X has 
exposed and is taking strong action against a bribery network targeting our 
platform. Suspended accounts involved in crypto scams and platform 
manipulation paid middlemen to attempt to bribe employees to reinstate their 
suspended accounts. These perpetrators exploit social… — Global Government 
Affairs (@GlobalAffairs) September 19, 2025 Regulators specifically criticized 
X’s design of the subscription‑based blue check system, saying it allowed 
users to buy badges without proper identity checks, increasing the risk of 
scam accounts appearing “verified”. The European Union fined the social 
network with €120 million under the Digital Services Act at the end of last 
year, in part because its paid blue‑check verification “misleads users” about 
authenticity and exposes them to scams and impersonation. Related Reading: 
Hyperliquid Puts Wall Street Onchain — Will This Warp Crypto Volatility Next? 
The new measure of auto‑locking first‑time crypto posters makes hijacked 
accounts less monetizable, raises costs for scam rings, and could sharply cut 
opportunistic phishing campaigns. On the downside, legitimate newcomers to 
crypto, small creators, and journalists could face friction, false positives, 
or temporary silencing at the exact moment they try to enter the conversation. 
At the moment of writing, BTC trades for almost $67k on the daily chart. 
Source: BTCUSD on Tradingview. Cover image from Perplexity. BTCUSD chart from 
Tradingview.

Crypto Users Beware: X’s New Rules Could Get You Banned

AI launchpad Clanker’s new ecosystem fund will recycle most protocol fees on 
Base into CLANKER buybacks, grants, and infra for Farcaster’s creator 
community. AI‑driven token launchpad Clanker has unveiled the Clanker 
Ecosystem Fund (CEF), committing to redirect a significant share…

Clanker launches ecosystem fund to recycle fees into creators and community

Eight years ago, on April 29, 2018, quoting a crypto industry founder, Dr. 
Emin Gun Sirer, I wrote about Ethereum’s (ETH) decentralized nature, which 
qualified ETH as a commodity for US law purposes. The regulatory uncertainty, 
regarding whether ETH [and…

Cryptocurrency price in USD