1. U.S. Treasury Department Calls for Stricter Cryptocurrency Compliance: The U.S. Treasury Department announced that it will require any cryptocurrency transfer worth $10,000 or more to be reported to the Internal Revenue Service to increase tax compliance and to gray market transactions.

2. Bitcoin Plunges: Bitcoin, the world’s largest cryptocurrency, plunged nearly 30% and dropped below $30,000 at one point this week. Its fall has sparked a sell-off in other cryptocurrencies, including Ether and Dogecoin.

3. China Clamping Down on Crypto: Chinese authorities have reiterated warnings about digital currency trading, causing the Bitcoin crash. Financial Industry Associations in China have been directed to not provide cryptocurrency services to its members citing risks.

4. Ethereum Upgrade: Ethereum, the second-largest cryptocurrency, announced its plan for an upgrade that would reduce the energy consumed by Ethereum’s network by 99% and would be more environmentally friendly.

5. Goldman Sachs is Offering Bitcoin Derivaties: Investment bank giant, Goldman Sachs, started offering Bitcoin derivatives to investors. This move marks another milestone in the adoption of cryptocurrencies by mainstream finance.

6. Tesla Suspends Bitcoin Payments: Tesla CEO Elon Musk announced that the company will no longer accept Bitcoin as payment for its vehicles, citing environmental concerns related to the mining process.

7. European Investment Bank issues Digital Bonds on Ethereum: In a first for a blockchain application for governmental bonds, the European Investment Bank is issuing digital bonds on the Ethereum Blockchain.

8. Coinbase listing on NASDAQ: Cryptocurrency exchange Coinbase went public through direct listing on NASDAQ, which was viewed as a leap forward for cryptocurrency acceptance despite the fluctuations in Bitcoin prices.

9. DeFi Hacks On The Rise: DeFi is becoming a hot target for hackers with more than $200 million worth hacked in the Q1 2021, highlighting the risks and technical vulnerabilities of the fast-growing sector.

10. EPA to launch Climate-focused Digital Currency: The EarthPositive is launching a new digital currency, EPA, which will be climate-focused and help fund green energy projects in an innovative approach to combat climate change.