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Over 90% of WazirX creditors support post-hack restructuring plan


More than 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto...

Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K


Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dropped below $87,000.In a filing with the US Securities and Exchange Commission on April 7, Strategy announced...

ZKasino scammer loses $27M as Ethereum price drops


A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token...

US federal agencies to report crypto holdings to Treasury by April 7


US federal agencies are expected to disclose their cryptocurrency holdings to the Department of the Treasury by April 7, following an executive order signed by President Donald Trump earlier this year.Citing an unidentified White House official, journalist Eleanor Terrett reported that the deadline...

Mantra unveils $108M fund to back real-world asset tokenization, DeFi


The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), amid rising demand for stable, asset-backed digital products.Mantra, a layer-1 (L1) blockchain built...

Jameson Lopp sounds alarm on Bitcoin address poisoning attacks


Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, sounded the alarm on Bitcoin address poisoning attacks, a social engineering scam that uses similar addresses from a victim's transaction history to fool them into sending funds to the malicious address.According...

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO


Stablecoins are the single best tool for the United States government to maintain the US dollar's hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino.In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero...

Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun


Bitcoin (BTC) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewCNBC’s Cramer: 1987 crash not “off the table yet”Data from Cointelegraph Markets...

CFPB likely to step back from crypto regulation — Attorney


The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exchange Commission (SEC) and state-level regulators assume a bigger role in crypto policy, according to Ethan Ostroff, partner at the Troutman...

As gaming giants crumble, onchain gaming promises remain unfulfilled


Opinion by: Daryl Xu, co-founder and CEO, NPC LabsWhile gaming has been on a steady decline since the end of COVID-19 lockdowns, 2024 hit the industry especially hard, with layoffs and studio closures hitting even the most prominent studios. While unsustainable development costs and...

Decentralized exchanges gain ground despite $6M Hyperliquid exploit


Decentralized cryptocurrency exchanges (DEXs) continue to challenge the dominance of centralized platforms, even as a recent $6.2 million exploit on Hyperliquid highlights risks in DEX infrastructure.A cryptocurrency whale made at least $6.26 million profit on the Jelly my Jelly (JELLY) memecoin...

Tried automating crypto trades with Grok 3? Here’s what happens


Key takeawaysGrok 3 adjusts its predictions based on evolving market trends by analyzing real-time data patterns.Combining technical analysis with sentiment data improves accuracy; Grok 3 effectively identifies potential trade opportunities.Backtesting strategies before live trading is crucial;...

Nearly 400,000 FTX users risk losing $2.5 billion in repayments


Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...

Kalshi traders place the odds of US recession in 2025 at over 61%


Traders on the Kalshi prediction market place the odds of a US recession in 2025 at 61%, following the sweeping tariff order signed by President Donald Trump on April 2.Kalshi uses the standard criteria of a recession, two business quarters of negative gross domestic product (GDP) growth,...

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