Just another WordPress site
Over 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 balances on the platform were eligible to …
Continue reading “Over 90% of WazirX creditors support post-hack restructuring plan”
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 it made no Bitcoin (BTC) purchases during the week of March …
Continue reading “Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K”
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 to users who bridged Ether …
Continue reading “ZKasino scammer loses $27M as Ethereum price drops”
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 for federal agencies to report their crypto holdings to Treasury Secretary …
Continue reading “US federal agencies to report crypto holdings to Treasury by April 7”
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 for tokenized RWAs, launched the Mantra Ecosystem Fund (MEF) to accelerate the growth and …
Continue reading “Mantra unveils $108M fund to back real-world asset tokenization, DeFi”
Cryptocurrency exchange-traded products (ETPs) saw renewed outflows last week, with $240 million in investor capital pulled, according to an April 7 report from digital asset manager CoinShares. The outflows reversed two consecutive weeks of inflows that totaled $870 million, leaving total digital asset ETP holdings at about $133 billion, CoinShares reported. The new outflows likely …
Continue reading “Crypto ETPs shed $240M last week amid US trade tariffs — CoinShares”
Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services. In an April 7 announcement, the SFC announced new guidelines for crypto exchanges offering staking services and locally authorized funds exposed to digital assets involved in staking. The announcement follows recent remarks from Christina Choi, the SFC’s executive …
Continue reading “Hong Kong introduces crypto staking rules, reaffirms Web3 commitment”
An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure. The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, …
Continue reading “Whale makes $14M Ether emergency deposit to avoid $340M liquidation”
Key takeaways Render Network connects GPU owners with creators, allowing users to rent idle graphics power for AI training, 3D rendering and crypto-related projects. The RNDR token powers the ecosystem, enabling fast, transparent and decentralized transactions between creators and node operators. Decentralized rendering is more accessible and cost-effective than traditional centralized GPU services, solving issues …
Continue reading “How to use Render Network for decentralized GPU rendering”
Bitcoin (BTC) is turning back the clock this week as tariff mayhem drags BTC price action toward 2021. Bitcoin is giving up bull market support lines left and right as a new “death cross” completes on the BTC/USD daily chart. CPI week is firmly overshadowed by US trade tariffs and their increasingly global impact on …
Continue reading “Black Monday 2.0? 5 things to know in Bitcoin this week”
