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Crypto
India’s Supreme Court urges government to regulate cryptocurrency
India’s Supreme Court has questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to Indian legal news outlet LawChakra, the country’s Supreme Court…
Robinhood to acquire Canada’s WonderFi for $179M in global crypto push
Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the…
Bitcoin price forms two BTC futures gaps after Coinbase premium flips negative
Key takeaways: Bitcoin’s Coinbase premium index turned negative for the first time in 15 days, indicating defensive short-term sentiment among US investors.Bitcoin CME futures gaps between support at $92,000-$92,500 and resistance at…
A16z leads $25M funding for Miden blockchain project
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital…
A guide to crypto trading bots: Analyzing strategies and performance
The cryptocurrency market has witnessed a surge in the adoption of automated trading solutions, with trading bots gaining prominence for their ability to analyze vast data sets and execute trades with precision.Cointelegraph has dissected…
Only 11% of El Salvador’s registered Bitcoin firms operational
Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law. Local media outlet El Mundo cited data from the Central…
MEV bot loses $180K in ETH from access control exploit
A maximal extractable value (MEV) bot lost about $180,000 in Ether after an attacker exploited a vulnerability in its access control systems. On April 8, blockchain security firm SlowMist reported that the MEV bot lost 116.7 Ether (ETH)…
Cointelegraph Bitcoin & Ethereum Blockchain News
What are crypto ETP outflows? Crypto ETPs give exposure to digital assets via traditional financial instruments. When more money exits these products rather than entering them, it is known…
Movement Network to buy back tokens with $38M recovered from rogue market maker
The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in…
Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days
A Bitcoin whale has closed over half a billion dollars in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week.A large crypto investor, or whale, made nearly…