Most WazirX creditors voted to approve the crypto exchange’s post-hack restructuring plan, paving the way for repayment through a mix of liquid assets and recovery tokens. 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%...Continue Reading

The Pakistan Crypto Council (PCC) was established in March to oversee the adoption of blockchain technology and digital assets. Former Binance CEO Changpeng “CZ” Zhao has been appointed as an adviser to Pakistan’s Crypto Council, a newly formed regulatory body tasked with overseeing the country’s embrace of blockchain technology and digital assets.  The appointment was...Continue Reading

Bitcoin appears to find its footing, rallying above $80,000 and copying stocks by bouncing back from its initial tariff-induced losses. Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed the...Continue Reading

ZKasino’s exploit wallet lost $27 million in Ether after a leveraged position was liquidated, as investors remain empty-handed nearly a year later. 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...Continue Reading

While federal agencies are required to report their holdings to the Treasury secretary, they are not required to disclose their holdings to the public. 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....Continue Reading

Strategy paused Bitcoin purchases last week as BTC fell below $87,000, disclosing a $5.91 billion unrealized loss in Q1, according to SEC filings. 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...Continue Reading

The $108,888,888 fund will operate an “open-arms policy,” welcoming real-world asset tokenization and DeFi projects at all developmental stages. 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,...Continue Reading

Year-to-date outflows from crypto ETPs by Grayscale are now bigger than all Bitcoin inflows in 2025 so far, totaling roughly $1.4 billion. 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...Continue Reading

Hong Kong’s Securities and Futures Commission has introduced new crypto staking rules as part of its broader effort to position the city as a leading Web3 hub. 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...Continue Reading

Bitcoin battles everything from a “death cross” to record low sentiment as US trade tariffs wreak havoc across global markets. Will 2021 prices return? 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...Continue Reading