Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter.
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Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry
Bitcoin’s (BTC) 17.5% rally between March 16 and 22 surprised options traders betting on price levels below $26,000. The movement resulted from investors seeking protection against persistent inflation and the ongoing banking crisis.Bitcoin bulls have been paying close attention to the negative effects of near-zero interest rates between April 2020 and April 2022, and some…

Microsoft to invest $3B in AI, cloud expansion, training in India
Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups.

Hacked crypto exchange KuCoin resumes crypto deposits and withdrawals
KuCoin is partially restoring crypto withdrawals after a major hack. 916 Total views 19 Total shares The KuCoin cryptocurrency exchange is partly restoring deposits and withdrawals following a major hack.As KuCoin officially announced on Oct. 7, the platform has completed the wallet security upgrade for major cryptos like Bitcoin (BTC), Ether (ETH), and Tether (USDT).Following…

Head of SEC Enforcement Dept. for Cryptocurrency, Cyber Security Resigns
The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement's Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission.According to an official announcement by the SEC, Cohen served as the first chief of the Cyber Unit since its inception in 2017.The Cyber Unit is in charge…

One Million UEFA Tickets to Be Distributed Via Blockchain in 2020
Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA).According to a Feb. 17 announcement, UEFA will distribute over one million soccer match tickets via a blockchain-enabled mobile application. The organization claims that this new ticketing system will make “entry…

Algorand Founder’s Chess Match Against A Grandmaster Recorded on Blockchain
A chess game between grandmaster Sergey Karjakin and Algorand founder Silivio Micali was recorded on the blockchain. 2133 Total views 56 Total shares Algorand founder Silvio Micali played a Blockchain-recorded chess game against grandmaster Sergey Karjakin. This marked a historic moment for the fifteen hundred year old game.Gentlemen are cheating tooThe match, which was the…

Bitcoin bucks downtrend with rally to $85.8K — Are BTC bulls really back?
Bitcoin (BTC) reclaimed the $84,500 level on April 14, and the recovery appears partially fueled by the announcement of partial import tariff relief by US President Donald Trump. However, traders’ optimism faded on April 13 when it became apparent that the relaxation was temporary and that tariffs on the electronics supply chain could be revisited.

Whale Moves $1.3 Billion in Bitcoin … the Question Is Why?
An unknown whale has moved $1.3 billion BTC in three transactions. 2350 Total views 18 Total shares As Bitcoin continues to hold above $9,800, one whale decided now was the time to move more than $1 billion in BTC.According to blockchain data, an unknown Bitcoin (BTC) trader moved over 132,255 BTC — roughly $1.3 billion…