Category: Bitcoin News

Late Gambino Boss John Gotti’s Grandson Sentenced to 15 Months for $1.1M COVID Loan Fraud Tied to Crypto Firm – Bitcoin News

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Key Takeaways: Carmine Agnello, grandson of Gambino boss John Gotti, received a 15-month federal prison sentence on April 20, 2026. Agnello diverted roughly $420,000 of $1.1 million in fraudulent SBA EIDL funds into a cryptocurrency business. U.S. Attorney Joseph Nocella Jr. signaled the Eastern District of New York will continue prosecuting COVID-19 relief fraud cases. Gambino Family Descendant Gets Prison Time for Diverting COVID Funds Into a Crypto Company U.S. District Judge Nusrat J. Choudhury imposed the sentence in federal court in Central Islip, New York. Agnello, 39, of Smithtown,…

Shakepay Enables Bitcoin-Backed Lending in Canada After AMF Green Light

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Key Takeaways: Shakepay launched bitcoin-backed loans on April 21, 2026, becoming the first crypto platform in Canada to offer the product. Loans carry a 9.5% APR, cap at $50,000 CAD, and are backed by a 3-year exemptive relief decision from Quebec’s AMF. CEO Jean Amiouny says the feature is rolling out gradually, with higher loan limits expected over time. Canada’s Shakepay Offers Bitcoin-Collateralized Loans Following AMF Exemptive Relief CEO Jean Amiouny announced the launch on X, calling bitcoin-backed loans one of the most requested features since the company was founded.…

Polymarket Unveils Perpetual Futures Trading for US Markets in 2026 – Bitcoin News

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Key Takeaways: Polymarket officially announced the launch of perpetual futures trading for crypto and stocks on April 21, 2026. The 2026 expansion into leveraged perps follows Polymarket’s CFTC approval to operate as a DCM in the U.S. Users can now join a waitlist for early access to trade assets like BTC and NVDA with 10x leverage soon. Prediction Giant Polymarket Expands Into Leveraged Crypto and Stock Perps The move marks a significant evolution for the platform, which rose to prominence by allowing users to trade on the binary outcomes of…

Bitcoin ETFs Add $238 Million, Mark Fifth Straight Day of Inflows

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Key Takeaways: Bitcoin ETFs added $238.37 million, with Blackrock’s IBIT sustaining the five-day inflow streak with a $256 million addition. Ether ETFs gained $67.77 million for an eighth straight day of inflows, despite outflows from Grayscale’s ETHE. XRP added $3 million and Solana $3.28 million, signaling broader ETF momentum across board. Crypto ETFs Stay Green as Bitcoin, Ether ETFs See Strong Inflows to Start Week Momentum carried straight into the new week. No hesitation. No pause. Crypto exchange-traded funds (ETFs) opened Monday, April 20, with another coordinated push higher, extending…

New York Fintech, Prediction Market Giant Kalshi Eyes US Market for Crypto Perpetual Derivatives – Bitcoin News

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Key Takeaways: Kalshi plans to launch CFTC-regulated crypto perpetual futures for U.S. traders on April 21, 2026. The move targets a share of the derivatives market after Kalshi’s valuation hit $22 billion in 2026. CFTC Chairman Michael Selig aims to repatriate offshore trading volume through 2026 regulatory shifts. American Prediction Marketplace Kalshi to Introduce Crypto Perpetuals for U.S. Users The expansion into leveraged, continuous derivatives was first reported by The Information on Tuesday, citing sources familiar with the matter. This move signals a significant pivot for the New York-based exchange,…

Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack – Bitcoin News

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Key Takeaways: An attacker exploited KelpDAO’s cross-chain bridge on April 18, stealing 116,500 restaked ETH worth roughly $292 million. The breach triggered more than $13 billion in DeFi TVL outflows within 48 hours, hitting Aave, Compound, Morpho, and at least 9 other protocols. Charles Hoskinson says Midnight’s zero-knowledge proofs and multi-party computation could prevent this class of attack from repeating. Hoskinson Explains Why Cardano’s Non-Custodial Staking Sidesteps Restaking Risk Charles Hoskinson, founder of Cardano and Ethereum co-founder, broke down the attack in a video published from Wyoming, walking viewers through…

Bitcoin breakout sparks fresh altcoin hype as BlockchainFX nears its $15m launch trigger

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin rally boosts altcoin sentiment as BlockchainFX nears final presale milestone. Summary Bitcoin breakout is lifting altcoin sentiment, drawing fresh attention to BlockchainFX. BlockchainFX has raised $14.3M of its $15M target, making its final presale stage a key market focus. With a live platform, 500+ tradable assets, and token rewards, BlockchainFX is gaining launch momentum. Bitcoin’s latest advance is beginning to reshape sentiment across the digital asset market.That matters…

UK Gas Firm Clarifies Bitcoin Mining Plans at Yorkshire Site

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Key Takeaways: Reabold said 2026 bitcoin mining at West Newton is small-scale, not a strategic pivot. UK gas site holds eight billion cubic meters, but energy focus remains, limiting crypto mining impact. Reabold may expand mining later, but must balance policy and climate pressure. Bitcoin Mining Pivot Downplayed by Reabold Amid Energy Concerns Reabold Resources has moved to temper speculation that it plans to pivot into bitcoin mining, following media reports suggesting the UK gas firm would prioritize crypto operations over domestic energy supply. The company said it remains committed…

Bitcoin rally faces pressure as whales offload near $75K

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Bitcoin traded near $75,000 after recovering about 24% from its February low near $60,000.  Summary Bitcoin traded near $75K as whales increased exchange inflows and analysts warned of rally resistance. Long-term holders added 354,000 BTC, while short-term traders moved 60,000 BTC to exchanges recently. Binance reserves fell as spot Bitcoin ETFs added 25,600 BTC and tightened market supply. Even so, recent on-chain data showed that larger holders kept sending coins to exchanges while long-term investors added to their positions. CryptoQuant contributor Maartun said the move does not yet confirm a…

KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin

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Key Takeaways: After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M) to the Ethereum mainnet. Peckshield confirmed the attacker is routing stolen funds to bitcoin via Thorchain, Umbra Cash, and Chainflip. Lazarus Group’s KelpDAO haul adds to $600M+ in DeFi losses over three weeks as TVL falls 25%. Arbitrum Freeze Triggers Immediate Response The KelpDAO exploiter drained approximately $292 million from the liquid restaking protocol’s Layerzero-powered bridge on April 18, in what has become the largest decentralized finance ( DeFi) exploit of 2026. Earlier today, the…