Tag: News

Late Gambino Boss John Gotti’s Grandson Sentenced to 15 Months for $1.1M COVID Loan Fraud Tied to Crypto Firm โ€“ 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,…

Polymarket Unveils Perpetual Futures Trading for US Markets in 2026 โ€“ 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 Polymarketโ€™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…

Michael Saylor & Tom Lee DIRE WARNING to Bitcoin & ETH Holders.

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New York Fintech, Prediction Market Giant Kalshi Eyes US Market for Crypto Perpetual Derivatives โ€“ 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 Kalshiโ€™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 โ€“ Bitcoin News

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Key Takeaways: An attacker exploited KelpDAOโ€™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 Midnightโ€™s zero-knowledge proofs and multi-party computation could prevent this class of attack from repeating. Hoskinson Explains Why Cardanoโ€™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…

Amazon Invests $5 Billion More in Anthropic, Secures 10-Year AWS Deal Worth $100 Billion โ€“ Bitcoin News

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Key Takeaways: Amazon invested $5 billion in Anthropic on April 20, 2026, pushing total committed capital to $13 billion since 2023. Anthropic pledged $100 billion over 10 years to AWS, securing 5 GW of compute for Claude model training. Claudeโ€™s run-rate revenue hit $30 billion in 2026, tripling from $9 billion at year-end 2025, driving the infrastructure push. Amazon Deepens Anthropic Bet The deal, announced jointly on April 20, builds on the $8 billion Amazon has already committed to Anthropic since 2023, bringing total invested capital to $13 billion. Amazon…

US Lawmakers Urged to Advance CLARITY Act as Digital Chamber Pushes Senate Markup โ€“ Bitcoin News

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Key Takeaways: The Digital Chamber increased pressure on Senate leaders to move the bill to markup. Senate Banking faces mounting urgency as the CLARITY Act remains stalled after House approval. Industry groups expect the next phase to accelerate digital asset oversight efforts. Senate Leaders Face Growing Pressure U.S. digital asset legislation faced renewed pressure on April 20 as blockchain trade association The Digital Chamber urged Senate leaders to move market structure talks into a formal markup stage. The group sent a letter to Senate Banking Committee Chairman Tim Scott and…

Polymarket in Talks to Raise $400 Million at $15 Billion Valuation: Report โ€“ Bitcoin News

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Key Takeaways: Polymarket is reportedly in advanced talks to raise $400 million at a $15 billion valuation, per The Information. ICE has already invested over $1.6 billion in Polymarket since October 2025, building on an $8 billion pre-money deal. Polymarket hit a record $10.57 billion in monthly trading volume in March 2026, with expansion capital next. Polymarket Seeks $400M Funding Round, According to The Information Sources The Information report cited people familiar with the matter and noted that the round has not been finalized, meaning terms could still change. Polymarket…

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Coinbase Expands USDC Loans to UK After Strong US Demand โ€“ Bitcoin News

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Key Takeaways: Coinbase expanded U.K. access to USDC loans backed by BTC, ETH, and cbETH. Morpho strengthens Coinbaseโ€™s on-chain lending push as borrower demand stays strong. Expansion signals Coinbase aims to bring crypto-backed loans to more markets. Coinbase Expands Crypto-Backed Lending in UK Rising U.S. adoption of crypto-backed lending is guiding Coinbase Global Inc. (Nasdaq: COIN) international expansion, as the company announced on April 20 the extension of its borrowing product to the U.K. The rollout introduces a new liquidity option for U.K. users within the Coinbase platform. The move…