In the crypto world today, the Bitget exchange announced it would roll back accounts after detecting abnormal trading activity in VOXEL-USDT perpetual futures contracts, which saw a spike of over 138% within a day. Bitget CEO Gracy Chen assured that the exchange's funds are secure and stated that compensation would be provided to affected users through a protection fund totaling $300 million. Meanwhile, the Dogecoin community celebrated 'Dogeday' on April 20, anticipating decisions regarding Dogecoin-related exchange-traded fund (ETF) applications. Despite its humorous origins, Dogecoin remains a significant player in the market with a $23.2 billion market cap. Additionally, Christopher Perkins, president of CoinFund, criticized the recent report by the Bank for International Settlements (BIS) regarding crypto and DeFi, labeling its recommendations as dangerous, and argued that crypto should not be contained within traditional finance, comparing it to the unfettered nature of the internet.

Source 🔗