Senator Chris Murphy Accuses Trump of Running Crypto Backdoor Bribery Scheme

Senator Chris Murphy has intensified his allegations against President Donald Trump, accusing him of operating a covert bribery channel through the $TRUMP meme coin. The claim comes as Trump pauses tariffs, raising market uncertainty and sparking fresh scrutiny over the president’s crypto ties. 
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Standard Chartered and OKX Launch Crypto Collateral Project

Standard Chartered and OKX have launched a crypto collateral project that allows institutional clients to use cryptocurrencies and tokenized funds under a regulated framework, enhancing risk controls and custody security.
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OpenAI Countersues Elon Musk, Setting Stage For Legal Battle

OpenAI has filed a countersuit against Elon Musk, claiming he abandoned the venture after failed merger talks with Tesla, skipped a $1B pledge, and sought to derail OpenAI’s progress through the creation of xAI.
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a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter

Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate.
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Bybit’s Market Share Rebounds by 7% After February Hack

Bybit’s market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack.
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Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause

U.S. spot Bitcoin ETFs experienced $127.12 million in net outflows on April 9, despite President Trump’s announcement of a 90-day pause on new tariffs, which boosted U.S. stocks. The Nasdaq saw its best day since January 2001, but this didn’t translate to Bitcoin ETFs, highlighting a disconnect in market reactions.
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