Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm

The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.Source

Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund

Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source

First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins

Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source

Dogecoin Drops After Elon Musk’s Twitter Stops Using Its Dog Logo

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Venture Capital Bitkraft Raises $220.6M for Second ‘Token’ Fund: Filing

The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy.Source

Ether Holds Near $1.9K as Shanghai Fork Approaches

ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.Source

Ethereum’s Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says

Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.Source

Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies

The change improves support for exchanges and may bring faster development, Avalanche says.Source

Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown

The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.Source

Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad

After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.Source