Loopscale has successfully recovered $5.8 million in funds stolen during an April 26 exploit, following negotiations with the attacker. The decentralized finance protocol announced that all user deposits have been returned, with the hacker accepting a whitehat bounty in exchange…

Loopscale confirms return of $5.8m hacked funds after exploit

Bitcoin markets are closely tracking upcoming political events, with Bitfinex 
analysts highlighting President Donald Trump’s 100-day address as a potential 
inflection point for crypto. Investors are watching for any indication of 
alignment between U.S. policy and Bitcoin’s (BTC) future role…

Trump’s 100-day speech could signal Bitcoin policy shift: analysts

TRB has slipped back into its macro trading range between $9.93 and $44.24. 
Price acceptance within this zone suggests a prolonged accumulation phase 
might be the next major development. Tellor (TRB) is currently trading within 
a historically significant range that…

TRB re-enters macro range as accumulation phase looks likely

Bitget, a cryptocurrency exchange with 100 million users, has announced a 
partnership with Avalanche to support community initiatives across India, one 
of the fastest-growing areas for crypto and Web3 developers.
The partnership will see at least $10 million doled out in mini-grants, 
scholarships, hackathons, and workshops to the Web3 community in the country. 
The initial focus will be in Delhi and Bangalore. Delhi is the most populous 
city in India, and Bangalore is known as the local &#8220;Silicon Valley.&#8221;
Cryptocurrency activity in India has surged over the past two years. According 
to CoinSwitch, a local exchange, crypto investment across the country 
accelerated in 2024, with the highest concentrations in Delhi (20.1%), 
Bengaluru (9.6%), and Mumbai (6.5%). Youth 18- to 35-years-old now account for 
nearly 75% of the country&#8217;s crypto investors. While Bitcoin (BTC) and Ether 
(ETH) remained popular choices, Dogecoin (DOGE) attracted the most investment 
in 2024, with other memecoins like Shiba Inu (SHIB) and Pepe (PEPE) also 
gaining significant traction.
_**Related:**__**India has no plans to regulate crypto sales and purchases**_
## India&#8217;s tech market
The growth of India&#8217;s crypto ecosystem coincides with a wave of global 
exchanges either reentering the market or actively exploring a return. In 
February 2025, Bybit registered with local authorities and restored services 
in the country. In the same month, Coinbase began discussions with regulators 
seeking a comeback in the Indian market.
India is expected to be among the first countries to finalize a bilateral 
trade agreement with the United States, aiming to avoid the imposition of 
reciprocal tariffs by President Donald Trump. In addition, the country is 
reportedly seeking a pact with the US to gain access to certain technologies 
and exports.
According to Web3 venture capital firm Hashed Emergent, India already accounts 
for 12% of Web3 developers worldwide and contributed 17% of all new developers 
entering the crypto space in 2024.
_**Related:**__**Indian authorities arrest alleged Garantex founder for US 
extradition**_

Bitget, Avalanche form crypto partnership in India

AI has long been under fire for alleged misuse of intellectual property, which 
is something that Camp Network wants to solve.

Camp Network raises $30m to solve AI’s data ownership problem

The U.S. Securities and Exchange Commission (SEC) has delayed a decision on 
whether to approve the listing of Franklin Templeton’s proposed exchange- 
traded fund (ETF) tied to XRP, extending its review period by 45 days. SEC 
Takes Additional 45 Days to Assess Franklin XRP Fund Filing The SEC announced 
Tuesday it will defer its ruling on […]