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Existing Canadian users will be able to trade on the exchange until April 14.

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

The exploiter will retain 20% of the stolen funds as a bug bounty.

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

ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.