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The latest price moves in crypto markets in context for April 6, 2023.

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

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.”

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.

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

The FTT exchange token is up 17% on the news.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

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