Share this article
Bitcoin News Roundup for April 21, 2020
Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.
By John Biggs
Updated Sep 14, 2021, 8:31 a.m. Published Apr 21, 2020, 4:00 p.m.
Make us preferred on Google
Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Todays stories:
Bitcoin Under Pressure After Oil Prices Crash to Record Lows
dForce Hacker Returns Almost All of Stolen $25M in Crypto
European Contact Tracing Consortium Faces Wave of Defections
Big Tech Signs Rare Open Source Pledge During Coronavirus
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Meta and Microsoft continue going big on AI Spending. Here's how bitcoin miners could benefit
In its fourth quarter earnings report, Meta said capital spending plans for 2026 should be in the range of $115-$135 billion, well ahead of consensus forecasts.
What to know:
- Fourth-quarter earnings results from Microsoft (MSFT) and Meta (META) suggested no slowdown in AI-related spending.
- Microsoft highlighted that AI is now one of its largest businesses and pointed to long-term growth.
- Meta projected sharply higher capital spending in 2026 to fund its Meta Super Intelligence Labs and core business.
Top Stories
