
Today in crypto, the Bitget crypto exchange rolled back accounts following “abnormal trading activity” in VOXEL-USDT perpetual futures contracts,” the Dogecoin community celebrates “Dogeday,” and CoinFund’s president takes aim at the latest crypto report from the Bank for International Settlements. Bitget rolls back accounts after market irregularity in VOXEL-USDT perpetual futures contracts Cryptocurrency exchange Bitget detected "abnormal trading activity" in VOXEL-USDT perpetual futures contracts between 8:00 to 8:30 UTC on April 20 and is rolling back accounts impacted by the trading irregularity during the next 24 hours. Bitget CEO Gracy Chen told Cointelegraph that the issue was not platform-wide and involved funds traded between market participants and not the exchange itself. Chen added that all user funds are safe. The exchange is also issuing a compensation plan for traders affected by the market irregularity. Chen told Cointelegraph: "For any residual losses, Bitget is fully prepared to offer compensation. Our $300 million protection fund provides more than sufficient backing to support our users in such events, assuring that user assets remain secure." The incident is the latest in a string of market irregularities impacting cryptocurrency exchanges and causing losses to users, including the Hyperliquid-Jelly memecoin market exploit in March 2025. VOXEL-USDT perpetual futures contract spikes by over 138% in a single day. Source: TradingView Dogecoin holders celebrate “Dogeday” 4/20 as ETF decision draws near Dogecoin holders worldwide celebrate “Dogeday” on April 20 , as the memecoin’s community awaits upcoming deadlines for Dogecoin-related exchange-traded fund (ETF) applications. Dogeday marks the unofficial holiday of the Dogecoin ( DOGE ) community. It gained traction in the memecoin community four years ago, in 2021, during International Weed Day on April 20. Source: Bitget Despite its reputation as a joke token, Dogecoin remains the eighth-largest cryptocurrency by market capitalization, currently valued at $23.3 billion, according to CoinMarketCap. Dogecoin’s tokenomics have often been criticized for issuing 14.4 million worth of new DOGE into circulation per day, giving it a daily inflation rate of over $2.16 million. Dogecoin’s staying power “stems from a blend of community-driven enthusiasm, low entry barriers, and speculative appeal,” according to Anndy Lian, author and intergovernmental blockchain expert. “Crypto is not communism” — Exec slams BIS’ take on crypto The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm. “Many of their recommendations and conclusions — perhaps due to a mix of fear, arrogance, or ignorance — are completely uninformed and, frankly, dangerous,” CoinFund president Christopher Perkins said in an April 19 X post, referring to the BIS’ April 15 report titled “Cryptocurrencies and Decentralized Finance: Functions and Financial Stability Implications.” “Crypto is not communism,” Perkins said, pushing back against the BIS’ call for a “containment” approach to isolate crypto from traditional finance and the broader economy. “It’s the new internet that provides anyone with a connection access to financial services,” Perkins said. “You cannot control it anymore than you control the internet,” he added.