Industry
DeFi Options Protocol Raises $17M for Buyer's Market
Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to provide a buyer's market and expanded token list, according to an April 24 announcement by the team.Jerry McNeillCoinbase Files Court Action, Asking SEC to Respond to Rulemaking Petition
Coinbase has filed a lawsuit in the US federal court seeking a "yes or no" response from the country's securities regulator to a petition the exchange has pending since July.James DeanCryptocurrency is Dead in America': Tech Billionaire Chamath Palihapitiya
US Regulators Have Killed the Crypto Industry, According to Bitcoin Bull and billionaire tech investor Chamath Palihapitiya.Barry StidhamGenesis settlement disrupted by new creditor demands, says DCG
Troubled digital currency firm Genesis Capital found its settlement disrupted by creditors two months after it initially struck a deal, raising concerns about the timing of the process.Cornell RachelEU data watchdog warns of 'hell' scenario for US AI firms
Europe's data watchdog, Wojciech Wiewiórowski, has predicted that US artificial intelligence (AI) companies will be in trouble, now under investigation for alleged violations of the General Data Protection Regulation (GDPR).Martha GrizzardPricing Disparity in Decentralized File Storage Remains Despite Market Growth
The cost of decentralized file storage on blockchains like Filecoin, Arweave, Swarm, StorJ and Sia currently ranges from near zero to $4 per terabyte (TB) per month, according to a new report from Singapore-based venture capital firm Foresight Ventures.Cornell RachelCalifornia County Approves Blockchain-Based Digital Wallet for Government Services
Santa Cruz County in Northern California is one of the latest counties to adopt and implement blockchain-based solutions at the government level.Martha GrizzardMeWe social network with 20 million users to integrate with Polkadot parachain
According to an announcement made at Consensus 2023 on April 26, social network MeWe will be integrated with Polkadot's parachain Frequency blockchain network. The announcement added that the company will begin moving its user accounts onto the network this quarter.Jerry McNeillBinance.US Enables Web3 Domain Creation for US Users
Binance. Through a new partnership with Unstoppable Domains, US users will soon be able to set up decentralized domains that will serve as digital identities across the Web3 ecosystem.James DeanUS House Finance Committee Republicans Seek Records Showing Crypto Debanking
Three Republican members of the US House of Representatives Financial Services Committee have written to the head of the US banking regulator seeking information on possible coordinated action against digital asset firms.Wayne IngramHome of Ex-FTX Exec Ryan Salame Raided by FBI
The FBI has reportedly raided the home of former FTX co-CEO Ryan Salame amid further scrutiny of his role as a close advisor to Sam Bankman-Fried.Barry Stidham"The War Room is Frustrated" - Scaramucci on FTX's Consensus Meltdown
On April 27th, SkyBridge Capital founder Anthony Scaramucci revealed what the final days of FTX were like, claiming that most of the failed cryptocurrency exchange's employees probably didn't know its executives were working behind closed doors. something until it's too late.Craig GreenRobinhood Launches Fiat-to-Crypto Onramp for Self-Hosted Wallets and DApps
Announced at Consensus 2023 on April 27, “Robinhood Connect,” a fiat-to-crypto onramp, supports decentralized applications (DApps) and self-custodial wallets.Christopher SmithHong Kong Authorities Remind Banks Not to Hastily Reject Digital Asset Clients
The Hong Kong Monetary Authority (HKMA) reminded banks on April 27 that there is no one size fits all when it comes to anti-money laundering (AML). Banks should not make opening an account unnecessarily difficult.Cornell RachelBanks Bullish on Crypto: Standard Chartered's Zodia Raises $36M
Global banks continue to expand their cryptocurrency-related capabilities, with British multinational bank Standard Chartered raising new funding for its crypto platform Zodia.Wayne IngramAmid ChatGPT craze, Bitget commits $10M to Fetch.ai ecosystem
Cryptocurrency derivatives exchange announced April 27 that Bitget has committed $10 million to develop the Fetch.ai ecosystem.Jerry McNeillBinance CEO Denies $28B Fortune: 'I Don't Have That Much'
Changpeng “CZ” Zhao, CEO of major cryptocurrency exchange Binance, claims to have a net worth that is much lower than some mainstream media outlets have reported.James DeanSilicon Valley-based tech accelerator expands its digital assets vertically to France
Silicon Valley, California-based accelerator Plug and Play Tech Center will expand its cryptocurrency and digital asset vertical to France, the company announced April 25.Martha GrizzardDraft Bill Proposes Separate Legislation for Payment Stablecoin and Digital Asset Markets
Republican lawmakers on the US House Financial Services Committee have released a draft bill focusing on stablecoins for payments rather than overseeing other aspects of the digital asset market.Hallie GillOpenSea 'insider trading' trial begins in New York District Court
On April 24, the Southern District Court of New York held the first jury hearing in the case against former OpenSea product manager Nathaniel Chastain, who was accused of using non-fungible tokens (NFTs) for insider trading.James Dean
