Industry
Binance 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 DeanDecentralized exchange GMX votes to use Chainlink low-latency oracles
Chainlink, The low-latency oracles will be integrated with decentralized exchange (DEX) GMX, following a successful governance proposal that sought to provide GMX v2 with more “granular” real-time market data.Barry StidhamThe dangers of Google's new 2FA authenticator cloud backup
Google has released an update to its popular Authenticator app, which stores a "one-time code" in cloud storage, allowing users who lose a device with an Authenticator to retain access to two-factor authentication (2FA) access rights.Christopher SmithBitcoin Whitepaper Quietly Removed from Latest MacOS Beta by Apple
The world's largest tech company quietly pulled Bitcoin, the white paper is from the latest beta version of its operating system upgrade.Cornell RachelApple's External Payments Ban Ruled Illegal, Could Win NFTs and Crypto
A California court has ruled that Apple violated state competition law by banning app developers from using other in-app payment methods other than its own, which include a 30% commission.Wayne IngramBinance.US Pulls Out of $1 Billion Voyager Asset Purchase, Blames Regulatory Environment
In a tweet, the company announced that Binance.US had withdrawn from its agreement to purchase the assets of $1 billion of bankrupt cryptocurrency brokerage Voyager Digital. It blamed the "hostile and uncertain regulatory environment in the United States" for the move.Hallie GillFTX Sells LedgerX to Miami Exchange Holdings Affiliate for $50M
FTX announced that it has entered into a purchase agreement with an affiliate of Miami International Holdings to sell its futures and options exchange and clearinghouse, LedgerX.James DeanWeb3 Interoperability Highlighted in Radix-LayerZero Partnership
Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure, and provides a seamless user experience.James DeanSubway-themed trading bot makes millions using 'sandwich' attack
An anonymous Maximum Extractable Value (MEV) bot operator made more than $1 million this week by performing a “sandwich attack” on buyers and sellers of two new memecoins.Wayne IngramNew Trump NFT Sold Out on Day 1
A second set of non-fungible tokens (NFTs) bearing the name and likeness of former US President Donald Trump sold out on April 19, a day after its initial launch.Martha GrizzardTrump Drops More NFTs Ahead of Presidential Campaign, Meta Opens to Teens
Another round of digital non-fungible token (NFT) trading cards with the likeness of former US President Donald Trump dropped, with 38,001 minted on Polygon.Cornell RachelBitcoin and Liquidity Staking Protocols Lead Crypto Recovery in Q1 2023
As Bitcoin, the Cryptocurrency Ecosystem Is Off to a Good Start for the Year. Decentralized finance (DeFi) protocols see a surge in market capitalization by Q1 2023.Christopher SmithUnclear regulation of payment solutions could undermine US sanctions, experts say
Anja Manuel, a former State Department official, said that if the United States could not maintain its dominance in financial innovation and payments, it could affect its national security policy, especially with regard to sanctions.Martha GrizzardCrypto Biz: EU's deep understanding of big tech algorithms, Musk's TruthGPT
Whether intelligence can provide real answers remains to be seen, but the move will undoubtedly strengthen Musk's business portfolio,Wayne IngramFormer US Secret Service Assistant. Director: Keep FTX Users' Personal Information Confidential
Jeremy Sheridan, former assistant director of the US Secret Service's Office of Investigations, warned that some FTX clients could be targeted if their personal information were made public.Jerry McNeillDo Kwon Attorney Reportedly Dismisses SEC's Securities Fraud Charges
Attorneys representing Terraform Labs co-founder Do Kwon are reportedly fighting in court against the SEC's allegations that Kwon defrauded US investors by illegally issuing unregistered securities.Sherry CantwellSBF's lawyers can't wiretap his parents' phones to meet bail conditions
Former FTX CEO Sam Bankman-Fried's legal team has asked for a third extension of his amended bail conditions, citing difficulties installing surveillance software on his parents' phones that had to film users "every five minutes" Photo.James Dean
