Industry
BIS completes DLT settlement pilot with Bank of England
The Bank of England and the Bank of International Settlements (BIS) innovation hub in London have tested a settlement system powered by inter-institutional distributed ledger technology. The Bank of England will use insights from the project in its Real Time Gross Settlement (RTGS) system.Wayne IngramPrivacy, scaling drive use cases for zero-knowledge tech
A quarterly report focused on zero-knowledge (ZK) technologies suggests that privacy, scaling, and identity solutions are significant drivers of adoption in the blockchain space.Jerry McNeillKyberSwap Announces Potential Vulnerabilities, Tells LPs to Exit ASAP
Kyber Network, developer of the Kyberswap Elastic decentralized cryptocurrency exchange, announced on April 17 that there are potential vulnerabilities in the exchange's contracts.James DeanAfter airdrop hype, total Arbitrum accounts top 5 million
The number of accounts or wallet addresses for ethereum layer 2 scaling solution Arbitrum (ARB) surpassed 5 million on April 17, according to statistics compiled by user Henrystats on Dune Analytics. In addition to individual addressesBarry StidhamBiggest mistake was not using tax loss harvesting: Koinly tax chief
Failing to take advantage of tax-loss collections is one of the biggest mistakes people make with their tax returns, said Danny Talwar, tax director at crypto tax software company Koinly.Craig GreenHong Kong court rules cryptocurrencies are property
A Hong Kong-based court has recognized cryptocurrencies as custodial property in a ruling involving defunct cryptocurrency exchange Gatecoin.Christopher SmithLack of stablecoin regulation could drive issuers out of the US
US lawmakers discussed the role of stablecoins at a committee hearing, but some experts expressed concern about the country's regulatory environment.Cornell RachelSociete Generale subsidiary launches euro-pegged stablecoin on Ethereum
Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale, has launched EUR CoinVertible, a euro-pegged stablecoin for qualified institutional clients.Hallie GillMetaMask denies claims it exploited wallets in 'massive' $10M hack
Cryptocurrency wallet provider MetaMask denies claims that the exploit of its wallet was the result of a "massive wallet drain operation" that has claimed over 5,000 Ether.Jerry McNeillBlockchain Project TON Launches Ethereum Bridge
The TON Foundation - a non-profit association of developers and enthusiasts behind The Open Network (TON) - has announced the launch of a two-way bridge to facilitate the transfer of ERC-20 tokens from Ethereum to natively wrapped fungible tokens. Coins (Jettons) in tons.Sherry CantwellSleeping BTC whale wakes up, sends $60M for first time in 9 years
A Bitcoin wallet that had been inactive for over nine years recently sent out 2,071.5 BTC (worth over $60 million).Barry StidhamTesla did not sell BTC in the first quarter of 2023
Electric car giant Tesla did not buy or sell any bitcoins in the first quarter of 2023. The company last traded in the second quarter of 2022, when it sold 75% of its BTC holdings in response to rising production costs.Craig GreenDogecoin (DOGE) Active Addresses Cross 100K for First Time in 9 Months
Dogecoin (DOGE) the OG meme coin is up about 30 percent since the start of the month. It is trading above $0.09 and is currently rising on the back of Elon Musk’s tweet about his Starship launch attempt.Christopher SmithTerra co-founder Do Kwon reportedly indicated for falsifying documents
Prosecutors in Montenegro reportedly filed an indictment against Terra co-founder Do Kwon following his arrest in late March.Barry StidhamIndustry leaders and policymakers react to passage of MiCA in the EU
While the crypto-focused regulatory framework still needs approval from the European Council before final adoption, many in the space have reacted positively to the advancement of the Markets in Cryptoassets (MiCA) bill.Christopher SmithCrypto Exchange Roqqu Gets South African Approval to Expand Business
Nigerian cryptocurrency exchange Roqqu has received regulatory approval to operate in South Africa, allowing users to buy cryptocurrencies and withdraw funds using the country's fiat currency, the South African rand, local media reported.Cornell RachelSEC's Attempt at 'Brute Force' Crypto Regulation Is 'Bad Policy'
The SEC has come under increasing criticism as the agency remains relentless in its war on cryptocurrencies.Wayne IngramProof of Reserves' bill passes Texas House of Representatives
The Texas House of Representatives approved a bill on April 20 requiring cryptocurrency exchanges to maintain reserves “sufficient to meet all obligations to customers.”Hallie GillResearchers Find Cryptocurrency "Maturity Profile" Similar to Stock Market
A pair of computer science researchers recently published preprint research showing that the nascent cryptocurrency market is starting to show a similar level of maturity to traditional stock markets.Jerry McNeillDeFi fuels zkSync growth as 1inch deploys on Ethereum layer 2 scaling platform
Decentralized finance protocol 1inch has deployed its aggregation and limit order protocol on Ethereum layer 2 scaling solution zkSync Era to take advantage of faster and cheaper transactions.James Dean
