Markets
Circle CEO Warns of Aggressive and Accelerating De-Dollarization
Jeremy Allaire, CEO of stablecoin issuer Circle, said the US must implement stablecoin legislation and digitize the US dollar to ease the current “very active de-dollarization process” around the world.Seth RowdenNew York Investment Bank Says 'Crypto Winter Is Over', Bullish on Coinbase's Outlook
Wainwright, an analyst from the well-known New York investment bank HC, announced the end of the "encryption winter".Seth RowdenMetaverse's positive Q1 performance dragged down by $4B loss in Metaverse unit
Meta's metaverse unit and Reality Labs lost nearly $4 billion, while the first quarter was strong for Mark Zuckerberg's social media empire, which ended up with a profit of $5.7 billion.Seth RowdenCertiK to Launch Compensation Program for $2M Merlin DEX Bug
Blockchain security firm CertiK is launching a compensation plan to cover $2 million lost during the public sale of decentralized exchange Merlin's MAGE token.Seth RowdenCFTC Proposes Reduced Anonymity to Manage Risk
US Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero has proposed reducing the anonymity of cryptocurrencies as a means of managing risks associated with digital assets.Seth RowdenRomania Joins Web3 Through National NFT Marketplace
Romania's National Informatics Research and Development Institute (ICI Bucharest) aims to drive Web3 adoption in the country by launching an in-house non-fungible token trading platform.Herman HayesVitalik Buterin Discusses Technology, Identity with Indian Yogi Sadhguru
Emerging technologies such as blockchain are ushering in a new era of human interaction with the digital world. It's an ever-evolving topic for thought leaders inside and outside the industry trying to predict how such technologies will enable changes in the human experience.Seth RowdenSolana Labs' ChatGPT Plugin Allows AI to Fetch Blockchain Data
Solana Users will soon be able to interact with the network through an open-source plugin enabled on OpenAI's artificial intelligence (AI) chatbot, ChatGPT.Seth RowdenMost creditors want Hodlnaut liquidated
Creditors of Singapore-based cryptocurrency lender Hodlnaut have reiterated their desire to liquidate the company, which has been under judicial administration since August 2022. Interim Judicial Manager (IJM) Aaron Loh Cheng Lee on the notification of the updated case.Seth RowdenGoogle Cloud Expands Web3 Startup Program With 11 Blockchain Firms
Tech conglomerate Alphabet has expanded its Google for Startups cloud program.Seth RowdenCoinbase's Base Network Gets OpenZeppelin Security Integration
The OpenZeppelin Defender smart contract security platform is now integrated with Coinbase's Base network, allowing Web3 application developers on Base to automate security tasks.Seth RowdenGeorgian Vendors Get Crypto Payment Option Through New Partnership
Gate Pay, the cryptocurrency payment service provided by cryptocurrency exchange Gate.io, has partnered with CityPay.io, a Georgia-based startup specializing in crypto payments. The partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payments alternative for their products and services.Seth RowdenMaple Finance Launches US Treasury Yield Pool
Blockchain-based institutional capital marketplace Maple Finance has launched a pool of US Treasury debt for non-US-accredited investors and entities.Seth RowdenSolana Launches Emissions Dashboard to Improve Blockchain Carbon Footprint Transparency
The Solana Foundation, in partnership with data platform Trycarbonara, has announced the launch of a real-time tracking dashboard for measuring carbon emissions on the Solana blockchain.Herman HayesInnovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Secretary of the Treasury for Terrorist Financing and Financial Crime Elizabeth Rosenberg reminded the audience at the Atlantic Council think tank on April 21 that the US Treasury Department conducted a risk assessment of decentralized finance (DeFi)Seth RowdenSEC wins $2.8 million lawsuit over alleged price manipulation of crypto tokens
A seven-month lawsuit between US securities regulators and a company allegedly manipulating cryptocurrency prices has concluded with a $2.8 million payment.Herman Hayes$190B Ontario Pension Says No to Crypto After FTX Investing Losses
Anantario Teachers' Pension Plan has decided to shift its investments away from cryptocurrencies.Seth RowdenBinance CSO Says Spreading Misinformation About Changpeng Zhao Is "Normal" For SBF
Former FTX CEO Sam Bankman-Fried used Twitter and other means to spread “false rumors” about Binance CEO Changpeng Zhao “CZ,” according to Binance executives.Herman HayesDo Kwon fails to block SEC's pursuit of Singapore records
US District Judge Jed Rakoff rejected Kwon and Terraform's request for an order forcing the SEC to withdraw its request for Singapore regulators to obtain documents from the defenders and the Luna Foundation Guard, which was formed to raise funds, at a hearing Friday.Seth RowdenGnosis Chain Spends $5M on Validator Incentives to Achieve Decentralization
Gnosis Builders, the developer of blockchain network Gnosis Chain, has announced a $5 million project to increase the number and diversity of validators through incentives. According to the company's April 18 announcement, the new program is called “Gnosis VIP.”Seth Rowden
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