Markets
Aave's Proposal to Launch on zkEVM Passes "Temperature Check" Vote
The “temperature check” proposal to deploy decentralized exchange (DEX) Aave on zkSync Era mainnet has received strong support from the Aave community.Seth RowdenEthereum Gas Fees Spike on Memecoin Mania, Mixed Comments on Network Availability
Amid a growing memecoin frenzy, gas fees on the ethereum network have soared to multi-month highs. High transaction fees have multiplied Ethereum’s daily revenues compared to Bitcoin (BTC).Seth RowdenSoaring Bitcoin Mining Stocks Outperform Techs in 2023
Late last year, several public bitcoin miners were on the verge of bankruptcy. But the recent market rally has injected cautious optimism into the bitcoin mining sector, leading to sharp gains in most related stocks.Seth RowdenMore than half of Americans worry about AI having a 'significant impact' on workers
Nearly two-thirds (62%) of Americans believe that the implementation of artificial intelligence in the workplace will have a "significant impact" on American workers within the next 20 years, leaving many workers feeling "alarmed" and "concerned" about their future ".Seth RowdenHong Kong Crypto ETF Demand Tepid Despite Regulatory Clarity
According to a report published by the Hong Kong Stock Exchange (HKSE), two bitcoin, Exchange Traded Funds (ETFs) and Ethereum, From December 16, 2022 to February 7, 2023,Seth RowdenCrypto Financial Services Provider January Receives Full Danish Payments License
Danish startup Januar announced on April 19 that it has received a payments institution license from the country's Financial Supervisory Authority (DFSA). The license will allow January to operate in 30 EEA markets, whereas it only served Danish companies under a previous license limit.Herman HayesEuropean Parliament Passes Crypto-Focused MiCA Legislation
After two consecutive delays, the European Parliament has given its final vote on the Crypto Assets Markets Act, known as MiCA. The legislation, first introduced in 2020, now needs approval from the European Council to become effective regulation.Herman HayesBrazilian Authorities Investigate Binance Leading Clients Through Stop-Loss Orders
According to the Valor Econômico newspaper, the Brazilian Federal Prosecutor's Office and the Federal Police are investigating Binance.Herman HayesCrypto firm allegedly used AI and actors to fake executives
A number of companies claiming to offer artificial intelligence-assisted cryptocurrency trading services have been accused by California financial regulators of "fraudulent investment schemes," with two accused of using actors and artificial intelligence to impersonate their CEOs.Herman HayesBitcoin Ignores US Jobs Data as BTC Price Drop Puts $28,000 Support at Risk
Bitcoin Stocks rebounded from fresh 10-day lows opened on Wall Street on April 20 as US jobs data boosted investor confidence. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversed gains after touching $28,360 on Bitstamp.Herman HayesAleph Zero Launches $50M Ecosystem Funding Program
Aleph Zero is launching a $50 million funding program for the Aleph Zero Ecosystem, a layer 1 privacy-enhancing blockchain announced on April 18.Seth RowdenBinance Users Get New ETH Deposit Address
Binance, the world's largest cryptocurrency exchange by trading volume, is disabling several old deposit addresses as part of an infrastructure upgrade.Seth RowdenOpenAI has until April 30 to comply with EU law
OpenAI may soon face its biggest regulatory challenge yet as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy laws, something artificial intelligence (AI) experts say is near impossible completed tasks.Seth RowdenSotheby's to Auction Part of 3AC's Digital Art Collection
Sotheby's auction house said it would sell a digital art collection that was part of defunct crypto hedge fund Three Arrows Capital.Herman HayesA16z's much-hyped orange balls found to be L2 rollup clients
A series of cryptic tweets depicting orange balls has been revealed to be hyping a new rollup client for Optimism (OP) called “Magi” from the crypto arm of venture capital firm Andreessen Horowitz (A16z).Herman HayesMidjourney, other AI developers fight back in court, claiming their material doesn't resemble the artist
Midjourney, Stability AI, and DeviantArt published a response on April 18 to a group of artists who have accused them of widespread copyright infringement.Herman HayesTreasury reportedly revives blockchain task force, Coinbase helps UK at Web3 hub
The UK could “accelerate” its crypto industry and become an “innovation hub for the Web3 economy,” as part of a vision laid out by cryptocurrency exchange Coinbase.Herman HayesGary Gensler refuses to answer whether ETH is a security
Patrick McHenry, chairman of the U.S. House Financial Services Committee, directly criticized the SEC and its leadership on digital assets during an oversight hearing.Herman HayesFed Governor Says There's 'Promise' for U.S. Wholesale CBDC, But Retail 'Unthinkable'
U.S. Federal Reserve President Michelle Bowman gave a speech at Georgetown University on April 18 to “offer a perspective” on central bank digital currencies.Herman HayesBitcoin Dominance Crushed by ETH's Post-Shapela Rally
Ethereum Prices have breached the psychological $2,000 level following this week's Shapella upgrade, with bitcoin falling as a result market dominance.Seth Rowden
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