Markets
Innovate 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)Hallie GillSEC 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.Christopher Smith$190B Ontario Pension Says No to Crypto After FTX Investing Losses
Anantario Teachers' Pension Plan has decided to shift its investments away from cryptocurrencies.Martha GrizzardBinance 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.Wayne IngramDo 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.Cornell RachelGnosis 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.”Hallie GillAave'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.Sherry CantwellEthereum 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).Wayne IngramSoaring 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.James DeanMore 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 ".Cornell RachelHong 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,Martha GrizzardCrypto 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.Wayne IngramEuropean 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.James DeanBrazilian 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.Craig GreenCrypto 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.Martha GrizzardBitcoin 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.Sherry CantwellAleph 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.James DeanBinance 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.Barry StidhamOpenAI 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.Wayne IngramSotheby'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.Christopher Smith
