Markets
BTC Miner Raises $5M on Ordinals, Reddit NFT Hacked by Bots
Bitcoin Miners have earned more than $5 million by creating non-fungible token (NFT) inscriptions using the Ordinals protocol.Cornell RachelUniversal Music Group asks streaming services to block AI-generated music
Artificial intelligence (AI)-generated content has been on the rise with the release of OpenAI's latest version of its AI-powered chatbot, ChatGPT-4, and others like it.Wayne IngramEOS Network Secures $60M Investment and Partnership from DWF Labs
In the most significant investment to date, digital asset market maker and investment firm DWF Labs has announced an alliance with the EOS Network Foundation (ENF), in an investment deal valued at more than $60 million.Jerry McNeillRazer gaming incubator zVentures issues Web3 submission request
Razer, an American-Singaporean consumer electronics company known for its gaming hardware and peripheralsSherry CantwellPaxos to exit Canada due to regulatory uncertainty
Paxos, a fintech company that provides blockchain-based solutions to the global financial industry, has announced its decision to exit the Canadian market.James DeanEthereum Unstaking Requests Pile Up After Shanghai Upgrade, Waiting 2 Weeks Now
So many ethereum validators filed requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to withdraw the cryptocurrency has been set back two weeks.Hallie GillEthereum Shanghai Upgrade Prompts Ether Withdrawal, But No Stepping Out
Holders of ether, the native token of the $231 billion ethereum blockchain, began withdrawing their cryptocurrency after the so-called Shanghai upgrade was completed in Asia early Thursday morningBarry StidhamHong Kong takes the lead in blockchain logistics after Maersk TradeLens collapse
After Danish logistics company Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on the use of blockchain in global trade.Hallie GillRestructured cryptocurrency exchange Huobi returns to profitability in Q1
According to an April 10 tweet from Justin Sun, the de facto owner of cryptocurrency exchange Huobi Global, Huobi will generate $150 million in revenue, $120 million in expenses and $30 million in net income in the first quarter of 2023.Jerry McNeillBitcoin hits $30,000, highest since June 2022
Already hitting new price highs since mid-2022, the largest cryptocurrency by market cap touched $30,000 and set a new high for 2023.Sherry CantwellEuler Finance opens redemptions after hackers return funds
On April 12, Euler Finance, an ethereum-based non-custodial lending protocol, announced that it would open for redemptions after hackers returned the vast majority of assets stolen in last month’s $197 million flash loan breach.Christopher SmithWinklevoss twins infuse Gemini with $100 million in personal loans
Tyler and Cameron Winklevoss, the co-founders of U.S.-based cryptocurrency exchange Gemini, are reportedly out of pocket to fund their businesses amid the crypto market downturn.Hallie GillFTX's Bankruptcy Lawyers and Advisors Earn $32.5M in February
A round of legal fees for bankrupt cryptocurrency exchange FTX in February has been revealed, and it remains a dire figure for debtors.Sherry CantwellCompany combines blockchain and AR to develop port maintenance system
Blockchain solutions provider Jelurida has partnered with augmented reality (AR) company Aumenta Solutions to develop a port infrastructure maintenance system.Craig GreenBitfinex Securities El Salvador Receives Digital Asset Service Provider License in El Salvador
Digital asset exchange Bitfinex Securities El Salvador has been licensed as a digital asset service provider under El Salvador’s new digital asset issuance law, passed by the El Salvador National Assembly in January to promote financial innovation and growth in the Central American country.Martha GrizzardValidator service uses API for ETH staking process
Unstaking is brought about by the Shappella upgrade, a service for validators that aims to make staking easier by using an application programming interface (API).James DeanSphere 3D Files Lawsuit Against Gryphon Digital Mining After BTC Transfer
Cryptocurrency Miner Sphere 3D Files Lawsuit Against Its Partner Gryphon Digital Mining After Alleged Spoofing Attack Leads to Irregular Bitcoin Transfers, according to court documents dated April 7.Craig GreenRight time' for Hong Kong to push Web3 despite changing market
Hong Kong’s financial secretary says now is the “right time” for Hong Kong to push forward with Web3 despite volatility in the cryptocurrency market.Cornell RachelBitget Launches $100M Web3 Fund for Crypto Projects in Asia
Crypto derivatives exchange Bitget has launched a new fund focused on backing next-generation Web3 projects.Martha GrizzardPolygon Becomes Second Largest Gaming Blockchain After User Activity Surges in March
In March, Ethereum layer 2 scaling solution Polygon saw a spike in user activity, making the network the second-largest blockchain gaming network in terms of unique active wallets (UAW).Wayne Ingram
