Markets
Bitfinex 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 IngramSushiSwap Approval Vulnerability Leads to $3.3M Exploit
A smart contract bug in decentralized finance (DeFi) protocol SushiSwap led to losses of more than $3 million in the early hours of April 9,Hallie GillNFT unlocks physically biodegradable vinyl records
While the hype surrounding non-fungible tokens (NFTs) has cooled, innovative use cases for digital assets continue to emerge especially in the music industry, which has been fertile ground for emerging Web3 tool use cases in recent years.Craig GreenOpenSea collector fat fingers bid 100 ETH for a free NFT
A non-fungible token (NFT) trader appears to be bidding on a free NFT, buying it for 100 ether, currently worth $191,239, rather than nothing.Christopher Smith25% of NFT owners have 51 or more collections
Findings published by crypto data site CoinGecko show that the majority of non-fungible token (NFT) holders own 51 or more NFTs.Martha GrizzardDavid Bowie's unreleased record debuts as music NFT
A previously unreleased version of David Bowie's "Let's Dance" has surfaced as part of a limited-edition series of non-fungible tokens (NFTs).Wayne IngramWashington State DFI Warns Eucoinotrade of Potential Engagement in 'Advance Fee Fraud'
The Washington State Department of Financial Institutions (DFI) issued a consumer protection alert targeting an “alleged cryptocurrency exchange” named Eucoinotrade.Jerry McNeillMultiple U.S. state regulators say AI trading DApp is a Ponzi scheme
Securities regulators from Montana, Texas, and Alabama have jointly filed an enforcement action against cryptocurrency trading platform YieldTrust.ai, accusing it of “performing a Ponzi scheme.Wayne IngramMt. Gox Repayment Registration Closed
The saga of the Mt. Gox cryptocurrency exchange and its creditor repayments continues as the company released a new statement about what will happen after its registration window closes.Wayne IngramJane Street, Tower Research, and Radix are Binance's 'VIP' clients in CFTC lawsuit
Trading firms Jane Street Group, Tower Research Capital, and Radix Trading have reportedly been identified as three of Binance’s “VIP” clients, which the U.S. commodity watchdog cited anonymously in a recent lawsuit against Binance.Christopher SmithNon-US FTX usernames requested by mainstream media
Some mainstream media outlets objected to attempts to conceal the identities of non-U.S. clients of cryptocurrency exchange FTX in its bankruptcy proceedings.Cornell RachelOpenAI faces Canadian privacy probe alleging personal information collection
OpenAI, creator of the artificial intelligence chatbot ChatGPT, is under investigation by Canada's privacy commissioner for collecting and using personal information without consent.Martha GrizzardPantera Capital Leads $22.5M Decentralized Infrastructure Investment in M^ZERO Labs
Berlin-based M^ZERO Labs, a company seeking to build neutral infrastructure to connect assets in the global financial system to decentralized applications, has raised $22.5 millionHallie GillMeta offers big money to developers to build out its Metaverse
Tech giant Meta the parent company of Facebook, Instagram, and WhatsApp messaging services has been eyeing an expansion into the Metaverse for some time. However, it got off to a rocky start, losing billions of dollars.Craig GreenAllbridge first to start paying stuck bridge users back after recovering funds
Users whose funds are stranded on the multi-chain token bridge provided by Allbridge will first be compensated according to the recovery plan released by the project after the latest exploit.Craig Green
