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Crypto Briefing - Bitcoin, Ethereum and the future of finance

  • Investors create group to take legal action against ZKasino co-founders

    Investors create group to take legal action against ZKasino co-founders

    After swapping $33 million ETH to their native token, ZKasino co-founders went dark, prompting a response from investors.

    Ecosystem

  • Venture capital firm reports 109% net growth Q1 boosted by meme coins

    Venture capital firm reports 109% net growth Q1 boosted by meme coins

    Stratos VC firm reveals a 109% net return in Q1, driven by Solana and memecoin investments, with a focus on Layer-2 Bitcoin solutions.

    Markets

  • Gasless EVM blockchain SKALE Network reaches 17 million unique users

    Gasless EVM blockchain SKALE Network reaches 17 million unique users

    SKALE Network reported $3.1B in Q1 fee savings, a surge in user activity, and strategic partnerships in 2024

    Ecosystem

  • TRON DAO at Harvard Blockchain Conference

    TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop

    TRON DAO excels as Platinum Sponsor, sparking dialogue on blockchain's future at Harvard Blockchain Conference.

  • Developers recover $200,000 in crypto from compromised wallet

    Developers recover $200,000 in crypto from compromised wallet

    A group of Brazilian developers managed to recover funds from a compromised wallet by applying MEV techniques.

    Ecosystem

  • Block develops Bitcoin mining chip

    Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining ...

    Jack Dorsey's Block has completed its Bitcoin mining chip development, aiming to decentralize mining hardware supply and improve performance.

    Bitcoin

  • Satoshi Nakamoto holding Bitcoin covenants.

    Bitcoin covenants are coming — OP_CAT gets formally introduced as BIP-420

    OP_CAT is now BIP-420, and the arrival of Bitcoin covenants could introduce smart contracts, zk-proofs, and on-chain trading.

    Bitcoin

  • Chart of Bitcoin halving expectations.

    Bitcoin investors to moderate price expectations post-halving: Glassnode

    Glassnode advises Bitcoin investors to moderate their expectations for the upcoming halving, citing historical data and diminishing returns.

    Bitcoin

  • Crypto.com postpones its South Korea expansion plans.

    Crypto .com postpones expansion plans for South Korea, talks with regulators

    The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators.

    News

  • Zircuit Staking Soars Past $2B TVL In Only 2 Months

    Zircuit Staking Soars Past $2B TVL In Only 2 Months

    George Town, Grand Cayman, April 23rd, 2024, Chainwire Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months.  As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a

    Press Release

  • GuildFi rebrands to Zentry with a 1-for-10 token split

    GuildFi rebrands to Zentry with a 1-for-10 token split

    Zentry, previously GuildFi, launches a Superlayer to unify gamers in a Play Economy, bridging Web2 and Web3 with a $100M+ treasury.

    Gaming

  • An illustration depicts a handshake representing a settlement agreement between Ripple and the SEC, with money bags in the background symbolizing the disputed fines over XRP sales

    Ripple proposes $10M settlement to SEC’s $2B fine

    Ripple has proposed a $10 million settlement to the SEC instead of paying a $2 billion fine demanded by the regulator over XRP token sales.

    Regulation

  • Millions of dollars in crypto assets lie unclaimed in DeFi bridge contracts: Arkham Intelligence

    Millions of dollars in crypto assets lie unclaimed in DeFi bridge contracts: Arkham Intelligence

    Arkham Intelligence reveals millions of dollars in unclaimed digital assets in bridge contracts owned by whales and large firms.

    News

  • De.Fi Presented its Accelerator & Announced the First Raise on April 29th

    De.Fi Presented its Accelerator & Announced the First Raise on April 29th

    Dubai, United Arab Emirates, April 22nd, 2024, Chainwire â—¾ The Web3 sector is experiencing significant growth, with promising startups emerging at a rapid pace.

    Press Release

  • Philippine SEC requests removal of Binance from Apple and Google.

    Philippine SEC orders removal of Binance from Google and Apple app stores

    The Philippines' securities regulator has ordered Apple and Google to remove Binance from their app stores.

    Regulation

  • Venezuela turns to crypto for oil trades

    Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters

    Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report.

    Markets

  • Potential rejection of Ethereum spot ETFs is not a major setback, says expert

    Potential rejection of Ethereum spot ETFs is not a major setback, says expert

    HashKey Capital's Head of Research provides insights into Ethereum ETFs, indicating market resilience even if the SEC denies approval.

    Ethereum

  • Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows

    Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows

    Users expected a 'mempool sniping' frenzy, prompting Bitcoin transactions with high fees to guarantee Runes minting.

    Bitcoin

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