• Unisat Wallet will soon support Runes and will launch a Runes engraving service and trading market. The testnet support for Runes is scheduled to be launched on April 16, and the mainnet is expected to be launched on April 19 when it reaches block height 840,000. This will provide users with more interaction and trading options for Runes.

  • The public consultation on the licensing system for virtual asset over-the-counter (OTC) service providers in Hong Kong has ended. Currently, the system only covers a few currencies such as Bitcoin and Ethereum, which has caused concerns in the industry. The industry suggested that the government consider exempting stablecoins such as USDT and USDC from restrictions to avoid negative impact on business development. In addition, the increased compliance costs and customer due diligence thresholds in the proposal may lead to customer loss and put financial pressure on small OTCs. The government will submit a draft to the Legislative Council after considering the opinions.

  • This week, the stablecoin protocol Ethena experienced negative revenue for the first time, totaling $1.05 million. Most of the negative revenue was generated on April 11, with negative revenue of $1.38 million on that day. This marks an unusual financial situation for Ethena in the face of market volatility.

  • Ripple is moving forward with a plan to enhance the decentralized finance (DeFi) capabilities of the XRP Ledger (XRPL) through a new on-chain lending protocol. The proposal, called 0066 XLS-66d, seeks to build a censorship-resistant DeFi ecosystem within the XRPL network. The lending protocol will allow users to contribute assets such as XRP, wBTC, and wETH to lending pools, and securely record on-chain after negotiating loan terms off-chain.

  • Due to Nigeria's money laundering allegations against Binance, investors from all parties are gradually withdrawing their funds. Uwakwe, the head of the working group of the Nigerian Blockchain User Group (BNUG), the Nigeria Cryptography Development Initiative (CDIN) and the Nigerian Association of Blockchain Technology Stakeholders (SiBAN), said that these allegations have caused investors to worry about the risks of investing in local Web3 companies, and some investors have begun to withdraw their funds. Previously, Binance executives visited Nigeria and met with the government on regulatory issues, facing allegations of money laundering.

  • According to HODL15Capital monitoring, the mysterious address "Mr.100" bought 200 BTC this morning when the price of Bitcoin was low. Previous reports showed that the wallet of "Mr.100" had been marked by Arkham Intelligence as a cold wallet belonging to the Upbit cryptocurrency exchange.

  • SAGA is leading a new narrative in the crypto market by launching a public chain with modular and GameFi features. SAGA allows developers to easily launch and scale dedicated chains for different virtual machines. The project has introduced multiple gaming and DeFi protocols and is working with major Layer1 protocols such as Polygon and Avalanche to expand its infrastructure.

I have a project that I am very optimistic about. The following article is a must-read:

  1. Understand the Xai staking ecosystem to earn XAI tokens

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  4. Game public chain Xai: Binance Square database


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