Crypto News Weekly Recap 📰
2nd April – 9th April
▫️ Crypto investment products witness record year-to-date inflows of $13.8 billion.
▫️ Average crypto portfolio increases by $2,804 in 2024, according to CoinLedger.
▫️ Bitcoin's next halving approaches, just two weeks away.
▫️ US vs Roman Storm: amicus briefs from Blockchain Association, Coin Center & DeFi Education Fund.
▫️ SEC Commissioner Peirce emphasizes improving communication between public & SEC.
▫️ Bank of England & FCA consult on digital securities sandbox, seeking feedback by May 29.
▫️ South Korea to tighten crypto exchange listings with upcoming guidelines.
▫️ Sony Bank to conduct stablecoin trial on Polygon.
▫️ US PayPal customers to use stablecoin for international payments.
▫️ HashKey launches global crypto exchange after obtaining Bermuda license.
▫️ Geth DoS vulnerability disclosed, fixed in v1.13.13.
▫️ Google sues developers for placing 87 fraudulent crypto apps on Google Play store.
▫️ Project Agorá: BIS & 7 central banks explore tokenization of cross-border payments.
▫️ Vitalik outlines next steps in the Purge, precompiles, history (via EIP4444), log reform & moving to SSZ.
▫️ Uniswap achieves $2 trillion in trading volume for the first time.
▫️ MakerDAO proposes allocating $600M of DAI to USDe and sUSDe.
▫️ SushiSwap governance proposal suggests shifting DAO treasury assets to new Sushi Labs vault.
▫️ Frax tokens to be natively issued on Noble, expanding into Cosmos ecosystem.
▫️ Ethena Labs adds Bitcoin as USDe backing asset.
▫️ Celestia brings Blobstream solution to Arbitrum Orbit chains.
▫️ Synthetix v3 goes live on Base, using USDC as collateral.
▫️ Gitcoin Grants 20 applications open until April 16.
▫️ Ethena's 'synthetic dollar' surpasses $2 billion supply within two months of public launch.
▫️ Agora, a stablecoin issuer, raises $12M in seed funding.
▫️ Raiinmaker, a web3 AI firm, secures $7.5M in seed funding.