Market
Crypto
CryptoSlate wMarket Update: Bitcoin climbs above $29k amid new US banking crisis
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Regulation
US Congress can use stablecoin bill to strengthen Dollar competitiveness: Circle CEO
Circle CEO Jeremy Allaire said the Digital dollar could strengthen the U.S.'s ability to face the rising global competitive threats.
DeFi
CertiK says it highlighted ‘centralization risks’ in Merlin DEX audit
Blockchain security firm Peckshield reported that the Merlin DEX exploiter is already sending some of the stolen funds to exchanges.
Bankruptcy
SBF-linked video game to close servers by May 1
The free-to-play card game gained wide popularity after reports emerged that SBF played it during meetings and calls.
Legal
Paradigm files amicus brief in SEC’s lawsuit against Terra, Do Kwon
Paradigm seeks to prevent the SEC from using the Terra case to widen its jurisdiction over the crypto market.
Exchanges
ARK Investment buys Coinbase shares worth $8.6M
Coinbase COIN stock is down 15% over the last 30 days and was trading for $54.59 as of press time, according to Tradingview data.
Bankruptcy
Multiple Genesis Capital creditors walk away from agreement – DCG responds
Genesis Capital wants a sitting bankruptcy judge in the Southern District of New York to act as a mediator in its disputes.
Crypto
CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continues
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
NFTs
NFT traders averaging 1k ETH loss per day — blue chip NFTs floor price tanks
The floor price of several NFT collections has significantly fallen from their previous highs, according to DappRadar data.
Exchanges
Over 13K people mint Coinbase commemorative ‘stand with crypto’ NFTs
Coinbase’s “Stand With Crypto” NFTs are purely commemorative and had no intended value or utility at press time.
Legal
South Korea indicts Terra co-founder Daniel Shin
Shin had previously denied his involvement with Terra, saying he left the company long before the project collapsed.
Exchanges
Venture capital firms distance themselves from OPNX funding
Trading on OPNX is still low as it saw only $79,742 worth of transactions in the last 24 hours, according to CoinGecko data.