Market
Exchanges
Binance says FT is ‘dramatically mischaracterizing events’
Binance says it does not operate in China, nor does it have any technology — including servers or data — based in the Asian country.
Bankruptcy
OKX eyes Australia expansion as it returns bankrupt FTX’s $157M
OKX has continued its global expansion efforts with recent revelations that it wants to open an office in Australia.
Exchanges
SEC charges force crypto exchange Beaxy to close operations
Beaxy said the regulatory environment was too uncertain for it to continue operations despite its two-year corporation with the SEC.
Analysis
Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws near
Liquid staking platform tokens have seen their values increase following news that staked Ethereum withdrawals would be enabled on April 12.
Staking
Lido to sunset staking on Polkadot, Kusama by August
Lido developer MixBytes said Polkadot's DeFi lack of liquidity undermined the value proposition of liquid staking.
Crypto
CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
DeFi
BNB smart chain (BSC) receives user proposal for lower transaction fees
According to the proposal, BSC's high gas fees have led to a decline in network activity — pushing its utilization to around 15-20%.
NFTs
NFT Inspect makes comeback after January shutdown with acquisition by JVH Technology
NFT Inspect said its new owners boast deep roots in the NFT and Web3 space, adding that it would focus on advancing adoption of NFTs.
Analysis
XRP rises 10% against Bitcoin as USD value rises to five-month high
Blockchain analytical firm Santiment reported that XRP's social dominance is at its highest point in a year following its surge to $0.49.
Crypto
CryptoSlate wMarket Update: CFTC’s Binance lawsuit puts bears in control of market — pushes BTC below $27,000
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Technology
Cardano’s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of Ethereum
This is one of the few times that Cardano founder Charles Hoskinson has spoken positively about something related to Ethereum.
Metaverse
Disney disbands entire metaverse team – 50 staff jobs cut
Disney had made some foray into the metaverse scene in the previous year, but its plan remained sketchy more than a year later.