Infomercials For Bitcoin Adoption

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So many moves being made in crypto and blockchain, and including some plans ahead of the Bitcoin halving in just a few days 👀 Faraway Gaming studio made an acquisition out of Yuga Labs’ portfolio. Coinbase released an infomercial about the Bitcoin halving. Web3 startup funding continues ahead with more 9 figure investments. International regulations, including Hong Kong’s ETFs and Bank of Russia’s international settlements, are moving in a positive direction.

Plenty more exciting headlines below if you Keep on Scrolling 🖤

• The race of crypto miners leading up to Bitcoin halving (CD)

• Uniswap hiked its swap fees from .15% to .25% (TB)

• Bitcoin dominance is at a 3 year high (TB)

• PayPal removes NFT buyer and seller protections (BLOCK)

• Binance.US picks up new board member, form NY Federal compliance officer (BW)

• ‘HV-MTL’ and ‘Legends of the Mara’ have been acquired by Faraway gaming studio from Yuga Labs (@thedropnft)

• Coinbase releases commercial about the Bitcoin Halving 🔜

• A16Z allocates $600M of $7B in new funds for Games Fund, with rumors to include blockchain and web3 gaming (BW)

• Monad raises $225M for L1s (M)

• Berachain raises $100M for L1s (M)

• Puffer Finance, another Ethereum restaking protocol, scores $18M at a $200M valuation (BLOCK)

• Centrifuge scores $15M Series A co-led by ParaFi Capital and Greenfield to turn RWAs into loans (AX)

• Avalon raises $10M for web3 hybrid (VB)

• SendingNetwork, a new DePIN project, raised $7.5M from Nomad and Symbolic Capital (BLOCK)

• Ord.io, a Bitcoin Ordinals explorer, raises $2M from Bitcoin Frontier Fund and Sora Ventures (DT)

• Japanese fund Decima commits undisclosed amount to on-chain identity startup Joba Network (PRN)

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• Hong Kong approves first BTC and ETH ETFs (M)

• Bank of Russia is supporting adoption of cryptocurrency to settle international payments (NBTC)

• Germanys largest bank to offer crypto custody services this year (CD)

• New data center law in Norway could force Bitcoin and crypto miners to leave (DT)

• UK to issue new crypto legislation by July (CD)

• Fiji central bank warns against crypto use (CT)

• Senators Lummis and Gillibrand introduce new stablecoin bill (CD)

• Grand Base loses $1.7M following a private key hack (ACBZ)

• ZachXBT uncovers PrismaFi’s $11M hacker (CN)

• Actor Tom Holland has Twitter (X) account hacked from crypto scam (CMBK)

• SEAL, a crypto security alliance, launches tool to assist fighting crypto hacks in real-time (CT)

• Ethereum’s projected multi-billion dollar opportunity via Hong Kong’s ETF (CS)

• Blockchains role in trust and security for shopping (M)

• After pleading guilty to one felony count for Anti-Money Laundering broken regulations, former Binance CEO CZ has his sentencing on April 30 (CT)

• ETH validator queue hits highest level since September 2023 (TB)

• The Machines Arena is launching on Epic Games store and Android (DT)

• OKX launches Ethereum-based Layer 2 network, X Layer (CT)

• Crypto whale has lost $4.5M trying to long Ethereum, twice (DH)

• Solana releases mainnet beta upgrade to solve congestion issues (M)

• Drift, a decentralized exchange on Solana, is set to airdrop $100M worth of tokens (CD)

• Sui presents first handheld gaming device for web3 games (AB)

• Bored Ape prices are down 90% from peak (CD)

• Tether is launching a new ‘tokenization platform’ (DH)

• Daily active wallets involved with GameFi has doubled since Q1 2023 (CT)

• Adidas teams up with Stepn for NFT and merch (TB)

• Why Ripple is launching a dollar backed stablecoin (M)

• Web3 involvement in shopping (VB)

• Analysts are turning bearish near the halving (M)

• Implications and predictions for Bitcoin miners and investors post-halving (BM)

• NerdWallet’s 11 best crypto wallets for the average retail user in April 2024 (NW)

• South Korean currency Won overtakes USD for top currency trading with crypto in Q1 2024 (NBTC)

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