Author: Chris Smith
DeFi Protocol MarginFi Suffers $190M Outflows
Reading Time: < 1 minuteIn the past two days, roughly $200 million in user funds have been withdrawn from MarginFi, a lending protocol on the Solana blockchain.
Grayscale’s Bitcoin ETF Outflows Reach a Record Low
Reading Time: < 1 minuteGBTC, the Grayscale Bitcoin Trust, has experienced a significant decrease in outflows, dropping by 90% in comparison to the previous day.
Paraguay Halts Bitcoin Mining Prohibition
Reading Time: < 1 minuteParaguayan officials are grappling with the issue of whether to impose a ban on cryptocurrency mining in the country, with some senators proposing alternative solutions.
VanEck Believes SEC Will Not Approve Spot Ethereum ETFs
Reading Time: < 1 minuteFirms hoping for the Securities and Exchange Commission’s approval on a spot Bitcoin exchange-traded fund are worried about the likelihood of getting the go-ahead for an Ether product.
Worldcoin Allows Users to Delete Biometric Data
Reading Time: < 1 minuteSam Altman’s Worldcoin project has recently introduced new features to enhance the security of users’ personal data.
Crypto Funds See Influx Since Beginning of the Year
Reading Time: < 1 minuteFrom March 30 to April 5, there was a total inflow of $646 million into cryptocurrency investment products, with a record total of $13.8 billion invested since the beginning of the year.
JPMorgan Believes SEC Will Approve Spot Ethereum ETFs
Reading Time: < 1 minuteAccording to JPMorgan analyst Nikolaos Panigirtzoglou, the US Securities and Exchange Commission (SEC) is expected to approve spot exchange-traded funds (ETFs) based on the second largest cryptocurrency by capitalization.
Genesis Buys $2.1B in Bitcoin
Reading Time: < 1 minuteGenesis reportedly sold about 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire more Bitcoin as part of its plan to settle its debts with creditors.
Ethena Labs Backs USDe with Bitcoin
Reading Time: < 1 minuteEthena Labs has announced that it has added Bitcoin as a backing asset for its USDe synthetic dollar. This decision was fueled by a surge in popularity of the world’s oldest digital asset among traders.
Canada’s Central Bank: Businesses Will Not Switch to CBDCs
Reading Time: < 1 minuteThe Bank of Canada is prepared to introduce its own digital currency if needed, but they believe that currently, most people in the country are not interested in adopting this new form of currency.
SEC Calls for Public Comments on Three Proposed Ethereum ETFs
Reading Time: < 1 minuteThe SEC is seeking input from the general public regarding proposed rule changes that would permit the listing and trading of shares from three spot Ether exchange-traded funds, or ETFs, on exchanges.
Daily Net Outflow of Ark Invest’s Spot Bitcoin ETF Hits $87M
Reading Time: < 1 minuteAccording to data from SoSoValue, the ARKB fund from Ark Invest 21Shares saw outflows of $87.5 million on Tuesday, the highest since its debut.
Staking Rewards Exceed S&P 500 Dividends
Reading Time: < 1 minuteThe current average staking reward for cryptocurrencies is 450% higher than the average dividend payout for investors in the S&P 500, even though both markets have seen strong growth.
Galaxy Digital’s Net Profit Reached $296M Last Year
Reading Time: < 1 minuteIn 2023, crypto company Galaxy Digital saw a significant increase in net profit, reaching $296 million.
Tether Passes Independent Security Audit
Reading Time: < 1 minuteTether, the creator of the USDT stablecoin, has announced the successful completion of its System and Organization Controls 2 (SOC 2) Type I audit.
Birtish Court Orders Freezing of $8M of Assets Belonging to Craig Wright
Reading Time: < 1 minuteA UK court has authorized the freezing of £6.7 million ($8.4 million) of Craig Wright’s assets to prevent him from avoiding court expenses.
Robert Kiyosaki Makes New Forecast for Bitcoin Price
Reading Time: < 1 minuteKiyosaki has announced that he now predicts that the price of BTC will reach $100,000 by September 2024.
Bitwise Files Application to Launch a Spot Ethereum ETF
Reading Time: < 1 minuteBitwise has submitted a request to issue an exchange-traded fund for spot Ether, at a time when uncertainties remain about whether the Securities and Exchange Commission will give the go-ahead for such products.
Court Sentences Tornado Cash Developer to 64 Months in Prison
Reading Time: < 1 minuteDutch prosecutors are seeking a 64-month prison term for Tornado Cash developer Alexey Pertsev.
BlackRock CEO Was Surprised By Bitcoin ETFs Hype
Reading Time: < 1 minuteIn an interview with Fox Business, BlackRock CEO Larry Fink expressed his pleasant surprise at the growing interest among retail investors in the company’s Bitcoin ETF.
Hashdex’s Spot Bitcoin ETF Begins Trading
Reading Time: < 1 minuteTidal Investments and Hashdex Asset Management announced on Tuesday that their spot Bitcoin exchange-traded fund (ETF) will begin trading in the US after rebranding from the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI).
Investors Withdraw $942M from Crypto Funds
Reading Time: < 1 minuteAccording to CoinShares’ latest review, there was a significant decrease in cryptocurrency investment products from March 16 to 22, with a total outflow of $942 million.
Grayscale Believes Ethereum ETFs Will Be Approved
Reading Time: < 1 minuteGrayscale remains confident that spot Ether (ETH) exchange-traded funds will be approved in May.
Polygon zkEVM Blockchain Resumes its Operations
Reading Time: < 1 minutePolygon zkEVM, an Ethereum Layer 2 network launched a year ago this week, experienced a network outage that lasted for over ten hours.
Goldman Sachs Hedge Fund Clients Are Turning to Crypto
Reading Time: < 1 minuteAccording to reports, Goldman Sachs’ clients have begun re-entering the crypto market this year, motivated by the SEC’s approval of spot Bitcoin exchange-traded funds.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Zcash 
Figure Heloc