Author: Tony Pearce
PancakeSwap Devs to Transfer CAKE Token to Deflationary Model
Reading Time: < 1 minuteThe PancakeSwap team has proposed changing the tokenomics of the DeFi project in order to move away from its current high-inflation model of the CAKE utility token to emission-neutral or deflation “with real returns and utility.”
ExLatham M&A Co-chairman Gerstein Joins PJT Partners as Senior Adviser
Reading Time: < 1 minuteMark Gerstein,, who left Latham & Watkins in December, has joined Paul Taubman’s investment bank, PJT Partners Inc, as a senior adviser.
Bank of Israel Reveals Conditions for Launching a CBDC
Reading Time: < 1 minuteThe Central Bank of Israel has outlined the main conditions for the potential launch of a national digital currency, known as SHAKED.
Arthur Hayes: The Alt Season Will Return
Reading Time: < 1 minuteArthur Hayes, co-founder of crypto exchange BitMEX, has predicted the arrival of another “alt season.”
London Stock Exchange Will Clear BTC Derivatives
Reading Time: < 1 minuteA division of the London Stock Exchange is set to begin offering clearing services for futures and options on Bitcoin indices.
Kraken Accounts for 86.6% of Total Amount of ETH Waiting to Be Withdrawn from Staking
Reading Time: < 1 minuteThe queue for withdrawing ETH from the deposit contract has grown to 890,980 ETH ($1.78 billion).
Hong Kong Bank Intends to Add Support for Cryptocurrencies
Reading Time: < 1 minuteZA Bank, Hong Kong’s largest virtual bank, will act as an intermediary for deposits and withdrawals from cryptocurrency trading platforms.
Ren Protocol Will Transfer All Remaining Assets to FTX and Alameda Research
Reading Time: < 1 minuteRen Protocol will transfer all remaining assets to the cold wallets of the owners – FTX and Alameda Research.
Winklevoss Twins Give $100M Loan to Gemini
Reading Time: < 1 minuteTyler and Cameron Winklevoss have reportedly loaned Gemini trading platform $100 million.
Two-thirds of US Users Are Suspicious of Cryptocurrencies: Study
Reading Time: < 1 minuteMost US citizens lack confidence in the safety of digital assets due to a series of bankruptcies and regulatory uncertainty.
Indian Bank HDFC Bank Intends to Raise $6 Billion
Reading Time: < 1 minuteHDFC Bank Ltd announced on Tuesday that it is planning to raise 500 billion rupees (approx. $6 billion) in debt over the next year.
FTX’s Lawyers Bill $30M in February
Reading Time: < 1 minuteFTX’s lawyers and financial advisers have requested bills totaling over $30 million for the month of February.
Western Alliance Reduces Losses
Reading Time: < 1 minuteOn Wednesday, shares of Western Alliance Bancorp recovered from steep losses after the regional bank released a new update showing that deposit outflows had stabilized.
Number of Visitors to Decentraland Fashion Week Drops to Just 26,000
Reading Time: < 1 minuteThe number of visitors to Decentraland Fashion Week dropped to a mere 26,000 in 2023.
Thai Party Promises Crypto Giveaway If They Win Elections
Reading Time: < 1 minuteThe Pheu Thai Party of Thailand’s opposition leader Sretta Tavizin has promised to give every citizen over 16 years of age an amount of digital assets if the party wins elections in May.
Binance’s US Division Is Having Problems to Find Partners in US
Reading Time: < 1 minuteThe United States branch of Binance is facing difficulties in finding a new banking partner to act as a fiat on-ramp and off-ramp for its clients in the country.
Polygon Will Help Fight NFT Scams
Reading Time: < 1 minuteWakweli has partnered with layer-2 scaling platform Polygon to make NFT authentication possible.
MicroStrategy Buys Another 1,045 Bitcoins
Reading Time: < 1 minuteOn April 5, MicroStrategy, declared that it had purchased an additional 1,045 Bitcoin for around $29.3 million, averaging $28,016 per BTC.
Crypto Exchange Beaxy Shuts Down Due to Pressure from SEC
Reading Time: < 1 minuteBeaxy ceased operations on March 28 due to the “uncertain regulatory environment.”
Marathon Digital Mined 2,195 Bitcoin in Q1
Reading Time: < 1 minuteMarathon Digital, a Bitcoin mining company, has achieved a quarterly mining record by mining 2,195 BTC in the first quarter of 2023, which is currently worth approximately $62 million.
FTX Lawyers Raise Objections to Sam Bankman-Fried’s Request to Get Legal Fees Reimbursed
Reading Time: < 1 minuteSam Bankman-Fried’s petition to be reimbursed for his legal expenses has been met with strong opposition from lawyers.
Fetch.ai Raises $40M and Hits a $250M Valuation
Reading Time: < 1 minuteFetch.ai, a British company that develops technology for autonomous economic agents (AEAs), has recently announced a $40 million funding round.
Bankman-Fried Pleads Innocent to Bribing a Chinese Official
Reading Time: < 1 minuteSam-Bankman-Fried has reportedly plead not guilty to the new criminal charges against him.
Terraform Labs Former CEO Do Kwon Will Stand Trial in Montenegro
Reading Time: < 1 minuteDo Kwon, the co-founder and CEO of Terraform Labs (TFL), will be convicted in Montenegro before any extradition process.
Disney Shuts Down its Metaverse Division
Reading Time: < 1 minuteThe Walt Disney Company has closed its metaverse division.
Bitcoin 
Ethereum 
Tether 
BNB 
USDC 
XRP 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc