Digital Assets Report 68
- BlackRock participates in Circle's $400 million Funding Round
- US Treasury links $622 million Ronin exploit to North Korean hackers
- BTC price consolidates around $40k level as US inflation hits highest level since 1981
- Portuguese regulator grants first Crypto License to a Bank
- Biden nominates former Ripple advisor for US Federal Reserve role
Business
BlackRock Joins Circle’s $400 Million Funding Round
Payment technology company, Circle has become the latest firm in the financial ecosystem to raise significant funds for its expansion.
Pantera Capital Set to Close $1.3B Blockchain Fund
The crypto investment firm has plans for a follow-up blockchain fund.
Brandy Betz
Ethereum DeFi Protocol Beanstalk Hacked for $182 Million—What You Need to Know - Decrypt
Ethereum-based algorithmic stablecoin protocol Beanstalk got jacked by a giant flash attack over the Easter weekend.
Jeff Benson
US Treasury Connects North Korean Hackers to $622M Axie Infinity Exploit - Decrypt
The U.S. Treasury added the Ronin attackers’ Ethereum wallet address to its sanctions list, tying it to the Lazarus Group.
Andrew Hayward
Research Shows More Than 1 Million Australians Own Cryptocurrency – Featured Bitcoin News
A recent study by major market research firm Roy Morgan shows that more than 1 million Australians now own cryptocurrency.
Featured
Investcorp debuts eLydian Lion: A global institutional blockchain fund from Abu Dhabi
Investcorp has confirmed the launch of the world’s first global institutional blockchain fund from the populous city of the UAE, Abu Dhabi.
Parth
Luna Foundation Guard Adds to Terra Reserves With $880M LUNA ‘Gift’ - Decrypt
Terraform Labs has “gifted” the Luna Foundation Guard $800 million worth of LUNA tokens, which are being burned to mint more UST stablecoins.
Andrew Throuvalas
Gulf Energy pursues joint venture with Binance, invests in BNB
Gulf Energy Development has placed Binance at the center of its digital asset investment strategy.
Sam Bourgi
Bank of Korea opens crypto account for the first time - CryptoHubK
53 total views 2022-04-14 00:34:22 South Korea’s Shinhan Bank has become the first local financial institution to issue crypto-related accounts. The bank has issued the company’s
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Markets
Crypto Charts 62
BTC Whilst above $38′200, we should expect an acceleration higher above $41′600 ETH Whilst above $2′820, we should expect a move above $3′145, that could lead to an acceleration above $3′600 Bitcoin Last time we said: ’Again we think we are close to completing the wave iv correction and would
Matthew Clark
Market Intelligence 21
BTC falls back within its 2022 range after failing to breakout above $45k High US inflation numbers pushes the BTC-NASDAQ 30-day correlation to an all-time high Sell pressure linked to profit-taking failed to be absorbed by the BTC market Large investors accumulated BTC at this week’s price lows Wee…
Rayan Khan
Bitcoin spikes with stocks as US inflation hits highest since 1981
BTC price is spared another dip below $40,000 as U.S. inflation data buoys stocks and Bitcoin.
William Suberg
Altcoin Roundup: Analysts give their take on the impact of the Ethereum Merge delay
The wait for the long-awaited Ethereum Merge just got longer, leading analysts to discuss potential price outcomes for Ether.
Jordan Finneseth
This came up again: "but bitcoin is not 'real' like gold, why does it have value?"
— CZ 🔶 Binance (@cz_binance) April 11, 2022
If something is use by people, it has value. Many non-physical tools have value. Google, Facebook (& #bitcoin) don't have physical stuff, but people use it, so they have value. Utility value.
Regulation
Portuguese regulator grants first crypto license to a bank
The central bank of Portugal has given a license to operate a crypto exchange to a bank for the first time. It’s one of only five businesses permitted to offer digital asset services in the country.
Jesse Coghlan
Tornado Cash says it’s using Chainalysis oracles to block access from OFAC sanctioned addresses
Obfuscating one’s trail via privacy protocols is a top priority among DeFi hackers, though that’s becoming increasingly difficult to accomplish.
Zhiyuan Sun
Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator
President Joe Biden named former crypto industry adviser Michael Barr as his latest pick for a Federal Reserve post that’s arguably the most powerful financial regulator job in the U.S.
US crypto expert jailed 63 months for helping North Korea evade sanctions
At a 2019 conference in Pyongyang, the well-known hacker gave information on how the country could use cryptocurrency to dodge sanctions.
Associated Press
EU’s Crypto Activism Gets Mixed Reception at Paris Blockchain Week
New EU money laundering rules could be unworkable and destructive to the industry, some think. Others say crypto companies must learn to live with privacy-busting regulation.
Jack Schickler
Russian Banks Want to Ban Self-Custody Crypto Wallets
According to a local news media report, a major Russian banking association has proposed that lawmakers ban self-custody wallets.
Stefan Stankovic
Brazilian central bank president confirms CBDC pilot will launch in 2022
During his speech, Neto clarified that he still believes crypto is more prominent as a form of investment rather than a form of payment while adding that it could change if the adoption among the masses rises.
Prashant Jha
Opinions
"The rise and fall of crypto culture" - Andre Cronje
https://andrecronje.medium.com/the-rise-and-fall-of-crypto-culture-3d0e6fd3e0e9
Billionaire Chamath Palihapitiya Says Solana (SOL) Part of Massive Disruption of Global Payments Industry - The Daily Hodl
Billionaire investor Chamath Palihapitiya thinks Solana (SOL) will play a part in a market disruption that challenges the financial supremacy of giant payment companies.
Daily Hodl Staff