Ronin Bridge Hack BlockchaindotCom dollarfourteenB Valuation Solana NFTs On Open Sea And More
Categories: Crypto News UK
Bitcoin
Kraken exchange users have reported that functionalities for Bitcoin Lightning Network are already available on the platform, despite the crypto exchange targeting the launch for said functionalities at an earlier date. Anticipation is rising for Apple CEO to announce BTC payments at the upcoming Bitcoin Conference in Miami scheduled for 6 to 9 April.
Michael Saylor’s MicroStrategy announces that one of its subsidiaries has taken out a loan of $205 million to buy more BTC. Grayscale is currently strategizing on launching an ETF for Bitcoin, and reports indicate that it is willing to challenge the SEC should its application for a spot ETF become denied.
DeFi
DeFi protocol Ola Finance suffered a re-entrancy attack that saw some $3.6 million worth of crypto drained from its protocol. Wave Financial announced the launch of a new fund designed to boost liquidity options for newly created DeFi platforms built on the Cardano ecosystem.
Technology
Banking giant Citi has signaled that it is quite bullish around the metaverse, predicting that it could grow to anywhere between $8 trillion and $13 trillion by 2030.LayerZero Labs closed a $135 million Series B investment round led by Andreessen Horowitz, FTX Ventures, and Sequoia Capital. The state government of Maharashtra recently announced that it has joined hands with Polygon to issue verifiable caste certificates on its blockchain platform Legit Doc. Crypto wallet firm MetaMask updated its iOS app, enabling iPhone users to buy crypto with Apple Pay.
Binance
Binance became the first-ever official crypto exchange partner of the Grammy Awards for music. After raising an undisclosed amount in funding from several global VC firms, Blockchain. com’s valuation soars to a staggering $14 billion. The NFL announced that Detroit would host the 2024 draft and revealed that teams would be able to seek out blockchain partnerships with platforms such as Coinbase and FTX.A local newspaper reported that Coinbase Global is in talks to acquire 2TM, the parent company of Brazil’s largest crypto exchange - Mercado Bitcoin.
Regulation
A senior Bank of Japan official commented on the need for a common framework to regulate cryptocurrencies before they “upend” the global settlement system. According to sources, the Indian government is waiting to devise any set cryptocurrency law till a global consensus emerges on regulating such assets. The UK's finance ministry will release new regulations for cryptocurrencies and blockchain tech across its jurisdiction. The Austin City Council has passed two resolutions related to crypto assets and blockchain
NFT
Samsung announced that it is launching the world’s first-ever Smart TV NFT Platform in partnership with Nifty Gateway, the NFT marketplace owned by Gemini. OpenSea teases support for Solana by hinting that Solana NFTs could be coming to the OpenSea NFT marketplace. Payments technology firm Visa launched its Creator Program to support select small business owners and educate them on NFTs. Ukraine's Ministry of Digital Transformation launched the Meta History Museum of War alongside an NFT collection titled "Warline."