Mango Markets attacker Avi Eisenberg convicted of fraud and manipulation
According to CoinDesk, a Manhattan jury in New York found Mango Markets attacker Avi Eisenberg guilty of fraud and market manipulation. He stole $110 million from Mango Markets in October 2022. New York District Court Judge Arun Subramanian will sentence him on July 29. Eisenberg was arrested in Puerto Rico in December 2022 and charged with commodity fraud, commodity manipulation and wire fraud. If all three charges are convicted, he faces up to 20 years in prison.
Tether CEO: The Big Four accounting firms are afraid to work with Tether, but ensuring one of them serves as an auditor is a “top priority”
According to DL News, Tether CEO Paolo Ardoino said in an interview that the Big Four accounting firms (Deloitte, PwC, EY and KPMG) dare not work with Tether because they are worried that it will damage their reputation. But he said that ensuring that one of the Big Four accounting firms serves as Tether's auditor is a "top priority."
Chia Network's IPO plan has made progress and has submitted a revised S-1 form to the US SEC
According to CoinDesk, Gene Hoffman, CEO of crypto storage blockchain project and smart trading platform Chia Network, said on Thursday that the company has made progress in its IPO. He said that after the U.S. Securities and Exchange Commission (SEC) sent a comment letter to the company, Chia had secretly submitted a revised S-1 form to the SEC at the end of March. However, as the company hopes to wait for the right market conditions, there is still no definite timetable for the IPO.
Kraken Acquires Crypto Brokerage TradeStation Crypto
According to The Block, the crypto exchange Kraken has acquired the cryptocurrency division of online brokerage TradeStation. A Kraken representative said the acquisition is part of the exchange's expansion of its services in the United States. It is reported that Kraken is implementing a broader global expansion strategy. Earlier this year, the exchange obtained licenses in several major European markets such as Spain and Ireland. According to the database of the U.S. Financial Crimes Enforcement Center (FinCen), TradeStation Crypto holds money transmission licenses in 47 states, Washington, D.C., and Puerto Rico.
Aptos Labs Partners with Microsoft, Brevan Howard and SK Telecom to Build Institutional Platform Aptos Ascend
According to The Block, Aptos Labs has established a new partnership with Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group to develop Aptos Ascend. The institutional platform aims to expand decentralized finance to institutional capital through the Aptos network and increase tokenized asset liquidity globally.
Aptos Ascend is a digital asset management platform for financial institutions. The product will use Microsoft Azure (a cloud computing platform) and Azure OpenAI services (large language models that support generative artificial intelligence applications). Aptos Ascend will also use Brevan Howard's market investment expertise to guide financial institutions in providing digital currency and asset management services to customers, as well as SK Telecom's Web3 technology, such as wallet-as-a-service capabilities.
Arbitrum's new proposal proposes changes to its scaling plan to allow new Orbit chains to be deployed on any blockchain
The Arbitrum community released a temperature check proposal for "changing the Arbitrum expansion plan to allow new Orbit chains to be deployed on any blockchain". The proposal states that one limitation of the Arbitrum expansion plan is that new Orbit chains must be deployed on any chain that obtains security from Ethereum, but in the past few weeks, the Arbitrum Foundation has received requests from Bitcoin, BNB Chain, and Cosmos ecological projects that want to deploy their own Orbit chains on other networks. Therefore, the Arbitrum Foundation asked the Arbitrum DAO to decide whether the Arbitrum expansion plan should be further expanded and allow new Orbit chains to be deployed on blockchains other than Ethereum (and its derivatives). After community discussion, the proposal will be temperature checked on Snapshot.
Qtum Foundation to use 10,000 Nvidia GPUs to power its AI Web3 initiatives
According to Venturebeat, the Qtum Foundation will put 10,000 GPUs online to support its new blockchain artificial intelligence ecosystem. Miguel Palencia, Qtum COO and co-founder, said in an interview that the project has some Nvidia 3000 series GPUs and will transform from a cryptocurrency mining operator to an AI chatbot and image operator.
Coinbase International Exchange to Launch Dogwifhat Perpetual Futures
Coinbase International Exchange announced that it will add support for Dogwifhat perpetual futures on Coinbase International Exchange and Coinbase Advanced. WIF-PERP will start at or after 17:30 on April 25, 2024, Beijing time.
Avail announces airdrop plan to distribute 600 million tokens to 354,605 wallet addresses
Modular blockchain Avail announced a token airdrop plan on its official blog, distributing 600 million tokens to 354,605 wallet addresses. The airdrop targets include blockchain ecosystem developers, testnet contributors, rollup users (Polygon, zkSync, Starknet, Optimism, and Arbitrum), Polygon PoS stakers, or Avail community members who have made significant contributions to the ecosystem. Eligible participants can start verifying token claims before May 4, and the tokens will be distributed when Avail DA is launched.
Privacy-first mobile operator Cape raises $61 million, led by A-Star and a16z
Cape, a privacy-first mobile operator, has raised $61 million in funding, led by A-Star and a16z, with participation from XYZ Ventures, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures. Cape is committed to minimizing data collection, providing high-quality wireless coverage, and promising not to monetize user data. This round of funds will be used to build a mobile network covering the entire United States, ensuring that users' names, social security numbers, and location information are not disclosed.
According to TechCrunch, the $61 million round is a combination of its seed round, $21 million in Series A (when it was in stealth mode as Private Tech), and $40 million in Series B. Cape did not disclose its valuation.
Thruster, a decentralized trading protocol based on Blast, completes $7.5 million seed round led by Pantera Capital
According to The Block, Thruster, a decentralized trading protocol based on Blast, has completed a $7.5 million seed round of financing, led by Pantera Capital, with participation from OKX Ventures, Mirana Ventures, ParaFi Capital, Manifold Ventures and Arche Fund (formerly Coin98 Ventures), and angel investors including Santiago Santos, Frax founder Sam Kazemian, Pendle founder TN Lee, Stacked founder Alex Lin, Renzo founder Kratik Lodha and Axelar founder Georgios Vlachos. The financing structure is a simple agreement for future equity (SAFE) and token warrants, bringing Thruster's valuation to $70 million.
A whale address continues to withdraw 9,337.8 ETH from Binance, equivalent to approximately $28.61 million
On-chain analyst Ember tweeted that 9 hours ago, the whale that had been withdrawing ETH and stablecoins from Binance continued to withdraw 9,337.8 ETH from Binance, equivalent to about 28.61 million US dollars, at a withdrawal price of about 3,064 US dollars per ETH. Since April 1, the whale has withdrawn a total of 100,120 ETH (about 304 million US dollars) and 265.8 million US dollars in stablecoins from Binance, and the whale purchased 17,068 ETH by using 49.43 million US dollars. Currently, the whale holds a total of 117,268 ETH (worth about 358 million US dollars) and 217 million US dollars in stablecoins.
Data: On April 18, BlackRock's IBIT trading volume was $1.27 billion, Grayscale's GBTC was $556 million
According to HODL15Capital monitoring, the trading volume data of Bitcoin spot ETFs on April 18 are as follows: BlackRock IBIT US$1.27 billion, Grayscale GBTC US$556 million, Fidelity FBTC US$449 million, ProShares BITO US$257 million, ARKB US$148 million, and BITB US$70.42 million.
Data: Grayscale GBTC net outflow of $90 million on April 18
According to HODL15Capital monitoring, on April 18, Bitwise BITB had a net inflow of US$13 million, ARKB had a net inflow of US$10 million, and Grayscale GBTC had a net outflow of US$90 million.
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