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Updated April 22, 2024

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According to Foresight News, Moonbirds has announced that it is in the process of creating the 'Moonbirds Universe'. As part of this development, Moonbirds will join Mythics, bringing with it commercial copyrights. The company also plans to introduce new artistic directions and 3D images, specifically designed for animation, Otherside, and other fields. The direction of these new developments will be led by Colin Hesterly.

According to Foresight News, recent data from Blur indicates a significant increase in the floor price of Moonbirds. The floor price has risen to 0.742 ETH, marking a daily increase of 27.49%. Furthermore, the seven-day increase has reached an impressive 48.7%. This surge in Moonbirds' floor price showcases the growing interest and investment in this particular digital asset.

According to Foresight News, Ultiverse's AI gaming platform has surpassed 10,000 ETH in deposits from the sale of its 'Golden Chip' NFTs, currently standing at 10,870 ETH, equivalent to approximately $35 million. The NFT series went on sale yesterday at 20:00 and will continue for 48 hours. Users can participate in the lottery by depositing a minimum of 0.25 ETH.

The lottery draw will take place 24 hours after the sale ends, and the results will be announced. If a user wins, they will receive the pre-scheduled NFT from the sale. If a user does not win, they can get a refund after the draw. This significant achievement demonstrates the growing popularity and acceptance of NFTs in the gaming industry.

According to Foresight News, the DePIN project Meson Network has announced the conclusion of the Sepolia testnet snapshot. The entire testnet to mainnet mapping plan is scheduled to be carried out at 14:00 on May 7, 2024. This marks a significant step in the project's development, as the transition from testnet to mainnet is a crucial phase in any blockchain project. The mapping plan will allow for the transfer of data and transactions from the testnet to the mainnet, ensuring a smooth transition for users and developers alike. Further details about the mapping plan and its implications for the Meson Network are yet to be released.

According to BlockBeats, on April 30, ZKasino transferred a significant amount of Ethereum (ETH) that had been deposited by users. The online casino had initially deposited 10,515 ETH into Lido on April 21. However, these funds were dispersed to three newly created addresses eight hours prior to the report.

The first address, 0x4c3, received 3,011 wstETH, equivalent to 3,509 ETH. The second address, 0x42d, was the recipient of 3,010 wstETH, or 3,507 ETH. The third address, 0x0ab, also received 3,010 wstETH, which is also equivalent to 3,507 ETH.

The reason for this significant transfer of funds is not clear. It is also unknown whether these transactions were made for security reasons, for operational needs, or for other purposes. The transfer of such a large amount of ETH to new addresses is a notable event in the cryptocurrency world, and further updates will be provided as more information becomes available.

According to Foresight News, Scopescan's monitoring reveals that Sun Yuchen's address is eligible to collect a total of 3,559,570 Eigen, making it the top-ranked address. The second-ranked address can collect 2,426,294 Eigen. The third-ranked address, which is the Mantle vault address, can collect 1,346,851 Eigen. The fourth-ranked address is eligible to collect 553,106 Eigen.

According to Foresight News, there has been a warning issued by the founder of SlowMist, Yu Xuan, about the continuous evolution of coin-stealing trojans. The trojan account SpectraLab and its associated website have been identified as multi-end trojans. Users, particularly those using Mac computers, are advised to be cautious if they have ever downloaded or used this website and its products. The alert is aimed at raising awareness about the potential risks and urging users to take necessary precautions to protect their digital assets.

Spot Bitcoin and Ethereum ETFs, recently listed on the Hong Kong Stock Exchange, have seen an impressive start. Particularly, Bitcoin ETFs from ChinaAMC (Hua Xia - 03042.HK), Harvest (03439.HK), and Bosera (Boshi - 03008.HK) registered a rise of more than 3% in early trading. 

Bitcoin and Ethereum Spot ETFs by ChinaAMC, Bosera, and Harvest Now Tradeable on Hong Kong Stock Exchange

The Hong Kong Stock Exchange (HKSE) has officially launched Bitcoin and Ethereum spot Exchange-Traded Fund (ETF) trading for top asset management firms ChinaAMC (Hua Xia), Bosera, and Harvest. The now tradeable ETFs on the HKSE encompass:

1. Bosera HashKey Bitcoin ETF (3008.HK)
2. Bosera HashKey Ethereum ETF (3009.HK)
3. Hua Xia Bitcoin ETF (3042.HK)
4. Hua Xia Ethereum ETF (3046.HK)
5. Harvest Bitcoin Spot ETF (3439.HK)
6. Harvest Ethereum Spot ETF (3179.HK)

 

According to Foresight News, data tracking platform MistTrack has reported that ZKasino, the Hyperchain infrastructure layer used for on-chain games, has begun transferring a portion of its Rug Pull funds. The funds, amounting to approximately 3010 Ethereum (ETH) each, are being moved to three different addresses.

The transfer of these funds marks a significant development for ZKasino. The platform's decision to move the Rug Pull funds could potentially have implications for its users and the broader on-chain gaming community.

Further details about the transfer, including the specific addresses involved and the reasons behind the move, were not provided in the report. The situation is expected to be closely monitored by MistTrack and other interested parties in the coming days.

According to the Daily Hodl: KPMG Finds Rising Crypto Adoption Among Institutional Investors due to US Debt Concerns

Big Four accounting firm KPMG has highlighted the growing interest among investors in cryptocurrencies as a countermeasure against fiat currencies' debasement by central banks, amidst soaring national debt in the US.

In a recent report, KPMG focused on the Canadian market and found that by 2023, 50% of financial service providers partaking in their poll offered crypto asset services, a notable increase from 41% in 2021.

Further, the study uncovered that 39% of Canadian institutional investors had crypto exposure in 2023, a rise from 31% in 2021.

Kareem Sadek, the Emerging Technology Risk leader and co-leader of KPMG’s Digital Assets practice, attributed the growing comfortability of Canadian institutional investors with cryptocurrencies to two major factors.

“Firstly, Canada's leadership in developing a regulatory environment that fosters crypto asset innovation, like approving the first Bitcoin and Ethereum exchange-traded funds and permitting sophisticated strategies involving derivatives and Ethereum staking," remarked Sadek. "Secondly, the upswing in crypto asset prices, attracting institutional investors to the crypto sector."

Kunal Bhasin, partner and co-leader of KPMG in Canada’s Digital Assets practice, added that incarnate institutions were turning to crypto assets as a potential foil against the devaluation of national currencies.

He emphasized, “the escalating US debt coupled with inflating inflation was likely a trigger for the 2023 crypto rally. It seems investors are in search of alternative asset classes that serve as a hedge against debasement and a reliable store of value. Our survey responses suggest that crypto assets are increasingly viewed as a viable alternative asset class by institutional investors and financial service organizations in Canada."

According to Foresight News, OpenAI has announced the rollout of its Memory feature to all ChatGPT Plus users. This new feature can be activated by simply initiating a new chat window and instructing ChatGPT on what it should remember. Users have the option to turn the Memory feature on or off in the settings.

However, this feature is not yet available in the European and Korean markets. OpenAI plans to extend this feature to teams, businesses, and GPTs users in the future. The company has not provided a specific timeline for when this expansion will occur.

On Apr 30, 2024, 00:48 AM (UTC). According to Binance Market Data, BNB has crossed the 600 USDT benchmark and is now trading at 600 USDT, with a 0.20% decrease in 24 hours.

According to Foresight News, Aevo has launched the pre-market trading of EigenLayer token, EIGEN. At the time of reporting, the token was priced at 10.27 USD.

According to PANews, Terraform Labs' proxy lawyer has submitted a motion opposing the U.S. Securities and Exchange Commission's (SEC) demand for a $5.3 billion recovery and civil penalty against Terraform Labs and its co-founder Do Kwon. In a document submitted to the U.S. District Court for the Southern District of New York on April 26, Terraform's legal team suggested a maximum civil penalty of $1 million. Terraform argued that the court 'should not grant any injunctive relief or recoupment' as the funds would actually have to be obtained from the Luna Foundation Guard (LFG), which is a 'non-party' in the civil case. Terraform also stated that a $1 million civil penalty is 'much more appropriate' than the SEC's billions of dollars in fines.

On April 5, a New York jury ruled that Terraform and Do Kwon were suspected of deceiving investors in the sale statements of TerraUSD (UST), Luna, and wLUNA. The SEC subsequently filed a motion demanding the recovery of $5.3 billion in illegal proceeds and civil penalties. In addition, the SEC also proposed to ban Do Kwon from serving as an executive or director of a securities issuing company and provide detailed information about his accounts and assets.

According to Foresight News, AltLayer, a Rollup platform, has integrated Polyhedra's zkBridge technology. This integration has enabled trustless and secure interoperability across multiple blockchain networks such as Ethereum, Arbitrum, and BNB Chain. As a result, AltLayer's Rollups can now connect to over 30 different blockchain networks, providing developers with tools to build a variety of decentralized applications and ensuring a smooth user experience.

In addition to this, AltLayer will participate as one of the nodes in Polyhedra's Bitcoin bridge dual pledge AVS system. This move aims to enhance the security of Bitcoin network transactions using the EigenLayer mechanism.

According to PANews, Moonbirds has announced a significant shift in its approach to NFT commercialization, two months after being acquired by Yuga Labs. The change involves Moonbirds enforcing the rights of the holders when it comes to the commercialization of NFT artworks. This means that users who wish to commercialize their NFT assets must first own them.

Moonbirds stated that from now on, it will become a series of NFTs with commercial rights. In 2022, Moonbirds adopted the Creative Commons Zero (CC0) copyright code, allowing the works to be freely commercialized without the owner's consent. This move marks a significant shift in the NFT market, as it emphasizes the importance of ownership rights in the commercialization process.

The decision by Moonbirds to enforce the rights of the holders is expected to have a significant impact on the NFT market. It underscores the importance of ownership in the commercialization of NFT assets and could potentially influence other NFT creators to follow suit. The adoption of the CC0 copyright code by Moonbirds further allows for the free commercialization of their works, providing more opportunities for NFT owners.

According to PANews, the trading volume data for Bitcoin spot ETFs on April 29th has been released by HODL15Capital. The data shows that BlackRock's IBIT had a trading volume of $758 million, Grayscale's GBTC had a trading volume of $252 million, Fidelity's FBTC had a trading volume of $215 million, ProShares' BITO had a trading volume of $157 million, ARKB had a trading volume of $77.68 million, and BITB had a trading volume of $41.69 million.

This data provides a snapshot of the activity in the Bitcoin spot ETF market on that particular day. It is important to note that these figures can fluctuate significantly from day to day, depending on a variety of factors including market conditions and investor sentiment.

The Bitcoin spot ETF market is a relatively new and rapidly evolving sector of the cryptocurrency industry. These ETFs provide a way for investors to gain exposure to Bitcoin without having to buy and hold the cryptocurrency directly. They are traded on traditional stock exchanges, making them accessible to a wide range of investors.

io.net CEO Tackles IO Cloud Bugs, Announces Plan for Issue Resolution

Ahmad Shadid, founder and CEO of DePIN protocol offshoot in the Solana ecosystem, io.net, recently addressed the concerns of users who reported significant bugs and technical difficulties with the current version of IO Cloud. Shadid reassured users that the team is working vigorously to resolve these issues.

In light of the recent complications, Shadid took to the X platform to outline a refreshed roadmap for the upcoming weeks:
1. The team has set up a transparent process for verifying the presence of all devices in the network and plans to share these logs publicly this week.
2. Starting this weekend, a public question list will be maintained on the official website with a form for users to submit new inquiries. Reporting new bugs will result in a bounty, and a full bug bounty program is slated to transition in a few weeks.
3. The token release has been delayed until all vulnerabilities are addressed. The team is currently working on reconnecting with the network and estimates this will take roughly two weeks. The primary focus is ensuring the core platform's stability and functionality before launching the token.
4. Efforts will be made to calculate and display supplier rewards received in March and April, with May rewards subsequently updated in real-time in IO Worker.
5. The team is continually working to improve their metrics report in the browser for better user understanding and transparency.

Shadid emphasized that this approach prioritizes the interests of suppliers, users, and the community at large while promising to make the platform more robust and reliable.