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Updated April 22, 2024

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According to Foresight News, Inspect, a Web3 social data protocol, has announced the launch of its beta version of Twitter NFT search. This new feature allows users to select the blockchain where the NFT is located and track specific NFT content appearing on Twitter, either in personal profiles or tweets.

According to PANews, Mocaverse, a Web3 project under Animoca Brands, has announced the launch of its community sale on the X platform. The sale began on April 25 at 8 a.m. and will run until May 2 at 8 a.m. The results of the sale will be announced on May 7.

A total of 126,984,127 MOCA tokens are available for sale at a price of $0.03938 each. The minimum purchase threshold is set at $100, with the sale accepting USDT and USDC. The project aims to raise $5 million through this sale. Of the total tokens, 5% will be unlocked at the Token Generation Event (TGE), while the remaining tokens will be locked for three months and then linearly released over a period of 52 weeks.

According to Foresight News, a survey conducted by KPMG, a multinational professional services network, has revealed that the exposure of Canadian institutional investors to cryptocurrency is set to increase significantly by 2023. Nearly 40% of the institutional investors surveyed reported that they will have direct or indirect exposure to crypto assets in 2023, a rise from the 31% recorded in their 2021 study.

Furthermore, a third of institutional investors have allocated 10% or more of their investment portfolios to crypto assets. This proportion was only a fifth two years ago. The findings indicate a growing interest and confidence in digital assets among institutional investors in Canada, suggesting a potential shift in investment strategies towards more diverse and digital portfolios.

According to PANews, the European Parliament has passed new regulations, officially requiring cryptocurrency companies to conduct due diligence to combat money laundering. The Parliament voted on Wednesday to pass a series of laws that will partly strengthen 'due diligence measures and checks on customer identity,' including so-called crypto asset management companies. They will also have to report suspicious activities to the authorities. The new law will affect crypto asset service providers (CASPs), such as centralized crypto exchanges, and many other institutions, including gambling services.

Patrick Hansen, EU Strategy and Policy Director at Circle, stated in a post on X that the voting result was expected. 'The bill will now also officially be approved by the EU Council and will take effect three years later,' Hansen wrote on the X platform. Last month, Hansen refuted rumors that the new law would ban anonymous crypto wallets and self-payment methods. He stated that the new law would apply to CASPs already regulated under MiCA (Crypto Asset Market Regulation), which need to follow standard KYC/AML procedures, such as customer due diligence (CDD). This is not something new, as all EU cryptocurrency exchanges and custodial wallet providers have already complied with these obligations under the current AMLD5 regulations.

Hansen stated that overall, the final version is a 'great achievement' for the crypto industry. The previous version of the proposed AMLR suggested a stricter approach, which meant carrying out KYC on self-custody initiators/beneficiaries, but due to the industry's efforts, it was finally agreed to adopt a risk-based approach and various options.

According to BlockBeats, Morgan Stanley is reportedly planning to introduce a Bitcoin ETF to its clients through its 15,000 brokers. This information was revealed by insiders and reported by AdvisorHub on April 25. Since receiving regulatory approval in January, Morgan Stanley has been offering a Bitcoin ETF, but it has not been actively promoted. Clients still had to consult their advisors about investing in it.

This situation is expected to change, as insiders claim that Morgan Stanley plans to introduce the Bitcoin ETF to every client in a controlled manner. This move by Morgan Stanley is seen as a significant step in bringing cryptocurrency further into the mainstream financial world. However, the details of how this will be implemented are yet to be disclosed.

According to PANews, blockchain game developer InfiniGods has successfully raised $8 million in a Series A funding round. The funding was exclusively invested by Pantera Capital. This follows a seed funding round in 2022 where InfiniGods raised $9 million, led by Pantera Capital with participation from Framework Ventures, Jefferson Capital, Animoca Brands, and Double Peak.

InfiniGods is known for creating web and mobile games that incorporate elements of mythology. The gameplay includes puzzles, strategy, and city-building. Co-founder of InfiniGods, Owen O'Donoghue, has an impressive background with 11 years of experience at Meta. During his tenure, he assisted in the development of Meta's gaming department and helped game developers in launching, monetizing, and expanding their games.

According to PANews, the trading volume data for Bitcoin spot ETFs on April 24th has been released by HODL15Capital. The data shows that BlackRock's IBIT had a trading volume of $1.17 billion, Grayscale's GBTC had a trading volume of $523 million, Fidelity's FBTC had a trading volume of $486 million, ProShares' BITO had a trading volume of $275 million, ARKB had a trading volume of $173 million, and BITB had a trading volume of $101 million.

This data provides a snapshot of the trading activity in the Bitcoin spot ETF market for that 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 market. 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.

According to PANews, Meta's first quarter earnings report, released on Wednesday, revealed that its metaverse division, Reality Labs, generated a revenue of $440 million. This figure represents approximately 1% of Meta's total income, marking a year-on-year growth of about 30%. However, Reality Labs reported an operating loss of $38.5 billion for the same quarter.

Since the end of 2020, when Meta began reporting this business division separately, Reality Labs has accumulated losses exceeding $45 billion. During the company's earnings call, Meta's CEO, Mark Zuckerberg, stated, 'As we increase our capital expenditure and energy expenditure on artificial intelligence, we will continue to focus on efficiently operating the company's other businesses. In fact, even as we shift many existing resources to artificial intelligence, we will meaningfully expand our investment scope before we derive substantial income from these new products.'

On Monday, Meta announced its plans to collaborate with third-party hardware companies to develop new VR headsets, using the same Meta Horizon operating system as the Quest headsets.

According to Bloomberg, a yellow legal pad with 'Buy Bitcoin' scribbled on it, which was flashed by an intern during a 2017 Congressional testimony, has been auctioned for $1.027 million. The sign, which was displayed during then-Federal Reserve Chair Janet Yellen's testimony, became a symbol for the burgeoning community of cryptocurrency developers and investors. Since that time, Bitcoin's value has skyrocketed from approximately $2,300 to a record-breaking nearly $74,000 in March. This surge has been fueled by financial giants like Fidelity and BlackRock endorsing the digital asset, and retail investors returning to the crypto market after years of instability and fluctuating prices.

The sign was auctioned off by Christian Langalis, a former intern at the Libertarian think tank Cato Institute. Langalis was seated behind Yellen during her appearance before the House Financial Service Committee in July 2017 and quickly wrote the message on the pad. After the sign was seen on television, Langalis was promptly escorted out. The auction site, Scare City, described the item as an 'Ink Drawing on Legal Pad' that weighs half a pound and includes Langalis's notes from the hearing. The page with the sign was removed from the notepad shortly after the hearing and has since been reattached with clear archival wire.

The winning bid of 16 Bitcoin was made by an anonymous buyer. There was a brief confusion during the final minutes of the bidding when an error made it seem like $6.4 million was bid. However, this was soon recognized as a mistake, and the price was corrected. Langalis intends to use the proceeds from the auction to fund a Bitcoin software project.

According to CryptoPotato, Nubank, a São Paulo-based fintech, has introduced a new feature that enables Bitcoin and cryptocurrency withdrawals and deposits. This development allows customers to send and receive Bitcoin, Ethereum, and Solana through the Nubank app. The withdrawal and deposit options are currently available for users to explore on the app's main crypto screen.

The launch initially supports three cryptocurrencies, but Nubank intends to expand this offering soon. Users are advised to consider several factors before completing a transaction. Withdrawals may incur variable fees depending on the chosen network, and crypto transactions could take around 60 minutes. Users must also ensure that the selected network and currency are compatible with the Nubank wallet. The bank stresses the importance of sending assets to supported networks and correct addresses, as errors could lead to irreversible loss of funds.

This new feature from Nubank is expected to further stimulate Brazil's burgeoning crypto environment. As the largest fintech bank in Latin America, boasting a customer base of 80.4 million in Brazil and millions more in Mexico and Colombia, Nubank's foray into cryptocurrency marks a significant stride towards mainstream acceptance. This move follows closely on the heels of Itau Unibanco, Brazil's largest bank, which entered the cryptocurrency exchange market in early December 2023.

Brazil is among the top Latin American countries in terms of cryptocurrency adoption. It is one of three nations demonstrating strong 'grassroots adoption' and ranks within the top 20 on Chainalysis' Global Crypto Adoption Index.

According to PANews, the co-founders of cryptocurrency mixing service Samourai Wallet have been arrested. Prosecutors claim they are suspected of laundering $100 million from Silk Road and other illegal markets. Keonne Rodriguez, the CEO of Samourai, and William Lonergan Hill, the CTO, were charged with operating the Samourai Wallet.

Prosecutors stated that Samourai is an unlicensed remittance company that participated in 'over $2 billion in illegal transactions, and provided over $100 million in money laundering transactions for illegal dark web markets including Silk Road'. Rodriguez was arrested on Wednesday morning and will face trial in Pennsylvania. Hill was arrested in Portugal, and the United States is seeking his extradition.

The prosecutors also stated that Samourai's web servers and domain names have been seized, and the application can no longer be downloaded from the Google Play store in the United States. Rodriguez and Hill are charged with money laundering and unlicensed money transmitting business, with maximum sentences of 20 years and 5 years respectively.

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced a total contract liquidation of $193 million in the past 24 hours. This liquidation affected 85,846 individuals.

The majority of the liquidation, amounting to $151 million, was from long positions, while short positions accounted for approximately $41.88 million. Bitcoin (BTC) and Ethereum (ETH) were significantly impacted, with liquidation amounts of approximately $43.60 million and $38.72 million respectively.

According to Blockworks, the Bitcoin blockchain ecosystem has seen a surge in speculative points farming, with Merlin leading the trend. Merlin, which was relatively unknown a month ago, has experienced a 2,000% growth in the past 30 days. It now has over $1 billion in total value locked (TVL), making it the largest Bitcoin sidechain, according to data from DeFiLlama. This puts Merlin ahead of established layer-1s like Avalanche and Polygon.

More than half of Merlin’s $1 billion is held in Solv Finance, a protocol that allows users to deposit wrapped bitcoin and receive 'Solv Points' in return. Solv and Merlin are currently running a promotion encouraging users to farm for points and tokens. In the crypto world, points are valueless participation tallies that often determine allocations in future token airdrops. Following recent airdrops that converted points to large sums of tokens related to Solana and EigenLayer, points farming has found its place in the Bitcoin ecosystem.

Merlin also airdropped its native MERL token to users last week. However, the token has seen a nearly 40% slump since being listed on CoinGecko. Merlin presents itself as a Bitcoin layer-2 solution, integrating zero-knowledge proofs with Bitcoin’s blockchain through Taproot. This integration enhances transaction privacy and efficiency significantly. Unlike Ethereum zk rollups where proofs are verified on-chain, Merlin’s proofs are verified off-chain by a decentralized network of oracle nodes before being batched and submitted to Bitcoin’s blockchain through Taproot. This off-chain handling of data and proofs ensures scalability and security without overloading the Bitcoin mainnet with excessive data.

Merlin's growth indicates a broader trend of renewed interest in speculative uses for bitcoin beyond its price. Runes, an evolution of the Ordinal inscription concept, went live at the halving and have caused a spike in the network’s transaction fees. Venture capital, which had long been on the sidelines when it comes to Bitcoin, has started to flow into the ecosystem. There’s also a race alongside Merlin to draw liquidity to Bitcoin layer-2 solutions. A different Bitcoin layer-2, Stacks, just pulled off its Nakamoto upgrade in an attempt to make its product faster and more reliable.

On Apr 24, 2024, 20:32 PM(UTC). According to Binance Market Data, BNB has crossed the 610 USDT benchmark and is now trading at 610.599976 USDT, with a 0.43% increase in 24 hours.

On Apr 24, 2024, 19:02 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 64,000 USDT and is now trading at 63,835.609375 USDT, with a 4.36% decrease in 24 hours.

According to Foresight News, Tenet, a re-pledged public chain, has announced its mainnet launch roadmap. The mainnet technology of Tenet will be rolled out in three phases. Users from the first two phases, as well as those tracing back to Tenet's mainnet and testnet products, will be able to earn Lightyears, the Tenet version of points. This will lead to the launch of Interstellar, the Tenet incentive token. Tenet will continue to serve as the network's gas token and will be used for network governance and security. The first phase will commence in the coming weeks.

In the first phase of the launch, points will be allocated to users who bridge from the selected LRT protocol to Tenet. The initial allocation of Lightyears will be announced based on Tenet usage, including testnet users, Eva wallet pledgers, early cross-chain users, and users interacting with early partner protocols on the Tenet network.

The second phase will gradually shift the point incentives towards partner protocols launched on top of Tenet, including DEX and LRT-supported stablecoin solutions.

After the initial allocation of Lightyears is completed, the third phase will begin. Incentive measures will be handed over to the community through the Interstellar TGE event.

According to Foresight News, Chainlink has announced that its Cross-Chain Interoperability Protocol (CCIP) has officially entered the fully available stage. Developers can now use CCIP to transfer loaded tokens across chains without needing permission. They can send any message to a smart contract on another integrated blockchain, or simultaneously send data and value through CCIP's unique support for programmable token transfers.

The blockchains that support this include Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX, with plans to add more in the future. This development marks a significant step forward in the blockchain industry, as it allows for greater interoperability between different blockchain platforms.

The CCIP's full availability means that developers can now more easily integrate their applications with different blockchains, potentially leading to a more interconnected and efficient blockchain ecosystem. This could have far-reaching implications for the future of blockchain technology, as it could pave the way for more innovative and complex applications that leverage the unique strengths of different blockchains.

According to Foresight News, Monex Group, a Japanese financial services provider, has completed the acquisition of a majority stake in Canadian crypto asset company 3iQ Digital Holdings. This move is part of Monex Group's strategy to expand its cryptocurrency business.

Previously, 3iQ had launched the first regulated Bitcoin and Ethereum exchange-traded funds in North America, as well as the first Ethereum ETF with a pledge function on the Toronto Stock Exchange. With the acquisition of 3iQ, Monex Group aims to meet the needs of global institutional investors and exchanges for crypto asset management.

According to BlockBeats, Grayscale, a major cryptocurrency investment firm, has reportedly reduced its Bitcoin (BTC) holdings by 538 BTC, equivalent to approximately $35.08 million. The firm currently holds 303,683 BTC, which is worth around $19.8 billion.

In contrast, BlackRock, another prominent investment management corporation, has increased its BTC holdings. The firm added 569 BTC to its portfolio, equivalent to about $37.14 million. BlackRock's current BTC holdings stand at 274,462 BTC, valued at approximately $17.9 billion.

Furthermore, nine Exchange-Traded Funds (ETFs), including Grayscale, collectively increased their BTC holdings by 949 BTC, equivalent to about $61.88 million. The report did not provide further details about the other eight ETFs involved in the BTC acquisition.