Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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bitcoin news
- standard Chartered said that the crypto winter is over and that bitcoin (btc) Could reach $100,000 by end of 2024, Reuters informed of, citing a note from Geoff Kendrick, digital asset research at the multinational bank. Bitcoin could benefit from factors including recent turmoil in the banking sector, such as the stabilization of risk assets US Federal Reserve ends its rate-hike cycle, and crypto mining improves profitability. “While sources of uncertainty remain, we think the path to the $100,000 level is opening up,” Kendrick said.
regulation news
- central bank of South KoreaThe bank of korea (BOK), will be empowered to investigate operators of crypto-related businesses, The Korea Herald informed of, The BoK is competing with the country’s financial regulator financial services commission (FSC), on crypto jurisdiction, it added. The FSC will have the final word when it comes to governing the digital asset sector regulation.
legal news
- A United States, New York District Court Judge ruled against financial technology company Hydrogen Technology Corporation and its former CEO Michael Ross in Kane a suit brought by Securities and Exchange Commission ,seconds), ordered him to pay $2.8 million in treatment and a civil penalty. This includes some $1.5 million in “distorted” profits (profits derived from illegal conduct) and a fine of more than $1 million. seconds alleged that Kane used the hydrogen market maker Moonwalkers Trading Limited for a scheme that manipulated the quantity and price of its Hydro tokens.
investment news
- tech investors Tiger Global ManagementThe $12.7 billion venture fund launched in 2021 had a paper loss of 20%, net of management fees, as of December last year. According Citing private documents, from the information to a report. This is set to get worse with an 8% loss recorded by June 2022 and an 11% loss by September that year, the report said. In total, the venture fund backed about 250 projects, but more than 170 were valued at less than what the company first invested in last December.
payment news
- financial services company Januar Aps announced that it has received its full Payment Institution License Danish Financial Supervisory Authority (DFSA). “The issuance of the license marks a milestone for the fast-growing company and paves the way for onboarding customers across the European Economic Area (EEA),” the press release Said, The company said it has seen significant interest from customers outside its local market Denmark And that it will begin actively onboarding and serving these customers across Europe.
nft news
- romania‘S National Institute for Research and Development in Informatics (ICI Bucharest) aims to launch an in-house non-fungible token (nft) trading platform. Per Cointelegraph, the institutional NFT platform, ICI D | ServicesGoing live on April 26, it will primarily serve as an NFT marketplace, allowing public and institutional users to create, manage and trade NFTs.
DeFi News
- just Launched Treasures of Shimmer Promotional Campaign, a campaign run by Tangle Ecosystem AssociationWhich will start from 3rd May. It will award SMR 1,300,000 tokens in rewards to participating decentralized applications (dapps) and their users for battle-testing the EVM test series. Shimmer will be IOTA’s official incentivized staking network with its native Shimmer token (SMR) and an independent ecosystem. “During this two-week-long campaign, the public will have an unprecedented opportunity to test dApps deployed for SMR token rewards by creating as much smart contract activity as possible. The more activity created using dApps, the better the project and its The bigger the SMR token reward for users,” the announcement Said,
blockchain news
- A study by independent think tank the money mongers found out that Ethereum The first most searched proof of stake is (POS) crypto in the United States, followed by polygon (matic) in the second place. The team analyzed Google trends for the top 5 PoS cryptocurrencies based on their total market capitalization over the last 90 days. 28 US states (i.e. 54.9%) are interested and searching about Ethereum crypto, 18 states (35.3%) are interested in Polygon, 4 states (7.8%) are most interested cardanoand most interested in 1 state solanaWhereas polka dot “It has yet to enter the US,” the study said.