Nigeria’s Binance crackdown threatens Web3 industry
According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.
This Week Noteworthy Events (April 15, 2024, to April 21, 2024)
This week BTC will undergo its fourth halving; the voting for the token merger proposed by SingularityNET, Fetch.ai, and Ocean Protocol is about to close.
Nine VCs Reflect on Q1 Crypto Funding: Rebounding but Falling Short of Previous Bull Market
Multiple positive factors have brought a beneficial impact to the industry, lifting both sentiment and market performance out of the slump, although not to the level of the previous bull market. VCs are relatively optimistic about the future situation of primary market financing.
Bitcoin ETF battle heats up as BlackRock closes in on Grayscale
BlackRock’s spot bitcoin ETF appears on pace to overtake Grayscale as biggest of the crypto-based investment vehicles. Grayscale’s fund, which has higher fees than many competitors, has shed billions of dollars in AUM since trading started in January.
MarginFi sees $155 million outflow amid leadership shakeup
MarginFi creator Edgar Pavlovsky said he does not agree with the way the protocol has operated, both internally and externally. Earlier on Wednesday, the platform was accused of acting in bad faith by Solana-based liquid staking protocol, SolBlaze.
Policy Analysis: Uniswap Receives Wells Notice from SEC
Uniswap received a Wells notice. What impact did this event have? Why did the SEC emphasize that multiple tokens are securities?
Ex-Ethereum Advisor Steven Nerayoff Sues U.S. Government for $9.6 Billion Over 'Fabricated' Charges
Steven Nerayoff was arrested for nearly $10 billion in damages, claiming federal agents maliciously pursued him during a four-year legal battle after his 2019 arrest for allegedly extorting 10,000 ether from a crypto startup.
Etherfi maintains lead in liquid restaking niche with over $3.8 billion in deposits
Etherfi oversees $3.8 billion in user deposits, leading the liquid restaking (LRT) niche, while other protocols such as Renzo, Puffer, Kelp, Swell, and Eigen also command significant market shares.
Rise of New Token Standards: Overview of Popular Token Standards and Their Solutions
Recently, several tokens have garnered attention due to the adoption of new token standards. Inventory of popular token standards and the problems they solve.
Interpreting the Saga Project: High-frequency, Light-asset Project Solutions
-Saga is a Layer 1 that allows developers to build specialized chains, called "Chainlets," which are compatible with different virtual machines, can run in parallel, and are interoperable, providing applications with unlimited scalability.
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