- The dYdX community has decided to use Stride’s staking service for Cosmos blockchains to stake 20 million dYdX tokens, or roughly $60 million.
- Given Aave’s revenues, founder Marc Zeller of the Aave Chan Initiative has hinted that a temperature check vote on paying fees to Aave stakers would take place as soon as next week.
- The next halving event of Bitcoin, which will see the block rewards for miners halved, is currently only two weeks away. April 20 would see the arrival of Bitcoin’s fourth halving, with the block reward falling from 6.25 BTC to 3.125 BTC.
- Ethereum layer-2 blockchain LightLink completed an extended seed round and raised $6.2 million. A significant level of demand from investors led LightLink to extend the seed round. In the process, the startup was able to secure an additional $1.7 million.
- Over the course of the previous day, the price of Dogecoin (DOGE), a meme coin with a dog theme, increased by 10.1% to surpass $0.20.
- For the fourth day in a row, spot Bitcoin exchange-traded funds (ETFs) saw a net inflow of $203 million on Friday, April 6.
- A jury in New York has found Do Kwon, the co-founder of Terraform Labs, and the company guilty of misleading investors regarding the stability of UST.
- Cathie Wood, the CEO and chief investment officer of ARK Invest, is pushing for the United States to regulate cryptocurrencies similarly to Hong Kong.
- As the Central Bank tries to expand the scope of its CBDC initiative, Russian fintech companies have started to participate in the nation’s digital currency pilot.
- The announcement of Project Agorá, a collaborative private-public endeavor aimed at analyzing the possible advantages of tokenization for enhancing cross-border settlements, was made by the central bank, the Bank for International Settlements.
- For the seventh time in a row, the Monetary Policy Committee (RBI MPC) of the Reserve Bank of India has opted to maintain the repo rate at 6.5%.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
