Crypto Bytes: Top 10 Breaking News from Cryptoverse

  • Former ETH advisor, Steven Nerayoff is seeking almost $10 billion in damages, claiming that federal agents “maliciously” pursued him throughout the course of a four-year court struggle.
  • In an interview, VanEck CEO Jan van Eck stated that he anticipates the VanEck Ethereum ETF will be rejected in May. Documents reflecting revisions that were likely requested by the SEC were often filed weeks before the approvals of spot Bitcoin ETFs.
  • The price of Saga’s token seems to have increased dramatically since the protocol’s mainnet went online, based on Binance’s listing page. As of early Tuesday, the mainnet became live and the coin began trading on Binance.
  • The venture capital firm Andreessen Horowitz’s cryptocurrency-focused subsidiary, A16z Crypto, has unveiled Jolt, a zero-knowledge solution that it refers to as a “zkVM,” with the goal of streamlining and expediting blockchain scaling operations.
  • On Tuesday, the Ethereum mainnet saw the introduction of the restaking platform EigenLayer and its data availability layer EigenDA. By doing this, investors can assign their entire investment to a chosen operator.
  • According to a Glassnode analysis, long-term holder profit-taking is cooling off after bitcoin hit an all-time high above $73,000 in March. The research also noted that price corrections are historically prevalent throughout the price discovery phase of the market.
  • “MetalCore,” an open-world shooting game developed by Studio 369, was released on the Immutable zkEVM blockchain. The first playable game on Immutable zkEVM is called MetalCore, and it’s now in closed beta until April 22.
  • Uphold is expanding its support for Bitcoin after releasing a self-custody wallet at the close of the previous year, the business announced in a statement.
  • Due to a media auto-download option, blockchain security startup CertiK claimed that using Telegram’s desktop application presents hazards. However, the social network refuted these concerns.
  • The native cryptocurrency of the high-performance decentralized data storage network ShdwDrive, Shadow Token, will be listed on Coinbase.

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.

Author: Lalit Mohan

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