Crypto News Weekly Recap 📰

Paradigm
Paradigm
Published in
2 min readApr 8, 2024

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2nd April — 9th April

▫️ Crypto investment products witness record year-to-date inflows of $13.8 billion.

▫️ Average crypto portfolio increases by $2,804 in 2024, according to CoinLedger.

▫️ Bitcoin’s next halving approaches, just two weeks away.

▫️ US vs Roman Storm: amicus briefs from Blockchain Association, Coin Center & DeFi Education Fund.

▫️ SEC Commissioner Peirce emphasizes improving communication between the public & SEC.

▫️ Bank of England & FCA consult on digital securities sandbox, seeking feedback by May 29.

▫️ South Korea to tighten crypto exchange listings with upcoming guidelines.

▫️ Sony Bank to conduct stablecoin trial on Polygon.

▫️ US PayPal customers to use stablecoin for international payments.

▫️ HashKey launches global crypto exchange after obtaining Bermuda license.

▫️ Geth DoS vulnerability disclosed, fixed in v1.13.13.

▫️ Google sues developers for placing 87 fraudulent crypto apps on Google Play store.

▫️ Project Agorá: BIS & 7 central banks explore tokenization of cross-border payments.

▫️ Vitalik outlines the next steps in the Purge, precompiles, history (via EIP4444), log reform & moving to SSZ.

▫️ Uniswap achieves $2 trillion in trading volume for the first time.

▫️ MakerDAO proposes allocating $600M of DAI to USDe and sUSDe.

▫️ SushiSwap governance proposal suggests shifting DAO treasury assets to the new Sushi Labs vault.

▫️ Frax tokens to be natively issued on Noble, expanding into the Cosmos ecosystem.

▫️ Ethena Labs adds Bitcoin as a USDe backing asset.

▫️ Celestia brings Blobstream solution to Arbitrum Orbit chains.

▫️ Synthetix v3 goes live on Base, using USDC as collateral.

▫️ Gitcoin Grants 20 applications open until April 16.

▫️ Ethena’s ‘synthetic dollar’ surpasses $2 billion supply within two months of public launch.

▫️ Agora, a stablecoin issuer, raises $12M in seed funding.

▫️ Raiinmaker, a web3 AI firm, secures $7.5M in seed funding.

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