DeFi
ezETH, which had been trading above $3,000, plunged to $688 on Uniswap as it lost its ether peg. The token is still trading at a discount to ETH.
Tech
The move is expected to make it easier for developers to create cross-chain smart contracts.
Business
The Hong Kong Bitcoin and Ethereum spot ETFs will reportedly begin trading on April 30, using an in-kind redemption mechanism.
Cybercrime group CiberInteligenciaSV has published some of the source code related to El Salvador’s Bitcoin ATM network on a public black hat-hacking crime forum.
Rather than creating competition for crypto, the NYSE operating overnight could increase trading volumes for both types of assets.
Nexyst Digital is gearing up to launch two new crypto vehicles in mid-May that seek to reduce volatility and risk by employing multiple managers.
Regulation
The Blockchain Association is suing the SEC over its enactment of rulemaking that expands the definition of a securities dealer to include those who act as liquidity providers in DeFi protocols.
The SEC is ordering Do Kwon and Terraform Labs to pay a cumulative $5.3 billion in disgorgement and civil penalties after a jury returned a guilty verdict on all counts earlier this month.
Bitcoin
BTC, Grayscale’s mini bitcoin ETF that’s awaiting regulatory approval, would impose a fee of just 15 basis points, the lowest among all its rivals. But that doesn’t mean it’s going to eat its predecessor’s lunch.
Figure Markets CEO Mike Cagney said he had received confirmation that the next round of the FTX estate’s locked SOL sales would take place via an auction, with more details to come on Monday.
