🟢In the US, an updated stablecoin bill has been introduced, which prohibits algorithmic stablecoins without collateral. The bill obliges issuers to create reserves in fiat and equivalents in a ratio of 1 to 1 to back such stablecoins

🟢If after the halving the influx of funds into spot BTC-ETFs continues at the current pace, then BTC reserves on exchanges will dry up in 9 months - calculations Bybit

🟢STEPN - partnership with Adidas

🟢Britain will adopt new legislation on cryptocurrencies and stablecoins by July

🟢Open Campus plans to launch a new blockchain designed for education


#crypto_tweets

🌐Durov talked about his BTC, Telegram IPO, and government requests.

👍Telegram's founder, Pavel Durov, stated in an interview with American journalist Tucker Carlson that he solely owns the messenger and keeps a portion of his savings in bitcoins.

⭐️ According to Durov, he initially rejected the idea of raising venture capital for the development of Telegram in order to maintain independence - "the goals and mission of the company may conflict with the priorities of investment funds."

✅At the same time, the businessman admitted that he never thought about money in the context of Telegram, as it does not align with his lifestyle.


#infopost

🔔 News from the past week


💎 Cryptocurrency

🟢 Grayscale's Bitcoin ETF balance has dropped by half since trading began in January to 313k BTC

🟢 The Notcoin team canceled the listing on April 20 and postponed it to an unknown time

🟢 Michael Saylor earned $370 million selling MicroStrategy shares

🟢 Binance converted SAFU fund into USDC and now there is $1 billion

🟢 Uniswap has increased commissions for DEX interface users with 0.15% to 0.25%

🟢 Kraken has released a non-custodial wallet available to all users

🟢 Binance received a license in Dubai and launched Megadrop platform for quests and airdrops


💼 Financial news

🟢 The US House of Representatives passed bills on assistance to Ukraine, Israel and Taiwan totaling $95 billion

🟢 In the first quarter, China's GDP grew by 5.3%, but in March the slowdown began again

🟢 Tesla will fire 10% of employees due to falling sales

🟢 Apple shipments fell by 9.6% for the quarter - the worst result since the coronavirus crisis


🔄 Regulation

🟢 Hong Kong regulator approved applications for spot Bitcoin and Ethereum ETF

🟢 US Senators introduced bill to regulate stablecoins

🟢 China introduced duty 43.5% on imports of chemicals from the USA

🟢 Four large Chinese banks have stopped accepting payments in yuan from the Russian Federation due to the risk of secondary sanctions


⚙️ Technologies

🟢 Meta presented AI Llama 3, which can edit images according to text description

🟢 Zuckerberg announced wearable devices from Meta that read brain signals

🟢 The Trust Wallet team warned iOS users about a vulnerability in iMessage


#weeklynews

The capitalization of stablecoins has reached a two-year high💲

💰On April 19th, the aggregate market value of stablecoins pegged to the US dollar increased to $165.2 billion, which was last seen in June 2022. The Block reports this.

📈The all-time high value is $179.4 billion (April 2022).

🌐The leader, USDT, accounts for ~70% of the total market value in the segment.

In August, Bernstein analysts forecasted that the capitalization of stablecoins would grow to $2.8 trillion in the next five years.

#infopost

The IMF has acknowledged Bitcoin's potential as an economic driver💎

✔️The International Monetary Fund (IMF) has released its new report discussing the role of Bitcoin in the global economy. The organization recognizes that this first cryptocurrency has the potential to be a driving force for the economy.

📈According to the IMF, Bitcoin is an important tool for ensuring the financial independence of many countries, especially those facing difficult economic situations. It is noted that Bitcoin is becoming increasingly popular and widely accepted in various parts of the world.

🌐Researchers believe that many investors view Bitcoin as a potential means of diversifying their investment portfolios.


#infopost

🔔 News from the past week


💎 Cryptocurrency

🟢 SEC postponed consideration of applications for spot ETH ETF to June

🟢 A new IMF report says about the positive impact of BTC on the economy

🟢 Payment company Stripe has added USDC support

🟢 Franklin Templeton tokenized US bonds for $380 million on the Polygon and Stellar networks

🟢 Binance conducted a quarterly BNB burn of $1.17 billion


💼 Financial news

🟢 Biden signed laws on military assistance to Ukraine, Israel and Taiwan

🟢 In the first quarter of 2024, US GDP grew by 1.6%, which is below the forecast of 2.5%

🟢 China bypassed US sanctions and Bought banned Nvidia AI chips

🟢 The National Bank of Ukraine reduced rate from 14.5% to 13.5%

🟢 Alphabet will pay dividends for the first time in its history, shares +10%


🔄 Regulation

🟢 Thai authorities will block access to all crypto exchanges without a license

🟢 The US Attorney's Office has requested 3 years in prison for Changpeng Zhao, trial on April 30

🟢 In the USA and Portugal, the founders of the anonymous BTC wallet Samourai Wallet were arrested for facilitating money laundering


⚙️ Technologies

🟢 Jack Dorsey's Block company announced the development of a 3nm chip for BTC mining

🟢 Google Cloud presented its own Web3 platform

🟢 In 1 month, 12 meme tokens were collected on Solana on presales $26.7 million and closed


#weeklynews

How are cryptography and cryptocurrencies related❔

What does cryptography mean❔

❗️The history of any nation has always been closely linked to the preservation of many important secrets from prying eyes, even from its own citizens. The necessity of information protection led to the development of encryption methods that ensured the confidentiality of data transmission. Thus cryptography emerged as the science of methods for ensuring the secrecy of information.

How was encryption used in history❔

📈In the 20th century, there were numerous attempts to restrict the use of cryptography for private purposes. The main proponents of such an approach were intelligence agencies, arguing the need for prohibition to combat internal and external threats, be it terrorism, hackers, or crime. Since encrypted messages are practically impossible to decipher without significant resources, they believed it posed a threat to national security. Opponents of this approach claimed that intelligence agencies sought to gain complete control over all means of exchanging information. This debate continues to this day.

How is Bitcoin related to cryptography❔

📔Cryptocurrencies, such as Bitcoin, Litecoin, and Dash, are based on the principles of cryptography. Encryption methods are used to ensure the impossibility of data alteration in the blockchain.


#Guides

BlackRock forecasts a new wave of investments in Bitcoin ETFs✅

🆎After the current calm in the spot Bitcoin ETF segment, a new wave of investors of a different type is likely to follow. This was stated by the head of BlackRock's digital assets department, Robert Mitchnick, in an interview with CoinDesk.

💎In the coming months, financial institutions, including pension, target, and sovereign wealth funds, will begin trading exchange-traded funds based on the first cryptocurrency, he believes.

🔍According to him, the company is witnessing a "resurgence of discussion around Bitcoin" in terms of integrating it into investment portfolios. Mitchnick noted that BlackRock plays an "educational role" for those interested parties.

"While becoming the largest spot Bitcoin ETF would be an impressive achievement, BlackRock is actually focused not on this competition, but on educating its clients," he emphasized.

#infopost

🔔 News from the past week


💎 Cryptocurrency

🟢 In the first quarter of 2024, Tether earned $4.52 billion

🟢 An insider shaved a meme trader with the CoolCoin token worth $152k in 30 minutes

🟢 MicroStrategy reported a quarterly loss of $53 million, but still bought another 122 BTC

🟢 Until the end of 2024, Jack Dorsey's Block company will buy BTC at 10% of monthly profits

🟢 Bankrupt exchange FTX sold new batch of Solana below market priced at $100


💼 Financial news

🟢 Bloomberg: The US Treasury announced a government bond repurchase program for the first time since 2002

🟢 The Fed maintained the rate at 5.25-5.5% and announced a slowdown in the reduction of its own balance sheet from $60 billion to $25 billion

🟢 Apple announced a $110 billion buyback of its own shares

🟢 In the first quarter of 2024, world central banks bought 288 tons of gold


🔄 Regulation

🟢 CZ was jailed for 4 months for poor KYC management on Binance

🟢 Tether checks all transactions with USDT on the secondary market in partnership with Chainalysis for legality

🟢 Bitcoin Judas Roger Ver arrested in Spain on fraud charges

🟢 The US Attorney's Office is conducting an investigation against Jack Dorsey's Block company

🟢 US Congressmen introduced a bill to tax staking


⚙️ Technologies

🟢 Google has made key Gemini AI functions available in most countries

🟢 The Bonk Killer meme scam on Solana drew capitalization of $328 trillion

🟢 Hackers withdrew $1.68 million from the Pike Finance DeFi protocol


#weeklynews

🌐Senators and the FBI are not against confidentiality 🌐

📈US senators and intelligence agencies may not be as strongly opposed to privacy-oriented protocols as some participants in the crypto industry believe. This opinion was voiced by Railgun anonymizer researcher Alan Scott Jr., as reported by Cointelegraph.

🆎Speaking at ETH Global in Sydney, the expert explained that he drew this conclusion based on conversations with politicians and the FBI in Washington. According to him, many of them are "interested in doing the right thing and protecting people."

"They are concerned about potential issues that may hinder them from catching criminals," Scott emphasized.

He noted that discussions with politicians and regulators in the US were mostly positive, and he got the impression that many of them were trying to understand new developments.

"Whenever we talk about cryptocurrency or DeFi, they ask reasonable questions and try to understand what this technology represents, how it works, and why people like us enjoy it," he said.

#infopost

🟢Tether expands payment solutions in Eastern Europe with additional investment in Georgian CityPay

🟢FTX begins the sale of the third tranche of Solana (SOL) tokens
at the auction on May 9 it is planned to sell 41 million SOL

🟢The SEC has provided its final response in the Ripple case, stating that Ripple cannot guarantee that it will not violate the rules in the future

🟢LocalMonero, the largest P2P marketplace for the anonymous Monero token XMR, operating for 7 years, announced its closure.

🟢The Canadian Internal Revenue Service is conducting audits to stop crypto tax evasion


#crypto_tweets

🌐Creators of the fake Blockchain.com website sentenced to prison 🌐

❗️Two cybercriminals have been convicted in the UK for stealing cryptocurrencies worth £5.7 million ($7.1 million) through a phishing website mimicking the exchange platform Blockchain.com. BBC reports. Jake Lee and James Heppel created a replica of the original service and gained access to the victims' assets.

💰 In total, 55 individuals from 26 countries were affected by their activities. At least one of them lost bitcoins worth over £11,000 ($13,700).

📌The defendants pleaded guilty to three counts of conspiracy to commit fraud.

Lee received four years in prison, while Heppel received 15 months.

Fair❔


#infopost

🌐 Charles Hoskinson stated Joe Biden's desire to "kill the crypto industry."

🔔 US President Joe Biden is making deliberate efforts to destroy the crypto industry in the country. This was stated by Cardano co-founder Charles Hoskinson.

"Voting for Biden is a vote against the American cryptocurrency industry," Hoskinson commented.

📢The remarks followed a statement from the White House administration indicating the president's readiness to veto a bill aimed at reversing SEC recommendations that prohibit banks from providing services for storing digital assets.


#infopost