Crypto loyalty app Blackbird raised $50M in Series B funding led by Spark Capital, with Coinbase & a16z crypto participating, per Fortune. Founder Ben Leventhal says the round closed in Q4 2024. Total funding since 2022 is now $85M. #crypto #loyalty #funding

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SBI Holdings may sell a minority stake in crypto market maker B2C2 for $100M, per Bloomberg. SBI denies the report. B2C2 declined to comment. SBI acquired 90% of B2C2 in 2020.

#crypto #blockchain #news

Binance's Nigeria tax evasion trial delayed to April 30th. Court allows tax authorities time to respond to Binance's challenge of the order allowing service of court documents via email. Binance argues proper permission wasn't obtained to serve documents outside Nigeria. (via Reuters)

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Crypto exchange Freedx gets a Digital Asset Service Provider (DASP) license in El Salvador! 🇸🇻 COO Raks Sondhi says it's all about protecting user funds and ensuring secure, compliant asset management. #crypto #ElSalvador #Freedx

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CertiK warns: NFT marketplaces using flash loans & `delegatecall` in offer logic (`makeOffer`, `acceptOffer`) are vulnerable to exploits! Attackers can use zero-fee loans for abnormal asset transfers, enabling "trace-free exit." No losses reported, but review permission control & validation ASAP!

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Gate.io CEO Dr. Han Lin: Tariffs cause short-term crypto volatility, but long-term innovation & adoption will drive growth. Crypto shows adaptability in the global economy, offering upgrade opportunities. Confident crypto assets will play a key role in the future financial system.

#crypto #blockchain #news

US Chamber of Commerce may sue Trump admin over China tariffs taking effect this week (per Fortune). Members cite potential business impact, challenging Trump's use of IEEPA. NCLA previously filed a similar suit. More trade groups may join. #tariffs #ChinaTrade

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Cboe Digital plans to launch Bitcoin futures (XBTF) based on the FTSE Russell index on April 28, pending approval. The cash-settled contract tracks 1/10th of the FTSE Bitcoin Index, settled monthly. Cboe aims to meet institutional crypto demand with a capital-efficient tool. #Bitcoin #Futures

#crypto #blockchain #news #BTC

Hashed moved 17.03M SAND ($4.1M) to Binance, per @Wu_Shuo_Blockchain. Could signal a sale. Hashed led SAND's 2019 funding round ($2.5M) and still holds ~25.55M SAND, worth ~$6.15M. #crypto #SAND #Hashed

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Bill Ackman apologizes to Commerce Secretary Howard Lutnick for questioning his motives, now believing Lutnick acts in the country's best interest. Ackman still thinks tariffs are a policy error, but hopes they'll ultimately benefit the US & global economy.

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According to Whale Alert, USDC Treasury, the issuer of USDC, burned 51,007,752 USDC (approximately $51 million) on the Ethereum blockchain at 13:26 Beijing time.

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Cathie Wood's Ark Invest bought 84,514 Coinbase shares ($13.3M) across ARKW & ARKF ETFs on Monday during the market dip. ARKW grabbed 64,806 shares, ARKF 19,708. COIN is now ARKF's 2nd largest (7.65%) and ARKW's 4th largest (5.92%) holding. #Coinbase #ArkInvest

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Early Ethereum adopter moved 2,000 ETH ($3.11M) to Kraken after 7 years of inactivity, per Lookonchain. They bought 10,001 ETH in 2017 at $352 each and HODLed through the $4,878 peak. Still holding ~$12.3M in unrealized profits!

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Singapore crypto adoption is growing! 26% own crypto in 2024, up from 24.4% in 2023. Gen Z & Millennials (16-44) lead the way at ~40% ownership, using it for online shopping & bills. #crypto #singapore #genz #millennials

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Bitcoin ETFs saw $109M in net outflows on April 7, per SoSoValue, marking the 3rd straight day of outflows. Grayscale's GBTC led the pack with $74.01M outflow, bringing its total historical net outflow to $22.7B.

#crypto #blockchain #news #BTC #Bitcoin

Ethereum spot ETFs saw no net flow on Apr 7, per SoSoValue. Total net asset value: $5.263B. ETF net asset ratio: 2.78%. Cumulative net inflow: $2.359B.

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ASIC shut down 95 companies involved in investment & "pig butchering" scams, using fake info & platforms to defraud investors in digital assets, forex & commodities. ASIC says these scams are like a hydra, constantly reappearing. They're removing 130+ fraudulent websites weekly. (via Cointelegraph)

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According to Spot On Chain, Curve Finance founder Michael Egorov has resumed selling CRV tokens as the market recovers. Today, he sold 236,457 CRV, worth approximately $108,000. Since March 24, he has sold a total of 3.083 million CRV for $1.62 million, at an average price of $0.527.

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According to Lookonchain, a dormant wallet containing 365 BTC (approximately $29 million) has been activated after 10 years. The wallet received the Bitcoin a decade ago when the price was around $284.

#crypto #blockchain #news #BTC #Bitcoin

Vitalik Buterin at Web3 Scholars Summit: Long-term Ethereum goals include 12-sec L1/L2 communication, intent-based systems for low-latency/cost txns, & stronger L1/L2 coupling for broader app deployment. #Ethereum #Web3

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