Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this. Bitcoin has fallen below yesterday’s peak above $31,000.
Bitcoin
Bitcoin () moved back below the $31,000 level on Saturday, as cryptocurrency markets…
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
April 15, 2023
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the…
Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to 'Close a Successful Funding Round'
April 15, 2023
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to…
African users of the bitcoin gaming and payments app Zebedee will now be rewarded in the form of satoshis when they play games or when they listen to podcasts. In addition to being able to convert their rewards into local currencies, African users of the Zebedee app can use it to make cross-border payments.
Converting Satoshis to Local Currencies
Zebedee, a crypto gaming and payments app, has…
Elon Musk quietly starts X.AI, a new artificial intelligence company to challenge OpenAI
April 15, 2023
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Elon Musk is preparing to launch a new artificial intelligence (AI) startup, X.AI, that will compete directly with OpenAI…
Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case
April 15, 2023
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre…
At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current policies of monetary tightening.
Current Market Status
April started mostly with consolidation, as traders continued to digest the last month’s banking…
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault…
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the…
Icy Moonquakes: Surface Shaking Could Trigger Landslides
April 14, 2023
Many of the ice-encrusted moons orbiting the giant planets in the far reaches of our solar system are known to be geologically active. Jupiter and Saturn have such strong gravity that they stretch and pull the bodies orbiting them, causing moonquakes that can crack the moons’ crusts and surfaces. New research shows for the first time how these quakes may trigger landslides that lead to…
