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Nifty News: 3 Bored Apes gone phishing, fantasy.top fees beat Tron and more

One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.

3 memorable moments from Donald Trump’s ‘Mugshot’ NFT event

Donald Trump says he helped make “NFTs hot again” and even dissed his own political rival’s unofficial meme coin — sending it and his respective meme coin soaring.

Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan

Swan Bitcoin's Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next.

Optimism to roll out new Superchain features for layer-3 devs

The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.

Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’

Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter.

3 trends to think about before Bitcoin's bull run resumes

The market is down, but the bull run isn't over. When it resumes running upward, some things are going to run a little more than others.

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year.

Rwandan central bank proceeds with ambitious retail CBDC project

The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy.

President Biden says he would veto resolution countermanding SEC crypto rule

After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure.

Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s dull range-bound action is likely to continue for a few more days as the bulls and the bears battle for control of BTC price.

Blockchain education initiatives take off amid crypto bull market

Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.

How a decentralized AI movement is shaping a fairer future

The Morpheus Network and 6079 are leading a movement to challenge the supremacy of Big Tech giants by employing decentralized, permissionless AI technology.

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers, while the Treasury writes a report.

Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts

Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.

Crypto lending platform Nexo allocates $12M for ecosystem incentives

The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.

Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner

Anyone who spent at least $4,653 on Trump’s “Mugshot” NFTs will be able to have dinner with the former president in Florida on May 8.

Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing

Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion.

What do crypto market makers actually do? Liquidity, or manipulation

The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?

Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan exec

Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.

CBDCs, stablecoins must ensure liberty-based values — former CFTC chair

J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London.

Tether scales crypto payments in Eastern Europe with new investment

The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.

Sophon ZKSync hyperchain raises $60M in node sale

The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.

Chainalysis sets up regional HQ in Dubai amid local crypto boom

Chainalysis relocates its regional headquarters to Dubai, reflecting the UAE’s progressive stance toward blockchain technology.

AI-powered smart contracts could be ‘transformative’ — Ava Labs founder

Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.”

Trader loses 7-figure sum due to 0L Network hard fork

“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team.

Various forms of Bitcoin custody, explained

Bitcoin’s rising popularity demands a secure custody plan. Learn about Bitcoin custody options, from centralized exchanges and self-custody to specialized institutions.

FCA crypto regulators will take the best from TradFi and DeFi, says exec

The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.

Mastercard joins forces with US banking titans for tokenized settlement trials

The partnership between significant banking giants in the U.S. and Mastercard aims to streamline multiple asset-class settlements on a shared ledger platform.

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