- Scroll completed a $50 million funding round with participation from Polychain Capital, Sequoia China, and others.
- Amazon will launch an NFT platform on April 24, initially only available in the United States, and gradually expanding to other regions around the world, including Europe.
- Lee Chang-yong, Governor of the Bank of Korea, expressed concern about the 16% of South Korea’s population that holds cryptocurrency accounts. He believes that cryptocurrency, as an investment asset, is too risky.
- Almost all types of cryptocurrency transactions except Bitcoin are now under the jurisdiction of the SEC.
- White House spokesperson Jean-Pierre said they are monitoring the situation with Silvergate and Biden has called on Congress to take action.
- Kraken’s Chief Legal Officer Marco Santori announced that Kraken is making progress in launching its own bank and is expected to launch soon.
- Meta plans to lay off thousands of employees as early as this week, driven by its financial goals.
- SEC has taken emergency action against cryptocurrency hedge fund BKCoin, which is accused of a $100 million Ponzi scheme. The SEC has frozen BKCoin and one of its co-founders Kevin Kang’s assets, and appointed an asset receiver.
- Forward Research CEO announced that Arweave 2.6 version is now online, and the difficulty and block generation speed have stabilized.
- Vitalik Buterin has sold about 5 trillion SHIK tokens from his wallet and received about 164 ETH (approximately $26,000) and transferred 214 ETH (approximately $33.7 thousand) to the EthDev address. SHIK has dropped by more than 95% since then.
- The law firm and special advisors handling the FTX bankruptcy case collected $38 million in fees in January.
- According to Hong Kong police, there were a total of 2,336 cryptocurrency-related fraud cases in Hong Kong in 2022, involving approximately $217 million in funds.