04 Apr: Hacks with No Impact

04 Apr: Hacks with No Impact

By theinspired | Inspiration | 4 Apr 2023


"The determination to win is the better part of winning."
 –Daisaku Ikeda

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Q. Do you think Bitcoin will surpass $30K this week?

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Happy Tuesday Folks! Yesterday, DOGE pumped after Elon replaced the blue bird with a Shiba Inu, exchanges in Japan were unregistered, and late in the day it appeared that CZ was served with a Red Noticed. The fear and greed index is 62 which appears to be the sweet spot and the best performing asset for the past 7 days is $DOGE up 40.56%; thanks to Elon Musk and his Shenanigans. Let's get on to the news...

Trending News Topics:

  • Euler Hacker return all funds (5) & Allbridge Hacker return all funds (4)
  • OPNX lauches (4)
  • Paxful Shuts Down (4)

CRYPTO

Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled. Russian Households Hold More Crypto Than Mutual Funds or Gold, Central Bank of Russia Survey Shows. Bitcoin's Huge Surge Pushes Crypto Market Cap to $1.19T, the Highest Since June.

BITCOIN & ETHEREUM

Bitcoin price bounces after CZ arrest rumors as traders eye $30K next. Bitcoin Volatility Index's Correlation With Price Flips Positive, Boosts Appeal of Bullish Call Options. On-Chain Metrics Signaling New Cycle Transition for Bitcoin, According to Glassnode. Bitcoin to Gold Correlation Surges Amid Banking Turmoil, Surpasses Stocks. Marathon mines record bitcoins in March and first quarter.(4) Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote.(3) Bitcoin in Senegal: Why is this African country using BTC? Moon Mortgage Launches Bitcoin Mortgage Product Allowing Investors To Use Their BTC As Collateral. 

Ether Rallies to 8-Month High, Gains Ground Against Bitcoin.

OPINION: Bitcoin (BTC) Bull Balaji Srinivasan Says Money Printing Will Explode at ‘Historic Scale’ Amid Fiat Currency Crisis. Bitcoin and the Changing Definition of 'Safety.'

ALTCOINS

Cardano Whales Accumulate 150 Million $ADA in Just One Month. Half Billion Dogecoin Moved by Binance in Wake of Positive DOGE News. Elon Musk's Dogecoin hype draws attention to mysterious wallet that once held $24 billion. Is Dogecoin coming to Twitter? Watch The Market Report.

STABLECOINS

Fighting a digital dollar becomes new conservative crypto cause to champion. Brazil bank BTG Pactual to issue USD-pegged stablecoin.(3) Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg.

EXCHANGES

Binance Market Share Hits Lowest Since November After CFTC Lawsuit, End of Zero-Fee Trading. OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders is Now Live.(4) Former Genesis CEO Moro joins upstart cryptocurrency derivatives exchange. Coinbase to Offer Faster Transactions on Derivatives Exchange Through Partnership With Infrastructure Provider TNS. Bitcoin marketplace Paxful to shut down, two months after LocalBitcoins closure as P2P market dwindles.(4)

OPINION: Analyzing The Toxic Relationship Between Crypto and Banks

REGULATION & TAXATION

CryptoLaw Founder Explains Why $XRP and $ETH Are Not Securities. SEC Pushes Anti-Crypto Agenda Under Guise of ‘Investor Education Resources.’ Lose Crypto Last Year? There's a Tax Upside to Your Downside. Is Michigan’s Attorney General the Tough New Anti-Crypto Sheriff in Town?

OPINION: Bitcoin ‘untouchable’ amid regulatory pressures, says analyst Mike McGlone

LEGAL CASES

Binance denies Changpeng Zhao 'CZ' faces Interpol Red Notice: Spokesperson.(2) Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say. Do Kwon Lawyers Argue SEC Acting Outside of Jurisdiction in Terra Case. SEC reaches 'agreement in principle' to resolve insider trading case of Coinbase product manager.

OPINION: The SEC's Beaxy Suit Looks Like a Coinbase Case Preview

ATTACKS/HACKS/SCAMS

South Korean authorities seize $160M in assets tied to Terra employees. Euler Says All 'Recoverable Funds' Stolen in $200M Hack Have Been Returned.(5) Allbridge DeFi Protocol Recovers Stolen Crypto, Hacker Gets Bounty.(4) Despite Being Hacked Twice BitKeep Rakes in Over $10M Users. 73.3% of Q1 rug pulls happened on BNB Chain: Immunefi.(2) Toronto Police Recover Bitcoin Funds, Victim of Crypto Scam Reimbursed.

WATCH

LISTEN

Podcast of the Day: #1182 Matt Hougan | Bitcoin or Ethereum? Institutional Investor Reveals His Answer | The Pomp Podcast

Other Podcast

  • Hyper-Bitcoinization: We Don't Need Banks | Macro With Mike McGlone & Dave Weisberger | TWOAS
  • The Global Financial Crisis 2? With Lyn Alden | What Bitcoin Did
  • FedWatch 138 - Why Aren’t Markets Crashing? | Bitcoin Magazine
  • What OPEC's Surprise Oil Production Cuts Have to Do With De-Dollarization | The Breakdown
  • Guy's Take #65 - Banks, Digital Money, and a Cat | Bitcoin Audible
  • Orwellian Vibes, IPFS, and Cryptography with Juan Benet of Protocol Labs | The Charlie Shrem Show
  • David Thompson (Cooper & Kirk) on What Can be Done about Operation Choke Point 2.0 | On The Brink
  • Is the Government Trying to Kill Off Crypto in the US? | Unchained

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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

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