🕵️ Benji Taylor has joined X to work on design, collaborating with Elon Musk and Nikita Bier. He founded Los Feliz Engineering, which developed the messaging app Honk and the crypto wallet Family, acquired by Aave Labs in 2023. Taylor served as Chief Product Officer at Aave until October 2025 and was previously Head of Design at Base. link
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🕵️ #USDC Circle has unlocked one of the 16 USDC wallets that were blacklisted after a wave of negative reaction. link
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📈 Coinbase Once Again Refuses to Support the Updated "Clarity Act" Project - The Block link
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🆕 #BTC #ETF
According to senior ETF analyst at Bloomberg, Eric Balchunas, the spot BTC-ETF (#MSBT) by Morgan Stanley has received official listing approval on NYSE, signaling an imminent launch.
He also noted that the management fee will be closely monitored, with expectations of around 0.24%, slightly lower than iShares Bitcoin Trust (IBIT). link
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According to senior ETF analyst at Bloomberg, Eric Balchunas, the spot BTC-ETF (#MSBT) by Morgan Stanley has received official listing approval on NYSE, signaling an imminent launch.
He also noted that the management fee will be closely monitored, with expectations of around 0.24%, slightly lower than iShares Bitcoin Trust (IBIT). link
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🇺🇸⚖️ A U.S. federal court ruled that a lawsuit against Nvidia and CEO Jensen Huang over alleged concealment of crypto mining-related GPU revenue can proceed as a class action.
The lawsuit covers investors between Aug. 10, 2017, and Nov. 15, 2018; plaintiffs claim Nvidia hid over $1 billion in crypto-related GPU sales and recorded them in its gaming segment, impacting its stock price.
The court found Nvidia failed to prove no price impact, with the case moving forward and a hearing set for April 21. The SEC had previously fined Nvidia $5.5 million in 2022 for failing to disclose crypto mining impacts. #regulation link
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The lawsuit covers investors between Aug. 10, 2017, and Nov. 15, 2018; plaintiffs claim Nvidia hid over $1 billion in crypto-related GPU sales and recorded them in its gaming segment, impacting its stock price.
The court found Nvidia failed to prove no price impact, with the case moving forward and a hearing set for April 21. The SEC had previously fined Nvidia $5.5 million in 2022 for failing to disclose crypto mining impacts. #regulation link
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💳 Mastercard will become a "network intermediary" between cryptocurrencies and fiat currencies after acquiring BVNK. Mizuho. link
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🇺🇸🔮 U.S. Representatives Adrian Smith and Nikki Budzinski have introduced a bipartisan bill, the PREDICT Act. This legislation aims to prohibit the president, vice president, members of Congress, and political appointees, along with their spouses and dependents, from participating in prediction markets related to political events, policy decisions, and government actions. The bill proposes a 10% fine on the contract value and the forfeiture of all profits for violations. #regulation link
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💰 Circle leads Tazapay's funding round, with a total of $36 million raised in Series B. link
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🤔 #RWA WSJ: Fannie Mae To Accept Crypto-Backed Mortgages For The First Time
- Fannie Mae to soon accept so-called crypto-backed mortgages for first time
- Better Home & Finance, Coinbase Global to announce new mortgage product
- Better-Coinbase product would allow home buyers to pledge crypto holdings when getting a Fannie-backed mortgage
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- Fannie Mae to soon accept so-called crypto-backed mortgages for first time
- Better Home & Finance, Coinbase Global to announce new mortgage product
- Better-Coinbase product would allow home buyers to pledge crypto holdings when getting a Fannie-backed mortgage
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