This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value.
cointelegraph.com
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow? [cointelegraph]
Nvidia’s share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
Republic First Bank closed by US regulators — crypto community reacts [cointelegraph]
Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting April 27, according to the FDIC.
‘Lost’ Yuga Labs restructures again, with layoffs, new executive [cointelegraph]
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.
Crypto Biz: X payment system, Block moves into Bitcoin mining, and more [cointelegraph]
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.
John Deaton files amicus brief in support of Coinbase appeal against SEC [cointelegraph]
The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space.
EU DeFi regulations set to welcome big banks, challenge crypto natives [cointelegraph]
New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects.
Biden’s Homeland Security team taps tech elite for AI defense board [cointelegraph]
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft and Nvidia, as well as other business, civil rights and academic leaders.
Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined [cointelegraph]
Arkham Research notified DeFi wallet owners to look at the addresses and try to retrieve their funds, which have been stuck for months in bridge contracts.
Custodia Bank takes case to higher court after March setback [cointelegraph]
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.