Binance has been facing serious regulatory trouble, especially since the CFTC brought charges of insider trading and evading KYC against the exchange’s founder Changpeng Zhao (CZ). The latter is also facing accusations of hiding his connections and dealings with China over the years. Let’s find out more. 

Bitcoin

Mike Novogratz of Galaxy Digital has commented that Bitcoin was created by Satoshi Nakamoto precisely for the kind of over-printing and debasement of currency the world is experiencing.

Author and billionaire entrepreneur Robert Kiyosaki has urged Twitter followers to buy Bitcoin, gold, silver, and top brands before they become too expensive.

Ethereum

Ethereum developers have announced that the Shapella upgrade will take place on the 12th of April, 2023. 

Matter Labs has announced the launch of the first-ever permissionless zkEVM mainnet, called zkSync Era.

DeFi

MakerDAO recently passed a new “constitution” aimed at formalizing its governance process and bolstering decentralization.

Sushi Swap Head Chef Jared Grey has expressed his disillusionment with the state of the crypto industry as regulatory crackdowns have intensified.

The Euler Finance exploiter sent over 51,000 ETH ($89.2 million) of the stolen $200 million back to the protocol. 

Altcoins 

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Author: Amara Khatri

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