Daily Bits
The Hong Kong government has established a task force dedicated to promoting the development of Web3 technology. Read more here.
A ninefold gain this year has secured a seat among top cryptocurrencies for Cardano’s native token ADA, which is currently ranked the fifth-largest cryptocurrency by market value.
Former Ethereum dev Virgil Griffith was sentenced to 63 months in prison for conspiring to evade international sanctions. Read on here.
ApeX Pro launches a 50M $BANA campaign where users can claim rewards by simply making a deposit on ApeX Pro from Bybit. Read more here.
Google Cloud launched a customized package for crypto startups through Web3 Startups Program. Read more here
Merchant Moe, a decentralized exchange part of the Trader Joe franchise, is designed specifically to serve as a key liquidity hub for the Mantle Network, an Ethereum L2 Network. Read more here.
With less than a week to the end of April, crypto exchanges have already seen $1.3 trillion in volume, eclipsing February high.
Should stablecoins be regulated like banks? More, on Daily Bits.
The sluggish start to the new year has taken a turn for the worse.
The decentralized social media race has just been taken to the next level after Elon Musk’s $44 billion acquisition of Twitter. Read more here.