The Block
Quick Take Layer 2 projects Arbitrum, Optimism, Polygon, StarkWare and zkSync are set to integrate with Avail’s data availability architecture. Following Avail’s upcoming mainnet launch, the integration is designed to help developers build more scalable, cost-efficient and composable chains.
Quick Take Aligned Layer raised $20 million in a Series A funding round led by Hack VC. The project is designed to serve as a verification layer for validity and zero-knowledge proofs.
Industry professionals are increasingly doubtful about the chances of approval for ether spot ETFs by the SEC in May, according to Reuters.The price of ether has fallen by over 5.5% in the past 24 hours, according to The Block’s Price Page.
Bitcoin mining difficulty rose 2% to reach a record 88.1 trillion on Wednesday in the first adjustment after last week’s halving event. It is the first time Bitcoin mining difficulty has increased immediately following a halving amid increased transaction fee rewards related to the hype surrounding Runes.
Bitcoin long liquidations spiked to almost $40 million in the past 24 hours as the price dropped to a low not seen since the lead-up to last weekend’s halving event.
Renzo Protocol has increased the token allocation for its initial airdrop from 5% to 7% in response to prior community dissatisfaction. The tokens will be distributed in two phases: 7% in the first season at the end of the month and 5% in a subsequent phase.
The famous “Buy Bitcoin” sign drawn on yellow notebook paper gained significance after being seen on TV behind then-Fed Chair Janet Yellen in 2017.A pseudonymous bidder, “Squirrekkywrath,” purchased the sign for 16 BTC (roughly $1.027 million).
Total net outflows of 11 U.S. spot bitcoin ETFs stood at $120 million on Wednesday.Eight spot Bitcoin funds, including BlackRock’s IBIT, saw zero flows, which analysts say is normal.
The brokerage firm is laying out risk managing requirements for solicited purchases of Bitcoin ETFs, AdvisorHub reported.
Quick Take The European Parliament voted on Wednesday to adopt a package of laws that would in part enhance “due diligence measures and checks on customers’ identity” including so-called crypto asset managers.
