The Block
Quick Take Filecoin-based STFIL stated on X Tuesday that its core team members were under investigation by Chinese police. The project said a large amount of Filecoin tokens were moved to an external address.
MakerDAO has raised its debt ceiling to $1 billion for Dai allocations in USDe and sUSDe markets through Morpho. It initially has planned a total allocation of $600 million of Dai to these markets.
GBTC continues to experience significant outflows.Every other spot bitcoin ETF experienced net inflows yesterday.
Quick Take U.S. Treasury Deputy Secretary Adewale O. Adeyemo urged Congress to provide the government with “necessary tools” to combat illicit finance tied to cryptocurrencies.
Quick Take Avraham Eisenberg faces criminal fraud and manipulation charges involved with the $116 million exploit of DeFi exchange Mango Markets. Eisenberg claimed that his strategy interacted with the DeFi protocol as it was designed.
Quick Take New regulation in Argentina forcing companies and individuals that work with, and trade, digital assets to register with government seen as a step in the wrong direction by some crypto advocates. When President Milei was elected many expected it might usher in an era of greater use of crypto in Argentina.
Quick Take The Tensor Foundation, overseeing the Solana NFT marketplace Tensor, launched the governance token TNSR. TNSR enables Tensor fee discounts, allows holders to submit governance proposals and provides payment for independent security reviews.
Ether options open interest for the end of April expiry indicates an underlying bias toward upside movement and bullish sentiment in the market, an analyst said.
Coinbase and MicroStrategy have gained 8% and 12% respectively in early day trading.The stock rally comes as bitcoin climbed back above the $72,000 mark.
Quick Take The blockchain forensics firm Chainalysis hired a former chief of the U.S. Internal Revenue Service Criminal Investigations. James Lee will serve as the Global Head of Capacity Building at Chainalysis. In this role, Lee will help law enforcement, regulators and other entities build the capacity to fight illicit financial crime.
