The Block
Quick Take A UK judge approved a so-called ‘worldwide freezing order’ for £6 million ($7.6 million) worth of Craig Wright’s assets. The freezing order is on behalf of Crypto Open Patent Alliance to help cover its $8,471,225 court costs for challenging Wright’s claims that he is Satoshi Nakamoto. The move was triggered by Wright moving some of these assets out of the UK.
Quick Take Prisma Finance was hacked for over $11.6 million on Thursday. Wallets tied to the hacker have so far routed over $6.5 million to the Tornado Cash mixer.
Vitalik Buterin published a new blog post on the topic of memecoins. He noted his general dislike for negative memecoins, adding that he would like to see more “good ones” make positive contributions.
The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28.The cumulative total net inflow has reached approximately $12.13 billion.Net outflows from the Grayscale Bitcoin Trust continued, with nearly $105 million leaving the product.
Chain abstraction can lower entry barriers for users, Near Protocol’s Illia Polosukhin said. It aims to simplifies the user experience by removing complex blockchain elements.
Quick Take Taiwan’s Ministry of the Interior has approved the formation of a cryptocurrency industry association. Crypto firms in the country are expected to come up with self-supervisory rules based on guidelines provided by the financial regulator.
Buterin said that rollups will need to scale internally handle increased activity and prevent fee spikes. Parallelization via EIP-648 could allow Layer 2 solutions to process multiple transactions simultaneously.
Quick Take Google recently opened up new functionality to search blockchain data on Bitcoin, Arbitrum, Avalanche, Optimism, Polygon and Fantom networks.
Quick Take Glif has launched its points program before its token launch. The Filecoin liquid leasing protocol will distribute 75 million points in the program. A source told The Block that Glif plans to convert points to its native token in a 1:1 ratio.
Bitwise filed for a spot ether ETF with the Securities and Exchange Commission amid mounting uncertainty about when the regulator might approve the new financial instrument.Earlier this month, Bitwise CIO Matt Hougan said that spot ether ETFs should ideally be approved later than May.