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BlackRock's $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund's board
BlackRock's $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund's board

BlackRock has announced that Moonpay’s top lawyer will join the board of BlackRock’s $IBIT spot Bitcoin ETF, one of the top contenders in the market.Haswell is also a member of the Core blockchain’s founding team.

The Block·2024/04/28 19:22
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools

Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.

Cointelegraph·2024/04/28 11:40
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)

SOL, TON, MATIC, ICP, and NEAR have also posted impressive gains over the past 24 hours.

Cryptopotato·2024/04/28 09:13
Flash
  • 14:21
    The cross-chain settlement layer Union has established a foundation and will release a token economic model
    The cross-chain settlement layer Union has announced the launch of the Union Foundation. The Union Foundation is an independent organization dedicated to building a safer, decentralized, and interoperable Web3. Its core focus is on funding initiatives that support the Union network, and it encourages its development through maintenance, continuous development, and creation of decentralized applications (dApps), including grant programs and the Union Fellowship program. The Union Foundation has announced that it will soon release a token economic model, and the mainnet of Union will also be launched soon.
  • 14:19
    The New York Attorney General seeks to subpoena the fraudster who stole $2.2 million in cryptocurrency through NFTs
    New York State Attorney General Letitia James is suing a fraudster suspected of stealing $2.2 million worth of cryptocurrency. James' office said on Thursday that they plan to subpoena these unidentified scammers by placing an NFT in the scammer's cryptocurrency wallet. The NFT will contain a link to a website with documents detailing the lawsuit. The office stated this would be the first time regulators use an NFT to subpoena alleged criminals.
  • 13:27
    After unanchoring from USD0++, Usual plans to activate the profit switch function and initiate 1:1 early redemption of collateral to stabilize the ecosystem
    RWA stablecoin issuer Usual announced on the X platform that it has recognized the significant community response triggered by its collateralized stablecoin USD0++ deviating significantly from 1 US dollar. Therefore, a series of measures will be launched to address user concerns and stabilize the ecosystem. It is reported that the "Revenue Switch" feature is scheduled to launch on January 13th, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly income to be about $5 million, under current conditions annual return rate will exceed 50%. These distributions will take place once a week in order to consolidate USUAL's actual value, balance its economic model and revenue generated by the protocol. (The Revenue Switch function of Usual will officially start when more than 50% of USUAL tokens are pledged as USUALx. If this requirement is not met, it will automatically activate on February 1st, 2025. Once activated, all profits (up to $5 million per month) will flow towards those who have staked their holdings in USUALx in form of USD0.) In addition, the Usual Protocol team also stated that they would launch a "1:1 Early Redemption" feature next week which allows users to exchange USD0++ at an exchange rate of one dollar but requires them to forfeit some accumulated rewards as punishment.
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