Author: American Coins & Gold

ZKasino Users Plead for Refunds as M of Bridged Ether Sent to Lido
Cryptocurrency casino ZKasino went live over the weekend but the launch was met with dismay from investors, who are calling foul on the company for sending $33 million worth of user deposits to staking platform Lido.

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project’s CELO tokens, under the chain’s governance rules.

Protocol Village: Omni Network, Interoperability Protocol, Launches Mainnet on Arbitrum and Optimism
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

First Mover Americas: Bitcoin Layer 2s Have Their Moment
The latest price moves in bitcoin (BTC) and crypto markets in context for April 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Protocol Village: Foundation Behind Polkadot Reveals 10M DOT (.5M) Prize Pool After Wood Unveils JAM
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin's Unique Volatility Profile in Focus as VIX and MOVE Spike
Bitcoin’s implied or expected volatility remains positively correlated with its price as traditional market fear gauges spike amid broad-based risk aversion.

Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported citing government sources.

Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade.

Thailand to Block Access to 'Unauthorized' Crypto Platforms
Authorities in Thailand have decided to block “unauthorized” crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said.