Crypto Publish 🪙 Shilling

CryptoPunks face backlash while DMarket leads NFT sales The top-ranking non-fungible token collection for Monday was DMarket, which recorded sales of US$742,104, with 4,016 unique buyers and 3,648 sellers engaging in 34,740 transactions. The second-ranking collection of the day, Fantasy Top, experienced a big daily sales dip to US$682,369 from the previous day’s US$1.80 million, according to CryptoSlam’s NFT rankings.

🚨 LAST CALL | Groundbreaking Alert! 🚀 Introducing $BCCOIN's #BlackCardCoin – the world’s first limitless crypto credit card! 🌐 🔹 T1 Listings This Week: Major exchange listings are just around the corner! 🔹 1000x Potential: Experts predict explosive growth in just a few weeks! 🔹 $200M Joint Venture: Talks for a massive USDT joint venture have begun! 🔹 Last Call: Don’t miss your chance before our big launch on WorldPress! This is a once-in-a-lifetime opportunity to be part of the future of finance. Invest now and ride the wave of success with us! 🚀💰 🔗 @BlackCardCoin / matrix.blackcardcoin.com 🔗 [Buy & Stake] => blackcardcoin.com 🔗 [Buy in CEX] => matrix.blackcardcoin.com 🔗 [Buy in DEX] => 0x.pro/BuyOnPancakeSwap 🔗 [CertiK Audit] => https://skynet.certik.com/projects/bccoin #CryptoRevolution #InvestSmart #CryptoCreditCard #BlackCardCoin

Bitfinity Integrates EVM for Bitcoin DeFi with Runes Bitfinity, a layer 2 Bitcoin protocol operating over the Internet Computer (ICP), has Deployed EVM to allow for the transaction of smart contracts and DefI apps on Bitcoin through Runes. Bitfinity EVM allows the developers to deploy BTC-centered Solidity smart contracts so they can transmit BTC, Ordinal, or Runes. This integration is to capitalize on the new Bitcoin protocol called Runes that enables the minting of fungible tokens on the Bitcoin blockchain.

Coinbase's Base could make it the NVIDIA of DeFi Coinbase’s first-quarter earnings report — released May 2 — indicated the company has been thriving thanks to a vibrant market for Bitcoin and Ethereum over the last several months. However, the numbers indicated Base platform has shown even greater potential — and could make Coinbase the NVIDIA of decentralized finance (DeFi). Launched in August 2023, Base is a secure, low-cost Ethereum layer-2 solution built to scale Coinbase’s user base on-chain to make transactions faster.

Block Is Buying Bitcoin Every Month for Its Balance Sheet Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around the world to participate in a global monetary system and secure their own financial future,” the company stated.

DeFi DAO introduces permissionless listings with AI enhancement Ooki, a decentralized finance DAO, innovates by combining artificial intelligence and permissionless listings. The decentralized finance (DeFi) space is crowded with thousands of tokens with varying use cases, while coins with new utilities emerge occasionally. While enriching the DeFi ecosystem with diverse investment options, this proliferation of tokens also introduces a significant challenge for users.

SEC asks for comments on BlackRock's amended spot Ethereum ETF proposal The U.S. Securities and Exchange Commission is asking for public comments on changes made to BlackRock's proposed spot Ethereum exchange-traded fund. The world's largest asset manager is vying along with others for a spot Ethereum ETF, though optimism that one could get the SEC's greenlight in the next month has diminished. BlackRock filed for its spot Ethereum ETF in November 2023.

IRS Previews Potential Form 1099-DA for Reporting Brokered Sales of Digital Assets The U.S. Internal Revenue Service has previewed a draft tax form, 1099-DA, for crypto investors to report taxable gains or losses from brokered digital asset transactions. The form includes individual token codes, spaces for wallet addresses, and instructions on finding transactions on the blockchain. Cryptocurrency businesses are concerned about how the IRS will identify brokers required to comply with the new system. The final rule is expected to be completed this year.

MarginFi outflows $190M as CEO rage quits amid token controversy Nearly $200 million of user funds have exited Solana-based lending protocol MarginFi over the last two days amid an abrupt resignation of the platform’s CEO and followed by accusations of wrongdoing from its competitors. On April 10, the now-former CEO of MarginFi, Edgar Pavlovsky, suddenly announced he had resigned from MarginFi, citing disputes that had arisen from both within his firm and from outside of it.

Nansen exposes Arkham’s dubious $55m transfers in ARKM via Binance Blockchain forensics firm Nansen has uncovered Arkham’s shady $55 million transfers in ARKM, suggesting potential sales on Binance. Arkham Intelligence, a blockchain deanonymization platform backed by Binance and others, has found itself in hot water after its rival Nansen revealed that Arkham sent over $55 million in ARKM tokens to unlabeled addresses, which then allegedly sold the tokens on Binance. In an X thread on Apr. 4, Nansen wrote that Arkham had moved over 25.2 million ARKM tokens over the past few days, with most of the funds gone to “wallets unlabeled on their platform, where a significant portion has moved to Binance.” Among the recipients, two addresses sent over 2.6 million ARKM tokens directly to a Binance market-making address, Nansen said, adding that another two routed the funds through new addresses before eventually reaching a different Binance address, prompting intrigue over the complexity of the transfers. Nansen noted there are still remain 200,000 ARKM that have not yet been transferred to Binance, However, the possibility remains open, with recent activity suggesting a potential future move to the exchange, the firm added. Founded in 2020, Arkham Intelligence gained prominence for disclosing numerous crypto addresses, offering valuable insights to blockchain researchers. The platform secured funding from various investors, including Bedrock Capital, D1Ventures, Draper Associates, Sam Altman, and notably, Binance, which not only supported Arkham through its venture arm, Binance Labs but also assisted in raising $2.5 million via Binance Launchpad, the exchange’s crowdfunding platform for startups. As of press time, Arkham Intelligence made no public statements regarding the revelations, leaving uncertainties about whether the token sales originated from the Arkham team or its backers.