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Bitcoin surged past $72,000 amid a broad market rally following reports that “Trump Canceled Obliteration Day,” before pulling back to trade above $71,000. Meanwhile, Biconomy and the Ethereum Foundation have introduced a new execution standard for AI agents, the SEC has acknowledged flaws in past crypto enforcement tied to misinterpretations of securities law, and Binance founder CZ reflects on the exchange’s turbulent history in a new autobiography.
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News Roundup
Artificial Intelligence
Introducing the OpenAI Safety Fellowship (OpenAI)
Fifth Element Star Milla Jovovich Reveals AI Memory Tool MemPalace (Decrypt)
Intel to Join Musk’s Terafab in Surprise Move, Lifting Stock (Bloomberg)
Anthropic Debuts Preview of Powerful New AI Model Mythos (TechCrunch)
Anthropic Unveils Project Glasswing to Use AI for Critical Software Security (Anthropic)
CertiK Unveils AI Auditor to Improve Early Detection of Blockchain Vulnerabilities (Crypto Briefing)
X is Rolling Out Automatic Translation and Photo Editing Powered by Grok (TechCrunch)
Meta Unveils Muse Spark, An AI Model Amid CEO Mark Zuckerberg’s Multi-Billion Dollar AI Push (Fortune)
Decentralized, Centralized, & Traditional Finance
Stabble Tells LPs to Withdraw Funds After Identifying Former North Korean Employee (The Block)
DeFi Lending's Risk-Reward Ratio Sparks Debate Between Researchers and Curators (The Defiant)
Paylocity Acquires Grayscale to Expand AI-Powered Recruiting Capabilities (Paylocity)
GSR Partners With SC Ventures-Backed Tokenization Firm Supporting its Web3 'Investment Bank' Strategy (The Block)
Circle Partners Can Now Access Stablecoin Payouts Through Circle Mint Singapore (Circle)
UBS, Sygnum, PostFinance Join Banks in Swiss Franc Stablecoin Sandbox (The Block)
Securitize Tapped to Tokenize Currenc's Ordinary Shares (The Block)
Polygon Labs Explores Raising Up to $100 Million to Launch Stablecoin Payment Unit (Crypto Briefing)
SBI Ripple Asia Receives Japanese Regulatory Green Light for XRPL Token Platform (Blockonomi)
Standard Chartered Weighs Integrating Zodia Custody With Corporate Bank Arm (The Block)
Hong Kong Mortgage Corp Weighs World’s Biggest Digital Bond Sale (Bloomberg)
Circle Rolls Out USDC Payments Platform That Lets Users Pay Without Holding Stablecoins (The Block)
Partner of World Liberty Linked to Sanctioned Cambodian Scam Company (Decrypt)
Exchanges
Coinbase Plans Expansion to Stock Trading in Australia After Securing License (Cointelegraph)
MEXC Targets EU MiCA Compliance as New CEO Takes Helm (Cointelegraph)
Exchange-Traded Funds
Morgan Stanley's Bitcoin ETF Set to Launch on April 8 (The Defiant)
On Apr. 7, U.S. Bitcoin spot ETFs recorded $159.05 million in net outflows.
U.S. Ethereum spot ETFs logged $64.67 million in net outflows on Apr. 7.
U.S. Solana spot ETFs saw $15.40 million in net outflows on Apr. 7.
U.S. XRP spot ETFs posted $3.32 million in net inflows on Apr. 7.
New XFUNDS ETF Toggles Between Bitcoin Overnight and Treasuries by Day (The Block)
ARK Buys $13M in Robinhood as US Treasury Taps Platform for Trump Accounts (Cointelegraph)
Infrastructure
'Blocks Are Dead. Long Live Blobs': Ethereum Researchers Explore Upgrade to Ease Validator Data Burden (The Block)
Ethereum Foundation Swaps 5,000 ETH Into Stablecoins for Operational and Grant Funding (The Block)
Biconomy, Ethereum Foundation Unveil Execution Standard for AI Agents (The Defiant)
Cloudflare Targets 2029 for Quantum-Safe Internet as Threat to Bitcoin Looms (Decrypt)
Markets
AAVE Slides Below $90 as Contributor Departures Weigh on DeFi's Largest Lender (The Defiant)
Bitcoin Price Surges to Nearly $72,000 Amid Global Rally After ‘Trump Canceled Obliteration Day’ (DL News)
Bitcoin Spikes Over $72K as Trump Announces Conditional Ceasefire With Iran (Decrypt)
Binance Sees $2.7B BTC Buying Surge as Ceasefire Sparks Risk-On Shift (CryptoQuant)
Traders Place Large $950 Million Bet on Oil Price Falling Hours Ahead of Ceasefire (Reuters)
Meme Coins
Moo Deng Meme Coin Rises After Man Fined for Entering Viral Pygmy Hippo's Den (Decrypt)
Mining
Cango Sells 2,000 BTC, Cuts Bitcoin Production Cost by 19% in March (Cointelegraph)
Iran’s Bitcoin Hashrate Falls 77% Over the Past Quarter Amid Conflict (Cointelegraph)
Non-Fungible Tokens
Yuga Labs Settles Bored Ape NFT Lawsuit, Ending Fight Over Alleged Copycat Tokens (CoinDesk)
Politics & Regulation
FDIC Proposes Ruleset for Stablecoin Issuers Following GENIUS Enactment (The Block)
U.S. Treasury to Propose Demands that Stablecoin Firms be Set to Police Bad Transactions (CoinDesk)
Inside Operation Atlantic’s Push to Disrupt Crypto Scams in Real Time (Cointelegraph)
SEC Admits 'Flaws' in Past Crypto Enforcement, Cites Misreading of Securities Law (The Block)
South Korea to Bring RWAs and Stablecoins Under Existing Financial Frameworks (The Block)
White House Economists Say Stablecoin Rewards Won’t Harm Banks (Bloomberg)
South Korea Tightens Crypto Withdrawal-Delay Exemptions After Scam Losses (Cointelegraph)
Thailand Proposes Tighter Scrutiny of Funders Behind Crypto Firms (Cointelegraph)
Iran Eyes Crypto Toll For Oil Tanker Transits Through Strait of Hormuz (CoinDesk)
Venture Capital
Pharos Lands a $1 Billion Valuation in $44M Funding Round Ahead of Mainnet Debut (CoinDesk)
Other News
Crypto Billionaire to Prison: CZ’s Autobiography Revisits Turbulent Binance Era (Cointelegraph)
Check This Out!
Bitcoin’s total transaction fees have fallen to multi-year lows, signaling reduced on-chain activity despite recent price volatility.
Source: Glassnode
Meme of the Day
Source: Odd-Radio-8500
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