The allure of meme coins seems irresistible to the hedge fund industry. Last December, when Dogwifhat (WIF) became the hottest token in the cryptocurrency space, Stratos, whose limited partners include venture capitalists Marc Andreessen and Chris Dixon, was not the only hedge fund to venture into meme coins.
AlexZKasino faces backlash for misusing $33M in funds, misleading investors with unfulfilled technology promises, leading to accusations of fraud and distancing by investors.
MiyukiA false CBN circular spurs fears, leading to widespread uncertainty and potential crackdown on crypto exchanges in Nigeria, affecting traders and market stability.
WeiliangCZ’s sentencing date is set for 30 April, following a settlement reached between him and Binance with the US Department of Justice in November 2023.
CatherineChinese media reports that the first Bitcoin and Ethereum spot ETFs will be listed in Hong Kong at the end of April, but mainland investors are prohibited from trading them.
AlexHong Kong is launching Asia's first spot Bitcoin and Ether ETFs, potentially establishing itself as a crypto hub in the region, though mainland Chinese investors are currently restricted. The move could trigger a ripple effect across Asia, encouraging other regulators to explore similar initiatives, potentially reshaping the regional crypto investment landscape.
WeatherlyBlackRock's IBIT recorded its first $0 inflow day, breaking a 71-day streak, while other ETFs also faced outflows, signaling a temporary market downturn.
MiyukiVitalik Buterin criticizes ZKasino for exploiting zero-knowledge proofs, leading to a $32M rug pull and significant backlash from the crypto community.
WeiliangAllegations suggest that the crypto mixer was involved in processing $2 billion worth of illicit transactions and enabling money laundering activities totalling $100 million.
KikyoWorldcoin faces an orb shortage as demand for its iris-scanning technology surges. Despite challenges, Worldcoin aims to revolutionise finance through biometric authentication and blockchain innovation.
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