Tuesday April 4, 2023
◾ Canadian crypto exchanges WonderFi (WNDR), Coinsquare and CoinSmart (SMRT) are merging to create Canada's largest regulated crypto asset trading platform with 1.65 million registered users. (Newsfilecorp)
◾ President Biden is preparing to meet with his science and technology advisers to discuss the “risks and opportunities” that the rapid advancements of AI poses for individual users and national security. (Abcnews)
◾ Binance and CEO Chanpeng Zhao (CZ) are denying social media reports that CZ had been placed on an Interpol Red List. (Twitter)
Government & NGO Actions
◾ The SEC announced plans to promote free investor resources as part of April’s National Financial Capability Month highlight cause should be exercised when investing in cryptocurrencies. (Sec.gov)
◾ Kenya is discussing legislation that will refine the definition of securities to include “digital currencies.” (News.bitcoin)
Public Company Releases
◾ INX Digital (INXD) is the first company to tokenize shares of a traditionally traded stock company -- Greenbriar Capital (TSXV). (Cision)
◾ Argo Blockchain (ARBK) mined 161 bitcoin selling 110% of monthly production during March. (Argoblockchain)
◾ Marathon Digital (MARA) producing a record 825 bitcoin(11.5 EH/s) in March selling 750 BTC to support monthly operations. (Globenewswire)
◾ Cipher Mining (CIFR) produced 413 bitcoin (5.7 EH/s) and sold 450 bitcoin in March. (Globenewswire)
◾ Iris Energy (IREN) increased its operating hashrate to 2.8 EH/s. (Globenewswire)
◾ Bitfarms (BITF) mined 424 bitcoin, added 30 BTC to treasury, and selling 394 BTC in March. (Globenewswire)
◾ CleanSpark (CLSK) sold 84% of its monthly bitcoin production (598) in March. (Globenewswire)
◾ Bakkt (BAKKT) completed the acquisition of Apex Crypto. (Sec.gov)
Restructuring, Losses and Legal News
◾ Lawyers for Terraform Labs founder Do Kwon are arguing that the US Securities and Exchange Commission is acting outside its jurisdiction. (Beincrypto)
◾ Prosecutors in Seoul have confiscated $160 million worth of assets from eight people connected to Terraform Labs. (Cointelegraph)
Protocols, Applications & Business News
◾ Ahead of the latest CFTC action, Binance has been actively working to reconfigure their lobbying and government relations programs in Washington. (Dlnews)
◾ Decentralized wallet KuCoin Wallet is rebranding at Halo Wallet. (Medium)
◾ S&P Global is looking to hire a Director of DeFi. (LinkedIn)
◾ Twitter temporarily changed the home button to an image of a Shibu Inu dog spurring a jump in the price of dogecoin. (Bloomberg)
AI Announcements
◾ The Masters golf tournament is working with IBM to use generative AI to create automated audio commentary for more than 20,000 video clips at this year’s event. (Sportspromedia)
◾ Chinese-based AI company SenseTime is preparing to launch a challenger to ChatGPT. (Bloomberg)
Metaverse Briefings & Activations
◾ Jack Daniel’s has launched an augmented reality app that allows users to tour its distillery. (Youtube)