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Elon Musk Tweets Milady Maker NFT, Floor Price Pumps 50% In Just 3 Hours (insidebitcoins.com) On May 10, 2023, Twitter Boss Elon Musk created a short frenzy within the non-fungible token market after sharing a meme containing the instantly recognizable avatar of the popular Milady Maker NFT collection.
Ethereum ICO participant awakes after 7.7 years of dormancy [Ethereum ICO participant awakes after 7.7 years of dormancy](https://www.theblock.co/post/227826/ethereum-ico-7-years) The Ethereum ICO participant transferred only one ether to a new address — which some speculate indicates a test transaction.
Zimbabwe’s central bank to issue gold-backed digital currency: Report The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency. [Zimbabwe’s central bank to issue gold-backed digital currency: Report](https://cointelegraph.com/news/zimbabwe-s-central-bank-to-issue-gold-backed-digital-currency-report) The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country.
FTX reboot: ‘I don't see how it's possible,' says a skeptical Scaramucci [FTX revival is all but impossible in Scaramucci's view](https://www.theblock.co/post/227697/scaramucci-ftx-skybridge) The Skybridge Capital boss, whose firm is entwined with FTX, doesn't see a way for FTX to return to business.
Celsius auction set for Tuesday as Coinbase and Gemini join bidding for bankrupt firm [Celsius auction set for Tuesday as Coinbase and Gemini join bidding for bankrupt firm](https://fortune.com/crypto/2023/04/23/celsius-auction-set-for-tuesday-coinbase-and-gemini-join-bidding-for-bankrupt-firm/) Two new bidders, backed by the likes of Coinbase and Gemini, have entered the three-way auction as anxious customers wait to recover their money.
Trust Wallet to reimburse users after $170,000 security incident A vulnerability impacted wallet addresses created through the browser extension between Nov. 14 and 23, resulting in nearly $170,000 in losses. [Trust Wallet to reimburse users after $170,000 security incident](https://cointelegraph.com/news/trust-wallet-to-reimburse-users-after-170-000-security-incident) Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly $170,000 in losses for some users.
Bored Ape Creator Yuga Labs Claims 'Landmark Legal Victory' Over Copycat NFTs Yuga Labs declares victory over "scammers and counterfeiters" after winning a key legal battle over a Bored Ape Yacht Club copycat project. [Bored Ape Creator Yuga Labs Claims 'Landmark Legal Victory' Over Copycat NFTs - Decrypt](https://decrypt.co/137577/bored-ape-creator-yuga-labs-claims-landmark-legal-victory-over-copycat-nfts) Yuga Labs declares victory over "scammers and counterfeiters" after winning a key legal battle over a Bored Ape Yacht Club copycat project.
Ripple Calls For US To Adopt EU And UK Rules On Cryptocurrency [Ripple Calls For US To Adopt EU And UK Rules On Cryptocurrency](https://insidebitcoins.com/news/ripple-calls-for-us-to-adopt-eu-and-uk-rules-on-cryptocurrency) Many reforms are being expected with the new law such as putting a transaction cap of 200 million euros ($220 million) in case cryptos are being dealt with in humongous volumes.
Bored Ape NFTs Celebrate Its 2nd Anniversary – Here’s What Has Been Driving Its Growth [Bored Ape NFTs Celebrate Its 2nd Anniversary – Here’s What Has Been Driving Its Growth](https://insidebitcoins.com/news/bored-ape-nfts-celebrates-2nd-anniversary-heres-what-has-been-driving-its-growth) Bored Ape Yacht Club, an NFTs collection from digital assets firm, Yuga Labs, has turned two years since joining the nascent NFT sector.
SEC Victorious in Lawsuit Against Alleged Crypto Token Price Manipulation, Awarded $2.8M [SEC Victorious in Lawsuit Against Alleged Crypto Token Price Manipulation, Awarded $2.8M - InsideBitcoins.com](https://insidebitcoins.com/news/sec-victorious-in-suit) The SEC victorious in lawsuit against an alleged crypto token price manipulation scheme and was awarded $2.8M. Learn more here.
Ecoterra Crypto Presale Selling Fast [Ecoterra Crypto Presale Selling Fast - InsideBitcoins.com](https://insidebitcoins.com/news/ecoterra-crypto-presale-selling-fast) Ecoterra, is a blockchain-based company that encourages individuals and businesses to recycle through tokenized rewards.
FilDA Falls Victim to $700K Exploit on SEC and REI Network [FilDA Falls Victim to $700K Exploit on SEC and REI Network - InsideBitcoins.com](https://insidebitcoins.com/news/filda-hacked-falls-victim-to-700k-exploit-on-sec-and-rei-network) FilDA hacked. DeFi protocol has suffered a $700K exploit on the SEC and REI network. Stay informed about the latest developments here.
Former BlackRock Global Equities Head Running Crypto Fund Blockworks exclusive: Old Street Digital has put together one of crypto’s top teams, by TradFi standards, for sub-$10M fund [Former BlackRock Global Equities Head Running Crypto Fund](https://blockworks.co/news/blackrock-crypto-fund-old-street) Old Street Digital has put together one of crypto’s top teams, by TradFi standards, for sub-$10M fund with BlackRock vet
BAYC Creator Yuga Labs Scores Legal Victory in Ryder Ripps Lawsuit Bored Ape Yacht Club creator Yuga vindicated case against NFT copycats Ryder Ripps and Jeremy Cahen [BAYC Creator Yuga Labs Scores Legal Victory in Ryder Ripps Lawsuit](https://blockworks.co/news/bayc-yuga-labs-ryder-ripps-lawsuit) Bored Ape Yacht Club creator Yuga Labs vindicated case against NFT copycats Ryder Ripps and Jeremy Cahen via summary judgement
Chinese City To Pay Government Staff in CBDC China continues to roll out its digital yuan CBDC, this time in Changshu, a city with a population of around 1 million [Chinese City To Pay Government Staff in CBDC](https://blockworks.co/news/china-cbdc-government-salaries) China continues to roll out its digital yuan CBDC, this time in Changshu, a city with a population of around 1 million.
Crypto Hiring: Custodian Copper Adds Slate of Leaders Company focused on risk management for crypto firms and other financial institutions cuts 9% of its staff [Crypto Hiring: Custodian Copper Adds Slate of Leaders](https://blockworks.co/news/crypto-hiring-custodian-copper) Although TRM Labs made layoffs this week, the majority of the news in crypto hiring was good, as Gemini and Copper made significant hires.
If Ether’s Status Is Unclear After This Article, It’s Clearly A You Problem Gary Gensler refuses to answer the question, so we’ve gathered all the clarity in one easy-to-read article [If Ether's Status Is Unclear After This Article, It's Clearly A You Problem](https://blockworks.co/news/ether-security-commodity-gensler) The precise status of Ether, the native token of the Ethereum blockchain, is perfectly clear to any reasonable person. And here's why.
Real Examples of European Institutions Using Public Blockchains Some big European companies have made major strides in adopting blockchain technology [Real Examples of European Institutions Using Public Blockchains](https://blockworks.co/news/european-institutions-public-blockchains) From Banco Santander to UBS and Siemens, major financial and enterprise players in Europe already have public blockchains in their sights.
India starts talking about regulating crypto [India starts talking about regulating crypto](https://insidebitcoins.com/news/india-starts-talking-about-regulating-crypto) %%excerpt%%
Is Bone ShibaSwap Dead? 2 Meme Tokens For Higher Upside Potential In 2023 (TAMA, LHINU) [Is Bone ShibaSwap Dead? 2 Meme Tokens For Higher Upside Potential In 2023 (TAMA, LHINU)](https://insidebitcoins.com/news/is-bone-shibaswap-dead-2-meme-tokens-for-higher-upside-potential-in-2023-tama-lhinu) BONE is a part of the famous Shiba Inu ecosystem. Shiba Inu got created as a meme token following a tweet by Elon Musk
Will NFTs Ever Return To How They Were In Peak 2021? – Here’s What Experts Say [Will NFTs Ever Return To How They Were In Peak 2021? - Here’s What Experts Say](https://insidebitcoins.com/news/will-nfts-ever-return-to-how-they-were-in-peak-2021-heres-what-experts-say) In the summer of 2021, major crypto prices surged to record highs. Will NFTs ever retest such hype? Here's what industry experts have to say.
Mark Cuban’s NFT and Crypto Fixation [Mark Cuban's NFT and Crypto Fixation](https://insidebitcoins.com/news/mark-cuban-nft) Mark Cuban’s NFT love is not new and he has expressed it often through his Tweets. It seems he has a great vision for NFTs in upcoming years.
Mark Cuban in legal trouble over the promotion of Voyager [Mark Cuban in legal trouble over the promotion of Voyager - InsideBitcoins.com](https://insidebitcoins.com/news/mark-cuban-in-legal-trouble-over-the-promotion-of-voyager) Due to his involvement in promotions of embattled crypto firm Voyager Digital, Mark Cuban is facing a class-action lawsuit.
Ethereum: France establishes a null billion market-cap stablecoin on the ETH blockchain with Société Générale [Ethereum: France establishes a null billion market-cap stablecoin on the ETH blockchain with Société Générale](https://insidebitcoins.com/news/ethereum-france-establishes-a-1-billion-market-cap-stablecoin-on-the-eth-blockchain-with-societe-generale) %%excerpt%%
Crypto Funding: $169 Million For Custody, Infrastructure, DAO Sports League A karate league structured as a DAO raised $18 million this week [Crypto Funding: $169 Million For Custody, Infrastructure, DAO Sports League](https://blockworks.co/news/crypto-funding-custody-infrastructure-dao-sports-league) $18 million went to a Karate league DAO, as crypto funding continued to flow into more traditional custody and infrastructure projects.
Bored Apes, CryptoPunks Fall Below $100K as NFT Momentum Stalls “Blue chip” NFT projects are losing value as some trading metrics across NFT marketplaces fell to nearly two-year lows. [Bored Apes, CryptoPunks Fall Below $100K as NFT Momentum Stalls - Decrypt](https://decrypt.co/137545/bored-apes-cryptopunks-fall-below-100k-nft-momentum-stalls) “Blue chip” NFT projects are losing value as some trading metrics across NFT marketplaces fell to nearly two-year lows.
Trust Wallet fixes vulnerability after $170,000 in user losses, plans reimbursements [Trust Wallet fixes vulnerability that led to $170,000 in user losses](https://www.theblock.co/post/227730/trust-wallet-vulnerability-fix) Trust Wallet reported that it identificated and resolved of a major WebAssembly (WASM) vulnerability within its core wallet software library.
NFT Twitter Is All Good Vibes Again—On Bluesky Buzzy Twitter rival Bluesky is attracting prominent Web3 creators, artists, and collectors, some of whom are praising its early atmosphere. [NFT Twitter Is All Good Vibes Again—On Bluesky - Decrypt](https://decrypt.co/137520/nft-twitter-all-good-vibes-again-bluesky) Buzzy Twitter rival Bluesky is attracting prominent Web3 creators, artists, and collectors, some of whom are praising its early atmosphere.
Crypto Scammers Used AI to Create Fake CEO, Regulators Say California regulators are stamping out alleged AI-tinged crypto scams—including a firm that supposedly generated a fake CEO for YouTube. [Crypto Scammers Used AI to Create Fake CEO, Regulators Say - Decrypt](https://decrypt.co/137519/crypto-scammers-used-ai-create-fake-ceo-regulators-say) California regulators are stamping out alleged AI-tinged crypto scams—including a firm that supposedly generated a fake CEO for YouTube.
Arthur Hayes: Market Makers Knew They’d Be Front-Run on FTX—It Was 'Common Knowledge' BitMEX founder Arthur Hayes claims that "market makers did not want to trade on FTX," suggesting pro traders always knew the exchange was "a little bit shady." [Arthur Hayes: Market Makers Knew They’d Be Front-Run on FTX—It Was 'Common Knowledge' - Decrypt](https://decrypt.co/137506/arthur-hayes-market-makers-ftx-front-running) BitMEX founder Arthur Hayes claims "market makers did not want to trade on FTX," and pro traders always knew it was "a little bit shady."
Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code Emin Gün Sirer, whose company developed the Avalanche (AVAX) layer-1 blockchain, addressed the annual Cornell Blockchain conference on New York City’s Roosevelt Island. [Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code](https://www.coindesk.com/policy/2023/04/21/ava-labs-ceo-calls-for-crypto-regulators-who-can-read-and-audit-code/) Emin Gün Sirer, whose company developed the Avalanche (AVAX) layer-1 blockchain, addressed the annual Cornell Blockchain conference on New York City’s Roosevelt Island.
Bitcoin Whale Moves Nearly $8M After 10 Years of Inactivity A holder who hadn’t touched their crypto for a decade just moved over 279 BTC, or $7.8 million worth of the crypto, to new wallets. [Bitcoin Whale Moves Nearly $8M After 10 Years of Inactivity - Decrypt](https://decrypt.co/137493/bitcoin-whale-moves-nearly-8m-after-10-years-inactivity) A holder who hadn’t touched their crypto for a decade just moved over 279 BTC, or $7.8 million worth of the crypto, to new wallets.
Did America's crypto mayor just float the idea of running for President? [Did America's crypto mayor just float the idea of running for President?](https://www.theblock.co/post/227635/americas-crypto-mayor) America's crypto mayor Francis Suarez spoke to former Google CEO Eric Schmidt about artificial intelligence and more.
Texas ‘Proof of Reserves’ Bill Passes House of Representatives The bill would require cryptocurrency exchanges to maintain reserves ‘in an amount sufficient to fulfill all obligations to customers.’ [Texas ‘Proof of Reserves’ Bill Passes House of Representatives - Decrypt](https://decrypt.co/137482/texas-proof-of-reserves-bill-passes-house-of-representatives) The bill would require cryptocurrency exchanges to maintain reserves ‘in an amount sufficient to fulfill all obligations to customers.’
Biden’s New Communications Director Has Strong Crypto Connections President Joe Biden appointed Ben LaBolt as his comms chief recently, and he holds BTC and ETH [Biden’s New Communications Director Has Strong Crypto Connections](https://blockworks.co/news/biden-comms-chief-labolt-uniswap-a16z) President Biden's new communications chief, Ben LaBolt, holds Bitcoin and Ether, according to recent public disclosures.
Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch [Coinbase’s layer-2 blockchain Base plans for 2023 mainnet launch](https://techcrunch.com/2023/04/21/coinbases-layer-2-blockchain-base-plans-for-2023-mainnet-launch/) Coinabse's Base, an Ethereum-focused layer 2 blockchain, launched its testnet phase in February and plans on launching on mainnet this year.
Mattel Marketplace Lets You Trade Barbie and Hot Wheels NFTs Peer-to-Peer The toy manufacturer is doubling down on Web3 with ‘best-in-class experience for the fans of Mattel’s iconic brands’ [Mattel Marketplace Lets You Trade Barbie and Hot Wheels NFTs Peer-to-Peer](https://blockworks.co/news/mattel-marketplace-barbie-hot-wheels-nfts) Mattel debuts new marketplace trading feature alongside launch of fifth series of its popular Hot Wheels NFT Garage
SEC Warns Advisers to Apply 'Heightened Scrutiny' When Recommending Crypto Assets Protecting retail investors, including those seeking exposure to cryptocurrencies, remains a priority for the SEC. [SEC Warns Advisers to Apply 'Heightened Scrutiny' When Recommending Crypto Assets - Decrypt](https://decrypt.co/137461/sec-warns-advisers-to-apply-heightened-scrutiny-when-recommending-crypto-assets) Protecting retail investors, including those seeking exposure to cryptocurrencies, remains a priority for the SEC.
Correction: Rewarded.tv Has No Channel With Rhett & Link, Deal Was Misrepresented The channel was reportedly available on the service via syndication, but then pulled by Mythical once the news came to light. [Correction: Rewarded.tv Has No Channel With Rhett & Link, Deal Was Misrepresented - Decrypt](https://decrypt.co/137442/youtube-stars-rhett-link-launch-web3-channel-with-token-rewards) The channel was reportedly available on the service via syndication, but then pulled by Mythical once the news came to light.
The IRS is sending four investigators across the world to fight cybercrime [The IRS is sending four investigators across the world to fight cybercrime](https://techcrunch.com/2023/04/21/the-irs-is-sending-four-investigators-across-the-world-to-fight-cybercrime/) The IRS plans to send four investigators specialized in cybercrime to Australia, Singapore, Colombia and Germany for a 120-day pilot program.
$190B Ontario pension says no to crypto after FTX investment loss The pension fund had invested twice in the now-bankrupt crypto exchange, once during the peak of the bull run in 2021 and again in early 2022.
Solana Now Measures Network Carbon Emissions Data in Real Time The Solana Foundation claims that it is the first "major smart contract blockchain network" to broadcast its environmental impact as such. [Solana Now Measures Network Carbon Emissions Data in Real Time - Decrypt](https://decrypt.co/137441/solana-now-measures-network-carbon-emissions-data-in-real-time) The Solana Foundation claims that it is the first "major smart contract blockchain network" to broadcast its environmental impact as such.
Google Merges AI Teams Under DeepMind Banner Google parent company Alphabet is bringing its Brain and DeepMind AI teams under one roof with the launch of Google DeepMind. [Google Merges AI Teams Under DeepMind Banner - Decrypt](https://decrypt.co/137448/google-merges-ai-teams-under-deepmind-banner) Google parent company Alphabet is bringing its Brain and DeepMind AI teams under one roof with the launch of Google DeepMind.
SBF was 'constantly spreading fake rumors' about Binance chief Changpeng Zhao, exec claims [SBF spread rumors about Binance's CZ, according to Patrick Hillman](https://www.theblock.co/post/227557/sbf-rumors-cz-binance-ftx-patrick-hillman-tweet) SBF and CZ have long had a personal rivalry. “Sam denigrating CZ was the norm for us,” Patrick Hillman said on Twitter.
Bitcoin Drops to $28,000 as Macro Pressures Bite The crypto market’s negative streak continued as prices dipped for a third consecutive day, with Bitcoin briefly slipping below $28,000. [Bitcoin Drops to $28,000 as Macro Pressures Bite - Decrypt](https://decrypt.co/137449/bitcoin-drops-to-28000-as-marco-pressures-bite) The crypto market’s negative streak continued as prices dipped for a third consecutive day, with Bitcoin briefly slipping below $28,000.
Cryptocurrencies in Canada: mining vs sustainability [Cryptocurrencies in Canada: mining vs sustainability](https://insidebitcoins.com/news/cryptocurrencies-in-canada-mining-vs-sustainability) %%excerpt%%
Participate In The Future Of Social Media Polls With This Groundbreaking Crypto Project – Get In On The Presale Today And Earn Rewards (LHINU) [Participate In The Future Of Social Media Polls With This Groundbreaking Crypto Project - Get In On The Presale Today And Earn Rewards (LHINU)](https://insidebitcoins.com/news/participate-in-the-future-of-social-media-polls-with-this-groundbreaking-crypto-project-get-in-on-the-presale-today-and-earn-rewards-lhinu) the crypto community has been paying attention to LHINU, the newest meme coin. as it comes packed with a unique V2E mechanism and staking
Next Shiba Inu Love Hate Inu Raises $4.4m – Launches Viral Love-Hate Andrew Tate Voting Competition – $10K Up For Grabs [Next Shiba Inu Love Hate Inu Raises $4.4m – Launches Viral Love-Hate Andrew Tate Voting Competition - $10K Up For Grabs](https://insidebitcoins.com/news/next-shiba-inu-love-hate-inu-raises-4-4m-launches-viral-love-hate-andrew-tate-voting-competition-10k-up-for-grabs) Love Hate Inu, the revolutionary vote-to-earn (V2E) platform has launched a Love or Hate Andrew Tate competition for a chance to win $10K.
Andrew Tate Rallies Behind Bitcoin and Says that Money is Trash [Andrew Tate Rallies Behind Bitcoin and Says that Money is Trash - InsideBitcoins.com](https://insidebitcoins.com/news/andrew-tate-rallies-behind-bitcoin-and-says-that-money-is-trash) Andrew Tate rallies behind Bitcoin and has said in his recent interview with a crypto influencer that money is trash. Is he right?