cruzcontrol (@thecaptainz) • Hey

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**CALL 1-800-MFNF** Collect to join the call for Firefly's app members. Open for 48 hours. **Make Friends, Not FOMO #MFNF**
**Psst, here is some alpha** 🤫 In the latest Web3 Wednesday session, Zers talked about the upcoming Zerion Wallet browser extension. Over 350k people are on the waitlist but there are ways to get in early... Collect the recording as NFT and listen to it right in your wallet.
The directors of Indian banks were recommended to adopt AI and blockchain by a central bank top official. [Indian banks asked 'to prepare for the future' with AI and blockchain](https://cointelegraph.com/news/indian-banks-asked-to-prepare-for-the-future-with-ai-and-blockchain) Technological disruptions, evolving customer expectations and cybersecurity threats among others have put forth new sets of risks for the banks, said RBI deputy governor MK Jain.
The value of top #NFT investments of 2022 is down by approximately 90% halfway through 2023. [Popular NFT collections take massive price hit in 2023](https://cointelegraph.com/news/popular-nft-investments-take-a-massive-hit-in-2023) Data from NFTGo shows that the Blue Chip Index went down to 7,446 ETH from its yearly high of 12,394 ETH back in July 2022.
Former Bitmex CEO Arthur Hayes believes that the price of Bitcoin could reach a new all-time high of $70K in 2024, but not until the banking crisis “powder keg” explodes later this year. [Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder](https://cointelegraph.com/news/bank-crisis-debt-ceiling-powder-keg-bitmex-arthur-hayes) Arthur Hayes, a former CEO of BitMEX believes the price of Bitcoin could reach $70,000 in 2024, but warned investors to brace themselves for further volatility in the latter half of this year.
Fresh rumors about a crypto GTA6 surfaced on Twitter in the past few days, but so far, there's no indication that Rockstar Games plans to jump into Web3. [Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?](https://cointelegraph.com/news/why-is-grand-theft-auto-6-unlikely-to-incorporate-cryptocurrencies) Cointelegraph looked at the latest rumors and facts about the possibility of an upcoming crypto GTA.
Chinese city offers companies up to $28.34M in startup investment for metaverse-related projects. [Chinese city releases policy draft for metaverse industry development](https://cointelegraph.com/news/chinese-city-releases-policy-draft-for-metaverse-industry-development) China’s Zhengzhou drives metaverse growth with a null.42 billion fund powered by a vision for a thriving metaverse industry by 2025.
WOOFI Stake 2.0 is here! If you have deposits on WOOFI, now is the time to claim your xWoo and migrate them to 2.0 as xWoo is being deprecated. If you are staking Woo on chains other than Arbitrum, you are also logging transactions on Layer Zero for potential airdrop. Talk about killing 2 birds with 1 stone. More details in their blog post below: [WOOFi introduces cross-chain staking powered by Arbitrum and LayerZero](https://woo.org/blog/en/woofi-introduces-cross-chain-staking-powered-by-arbitrum-and-layerzero) The WOO token can now be staked across seven chains to earn USDC on Arbitrum from WOOFi swap fees
I just voted "Option 1 (Only Front)" on "What is the Linea SWAG that you would like to see at upcoming events? " https://snapshot.org/#/linea-build.eth/proposal/0xda4f201a37ea08cf1892418e7b9e88f5687a68dbdc96c3ab22abaa1c7244648e #Snapshot
Happy Pizza Day frens 🤌🍕 What’s your Phaverite pizza? 👀💜 [Phaver 🦄 on Twitter](https://twitter.com/phaverapp/status/1660577368434458624) “🍕GM Frens 🤌 13 years ago, Laszlo bought 2 pizzas for 10k #BTC Today that would be worth $270M! 😱 Let's make #Bitcoin pizza day epic! 🎉 Say cheese & share your pizza pics on Phaver under "Bitcoin Pizza Day" topic. 5000 points for 3 best pics! 🏆 Join #GlobalPizzaParty 📸🍕”
An important AIP regarding changes to E-mode parameters is now live on Aave Governance. Please note that parameter changes may impact the health factor of certain positions. 🗳️ https://app.aave.com/governance/proposal/?proposalId=233
Music Monday 011 Start your week with our top picks. Read & collect ⬇️ https://investinmusic.mirror.xyz/ux4H318zQwQKMDrcmU2ilgrz_n0_I0pnCYna1PUM0W8
Final NFT, Claim To Unlocks Rewards - Conqueror What a crazy campaign! Hope you all enjoying it so far, if you haven't joined yet you still have time to earn the final #NFT that will deliver so many #rewards. Join Here https://l3.xyz/AISC More details: https://twitter.com/AlphaInsiders/status/1661027973712220160 #AlphaInsiders #AISC2023
Binance has refuted recent allegations of customer funds comingling made by a Reuters report and called a "1000 words of conspiracy theory." [Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’](https://cointelegraph.com/news/binance-customer-fund-mismanagement-denial-against-mainstream-reports) The Binance executive explained that Reuter's whole claim is based on user deposit-based USD minting, where users were making a purchase of a stablecoin that was redeemable by Paxos, which was explicitly stated on the page.
I just voted "Accept the proposal" on "[0IP-19] Reset attacker Accounts and enable oToken Transfer Mechanism" https://snapshot.org/#/0vix-protocol.eth/proposal/0x6d5c26d4baf67c2d017d4831d7a9d6d84bcb9e49a4dced9a104a976d5107c78b #Snapshot
Following the announcement, numerous community members reported difficulties in withdrawing their funds from the exchange. [Hotbit exchange halts operations, urges users to withdraw funds](https://cointelegraph.com/news/hotbit-exchange-halts-operations-urges-users-to-withdraw-funds) Hotbit exchange announced that its operating conditions worsened due to an investigation involving a former team member in August 2022.
Crypto community members took to Twitter to express their dissatisfaction with the anti-crypto actions, with some even threatening to shift their support to other parties. [Crypto community responds to US democrats backing SEC’s crypto authority](https://cointelegraph.com/news/us-democrats-backing-sec-s-crypto-authority-community-responds) A Twitter user highlighted that foreign governments would be excited at the prospect of taking the future of fintech from the United States.
The current market price of #Bitcoin is roughly 2% less than the BTC price quoted on Binance US. [Bitcoin priced on Binance.US crypto exchange at $700 premium](https://cointelegraph.com/news/bitcoin-priced-at-binance-us-crypto-exchange-at-700-premium) Amid Binance recovering from several halts of Bitcoin withdrawals, Binance US is selling BTC at a $700 premium.
I just voted "In favor" on "RFP-16: ARB Incentives for Radiant Stakeholders" https://dao.radiant.capital/#/radiantcapital.eth/proposal/0x3ddf7c759cb0633cccdaf7a579ba22f9852ef2a0af8804a49cb2f6e3f2f23b93 #snapshotlabs
Gemini CEO Tyler Winklevoss tweeted that “crypto is global” and celebrated the news that Coinbase is going international. [Coinbase going international sparks community reactions: ‘Crypto is global’](https://cointelegraph.com/news/coinbase-going-international-sparks-community-reactions-crypto-is-global) Crypto community members had mixed reactions, with some criticizing the SEC and others expressing confidence in the future of cryptocurrency abroad.
The Arbitrum-native GMX is set to integrate a low-latency oracle solution by Chainlink after over 96% of the GMX community voted in favor of the integration. [Decentralized exchange GMX votes to use Chainlink low-latency oracles](https://cointelegraph.com/news/decentralized-exchange-gmx-votes-to-use-chainlink-low-latency-oracles) Decentralized exchange GMX is set to utilize a low-latency oracle solution created by Chainlink which aims to compile price-sensitive data at higher frequencies and improve upon the user experience of derivatives traders.
Despite being rejected twice before, Cathie Wood’s ARK Invest and 21Shares are back for a third time to ask the SEC to approve the creation of their spot Bitcoin ETF. [Third time’s the charm? ARK and 21Shares again file with SEC for Bitcoin ETF](https://cointelegraph.com/news/third-time-s-the-charm-ark-and-21shares-again-file-with-sec-for-bitcoin-etf) Cathie Wood’s ARK Invest and crypto investment firm 21Shares have for the third time requested the SEC approve the creation of their spot Bitcoin ETF in the United States.
EU votes for MiCA, Rep. Davidson wants to fire Gary Gensler, SEC charges Bittrex, and other major news in regulation. [Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24](https://cointelegraph.com/news/pan-european-crypto-regulation-is-almost-here-law-decoded-apr-17-24) While MiCA technically still has to be approved by the European Council, there’s little doubt that the world’s first comprehensive crypto framework will become a reality by 2024 or 2025.
Gm @layer3.lens
Dogecoin must rise 700% to copy its Elon Musk-led rally of 2021. [Dogecoin soared 23,000% in 2021 — Is history starting to repeat for DOGE price?](https://cointelegraph.com/news/dogecoin-soared-23-000-in-2021-is-history-starting-to-repeat-for-doge-price) Elon Musk remains the common factor behind Dogecoin's 2021 and 2023 price rally.
Four years after praising Algorand as a “great technology” SEC chair Gary Gensler declared its token, ALGO, was an unregistered security. [Video of SEC chair praising Algorand resurfaces after recently deeming it a security](https://cointelegraph.com/news/video-of-sec-chair-praising-algorand-resurfaces-after-recently-deeming-it-a-security) A years-old video of SEC chair Gary Gensler giving praise to Algorand has resurfaced after the SEC deemed its ALGO token was an unregistered security in a recent lawsuit.
BNB Chain lists new 191 projects that can be potentially risky. [BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens](https://cointelegraph.com/news/bnb-chain-issues-list-of-191-high-risk-untrustworthy-dapps-and-fake-tokens) Out of the lot, three projects — CycGo, Piston token and Shorter Finance — were flagged after being suspected of being funded by assets originating from Tornado.
Elon Musk's Tesla finds out it pays to hodl Bitcoin. [Tesla selling Bitcoin last year turned out to be a $500M mistake](https://cointelegraph.com/news/tesla-selling-bitcoin-last-year-turned-out-to-be-a-500m-mistake) The price of Bitcoin has grown by more than 50% since Tesla sold null billion BTC in July 2022.
Analysts are getting more confident about BTC continuing to $33,000. [BTC price targets see $33K next as Bitcoin eyes key resistance flip](https://cointelegraph.com/news/btc-price-targets-see-33k-next-as-bitcoin-eyes-key-resistance-flip) Bitcoin analysts hope that $33,000 will be the next BTC price target.
I just voted "Yes" on "Create a Secure UniswapV3 Oracle for STG with Arrakis PALM" https://snapshot.org/#/stgdao.eth/proposal/0x9b511ccf8bd097176255da63725877de9f80caeea8a28256ff50dfad10a3820d #snapshotlabs
I just voted "In Favor" on "RFP-15: Adding ARB as a Full Collateral and Borrow Market on Arbitrum" https://snapshot.org/#/radiantcapital.eth/proposal/0xeef2590850b2815a2ebc9e09cda33df705f27b3c0aa1e7b56939a9f7e4615b95 #snapshotlabs
I just voted "Approve TIP-24" on "TIP-24: Financing a Bridgeworld Game Through Protocol Owned Liquidity" https://snapshot.org/#/treasuregaming.eth/proposal/0x7b1ebf70e9c2608f2daee828b9f2cc8f627f76268aea599f73b86bf9b98bb3ca #snapshotlabs
Elon Musk goes forward with a Twitter AI project after purchasing thousands of GPUs. [Elon Musk reportedly buys thousands of GPUs for Twitter AI project](https://cointelegraph.com/news/elon-musk-reportedly-buys-thousands-of-gpus-for-twitter-ai-project) This development came shortly after Musk hired two engineers as AI researchers.
Ethereum validators can finally withdraw their staked Ether and rewards as the Shanghai hard fork was successfully executed on Ethereum. [Ethereum’s Shapella hard fork executed on mainnet](https://cointelegraph.com/news/ethereum-s-shapella-hard-fork-executed-on-mainnet) After months of delay, Ethereum validators can now withdraw their Ether and rewards following the successful Shanghai hard fork on the Ethereum Mainnet.
Wow! 👀👀👀 FTX Europe gets a Swiss court's blessing to shop around its business. Who might be interested in acquiring it? [Swiss court gives green light for FTX to sell its European arm](https://cointelegraph.com/news/swiss-court-gives-green-light-for-ftx-to-sell-its-european-arm) Debtors for crypto exchange FTX said a Swiss court granted a petition filed by the board of directors for FTX Europe AG which would facilitate the company's sale.
Less than 1% of staked Ether is estimated to hit the market within the first week of the Shanghai hard fork. [Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode](https://cointelegraph.com/news/less-than-1-of-staked-eth-estimated-to-sell-after-shanghai-upgrade-glassnode) Around 0.94% of the total 18.1 million Ether (ETH) staked on the Beacon Chain is predicted to hit the market after the first week of Ethereum's Shanghai upgrade.
I just voted "In Favor" on "RFP-13: add wstETH (wrapped staked ETH) from Lido finance as a full collateral and borrow market " https://dao.radiant.capital/#/radiantcapital.eth/proposal/0x481e2d1878877ad503837d5545c7f38888b439503e8d6a6c9f7862915f79ccef #snapshotlabs
I just voted "In Favor" on "RFP-15: Adding ARB as a Full Collateral and Borrow Market on Arbitrum" https://dao.radiant.capital/#/radiantcapital.eth/proposal/0xeef2590850b2815a2ebc9e09cda33df705f27b3c0aa1e7b56939a9f7e4615b95 #snapshotlabs
Members of the Bitcoin Ordinals community are deliberating what to do after around 1,200 inscriptions weren’t validated due to a code bug [Bitcoin Ordinals community debates fix after inscription validation bug](https://cointelegraph.com/news/bitcoin-ordinals-community-debates-fix-after-inscription-validation-bug) Bitcoin Ordinals community members are weighing up whether to retroactively reinclude 1,200 inscriptions that were not validated after a bug caused the protocol to ignore a batch of transactions.
A new court filing alleged FTX relied on Google documents, Excel spreadsheets and Slack messages to manage its financial controls. [FTX financial controls were a ‘hodgepodge’ of apps, says court filings](https://cointelegraph.com/news/ftx-financial-controls-were-a-hodgepodge-of-apps-says-court-filings) FTX CEO John J Ray III has given a detailed account of the control failures at FTX, which included the exchange using Slack and Google documents to track some of its finances.
URGENT!!’ Sushi's head developer @jaredgrey urged users to revoke permissions for all contracts on Sushi. [SushiSwap approval bug leads to $3.3 million exploit](https://cointelegraph.com/news/sushiswap-approval-bug-leads-to-3-3-million-exploit) A bug on a smart contract on the DeFi protocol SushiSwap led to over $3 million in losses in the early hours of April 9.
**Web3 Wednesdays: Music NFTs** 🎶 **— Open Edition** Ahead of NFT.NYC, we discussed Web3 music with @coopahtroopa.lens, @levychain.lens, @invinmusic.lens, @spinamp.lens, and @evgeth.lens — hosted by @abishek.lens Collect the full episode over the next 24 hours and play it in your Zerion Wallet whenever you want.
Congressman Emmer suggested Gary Gensler “has been blindly spraying the crypto community” and working against good players, all while fumbling on the truly bad actors in the space. [Congressman Tom Emmer says SEC chair Gary Gensler is a 'bad faith regulator'](https://cointelegraph.com/news/congressman-tom-emmer-says-sec-chair-gary-gensler-is-a-bad-faith-regulator) He highlighted the SEC dealings with Coinbase in particular, stating that the firm’s attempts to work with the agency were ultimately thrown back in its face.
Bitcoin rallies? Not so fast! US money supply hits the brakes, giving Bitcoin a bumpy ride. [Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s](https://cointelegraph.com/news/bitcoin-faces-headwinds-as-us-money-supply-drops-most-since-1950s) Bitcoin may fail to hold its recent BTC price gains, warns Bloomberg Intelligence.
Binance Australia Derivatives clients cannot open new positions starting from April 14. [Binance Australia Derivatives license canceled by securities regulator](https://cointelegraph.com/news/binance-australia-derivatives-license-canceled-by-securities-regulator) The Australian Securities and Investments Commission has canceled Binance Australia Derivatives’ license following a targeted review of Binance’s operations in the country.
An NFT trader has apparently fat-fingered a 100 ETH bid for a free NFT commemorating the release of OpenSea Pro... but some claim the apparent mistake might actually be wash trading [OpenSea collector fat fingers a 100 ETH bid for a free NFT](https://cointelegraph.com/news/opensea-collector-fat-fingers-a-100-eth-bid-for-a-free-nft) A collector of OpenSea’s Gemesis NFT collection has accidentally bought one of the free NFTs for 100 Ether (ETH) on Blur, but some pundits are convinced the sale was a wash trade.
The thesis paper by Satoshi Nakamoto on Bitcoin has seemingly been hiding away in Apple’s Mac devices for around 5 years. “I was just trying to fix my printer!” the man who discovered it told Cointelegraph. [Bitcoin white paper is apparently hiding in Apple’s modern macOS](https://cointelegraph.com/news/bitcoin-s-whitepaper-is-apparently-hiding-in-apple-s-modern-macos) Technologist Andy Baio has found the Bitcoin white paper hidden away in the operating system for Apple’s Mac computers.
High compliance standards on par with those in TradFi are being set in place for crypto firms by Hong Kong's securities regulator. [Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC adviser](https://cointelegraph.com/news/hong-kong-s-crypto-rules-set-a-high-bar-for-good-reason-says-sfc-advisor) Hong Kong’s securities regulator is setting an “incredibly high” standard for crypto firms, says SFC adviser Lucy Gazmararian.
This new tool from Galxe is a brilliant go-to market strategy for any teams looking to kickstart a NFT project. [Go Beyond the Mint with Galxe Mintlist](https://blog.galxe.com/go-beyond-the-mint-with-galxe-mintlist-1058273f8491) The Ultimate Go-to-Market Strategy to Kickstart Your NFT Project
OpenSea’s answer to pro NFT aggregator tools such as Blur. [OpenSea Launches OpenSea Pro, Courting Professional NFT Traders](https://www.coindesk.com/web3/2023/04/04/opensea-launches-opensea-pro-courting-professional-nft-traders/) As part of the launch, marketplace fees will return to the main OpenSea platform at 2.5%, while Pro users will have zero fees.