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Crypto Morning Briefing: Crypto Exchange Coinbase Receives License To Operate in Bermuda

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Top Stories

zkSync Era Surges Ahead Of Polygon’s zkEVM As It Onboards This DeFi Protocol

Noted decentralized exchange (DEX) aggregator 1inch has announced that it has deployed its 1inch Aggregation Protocol as well as its Limit Order Protocol onto zkSync Era, which is a recently-released version of Matter Labs scaling network on Ethereum. 1inch has established itself as one of the most well-known decentralized platforms thus far by successfully porting its protocol to zkSync Era.

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176.

Crypto Exchange Coinbase Receives License To Operate in Bermuda

Coinbase (COIN) has obtained a license to offer its services in Bermuda as part of its international expansion efforts, the firm announced in a blog post on Wednesday.

Tornado Cash Developer Will Finally Be Released From Jail: Report

Alexey Pertsev, the developer of crypto privacy mixer Tornado Cash, will be released from jail next week and await trial at home, according to a report from Blockworks.

CryptoPunks NFT in Centre Pompidou ‘Quite a Surprise’: Larva Labs Co-Founder

Paris' Centre Pompidou is currently hosting an exhibition called “Policies of the Immaterial: From Certificate to Blockchain,” which explores the relationship between blockchain and art. The exhibition features work from 13 French and international artists picked by the National Museum of Modern Art's acquisition committee. The exhibition also includes CryptoPunks NFTs, with a focus on #110, which is pixel art. Yuga Labs gifted the NFT to the museum, as part of the “Punks Legacy Project."

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $28,189.69 USD, dropped by 3.31% in the last 24 hours;

ETH’s live price is $1,939.89 USD, dropped by 1.67% in the last 24 hours;

BNB’s live price is $317.68 USD, dropped by 1.97% in the last 24 hours;

XRP's live price is $0.47 USD, dropped by 4.27% in the last 24 hours.

Fundraising News

Green Crypto Ecoterra Raises $2 Million in 3 Weeks – Secure Your Spot Now Before Price Rise

Ecoterra, a unique blockchain-based recycle2earn app, has surpassed the $2 million mark in its presale, attracting eager investors looking to capitalize on the growing demand for sustainable cryptocurrencies.

Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding

Web3 security firm Shield said Thursday it raised $2.1 million in pre-seed funding to build an industry standard that keeps businesses and consumers safe from potential threats.

CoinFund Leads $8 Million Series A Funding Round for Decentralized Database Firm Tableland

Decentralized cloud database Tableland has raised $8 million in a Series A funding round led by CoinFund, with participation from Multicoin Capital, Blueyard, and A Capital. The funds will support Tableland's mainnet launch, the release of new developer tools, and the debut of Tableland Studio later this year.

GPU-focused Cloud Computing Startup CoreWeave Raises $221M in Series B Funding Led

NYC-based cloud computing startup CoreWeave, which began as an Ethereum mining venture, has raised $221m in a Series B funding round led by Magnetar Capital, with participation from Nvidia, former GitHub CEO Nat Friedman and ex-Apple exec Daniel Gross.

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