The crypto briefs of April 20, 2022

  • “NFT Finance” may well accelerate the mass adoption of NFTs. Find out what this term covers in this article.
  • the International Monetary Fund (IMF) has proposed a series of measures to regulate the decentralized finance (DeFi) sector.
  • As part of the crackdown on illicit cryptocurrency asset transactions, the US Secret Service has seized over $102 million worth of digital assets, reports the website of CNBC.
  • Argentinians are very interested in cryptocurrencies, according to a survey by Americas Market Intelligence. According to data from the study, more than one in ten Argentines have made some kind of cryptocurrency investment. Additionally, 18% of respondents said they have an interest in buying cryptocurrencies in the future.
  • KuCoin Ventures launched a $100 million fund to support artists behind early-stage non-fungible token (NFT) projects.
  • Thailand’s private electricity producer Gulf Energy Development Public Company Limited invested an undisclosed amount in Binance.US through BAM Trading Services Inc.
  • robinhood continues its global expansion in acquiring the cryptocurrency company Ziglubased in the UK.

“Subject to regulatory approval, in the short term, nothing will change for current Ziglu customers. In the longer term, we will more fully integrate Ziglu into Robinhood, bring the Robinhood brand overseas, and work to expand operations beyond the UK in Europe,” the Robinhood spokesperson said.

  • The BNB chain of Binance will burn more than 1.8 million BNB (741.8 million USD) in its first burn this quarter, according to tracker data.
  • According to a recent update on the Github of Monerothe network of this privacy-focused cryptocurrency is planning a hard fork in July, at block 2,668,888. Monero is the largest privacy-focused crypto asset by market capitalization, and over the past seven days, monero has climbed 13.4% against the US dollar.

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The crypto briefs of April 20, 2022

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