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April by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

April by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take

  • Total adjusted on-chain volume increased by 40%, to $831 billion.
  • A total of 137,088 Ethereum, equivalent to $429 million, was burned.
  • Monthly volume of NFT marketplaces on Ethereum increased by 21.6% to $7.2 billion.
  • Centralized exchange spot trading volumes decreased by 6.7% to $694.6 billion.
  • Except for Ethereum options volume, derivatives open interest and trade volumes declined across the board.

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Samsung Asset to list blockchain ETF on Hong Kong Exchange: report

It will the first ETF that tracks cryptocurrencies and blockchain tech companies to list in Asia. 

The post Samsung Asset to list blockchain ETF on Hong Kong Exchange: report appeared first on The Block.

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Belgium’s FSMA takes step toward regulating crypto businesses: report

A recent report showed that almost 2.5% of Belgium’s population holds crypto.

The post Belgium’s FSMA takes step toward regulating crypto businesses: report appeared first on The Block.

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Solana restarted after seven-hour outage caused by surge of transactions

Engineers were still investigating why the network was unable to recover from the crush of transactions that caused the outage, a Twitter post said.

The post Solana restarted after seven-hour outage caused by surge of transactions appeared first on The Block.

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Three Arrows Capital plans to move headquarters to Dubai from Singapore: reports

Dubai’s low tax rates, pro-business and crypto-friendly policies have attracted a recent inflow of crypto firms.

The post Three Arrows Capital plans to move headquarters to Dubai from Singapore: reports appeared first on The Block.

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Otherside land NFTs sell out in hours as Yuga Labs rakes in $317 million

In the end, on-chain data revealed the Otherdeed gas war led to the sale running up an additional $172 million in transaction fees.

The post Otherside land NFTs sell out in hours as Yuga Labs rakes in $317 million appeared first on The Block.

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Buffett extols importance of cash over ‘new form of money’: reports

Legendary billionaire investor said Berkshire Hathaway would “always have a lot of cash on hand.”

The post Buffett extols importance of cash over ‘new form of money’: reports appeared first on The Block.

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A conversation with Solana’s new 14-year-old intern, Gajesh Naik

Quick Take

  • Gajesh Naik, a 14-year-old boy from India, recently joined Solana Labs as an intern.
  • The Block sat down with Naik to discuss his crypto journey and what he hopes to do for Solana.

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Swiss National Bank not ready to hold bitcoin as reserve currency: Reuters

“We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,” Chairman Thomas Jordan said.

The post Swiss National Bank not ready to hold bitcoin as reserve currency: Reuters appeared first on The Block.

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Hackers steal $80 million from Rari Capital’s lending pools

DeFi platform Rari Capital exploited for assets owned by Fei Protocol.

The post Hackers steal $80 million from Rari Capital’s lending pools appeared first on The Block.

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