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Weekly Preview | Ethena will airdrop 750 million ENA tokens to users on April 2; the 2024 Hong Kong Web3 Carnival opens
Weekly Preview | Ethena will airdrop 750 million ENA tokens to users on April 2; the 2024 Hong Kong Web3 Carnival opens

In the coming week from April 1st to April 7th, there are still these blockchain news worthy of your attention.

PANews·2024/04/01 02:13
Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionaires
Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionaires

Quick Take Memecoin trading activity has exploded on Degen, a Layer 3 network that runs on Base, which in turn runs on Ethereum. Polygon Labs’s CEO has criticized L3 chains for drawing value and security away from Ethereum, stating that the company has no plans to work on its own L3 network.

The Block·2024/03/31 22:51
Hedge fund manager Mark Yusko predicts $150,000 Bitcoin by end of year, spurred by halving
Hedge fund manager Mark Yusko predicts $150,000 Bitcoin by end of year, spurred by halving

Mark Yusko, CEO of Morgan Creek Capital Management, said on CNBC that he expects Bitcoin’s price to go “parabolic” later in the year, hitting $150,000 as a result of the upcoming halving event.

The Block·2024/03/31 19:07
Web3 Watch: Crypto leaders insist memecoins have a purpose
Web3 Watch: Crypto leaders insist memecoins have a purpose

Plus, Ethereum’s blobs get the inscriptions treatment and Kevin Hart sells his Bored Ape

Blockworks·2024/03/31 18:40
Flash
03:34
Ansem: Hawkish FOMC may lead to a broad decline in risk assets, BTC could retest the range lows.
According to a post by trader Ansem reported by Odaily, Warsh and the hawkish FOMC may put pressure on risk assets, and risk assets are generally expected to decline tomorrow. Compared to most assets, BTC has already shown relative weakness. Ansem believes that BTC failed to break through the weekly resistance across multiple time frames and may once again test the range lows.
03:33
South Korean Financial Regulatory Authority Issues Warning to Investors on Single Stock Leveraged Products
BlockBeats News, June 18th - The Financial Supervisory Service of South Korea issued a statement warning about single-stock leverage and inverse products, reminding retail investors that the risk of such products is increasing amid stock market volatility. The increased stock market volatility has led to significant price swings in these products. The Financial Supervisory Service of South Korea stated that this warning aims to remind individual investors to be aware of the risk of losses and to encourage making prudent investment decisions. The Financial Supervisory Service of South Korea will continue to closely monitor the investment trends of single-stock leverage products. If the concern about potential losses to investors escalates, the Financial Supervisory Service will take further actions, including issuing more warnings.
03:32
Anthropic employees worry that the White House's model ban may impact IPO plans
Odaily reported that after the White House issued an emergency takedown order for the Fable 5 and Mythos 5 models, Anthropic employees became concerned about the company's IPO plans. According to reports, management faced the pressure of responding after receiving the 90-minute takedown order, and some employees were confused by the changing reasons for the removal, which shifted between "national security" and "security vulnerabilities." They are also worried that this regulatory pressure could affect the company's listing process. (The New York Times)
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