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Cointime News Wrapup-Afternoon Version: J.P. Morgan, PNC Among Suitors for SVB Holding Company
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
Golden Finance reported that according to data, the current market value of MEME coin is 57.872 billion US dollars, with a 24-hour increase of 2.1%. In addition, in the past 24 hours, the global trading volume of Meme coin has reached 5.6 billion US dollars. Among them:
Grayscale Ethereum Trust (Grayscale ethereum trust) plans to go public on the NYSE Arca (New York Stock Exchange Growth Board Market) with the code "ETHE".
According to HODL15Capital data, on April 23, GBTC had a net outflow of $67 million, while the Belad IBIT had a net inflow of $37.8 million, EZBC had a net inflow of $2 million, and BITB had a net inflow of $23 million. Based on current data, only $4.2 million is needed for net inflows for spot Bitcoin ETFs.
The market shows that BTC has broken through $67,000 and is now trading at $67,018.39, with a daily increase of 0.85%. The market is volatile, so please be prepared for risk control.
Decentralized AI platform Prime Intellect has announced the completion of a $5.5 million seed round of financing, led by Distributed Global and CoinFund, with Compound also participating. The funds will be used to build a computing platform that enables decentralized training across instances, and to achieve shared ownership of artificial intelligence models through contributions of computing power, code, data, capital, or expertise.
Turnkey, a cryptocurrency wallet infrastructure company, has raised $15 million in Series A funding led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. The project concluded in October of last year and raised $7.5 million in seed funding starting from 2022. Turnkey was co-founded by two former Coinbase employees who helped build the company's cryptocurrency exchange custody service, with the aim of helping application developers build user-friendly blockchain wallets.
Cross-chain infrastructure Magpie Protocol published an article stating that there is a vulnerability in the contract and urging users who have authorized its contract and still hold funds in their wallets to cancel the relevant contract authorization on each chain as soon as possible.
SlowMist security team has exposed a new type of cryptocurrency scam. This scam uses the remote procedure call (RPC) function of modified Ethereum nodes to commit fraud. The specific process of the scam is as follows: the scammer induces the user to download the imToken wallet and gain the user's trust by using 1 USDT and a small amount of ETH as bait. Then, the scammer guides the user to change their ETH's RPC URL to the node controlled by the scammer. The node uses Tenderly's fork function to falsify the user's USDT balance. When the user sees the incorrect balance, they may attempt a transfer, but the scammer has already disappeared. According to SlowMist Technology's report, this type of scam exploits users' trust and negligence, resulting in asset losses. The SlowMist security team reminds users to remain vigilant when trading and avoid using untrusted RPC nodes.
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