Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Local stakeholders call the move a “marketing gimmick” while others say its the most efficient way to mass distribute economic stimulus.Source
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Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.Source
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.Source
Venture Capital Bitkraft Raises $220.6M for Second ‘Token’ Fund: Filing
The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy.Source
Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.Source
Ethereum’s Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.Source
Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies
The change improves support for exchanges and may bring faster development, Avalanche says.Source