U.S. SEC Extends Review of Franklin Templeton's Spot Ethereum ETF | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance to launch spot copy trading in May.
• Ontario Superior Court of Justice charges Binance with selling crypto derivatives to retail investors without registration.
• Coinbase Wallet to launch a smart wallet, and developers can join their early adopter list.
• Bitget clarifies that "Bitget Pro" is a scam that impersonates the Bitget brand and has nothing to do with the Bitget exchange. Individuals are reminded to exercise caution.
• Bitget PoolX to launch the Playbux (PBUX) mining project. Users can stake BGB and USDT to earn hourly mining profits.
• HTX launches its 24th PrimePool round, where users can lock up HTX to share in a prize pool of 300,000 RTF.

2. Cryptocurrency Trends:

• U.S. SEC delays its decision on Franklin Templeton's spot Ethereum ETF.
• Stacks begins the Nakamoto upgrade at block height 840,360, which will be completed in May.
• Ledger Live to provide instant crypto purchase processing through MoonPay.
• LayerZero: As the TGE is approaching, applications should ensure their contract information is registered on LayerZero Scan.
• PayPal and EnergyWeb partner to develop a clean energy verification platform to reward Bitcoin miners who use low-carbon energy sources.
• Venezuelan state-owned oil company PDVSA plans to increase its use of cryptocurrencies like USDT for crude oil exports; Tether says it will freeze addresses related to sanctioned entities in Venezuela.
• MAP Protocol enters into a strategic partnership with Orient Asset Management (Hong Kong) to provide research and development support for digital assets and RWA products for traditional financial institutions.
• ZeroLend hints at the launch of its ZERO token on April 29.
• Brazilian digital bank Nubank adds support for deposits and withdrawals of Bitcoin, Ethereum, and Solana.

3. Financing Trends:

• Uncharted, a crypto gamification layer project, raises $1.7 million in seed round funding led by Shima Capital.
• Turnkey, a wallet developer, raises $15 million in a funding round led by Lightspeed Faction and others.
• Prime Intellect, a decentralized AI development platform, raises $5.5 million in seed round funding led by CoinFund and others.

4. Regulatory Trends:

• The U.S. SEC asks a court to impose a fine of over $5.2 billion on Terraform Labs and Do Kwon.
• Ripple files an objection to the SEC's motion to impose a $2 billion fine on the company.
• Thailand's Prime Minister states that the cabinet has approved the crypto wallet policy framework in principle.
• The Filipino Securities and Exchange Commission asks Google and Apple to remove the Binance app from their app stores in the Philippines.