Source: https://www.coindesk.com/web3/2023/04/06/from-nakamigos-to-magamigos-the-tricky-relationship-between-the-meme-economy-and-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity. Source: https://www.coindesk.com/tech/2023/04/06/ethereums-shanghai-upgrade-will-help-layer-2-networks-crypto-investor-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ripple has spent over $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities. Source: …

The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services. Source: https://www.coindesk.com/business/2023/04/06/avalanches-new-subnet-to-offer-blockchain-customization-for-financial-institutions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Treasury’s first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime. Source: https://www.coindesk.com/policy/2023/04/06/us-treasury-warns-that-defi-used-by-north-korea-scammers-to-launder-dirty-money/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The European Commission raises risks to privacy, openness, cybersecurity and equality in online virtual worlds Source: https://www.coindesk.com/policy/2023/04/06/eu-consultation-warns-on-risk-of-big-players-becoming-metaverse-gatekeepers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for April 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Around 100,000 users have participated in the country’s central bank digital currency pilot since it kicked off in December. Source: https://www.coindesk.com/policy/2023/04/06/india-targeting-one-million-cbdc-users-in-three-months-prioritizing-offline-transfers-sources/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Australian Securities and Investments Commission (ASIC) has cancelled Binance Australia’s derivatives license, according to a press release. Source: https://www.coindesk.com/business/2023/04/06/binance-australias-derivatives-license-cancelled-by-regulator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Memecoins outperformed the broader crypto markets in recent days, but there may be cause for caution ahead as some warn of imminent profit-taking. Source: https://www.coindesk.com/markets/2023/04/06/jump-in-shiba-inu-breed-themed-tokens-is-unsustainable-warn-crypto-traders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines