➡️ Daily Web3 News You Shouldn't Miss - 4/3 (Fri) Source USD: 1,510 KRW Tether (USDT): 1,519 KRW | Kimchi Premium +0.6% Pure Gold 1 Don (Buying): 980,000 KRW 1️⃣ Will the Strait of Hormuz Be Opened by Force? - Middle Eastern oil-producing nations are pushing for a UN Security Council resolution to open the Strait of Hormuz by force. ➜ However, its adoption remains uncertain due to the opposition of permanent members Russia, China, and France. 2️⃣ Coinbase: "No Plans to Launch Bank" - While Coinbase has obtained conditional approval to establish a trust company in the U.S., it has stated that it has no plans to establish a bank. 3️⃣ Circle Announces Launch of 'cirBTC' - Circle, the issuer of USDC, has revealed plans to launch 'cirBTC (Circle Wrapped Bitcoin),' which is pegged 1:1 to Bitcoin. ➜ It is designed to allow institutional investors to obtain verifiable on-chain Bitcoin investment opportunities across DeFi and traditional finance. 4️⃣ X Introduces System to Block Accounts Mentioning Cryptocurrency for the First Time - An account is automatically blocked the first time it posts a cryptocurrency-related entry, and must complete additional verification to post again. (Scam prevention possible) 5️⃣ Grayscale: “Investors Take Wait-and-See Approach Due to Soaring Oil Prices and Iran Risks” - However, according to a Grayscale report, risk-averse sentiment appears to be gradually easing as capital inflows into BTC spot ETFs and positions in the futures market continue to expand. 6️⃣ Analyst: "STO Swings, 'Playing with Fire' Ahead of Team and Investor Volume Unlock" - Stakestone (STO) has been showing volatile movements, rising approximately 22-fold in the past week and falling 73% in just one hour.