Bitpush editor selects Web3 news for you every day:
[ Avail announces airdrop qualification query website, total airdrop amount is 600 million AVAIL]
Avail announced the airdrop details on the X platform and opened an airdrop qualification query website. The total amount of airdrop is 600 million AVAIL. The airdrop targets and the number of AVAIL tokens are as follows:
Ecosystem developers: 90 million AVAIL;
Incentivized testnet contributors: 49.5 million AVAIL;
Highly active users of Arbitrum One, OP Mainnet, Polygon zkEVM, Starknet , and zkSync , 380 million AVAIL;
Polygon PoS stakers: 70 million AVAIL;
Community Contributors: Individuals who have made significant contributions to the ecosystem in terms of education, advocacy, and governance: 10.5 million tokens.
[ Coinbase International Exchange will launch WIF perpetual contract]
Coinbase International Exchange and Coinbase Advanced announced that they will add support for the Dogwifhat (WIF) perpetual contract. The WIF-PERP trading pair will begin on or after 9:30 AM UTC on April 25, 2024.
[ Fed Kashkari: It may take until 2025 to cut interest rates]
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said in his speech that once inflation continues to fall back to 2%, the United States can cut interest rates, but it needs to wait patiently until it is sure that inflation has fallen. It may have to wait until 2025 to cut interest rates. As political pressure increases, the Federal Reserve is paying more attention to its own mission.
[10x Research Co-founder: Bitcoin may fall to $50,000 in the next few weeks]
Markus Thielen, co-founder of 10x Research, said that Bitcoin could fall to $50,000 in the coming weeks as macroeconomic uncertainty looms over the cryptocurrency market. He said: "I would not give any credit to the halving because I don't think the halving is the main driver, but more significant macro factors."
Thielen analyzed: "We no longer have the typical drivers that really push prices from $40,000 to $70,000 area. The main reason behind this is the spot Bitcoin ETF. In the past few weeks, as investors have passed the initial excitement period of the launch in January, the Bitcoin ETF has seen almost no new inflows."
[Source: Coinbase's new New York office doubles in size, lease expires in 11 years]
According to The Block, people familiar with the matter revealed that Coinbase is moving to a new office in New York and will no longer use the previous office space at 55 Hudson Square. It is revealed that Coinbase has signed an 11-year lease, and the new address is located in One Madison in the Flatiron District of Manhattan, with an area of 67,208 square feet. The area of the office is about twice that of the previous office, but the company has neither changed its remote work policy nor stated that it will expand its team in New York.
This isn’t the only lease Coinbase has signed in recent months. Last summer, the company began leasing 40,000 square feet of office space in the Bay Area, California, as SFGate reported.
According to sources, the exchange’s headcount has remained relatively unchanged this year. The company’s annual financial report filed with the U.S. Securities and Exchange Commission shows that the company had 3,416 employees as of the end of 2023.
[ Tether CEO: We are working hard to establish relationships to obtain audits from the Big Four accounting firms]
Tether CEO Paolo Ardoino said in an interview that the Big Four accounting firms (Deloitte, PwC, EY and KPMG) dare not work with Tether because they are worried that it will damage their reputation. But he said that ensuring that one of the Big Four accounting firms serves as Tether's auditor is a "top priority."
Ardoino added that stablecoin providers like Tether and Circle may not be as profitable as traditional financial firms because the blockchain-recorded assets make them easier to audit. “We are working on building relationships to get audits from the Big Four,” he said.
Author: BitpushNews Mary Liu
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