DeFi

Crypto and blockchain enterprises accounted for 16% of the 655 new company registrations reported in the first quarter of 2022, according to the Dubai Multi Commodities Centre (DMCC). The rise in registrations for crypto-related products also corresponded with a quarterly period in which the DMCC reportedly achieved its 'best Q1 performance' since creation.

On March 28, 2018, the Crypto Fear and Greed Index reached the "greed" level for the first time in four months, achieving a 60. Since that day, bitcoin's USD value has decreased by more than $7,500, reaching a low of $39,200 per unit on April 11. The bear market has pushed the Crypto Dread and Greed Index back to the "severe fear" zone, where it currently stands at 22.

Three African countries — Cameroon, the Democratic Republic of the Congo (DRC), and the Republic of the Congo — are apparently considering implementing cryptocurrency and blockchain technologies powered by The Open Network (TON). Cameroon, on the other hand, is considering launching a national stablecoin based on the same blockchain network.

As the board of directors of Twitter considers Tesla CEO Elon Musk's offer to buy the entire company, the tech giant cautioned that declining it would be a breach of their fiduciary obligation to shareholders.

The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Validator hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach.