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Crypto Morning Briefing: U.S. Court Summons Justin Sun Over SEC Charges

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U.S. Court Summons Justin Sun Over SEC Charges

A U.S. district court has summoned former TRON CEO Justin Sun over charges previously filed by the U.S. SEC, according to a court document filed April 12.

Amazon Launches New Bedrock AI Service To Take On Google and OpenAI

Generative AI models such as ChatGPT have taken the technology world by storm as they threaten to permeate the mainstream. With the announcement of Bedrock, it’s clear that Amazon’s ready to go all-in just as big tech competitors Microsoft and Google have.

FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s token, FTT, increased by over 70%, rising from $1.30 to $2.35 per unit.

DeFi Exchange Uniswap Launches Uniswap Mobile Wallet

Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet application to promote wider DeFi wallet adoption and support on-the-go trading, according to a Thursday press release.

Solana Web 3.0 Smartphone ‘Saga’ Launched; Sales From May 8

Anatoly Yakovenko, the co-founder of Solana addressed the Saga Launch Event from Solana Mobile. He said the user experience in web 3.0 has been holding users back, which is what the Saga wants to solve. The Solana mobile stack is comprised of two key components: the Seed Vault which is the hardware and the Solana dApp Store. The dApp Store allows users access Solana Decentralized finance (DeFi) protocols, NFT marketplaces, and Web 3.0 apps. Whereas the Seed Vault protects users’ seeds from malicious actors via secure hardware and AES encryption. Overall, the mobile stack has a comprehensive toolkit and an Android environment for building mobile-first dApps.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $30,330.05 USD, jumped by 1.22% in the last 24 hours;

ETH’s live price is $2,008.45 USD, jumped by 4.80% in the last 24 hours;

BNB’s live price is $324.62 USD, jumped by 1.39% in the last 24 hours;

XRP's live price is $0.51 USD, jumped by 1.67% in the last 24 hours.

Fundraising News

Fintech Helio Raises $3.3M in Seed Funding to Expand Web3 Payments Platform

London-based fintech Helio has raised $3.3M in a seed funding round led by Peak and Lightspeed Faction, with participation from RockawayX, Solana Labs, and angel investors. The company's Web3 payments platform enables merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum.

Valencia-based Kimera Technologies Raises €660K in Pre-Seed Funding to Transform Visual Content with AI

Kimera Technologies, a Valencia-based Computer Vision AI company, has closed its first investment round of €660,000 in pre-seed funding. The investment was led by investors in the Spanish ecosystem, including Addendum Capital, Adara Ventures, Bonsai Partners, and BStartup Banco Sabadell and business angels.

Bitcoin Bitcoin $64,938.47
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