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Weekly Preview | Ethena will airdrop 750 million ENA tokens to users on April 2; the 2024 Hong Kong Web3 Carnival opens
Weekly Preview | Ethena will airdrop 750 million ENA tokens to users on April 2; the 2024 Hong Kong Web3 Carnival opens

In the coming week from April 1st to April 7th, there are still these blockchain news worthy of your attention.

PANews·2024/04/01 02:13
Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionaires
Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionaires

Quick Take Memecoin trading activity has exploded on Degen, a Layer 3 network that runs on Base, which in turn runs on Ethereum. Polygon Labs’s CEO has criticized L3 chains for drawing value and security away from Ethereum, stating that the company has no plans to work on its own L3 network.

The Block·2024/03/31 22:51
Hedge fund manager Mark Yusko predicts $150,000 Bitcoin by end of year, spurred by halving
Hedge fund manager Mark Yusko predicts $150,000 Bitcoin by end of year, spurred by halving

Mark Yusko, CEO of Morgan Creek Capital Management, said on CNBC that he expects Bitcoin’s price to go “parabolic” later in the year, hitting $150,000 as a result of the upcoming halving event.

The Block·2024/03/31 19:07
Web3 Watch: Crypto leaders insist memecoins have a purpose
Web3 Watch: Crypto leaders insist memecoins have a purpose

Plus, Ethereum’s blobs get the inscriptions treatment and Kevin Hart sells his Bored Ape

Blockworks·2024/03/31 18:40
Flash
21:25
Kentucky takes action against prediction markets, conflicting with the Trump campaign's position
Kentucky has taken action against prediction markets. Former U.S. President Trump believes that states do not have the authority to interfere with companies like Kalshi and Polymarket, but Kentucky has acted contrary to this view.
21:23
Iran and the United States sign memorandum of understanding, confirming the collection of service fees for the Strait of Hormuz
Iran stated it has signed a memorandum of understanding with the United States, confirming that Iran will receive compensation for providing services to ships passing through the Strait of Hormuz. (Watcher.Guru)
21:16
According to filings submitted to the U.S. Securities and Exchange Commission (SEC), AES Indiana, a subsidiary of AES Corp, plans to implement a new rate adjustment in two phases.
The first phase of rates will take effect in July 2026, while the second phase is scheduled to begin in January 2027. The document clarifies the future rate adjustment path for utility companies, providing a clear timeline for the regulatory process and potential changes in user costs. The phased implementation approach may be intended to balance the need for infrastructure investment with the gradual impact on user bills. This move reflects the utility industry's prudent management of long-term financial planning and rate structures as it addresses energy transition, grid modernization, and regulatory requirements.
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