// Arch Labs, the inventors of Arch, a Bitcoin-native application platform that unlocks bridgeless decentralized finance (DeFi) on the world’s largest blockchain, today announced a $7M series seed round led by Multicoin Capital with participation from Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Tangent, Cypher, Newman Capital and more. https://cryptodaily.co.uk/2024/05/arch-raises-7m-led-by-multicoin-capital-to-build-the-first-bitcoin-native-application-platform //

// China has a long and rocky history with cryptocurrencies, effectively banning crypto multiple times. So access to crypto ETFs in Hong Kong could be a rare route for investors from mainland China to access crypto. https://coinspectator.com/decrypt/2024/04/30/hong-kongs-bitcoin-and-ethereum-etfs-a-message-from-china-osl-ceo/ //

// 據中央紀委國家監委駐中國證監會紀檢監察組、廣東省紀委監委消息：中國證監會科技監管司司長、資訊中心主任姚前涉嫌嚴重違紀違法，目前正接受中央紀委會國家監委駐中國證監會紀檢監察小組紀律審查及廣東省汕尾市監察委員會監察調查。 https://www.coinspeaker.com/china-cbdc-mastermind-investigation/ //

// 雖然現在一切看起來都很好（因為市場是正面的，做空的資金費率是正的，因為每個人都樂意做多），但這最終會轉變，資金費率會變成負的，保證金/抵押品因此被清算 ，而你就有了一個無價值支撐的資產。

我看到對此問題的反駁是「大數法則」，但這幾乎與 UST 的 10 億美元比特幣基金等措施相同。 「它有效，直到它不再有效」。 https://zombit.info/andre-cronje-worried-about-ethena-risk/ //

// 根據《華爾街日報》報導，Sharmin Mossavar-Rahmani 在接受採訪時表示：

「我們不認為它是一個投資資產類別，我們不相信加密貨幣。」

她將最近對加密貨幣的熱情比作 17 世紀的鬱金香狂熱，並表示即使在最近的加密貨幣價格飆升之後，他的客戶也沒有興趣接觸該資產。 https://zombit.info/sharmin-mossavar-rahmani-is-known-for-her-blunt-opinions-and-bitcoin-skepticism/ //

// The government of Taiwan has approved a local crypto industry association as it takes steps toward robust regulation of the country’s sector. On Friday, Taiwan’s Ministry of the Interior gave the green light to the local crypto industry working group, which will now continue preparing to fully establish the association before June ends. https://www.coinspeaker.com/taiwan-approval-crypto-industry-association/ //

// Sam Bankman-Fried is going to prison. He won’t be spending time in a maximum security facility, and he’ll be placed as close to his family in the San Francisco Bay Area as possible, but he’s going to prison nonetheless – and he’ll be there for the next 25 years. https://www.coindesk.com/policy/2024/03/29/sbf-is-going-to-prison-for-25-years/ //

// The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including programmability and tokenization, and adding new, not previously explored use cases. https://coinspectator.com/bitcoin-com/2024/03/19/hong-kong-launches-second-phase-of-its-cbdc-pilot-program/ //

// Starbucks announced Friday that it’s discontinuing its NFT program, which was in beta, to “prepare for what comes next as we continue to evolve the program,” according to an FAQ page. We spoke with Steve Kaczynski, the program’s lead, on the Chain Reaction podcast last month. https://techcrunch.com/2024/03/15/starbucks-odysseys-nfts-brand-loyalty/ //