BlackRock Continues to Investigate Cryptocurrency Ecosystem

Larry Fink, CEO of BlackRock, one of the world's largest asset managers, said he continues to explore the cryptocurrency ecosystem extensively. Circle, the developer of the USDC, has been working with BlackRock since last year, and BlackRock, which manages part of the Circle's reserves, aims to manage them all in the future. 

Grayscale Makes Pressure over SEC

Michael Sonnenshein, Grayscale's CEO, said they could take the decision to court if the SEC rejected their application for the spot Bitcoin ETF. "All options are on the table if the SEC rejects the application," said the CEO yesterday at a conference. 

Brazilian Senate Announces a Bitcoin Law Approval Soon

The draft cryptocurrency law, which is expected to be approved by the National Congress in the first half of this year, has been approved by the senate. At the same time, the Brazilian president will be allowed to designate or create a regulatory agency to oversee the crypto market. 

Ethereum's "Merge" Might Delay
Ethereum's core developer Tim Beiko tweeted that Ethereum's “Merge” would not take place in June, but could be delayed for several months afterwards.

Ava Labs Receives $350 Million Investment

According to a report shared by Bloomberg, Ava Labs, the developer of Avalanche ecosystem, one of the leading smart contract platforms, achieved a valuation of $5.25 billion by announcing that they received an investment of $350 million. 

Amazon Can Enter NFT World

Amazon CEO Jassy said he didn't hold Bitcoin, but it was possible that Amazon could sell NFTs. However, he stated that he thought cryptocurrencies and NFTs would continue to grow. 

Ethereum Push Notification Service Receives $10 Million Investment
The lack of cross-chain communication, which is the most annoying problem in the user experience, aims to eliminate the lack of communication between blockchains with the Ethereum Push Notification Service protocol, which hopes to solve this problem. In the Series A funding round, it raised more than $10 million with a valuation of $131 million.