The Bank of England's CBDC lead, Katie Fortune believes that central bank digital currencies (CBDCs) and Bitcoin can coexist in a mixed ecosystem of different forms of money. She suggests that a CBDC could act as a bridging asset between stablecoins and other digital forms of money, ultimately preventing separate ecosystems and helping to set industry standards. Fortune envisions CBDCs being used primarily for retail payments and e-commerce, with the aim of creating smoother processes for users. The Bank of England has been pushing the idea of a digital pound called "Britcoin," with CBDCs potentially in use by the end of 2020s. The uniformity of money is viewed by Fortune as a social good, providing infrastructure for others to innovate for the future. Source: Decrypt Original Link: https://decrypt.co/124957/cbdc-can-be-bridging-asset-between-bitcoin-tradfi-bank-england

Undeads is a blockchain-based game that prioritizes gameplay and visual appeal, unlike other crypto games that fall short in entertainment value. The post-apocalyptic open world game pits players against each other as humans and zombies while exploring a map that's bigger than other popular open-world games. The game also features a live economy with different ways to earn in-game currency and trade resources and items with other players. Undeads has partnered with renowned companies in the gaming industry to develop an immersive game that brings traditional gaming to the crypto space. Players can already join by choosing a side and minting an NFT or buying potion boxes. Undeads aims to provide a new era for Web3 gaming by bringing studio-level quality to the crypto industry. Source: Decrypt Original Link: https://decrypt.co/124724/how-undeads-metaverse-aims-to-win-over-traditional-gamers

A recent open letter signed by prominent tech personalities called for a six-month moratorium on developing AI more powerful than the latest iteration of ChatGPT. However, the CEO of American cryptocurrency exchange Coinbase, Brian Armstrong, opposes the move and instead advocates for continued AI development. GPT models, including ChatGPT, generate human-like language, and advancements in AI have raised questions around the role of machines in human communication and decision-making, as well as possible impacts on employment and social inequality. Concerns have also arisen about developers using ChatGPT to make false performance claims, with the Center for AI and Digital Policy filing a complaint against OpenAI for violating the FTC Act. Source: Decrypt Original Link: https://decrypt.co/125028/stopping-chatgpt-development-is-bad-idea-coinbase-ceo

A hacker has scammed more than 600 different crypto wallets for over 930,000 ARB tokens using a phishing attack and address poisoning via a malicious smart contract. The ARB tokens were received from a different Arbitrum address on March 24, following the network's airdrop. Independent researchers 0xKnight and Brainsy both found victim reports of the hack, with Brainsy labeling the fake ARB token contract and phishing smart contract created by "Fake_Phishing18". The same entity may also have created a fake website claiming ARB tokens on the user's behalf to gain control over their wallets. MetaMask has warned against such attacks, which poison users' address lists by sending transactions from addresses that closely resemble those the user has already interacted with. Source: Decrypt Original Link: https://decrypt.co/125037/address-poisoning-attack-sees-scammer-make-off-1-3m-in-arb-tokens

Late-month surge in Trump NFT sales followed Donald Trump's indictment by a New York grand jury. The floor price of the cheapest-listed NFT in the collection jumped 24% over the last 24 hours to a current price of $1,023. Sales of Trump NFTs have surged since last night, with CryptoSlam reporting a 404% increase in secondary trading volume over the past 24 hours compared to the previous span. According to media reports, Trump has been indicted on more than 30 counts tied to fraudulent business dealings. The short life of Trump NFTs has been volatile, with the initial high falling quickly due to technical glitches and questionable fine print. Source: Decrypt Original Link: https://decrypt.co/125011/trump-nft-sales-spike-again-with-historic-indictment

Doodles 2, a customizable Ethereum NFT avatar platform, is preparing for its broader launch with the opening of Genesis Box, which includes two digital apparel pieces and a beta pass for the upcoming platform. The founder plans for millions of NFT avatars, multi-chain use cases, tradeable digital clothes, and cross-chain experiences that link Ethereum NFTs and mint NFTs on Flow. Doodles creators are conducting projects, brand partnerships, events, social media animations, and music drops with Pharrell Williams, the Chief Brand Officer. However, the Doodles team has struggled to communicate their plans transparently with NFT holders, who have raised concerns. Despite the startup's growth as a major business and scaling infrastructure, the founder aims to retain the NFT-driven collecting ecosystem at the heart of Doodles while building an entertainment property that takes many shapes and forms. Additionally, the original 10,000 NFTs hold exclusive access privileges to planned projects that will allow owners to license their NFT characters. Source: Decrypt Original Link: https://decrypt.co/125044/how-doodles-2-plans-scale-genesis-box-millions-nft-avatars

The US government has sold over $215 million worth of Bitcoins from the Silk Road marketplace that were seized in a historic seizure back in November. Hacker James Zhong confessed to stealing the crypto before cops took it, and the US government is now looking to sell the remaining 41,490 Bitcoins throughout 2023 in four different batches. The effect of this move on the Bitcoin market amid a brutal bear market is unclear. Source: Decrypt Original Link: https://decrypt.co/125081/us-government-dumps-seized-silk-road-bitcoin

Tron founder and Huobi adviser Justin Sun loses his diplomatic title as Grenada ambassador and permanent trade representative to the World Trade Organization after the NDC party took over in power in Grenada back in December 2021. Sun, who was recently charged with illegally promoting Tronix (TRON) by the U.S. Securities and Exchange Commission, initially denied the recall of all ambassadors but later acknowledges that he was no longer a diplomat, even though he continued to call himself a "permanent representative" of Grenada to the WTO. According to attorney David Lesperance, diplomatic appointments can be taken away in a moment and are at the pleasure of the government if they decide that the appointee is no longer serving well or is a scoundrel. Although Sun's appointment was brief, it was real and included a tour of the Caribbean and a winning $28 million bid for a trip to space on Jeff Bezos' Blue Origin. Source: Decrypt Original Link: https://decrypt.co/125083/his-excellency-justin-sun-no-longer-diplomat

Bittrex, a Seattle-based cryptocurrency exchange, is to wind down its US operations due to the current regulatory and economic environment. The company has urged clients to withdraw funds by 30 April, with trading scheduled until 14 April. However, Bittrex's global platform will still be operating for traders residing outside the US. The announcement follows a harder regulatory stance from the US against the cryptocurrency industry, leading to fines being paid by some companies and investigations opened against others. As a result of this environment, Bittrex's CEO stated that running the exchange in the US was not economically viable. Source: Decrypt Original Link: https://decrypt.co/125087/crypto-exchange-bittrex-shut-down-us-operations

Twitter's plan to remove existing verification checkmarks from legacy accounts on the platform has drawn negative comments from users who see it as nullifying the whole point of verifying users. Decentralized platforms like CyberConnect and Lens Protocol are gaining interest as they provide a better path forward for social media. CyberConnect raised $15 million in a Series A funding and uses IPFS, Ceramic decentralized data platform, and Ethereum's ERC-721 NFT standard. Twitter's updated policies, including removing text message-based SMS two-factor authentication (2FA) for non-Blue subscribers, present a dangerous precedent for the security vulnerabilities of millions of users. Decentralized platforms offer a more decentralized alternative to traditional models, enabling users to own their content and port their data to whichever platforms and applications they choose. The solution is to make a form of verification open to all via self-sovereign identities powered by transportable NFTs. Source: Decrypt Original Link: https://decrypt.co/125174/twitter-killing-legacy-blue-checks-wake-up-call-dangers-centralized-social-media-cyberconnect-ceo