Crypto Update: April 8-14

The crypto industry had a dynamic week with various top stories making headlines. Polkadot and Worldcoin achieved milestones, while a Binance executive faced trouble in Kenya. Additionally, StepN announced an airdrop, and the Winklevoss twins added another crypto-related acquisition under their belt.

In the world of altcoins, Polkadot, StepN, Worldcoin, and the Winklevoss Twins were the stars of the week, with significant developments and achievements.

Polkadot surpassed 600,000 active addresses, thanks in part to Moonbeam, a cross-chain smart contract platform. Despite this growth, total transactions on the network remained lower than previous peaks.

StepN introduced a $30 million airdrop for its loyal users on the Solana blockchain, rewarding engagement within the platform.

Worldcoin reached 10 million users and 70 million transactions, marking a substantial milestone for the project aimed at universal basic income.

The Winklevoss twins invested $4.5 million in Bitcoin into Real Bedford FC, enhancing the club’s infrastructure and establishing a Bitcoin treasury.

In technology and DeFi news, 1Inch launched a Web3 debit card in collaboration with Mastercard, Coinbase integrated Apple Pay for easier cryptocurrency purchases, and Ethena announced integration with exchange wallets.

On the regulatory front, received approval to operate in Dubai, while the SEC issued a Wells notice to Uniswap. A Binance executive was tracked down to Kenya after facing money laundering charges in Nigeria.

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