{"id":1211,"date":"2023-04-13T11:38:00","date_gmt":"2023-04-13T03:38:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=1211"},"modified":"2025-08-15T16:54:10","modified_gmt":"2025-08-15T08:54:10","slug":"jpmorgan-fidelity-at-odds-on-the-impact-of-ethereums-shapella-upgrade-on-ether-g7-to-discuss-digital-currency-standards-and-crypto-regulation","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/jpmorgan-fidelity-at-odds-on-the-impact-of-ethereums-shapella-upgrade-on-ether-g7-to-discuss-digital-currency-standards-and-crypto-regulation\/","title":{"rendered":"JPMorgan, Fidelity at odds on the impact of Ethereum&#8217;s Shapella upgrade on ether, G7 to discuss digital currency standards and crypto regulation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Weekly Update: 13 Apr 2023<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) JPMorgan, Fidelity at odds on the impact of Ethereum&#8217;s Shapella upgrade on ether [<a href=\"https:\/\/www.theblock.co\/post\/225701\/jpmorgan-fidelity-ethereum-eth-shapella-upgrade\">The Block<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Ethereum&#8217;s Shapella upgrade to allow withdrawals from April 12. JPMorgan and Fidelity&#8217;s reports on price impact differ, while crypto-native researchers predict a muted impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) G7 to discuss digital currency standards, crypto regulation&nbsp;[<a href=\"https:\/\/www.reuters.com\/markets\/currencies\/g7-discuss-digital-currency-standards-crypto-regulation-2023-04-11\/\">Reuters<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; G7 to push CBDC standards for developing nations, seek stricter crypto regulations. Also, to address debt issues of mid-income countries, with Japan optimistic about Sri Lanka talks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Former FTX US president reportedly quit after \u2018protracted disagreement\u2019 with Bankman-Fried [<a href=\"https:\/\/www.coindesk.com\/business\/2023\/04\/09\/former-ftx-us-president-reportedly-quit-after-protracted-disagreement-with-bankman-fried\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; A new 45-page report detailing accounting failures at the exchange says that at one point employees were instructed by an unnamed higher-up to \u201ccome up with some numbers? Idk.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4) MetaMask launches new fiat purchase function for cryptocurrency [<a href=\"https:\/\/cointelegraph.com\/news\/metamask-launches-new-fiat-purchase-function-for-cryptocurrency\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The new feature will allow users to purchase cryptocurrencies using various payment methods, such as debit or credit cards, PayPal, bank transfers and instant ACH.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5) South Korean crypto exchange Gdac hacked for nearly $13M [<a href=\"https:\/\/www.coindesk.com\/tech\/2023\/04\/10\/s-korean-crypto-exchange-gdac-hacked-for-nearly-13m\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">6) Sushi DEX approval contract exploited for $3.3M [<a href=\"https:\/\/www.coindesk.com\/tech\/2023\/04\/09\/sushi-dex-approval-contract-exploited-for-33m\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Developers asked users to revoke contracts as a security measure early Sunday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">7) Texas lawmakers propose a gold-backed state digital currency [<a href=\"https:\/\/cointelegraph.com\/news\/texas-lawmakers-propose-a-gold-backed-state-digital-currency\">Cointelegraph<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; The bills state that the trustee must hold enough gold in reserve for all units of digital currency that have been issued and are still in circulation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8) Bank of England targets 30-strong team for digital currency: report [<a href=\"https:\/\/www.coindesk.com\/policy\/2023\/04\/09\/bank-of-england-targets-30-strong-team-for-digital-currency-report\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Among the positions available are digital pound security architect and digital pound solutions architect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">9) Hong Kong\u2019s Financial Secretary declares now is the &#8216;right time&#8217; for Web3 adoption [<a href=\"https:\/\/www.coindesk.com\/web3\/2023\/04\/10\/hong-kongs-financial-secretary-declares-now-is-the-right-time-for-web3-adoption\/\">CoinDesk<\/a>]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">10) AI-focused blockchain CryptoGPT raises $10M funding at $250M valuation [<a href=\"https:\/\/www.coindesk.com\/business\/2023\/04\/10\/ai-focused-blockchain-cryptogpt-raises-10m-funding-at-250m-valuation\/\">CoinDesk]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211; CryptoGPT recently rolled out AI assistant &#8220;Alex&#8221; and is developing its ZK rollup layer 2 blockchain and a data-to-AI engine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former FTX US president reportedly quit after \u2018protracted disagreement\u2019 with Bankman-Fried <\/p>","protected":false},"author":256897719,"featured_media":961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,132582],"tags":[],"class_list":["post-1211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-market-decoded"],"acf":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2024\/10\/bg-weekly-1.jpg?fit=740%2C400&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-jx","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897719"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=1211"}],"version-history":[{"count":2,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1211\/revisions"}],"predecessor-version":[{"id":1215,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1211\/revisions\/1215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/961"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=1211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=1211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=1211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}