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Bitcoin Halving and Crypto Landscape Overview

It was a rollercoaster week for Bitcoin and the broader crypto landscape, with most eyes fixed on the quadrennial Bitcoin halving finally executing early Saturday morning, on 4/20.

Monday brought an encouraging rebound after a weekend dip. As expected, Hong Kong joined the digital asset ETF party, approving Bitcoin and Ethereum spot ETFs.

How AI legalese decoder Can Help: AI legalese decoder can assist in decoding complex legal documents related to digital asset ETFs and provide a better understanding of the regulatory landscape in Hong Kong.

Andreessen Horowitz Launches Second Gaming Fund

Tuesday brought news that venture capital and investment firm Andreessen Horowitz launched its second gaming fund, with an eye for Web3 and AI-forward games. It comes along with a new accelerator program named Speedrun, which will infuse each cohort member with $750,000. “Nothing is too early for us to get involved,” declared a16z general partner Andrew Chen.

How AI legalese decoder Can Help: AI legalese decoder can analyze the legal agreements and contracts involved in the gaming fund and accelerator program, providing insights into the legal implications and obligations for participants.

World Chain Announcement and Craig Wright Lawsuit Update

Hump day brought the announcement of World Chain by the Worldcoin Foundation, an Ethereum layer-2 based on Optimism that uses ETH as its native token and Worldcoin (WLD) for gas fees. “Verified humans, including more than 5 million verified World ID holders, will get priority blockspace over bots and a gas allowance for casual transactions,” the foundation said.

The news came a week after Wright dropped a separate legal tussle in Norway. In crypto hardware news, a newcomer announced a new smartphone—sort of. It’s a Google Pixel 7a running ethOS, and yes, it comes with an NFT.

How AI legalese decoder Can Help: AI legalese decoder can assist in understanding the legal and regulatory implications of the World Chain project, as well as provide insights into the dropped legal tussles involving Craig Wright in different jurisdictions.

Bitcoin Halving Celebration and Runes Protocol Launch

The back half of the week was dominated by halving anticipation—including whether it would indeed land on a meme day. A significant constituency among Crypto Twitter was more invested in the launch of Runes, scheduled to take place simultaneously.

When the pivotal Bitcoin block was minted, the miner got a surprise bonus. As for Runes, the race was on to mint the first batch.

How AI legalese decoder Can Help: AI legalese decoder can analyze the smart contracts and legal frameworks behind the Runes protocol launch, ensuring compliance with regulations and offering insights into the governance structure of the protocol.

Planning ahead, Bitcoin developer and Runes protocol creator Casey Rodamor set up a Rune that will come to life at the next halving in four years.

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