Musk said on social media that the Fed's data lags too much and a mild recession has arrived. It's not just that the canary in the coal mine (SVB) is dead, one of the most steadfast miners (Credit Suisse) is dead, more banks will be in trouble, and further rate hikes will trigger a deep recession.

Lightning Labs, the Bitcoin Lightning Network development team, recently updated the Lightning Network management tool Litd, allowing ordinary users to run Lightning Network nodes by themselves and send or receive Bitcoin in a non-custodial manner without being technically proficient.

OpenAI, the startup behind ChatGPT, has raised $300 million at a valuation of $27 billion to $29 billion. VC firms including Tiger Global, Sequoia Capital, a16z, Thrive, K2 Global and Founders Fund participated in the investment. This is separate from a large investment Microsoft made in January, a person familiar with the matter said. According to sources confirmed that Microsoft's investment scale is about 10 billion US dollars. It is reported that external investors currently hold more than 30% of OpenAI's shares.

SuiPad, the Sui ecological Launchpad project, announced the completion of US$1.155 million in financing, NGC Ventures, GBV Capital, Cogitent Ventures, PANONY, Rarestone Capital, Kernel Ventures, Cypher Capital CEO Vineet Budki, Kairon Labs, NewTribe Capital, Moonrock Capital, Extra Watts, Hype, DAO Maker, Maven Capital, Criterion VC, Limitless Value Capital, Autonomy.Capital participated in the investment. In addition, its ID0 will be released on SuiPad Launchpad and DAO Maker Launchpad from 21:00 on April 28 to 21:00 on May 10.

Secro, a blockchain-based digital bill of lading platform, announced the completion of a $3.6 million seed round of funding, co-led by Augment Ventures and TMV, with participation from Kluz Ventures and Grit and Gumption Ventures.

LayerZero, a cross-chain interoperability protocol, announced that it is now live on the zkSync Era mainnet. LayerZero says its omnichain messaging protocol enables developers to scale applications to more than 30 supported chains on zkSync, and projects already built on LayerZero can now scale to zkSync.

Charities in England and Wales that accept cryptocurrency donations should keep accurate records and comply with tax and anti-money laundering rules, the UK Charity Commission said in guidance published Wednesday.

Blockchain infrastructure startup Cata Labs has raised $4.2 million in seed funding at an "eight-figure valuation." The round, which closed in March, was led by cryptocurrency venture capital firm Spartan Group, with participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt, among others.

Bitcoin inscription wallet UniSat Wallet announced that its inscription market UniSat Marketplace will reopen on April 27. Users who hold a UniSat OG Pass for a certain period of time can participate in the test first, and users with the largest number of UniSat Points will be invited later.