Bitfinity Weekly: New Tariffs In Town

Bitfinity Weekly: New Tariffs In Town

Welcome to Issue #152 of Bitfinity Weekly for our #BITFINIANS community. If this newsletter was forwarded to you, sign up here.

What's in Today's Email?

  • Bitcoin Bytes
  • Global Crypto News
  • In the IC
  • This Week in our Blog
  • Tweet of the Week
  • Meme Time
  • A Matter of Opinion

Bitcoin Bytes

Notifications On: The Wizards of Ord Discord now features an instant alert function that notifies members of Bitcoin transactions. Whenever the Night's Watch bot detects a tx in the mempool involving a member's address, a notification is made, along with relevant information like tx ID, assets and amounts involved, and links to speed up or cancel transactions. Pseudonymous dev lifofifo has hinted that a notification for big offers may also be in the works.

Iced Out: SUBFROST, a Bitcoin DeFi protocol built leveraging the Alkanes metaprotocol, is releasing a web and phone apps that users can leverage with any major Bitcoin wallet. SUBFROST will be accessible directly inside compatible wallets, including MagicEden, UniSat, Phantom, XVerse, Oyl, and more.

You Can Just Do Stuff: Ordiscan dev T4T5 has made his code repository available for an MCP server that allows users to fetch information about Ordinals and Runes. This means devs can directly integrate their AI assistants to pertinent data to help them work more efficiently. You can access the GitHub here (with install instructions for Claude and Cursor).


Global Crypto News

What Goes Around: Circle, the company behind the USDC stablecoin, filed for an IPO on Tuesday. USDC is pegged to the United States dollar and is the second largest stablecoin by market cap. It is increasingly being used as the stablecoin of choice by US-based crypto service providers, such as Crypto.com, which made USDC payment available for Sony Singapore customers this week.

Premium Policies: Prominent crypto lobbyist Miller Whitehouse-Levine, previously the head of the DeFi Education Fund, is serving as the inaugural CEO of the Solana Policy Institute. The nonprofit organization is not officially affiliated with the Solana Foundation (which is behind the Solana blockchain's operations). However, the Solana Policy Institute will advocate for the chain and its community's interests in a nonpartisan manner to lawmakers.

Dog Wif Refund: After over a year in delays and nearly $700k raised, memecoin Dogwifhat is issuing refunds to contributors who donated to put the meme on the Las Vegas Sphere. The proposed advertising stunt was met with several stumbles along its ill-fated journey, with a failed collaboration with an unnamed fashion company and misleading claims about a contract signing with the Sphere.

New Tariffs In Town: President Trump's decision to impose sweeping tariffs on 185 countries has set the financial markets ablaze, with both Wall Street and crypto taking a tumble in prices. The TL;DR: a baseline tariff of 10% will be placed on all imports, with some countries like China, facing outsized levies up to 34%. China has since promised to retaliate, and Ursula Von Der of the European Commission has said that countermeasures are being prepared.


In the IC

Liquid Fusion: Bitcoin DeFi protocol Liquidium has made instant, Bitcoin-secured loans available for all users. From now until April 16th, select communities can enjoy a point multiplier boost for rewards. Liquidium leverages ICP's Chain Fusion technology for secure and fast lending. You can watch a video interview of the Liquidium CMO by the DFINITY Foundation here.

Totally Valid: Validation Cloud, which provides infrastructure support and decentralized node-, staking-, and data-as-a-service for web3 projects, is now partnered with the DFINITY Foundation to support enterprise-grade blockchain analytics on the Internet Computer Protocol. Developers on ICP can efficiently access on-chain data with the compliance and security provided by this partnership with a leader in web3 infrastructure.

Agents and Assistants: Tune into the newest episode of World Computer Tech Talks, this time to learn more about sovereign AI agents. Community innovations are already underway for developers on ICP, as projects experiment with open-source LLMs and autonomous AI agents that can manage their own crypto wallets.


This Week in our Blog

Unlock the true potential of DeFi with Bitfinity’s native Bitcoin integration — no bridges, no wrapping, just pure BTC power! Discover how this breakthrough is rewriting the rules for dApps and Web3 innovation.

Native Bitcoin Integration: A Game-Changer for DeFi and dApps
Discover how the Internet Computer (ICP) has revolutionized Bitcoin integration, enabling smart contracts to natively interact with the Bitcoin blockchain. Learn about this groundbreaking approach and its benefits. Read now to stay informed on the future of blockchain technology!

Tweet of the Week


Meme Time


A Matter of Opinion

Although the threat of tariffs and drastic price increases may have you looking for deals, you may want to pay the premium when it comes to electronics. Counterfeit phones are sold at seemingly good discounts, but they come preloaded with malware that can wreak havoc on your life. Everything from your cryptocurrency wallets, social media accounts, and even your phone number, could be at risk.

In March alone, over 2,600 users encountered the Triada trojan virus, according to leading cybersecurity firm Kaspersky, endangering their private information and losing control over their smartphones. Although Triada has been around since 2016 the newest iteration of the virus has evolved to infiltrate every process of Android phones. iPhones remain safe for now.

Dmitry Kalinin, a cybersecurity expert at Kaspersky Lab, said that it's likely the supply chain of some of these phones is compromised, meaning that stores selling counterfeit phones may not even know that they are selling devices preloaded with Triada. In a recent report Kaspersky notes that this is likely just the tip of the iceberg as Triada is extremely hard to detect. It operates in the infected device's RAM and is not easily detected by conventional security checks.

What can you do to mitigate security risks? Try to know where your devices are coming from. Avoid putting all of your valuable crypto assets in one wallet, and get comfortable using cold storage devices. Often crypto traders fail to do basic two-step security methods out of convenience but it's better safe than sorry. Kaspersky recommends timely device updates to patch security vulnerability and to avoid interacting with apps from unknown sources.

Be safe out there!


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