This week the Layer1 crew discusses BTC making a splash on Billions, MakerDAO voting in wrappedBTC, Incognito brining private txs to Ethereum, Block.One wins patent, and Ripple paying Moneygram millions.

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Ripple paid $16.6 million in XRP incentives to MoneyGram in Q1 2020https://www.theblockcrypto.com/post/63855/ripple-paid-16-6-million-in-xrp-incentives-to-moneygram-in-q1-2020

Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35Khttps://cointelegraph.com/news/iran-ditches-the-rial-amid-hyperinflation-as-localbitcoins-seem-to-trade-near-35k

Quick NewsEthereum DEX trading volumes are rising rapidly in 2020https://decrypt.co/27556/ethereum-dex-trading-volumes-are-rising-rapidly-in-2020

Binance new "Smart Chain" to have 21 BPs in a DPoS setuphttps://insidebitcoins.com/news/binance-smart-chain-receives-flak-due-to-centralization/258688

More than 77% of total ETH not locked in smart contracts hasn't moved in six months -- accumulation!https://www.theblockcrypto.com/linked/63639/new-market-analysis-shows-that-77-of-all-circulating-eth-hasnt-moved-in-at-least-six-months?utm_source=newsletters&utm_medium=blockchainbites&utm_campaign=&clid=00Q1I00000LxCyFUAV

Miners are mining very quickly in anticipation of the halving drop in BTC block rewardshttps://www.coindesk.com/bitcoin-miners-usually-create-6-blocks-per-hour-they-just-banged-out-16

Cardano releases new Daedalus node and moves closer to PoS transition - staking soon, smart contract functionality laterhttps://messari.io/article/cardano-releases-new-version-daedalus-node-taking-another-step-closer-to-mainnet-staking

Square dev finds Bitcoin Lightning Network exploit - enables for no refunds; other privacy issueshttps://decrypt.co/27346/square-developer-finds-bitcoin-lightning-exploit

Keep Network launches mainnet - private computation on ETH + tBTC launch. Can earn KEEP and fees by bonding ETH before launch - starts June 8thhttps://messari.io/article/keep-network-initiates-its-launch-sequence

Telegram moves launch to 2021 and says they'll return 72% of invested funds ($1.2bln) to investors; and judge gives preliminary approval for $25m Tezos lawsuit to settlehttps://messari.io/article/facing-regulatory-pressure-telegram-delays-ton-launch-until-2021-and-offers-to-return-1-2-billion-to-investorshttps://cointelegraph.com/news/judge-gives-preliminary-approval-for-25m-settlement-in-tezos-lawsuit

DiscussionGenesis' loan book explodes now with over $2bln in loans. What risk does lending present to crypto? https://messari.io/article/genesis-capital-s-loan-book-continues-to-grow-during-its-most-volatile-quarter

Personal Token Sales - Timeline before this model goes viral? Will they be the next ICO? Can any good come out of this?https://twitter.com/kermankohli/status/1257285623964028929

BitcoinSurge in Bitcoin price driven by retail buyers on spot exchanges and primarily in the UShttps://finance.yahoo.com/news/blockchain-bites-bitcoin-whales-american-170804529.htmlhttps://www.forbes.com/sites/nickchong/2020/05/01/key-data-shows-bitcoin-rally-9000-driven-spot-exchange-surge/#1bd2bd611249

EthereumVitalik comments on what he thinks the ETH Foundation's role should be in staking -- half the total stakeVitalik also mentions they'll be cutting the issuance rate of new ETH in half and adjusting block sizes variablyhttps://btcmanager.com/vitalik-buterin-ethereum-foundation-staking-plan-eth-2-0/?q=/vitalik-buterin-ethereum-foundation-staking-plan-eth-2-0/&https://www.coinspeaker.com/buterin-eth-2-million-year/

ETH2.0 multiclient testnet has launchedhttps://cryptoslate.com/parity-developer-confirms-ethereum-2-0-schlesi-multiclient-testnet-is-live/

Wrapped Bitcoin (wBTC) added as collateral on Maker DeFi platform; Maker approves new Board of Directors - T