The U.S. Department of Justice rebuffed Roman Storm’s motion to dismiss criminal charges against him late Friday.
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency Turmoil,’ Analyst Says
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge
Lawyer-turned-politician John Deaton further reinforced his credentials as an outspoken crypto ally on Friday, filing a friend-of-the-court brief in Coinbase Inc.’s (COIN) effort to get a higher U.S. court to rule on a central question about when a digital token qualifies as a security.
NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve’s rejection of its bid for a master account and membership.
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement official.
First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase
The latest price moves in bitcoin (BTC) and crypto markets in context for April 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin’s Runes era.
EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto
The new laws set up “enhanced” due diligence and customer checks for crypto firms.
ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday’s closing price of $28.22 from its Next Generation Internet ETF (ARKW).
Ex-Head of China’s Digital Yuan Effort Facing Government Probe: Report
Yao Qian is reportedly being investigated for “violations of discipline and law.”
Bitcoin Stable Above $64K While ETF Outflows Hit $200M
BTC Stable Above $64K While ETF Outflows Hit $200 Million
UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release.
Stripe Brings Back Crypto Payments Via USDC Stablecoin
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin.
Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.
Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
The feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund’s BENJI token and make it more interconnected with the digital asset ecosystem.
Kara Swisher Downplays Crypto’s Significance: ‘It’s Not the Center of Everything’
The author of “Burn Book” says while crypto is important, it’s not the center of everything.
Bitcoin Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat for $2.13M
The pool mined the first block after last week’s halving, winning an “epic” sat in the process.
Movement Labs Raises $38M for Rollup Based on Facebook’s Move Language
Movement’s 21 and 24-year-old co-founders say they are on a mission to “make blockchain security sexy” with the launch of their L2.
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.