First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday “We are on our way to getting a stablecoin bill in the short run.”
‘Buy Bitcoin’ Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
The move may bring fresh energy and capital into the spot ETFs.
BlackRock’s Bitcoin ETF Snaps 71-Day Inflow Streak, Data Show
Inflows have slowed this month, taking the wind out of the bitcoin bull run.
Protocol Village: SEDA, Data and Computation Network, Launches Mainnet Genesis
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a ‘BIP Number’
Samourai Wallet Founders Arrested and Charged With Money Laundering
Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to prosecuting crypto mixing tools that may be used by illicit actors and foreign governments to hide fund transfers.
The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.
Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Renzo Restaked ETH Suffers a Brief Crash on Uniswap
Bitcoin Payments App Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.
