Category: Uncategorized

Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it’s already illegal in most U.S. states.

We Must Protect Crypto-AI From Financial Nihilism
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real customers for real products and services that solve actual problems, says Lex Sokolin.

Stablecoin Legislation Must Respect the Dual-Banking System
The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute.

Why the DOJ May Have Recommended a Three-Year Sentence for CZ
Former Binance CEO Changpeng “CZ” Zhao now faces the genuine possibility that he’ll spend three years in federal prison in the U.S. – well above the possible 18 months laid out in his plea agreement.

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears
The latest price moves in bitcoin (BTC) and crypto markets in context for April 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tether Buys 0M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
The investment will fund the roll-out and commercialization of the company’s medical devices.

Protocol Village: Omnity, On-Chain Interoperability Protocol on ICP, Integrates Runes
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.

CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father and friend, and a “geeky” tech nerd who shuns luxury purchases despite his immense personal wealth.

Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France

Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.