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This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.

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The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.

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The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space.

This post was published at Cointelegraph

Last year, the SEC served Coinbase with a Wells Notice just months before filing a lawsuit. Is the same about to happen to Consensys?

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Former BitMex CEO Arthur Hayes believes the upcoming US Treasury policy actions under Secretary Janet Yellen could significantly influence the liquidity landscape and potentially catalyze rallies for crypto and stocks. Hayes said the market should stop focusing on the Fed’s policy decisions because the Treasury only has three options for its …

This post was published at CryptoSlate

Twenty leading AI developers–including OpenAI, Microsoft, NVIDIA, and Google–pledge to help the US Department of Homeland Security protect critical infrastructure.

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Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank’s system without relying on intermediary banks. Additionally, Custodia will …

This post was published at CryptoSlate

Renzo benefitted from the hyped up restaking narrative and points bonanza

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Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related parties filed a government document from an unrelated case against Mango Markets exploiter Abraham Eisenberg, who was convicted by a jury on April 18. The government’s argument …

This post was published at CryptoSlate

The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy digital assets linked to criminal activities. The new measures aim to disrupt the financial networks of organized crime groups that increasingly exploit cryptocurrencies to launder money . These …

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