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Bitcoin & FOMC

This post was published at Benjamin Cowen

States’ backlash against Binance.US continues with 6th license pulled

Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

This post was published at Cointelegraph

/ Binance, Crypto Currency

Ronin’s Path From Curated Ethereum Gaming to ‘Pervasively Permissionless’

Ethereum gaming chain Ronin currently curates the games on its network. But it’s starting to eye up a permissionless future.

This post was published at Decrypt

/ Crypto Currency, Ethereum

DOJ launches probe into Block’s compliance history following allegations of lapses

Fintech giant Block is under scrutiny by federal prosecutors from the Southern District of New York following allegations of significant compliance failures involving its main business units — Square and Cash App, NBC News reported on May 1. Federal prosecutors launched the probe after a former employee disclosed numerous lapses in the …

This post was published at CryptoSlate

/ Crypto Currency, DOJ

Build on Bitcoin Launches Mainnet With Over 40 Apps

BOB launches its Bitcoin layer-2 Ethereum rollup, with more to come over the next three weeks.

This post was published at Decrypt

Bitcoin traders set $50K price target after BTC falls below key support level

Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.

This post was published at Cointelegraph

/ Bitcoin, BTC, Crypto Currency

Aave proposes upgrade to v4 in strategic 2030 roadmap

Aave Labs has released its strategic roadmap for 2030 that introduces several key initiatives, including the launch of Aave V4, a new visual identity, and expanded DeFi functionalities. The “Temp Check” proposal aims to gather the Aave community’s feedback on the proposed enhancements to advance the Aave protocol. Aave V4 At the …

This post was published at CryptoSlate

/ Crypto Currency, Defi

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.

This post was published at Cointelegraph

Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch

The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.

This post was published at Cointelegraph

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

This post was published at Decrypt

UK sharpens focus on crypto regulation in latest anti-money laundering report

The UK Financial Conduct Authority (FCA)’s recent anti-money laundering and counter-terrorist funding (AML/CTF) efforts have focused heavily on crypto. The UK Treasury said in a May 1 report that the FCA considers crypto firms — like retail and wholesale banks and wealth management firms — to be “particularly vulnerable” to …

This post was published at CryptoSlate

Pike Finance admits to error following $1.7 million exploit, denies fault of USDC

On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: ‘The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.” Instead, weaknesses in …

This post was published at CryptoSlate

/ Crypto Currency, Defi, Economy

If the SEC Thinks Ethereum Is a Security, Are ETH ETFs Doomed?

It’s now looking like a long road ahead for ETH to come to Wall Street. But that’s a surprise to few.

This post was published at Decrypt

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