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Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt

Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.

DeFi lending giant Aave unveils V4 protocol overhaul

Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO.

Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost

Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.

BlackRock Bitcoin ETF sees first outflow day amid record ETF bleed

BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.

US probes Jack Dorsey’s Block, Inc. over financial transactions: Report

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

MicroStrategy to launch Bitcoin-based decentralized ID solution

MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.

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.

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.

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.

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.

Proposed US bill wouldn’t allow taxing block rewards at acquisition

If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.

3 signs hint that Bitcoin price is nearing a bottom

The result of May 1’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.

Jerome Powell’s pivot heralds a boring summer for Bitcoin

The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.

Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus

The Bitcoin LSTs can be used to power the Talus blockchain's virtual artificial intelligence assistants.

Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter

Yuga Labs CEO Greg Solano said intricate corporate processes muddied the company’s creative spirit.

VC Roundup: Gaming investments surge 94% in Q124 as market rebounds

This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs.

Securitize raises $47M in strategic funding led by BlackRock

Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization.

Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?

One former CEO went to trial and maintained his innocence, while one admitted fault and turned himself in.

Price analysis 5/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging?

Meme coins: Betrayal of crypto’s ideals… or its true purpose?

Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots.

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