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Microsoft pours $2.2B into Malaysia for cloud, AI expansion

In a statement, Microsoft said it will collaborate with the Malaysian government to establish a “national AI Center of Excellence” and improve cybersecurity capabilities.

Indian enforcement agency collaborates with Binance to bust scam app

The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.

LayerZero cross-chain interoperability protocol completes first airdrop snapshot

LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world’s largest perps DEX, suggesting a potential $17 billion fully diluted valuation.

Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M

BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction.

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services.

Nigeria’s Patricia exchange CEO refutes closure rumors

Patricia came under scrutiny following a hacking incident in May 2023, which led to a significant loss of customer funds.

Arkansas bills reining in crypto miners head for governor approval

Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.

Synethix founder Kain Warwick targets mid-May launch for Infinex DEX

The Infinex protocol — dubbed the "UX Layer" of DeFi — is targeting a May 13 launch, pending a final vote from Infinex's governing council.

Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst

Bitcoin’s dominance in the crypto market is “now losing major support” and has potentially even “peaked,” according to crypto analysts.

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?

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