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Kraken counters SEC’s legal interpretation in dismissal motion

Kraken argues that the SEC’s efforts to refute unaddressed arguments indicate a misunderstanding of the case’s central points.

BlockFi partners with Coinbase for fund distribution, shuts down web platform

The plan administrator will continue to use Coinbase for upcoming distribution rounds, potentially involving recovered funds from FTX.

SBF maintains his innocence as he trades rice in jail

FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well.

RNDR pumps 11% after Apple mentions Octane

A brief, three-second mention of Render’s Octane software in an Apple promo video was spotted by traders amid RNDR already witnessing significant price appreciation this week.

President Joe Biden is trying hard to 'kill crypto', says Cardano founder

“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.

Altcoins will bottom in early summer before bull run — Analyst

An altcoin bull run would first require Bitcoin to break out from its current range, according to Nansen's principal research analyst.

Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.

Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030

“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction.

Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC

Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned.

Tether slams Deutsche Bank over suggestion its stablecoin could fail

Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines.

Bitcoin could soon ‘BLOW higher’ on bullish candle hammer: Glassnode execs

Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.

Marathon Digital misses Q1 estimates on bad weather, utility failures

The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.

Base set for ‘material share’ of SocialFi activity: Franklin Templeton

Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow.

Binance hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express

Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the “equivalent” of $50B. Asia Express.

Coinbase sees infinite interoperability potential with Ethereum and USDC

Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami.

Trump-themed MAGA memecoin rallies after his pro-crypto comments

Politically themed memecoins defy the crypto market’s drab performance by rallying in excess of double-digit gains.

Bugs in Gains Network fork let traders profit 900% on every trade: Report

An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered.

$1.35B in Bitcoin options expire this week — Do BTC bulls or bears have the upper hand?

This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

SEC has taken ‘too expansive’ a view of crypto, says former commissioner

Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.

Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows

Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets.

Ripple joins multi-chain DeRec Alliance for secrets management

Ripple joins the Hedera and Algorand Foundations and industry players to advance a recovery standard to rival ERC-4337.

Canadian regulator fines Binance $4.4M for AML and CFT violations

FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.

Address poisoning attacker sends $153K ETH to victim and agrees to negotiate

The attacker who pulled off a $68 million address poisoning scam has posted two messages agreeing to negotiate with the victim.

Binance co-founder and DWF Labs speak out against market manipulation allegations

Both firms deny any involvement in the allegations brought forth by The Wall Street Journal.

3 reasons why Bitcoin traders say a BTC price trend reversal is overdue

Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity.

Tokenization to unlock interoperability across payments, investments

During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments.

‘Sic AI’s on each other’ to solve artificial intelligence threat: David Brin, author

Best-selling sci-fi author David Brin says AIs could be made to police each other under threat of losing blockchain-based registration.

SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of meaningful discourse with the cryptocurrency industry.

Bitcoin price buys time at $61K as US jobless claims hit 9-month highs

Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.

Despite Bitcoin price volatility, factors point to BTC’s long-term success

Bitcoin’s volatility persists after the halving, but surging ETF inflows and thriving L2 ecosystem growth fuel long-term optimism.

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