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Crypto News
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
The FTC’s Non-Compete Ban Is Good for the Crypto Industry
Employment contracts that stop free movement of labor conflict with an innovative industry’s open-source ethos, says Linda Jeng, CEO of Digital Self Labs, a Web3 advisory firm.
Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync
The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
‘Buy Bitcoin’ Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
The move may bring fresh energy and capital into the spot ETFs.
