Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines
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Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines

Argentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign companies or platforms that pay in crypto. Argentines […] Source: https://news.bitcoin.com/reports-crypto-is-at-the-forefront-of-the-side-job-economy-for-argentines/

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023 alone, and details several […] Source: https://news.bitcoin.com/un-report-crypto-crime-provided-north-korea-up-to-half-of-its-foreign-currency-income/

GAIMIN and io.net Agree to Collaborate on the Powering of Cloud Gaming
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GAIMIN and io.net Agree to Collaborate on the Powering of Cloud Gaming

PRESS RELEASE. GAIMIN (www.gaimin.io), the world’s leader in delivering decentralised data processing power through gaimin.cloud (www.gaimin.cloud), and io.net (www.io.net) one of the world’s largest Decentralized Physical Infrastructure Network (DePIN) for AI compute have agreed to investigate how the synergistic technologies from both companies can be integrated to deliver the processing capability to support the growing […] Source: https://news.bitcoin.com/gaimin-and-io-net-agree-to-collaborate-on-the-powering-of-cloud-gaming/

Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
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Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome

Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point […] Source: https://news.bitcoin.com/ripple-ceo-expects-sec-to-lose-against-ethereum-mirroring-xrp-lawsuit-outcome/

Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program
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Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program

The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1 million to participants that provide liquidity for these tokens on Trader Joe and Steakhut, two AVAX decentralized platforms, and expand to include other platforms. Avalanche […] Source: https://news.bitcoin.com/avalanche-doubles-down-on-meme-coins-announces-1-million-liquidity-mining-incentives-program/

SEC Delays Decision on BlackRock's Spot Ethereum ETF Application
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SEC Again Delays Decision on Grayscale Ethereum ETF

The U.S. Securities and Exchange Commission postponed a decision on whether to approve Grayscale Ethereum Futures Trust’s Ethereum ETF application, the agency said in a document filed on Friday. Its new deadline is May 30. The Securities Exchange Act of 1934 gives the agency has 180 days or six months from when notice of the proposed rule change is published.…

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Apple Macs Have a Fatal Flaw That Lets Hackers Steal Your Crypto—And There's No Fix
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Apple Macs Have a Fatal Flaw That Lets Hackers Steal Your Crypto—And There’s No Fix

Hackers have a new way to try and steal your crypto—and if you’re using an Apple device made in the last half decade, there’s not much you can do to mitigate the attack. Security researchers have discovered a vulnerability in Apple’s latest computer chips—its M1, M2, and M3 series, which powers all of its latest devices—that could let hackers steal…

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SatoshiDEX Is Launching the World’s First DEX on Bitcoin, Surpassing $5M in Fundraising
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SatoshiDEX Is Launching the World’s First DEX on Bitcoin, Surpassing $5M in Fundraising

PRESS RELEASE. SatoshiDEX is a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: Trade tokens on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees. Stake and earn $SATX So far, they have raised over $5,000,000 on presale, and presale is going to […] Source: https://news.bitcoin.com/satoshidex-is-launching-the-worlds-first-dex-on-bitcoin-surpassing-5m-in-fundraising/

LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody
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LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody

The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the retrieval of all stolen items. California Authorities Arrest Trio for Stealing Bitcoin Mining Hardware On March 19, 2024, the LAPD, along with detectives from the […] Source: https://news.bitcoin.com/lapd-recovers-6-9-million-worth-of-stolen-bitcoin-mining-rigs-suspects-in-custody/

Crypto Markets
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Cryptos and Stocks Close the Week in Red, Analysts Eye Post-Halving Bitcoin Rally

The cryptocurrency market concluded the week with a downward trend, witnessing Bitcoin (BTC) slipping below $64,000 again, while altcoins also recorded losses amidst profit-taking activities by traders preparing for the next significant uptrend. Similarly, stocks faced pressure after a Thursday rally pushed all three major indexes to new record highs, driven by expectations of lower interest rates. At the market…

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