Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved. Source: https://cointelegraph.com/news/patricia-ceo-debunks-closure-rumors-crypto-exchange
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Arkansas bills reining in crypto miners heads 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. Source: https://cointelegraph.com/news/arkansas-crypto-mining-bills-heading-governor-approval
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms. The update also focuses on automatizing interest rates based on market conditions with Chainlink data […] Source: https://news.bitcoin.com/aave-labs-unveils-ambitious-plans-for-protocol-v4-enhancing-gho-stability-and-cross-chain-liquidity/
Synethix founder Kain Warwick targets mid-May launch for Infinex DEX
The Infinex front-end DEX is targeting a May 13 launch, pending a final vote from Synthetix’s governing council. Source: https://cointelegraph.com/news/synethix-kain-warwick-targets-mid-may-infinex-dex-launch
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 potentially has even “peaked” according to crypto analysts. Source: https://cointelegraph.com/news/bitcoin-dominance-declines-altcoins-may-start-upswing-analyst
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […] Source: https://news.bitcoin.com/wyoming-senator-slams-dojs-take-on-non-custodial-crypto-software-vows-to-protect-user-rights/
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. Source: https://cointelegraph.com/news/crypto-firms-greatest-risks-money-laundering-uk-treasury
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. Source: https://cointelegraph.com/news/aave-unveils-v4-protocol-overhaul-2030-roadmap
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […] Source: https://news.bitcoin.com/us-coal-miner-uses-excess-power-to-mine-btc-earns-61-coins-in-q1-2024/
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. Source: https://cointelegraph.com/news/bitcoin-price-dip-may-panic-short-term-holders-analysts