The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges. Source: https://cointelegraph.com/news/alex-labs-freezes-3-9-million-exploited-funds-cexs-after-hack
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Morgan Stanley Holds Major GBTC Stake For Clients
Morgan Stanley (NYSE:MS) disclosed a substantial stake in Grayscale’s Bitcoin Trust , totaling nearly $270 million as of March 31, according to a recent 13F filing. This investment, along with similar disclosures from banking giants like JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC), and UBS (NYSE:UBS), underscores growing institutional interest in cryptocurrency among wealth management clients. It’s worth noting that these holdings…
Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX. Source: https://cointelegraph.com/news/crypto-biz-galaxy-coinshares-q1-results-etfs-blockchain
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across the continental United States. Federal Reserve Board Abolition Act Resurfaces Two days ago, Massie, […] Source: https://news.bitcoin.com/us-lawmaker-introduces-bill-to-dismantle-feds-board-of-governors-and-abolish-the-central-bank/
Nigeria Court Clears Binance Executive for Exchange Trial
In a significant legal development, a Nigerian court has determined that Binance executive Tigran Gambaryan can be prosecuted on behalf of the cryptocurrency exchange in an ongoing tax evasion case. The case involves Binance and its executives, including Gambaryan, a U.S. citizen serving as head of financial crimes compliance, and British-Kenyan national Nadeem Anjarwalla, who holds the position of regional…
Blockchain gaming investments reached nearly $1B in April
The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month. Source: https://cointelegraph.com/news/blockchain-gaming-investments-1-billion-nft-web3-april
Telegram Founder Pavel Durov Says He’ll Hold $7 Million Notcoin Gift Until 100x
Notcoin players were feeling generous ahead of Thursday’s NOT token launch, as over half a million players of the viral Telegram-based clicker game donated a share of their in-game coins to Telegram founder Pavel Durov. Now that haul is worth millions of dollars—and Durov says he’s holding for a potential 100x gain. More than 552,000 players of Notcoin donated a share…
Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity. Source: https://cointelegraph.com/news/ethereum-price-rallies-above-3100-after-unexpected-regulatory-victory
Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positioning itself as the next popular meme coin on the Solana blockchain. Penguiana (PENGU) Presale is Up and Running The Penguiana presale showcases the strength […] Source: https://news.bitcoin.com/penguiana-reports-new-milestones-as-pengu-presale-hits-soft-cap-teases-play-to-earn-game-trailer-next-month/
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash. Source: https://cointelegraph.com/news/tornado-cash-founder-prison-defi-eu-struggles-finance-redefined