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Protocol Village: Coinbase Integrates Lightning Network With David Marcus's Lightspark

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.

April 30, 2024

U.S. Securities and Exchange Commission Chair Gary Gensler has been accused of misleading Congress on his ether views. (Jesse Hamilton/CoinDesk)
Policy

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.

April 30, 2024

Bitcoin price in April (CoinDesk)
Markets

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.

April 30, 2024

EigenLayer founder Sreeram Kannan at ETH Denver 2024 (Danny Nelson/CoinDesk)
Consensus Magazine

Why Eigenlayer’s Airdrop Is Controversial

Although it’s actually conservative.

April 30, 2024

An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
Policy

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments...

April 30, 2024

Roger Ver (Wikimedia Commons)
Policy

Roger Ver Indicted for Tax Fraud

The man sometimes called "Bitcoin Jesus" did not pay capital gains on hundreds of millions of dollars he raised in selling bitcoin in 2017, the DOJ alleged.

April 30, 2024

(Hugh Whyte/Unsplash)
Consensus Magazine

Crypto’s Transition: Bringing Capital Onshore

Today, offshore firms dominate the list of the biggest cryptocurrency exchanges. Expect the center of gravity to come onshore going forward, says Paul Brody, head of blockchai...

April 30, 2024

Department of Justice (Shutterstock)
Policy

Distilling the Tornado Cash and Samourai Suits

It's about "code is speech," sure, but the DOJ asserts it's not just code.

April 30, 2024

CoinDesk 20 leaders (CoinDesk Indices)
Markets

Ether Holds Up Despite Correction in CoinDesk 20: CoinDesk Indices Market Update

All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.

April 30, 2024

"Shrapnel" image (Neon)
Consensus Magazine

‘It's Modding, But on Steroids’: Mark Long on the Future of Web3 Gaming

Shrapnel, a blockchain-infused first-person shooter game, is expected to be released in 2025. Its creator gives a preview to Jeff Wilser ahead of his appearance at Consensus 2...

April 30, 2024

Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)
Finance

Paradigm Special Counsel Has Left the Crypto-Focused VC Firm

Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.

April 30, 2024

(Jim Henderson, modified by CoinDesk)
Markets

BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's

BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

April 30, 2024

Riyadh, Saudi Arabia
Consensus Magazine

Web3 in the Middle East: Do All Roads Lead to Riyadh?

With a young population, enormous government funding and the hope of favorable regulation, expectations are high that Saudi Arabia will become a hub for crypto in the Middle E...

April 30, 2024

Binance founder Changpeng Zhao exits a Seattle courthouse after being sentenced to four months in prison. (Danny Nelson/CoinDesk)
Policy

Binance Founder Changpeng "CZ" Zhao Gets 4 Months in Prison

"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.

April 30, 2024

Art installation reminiscent of digital ecosystems
Finance

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats Up

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

April 30, 2024

Coins dropping / Getty Images
Markets

Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap

The token has $75 million in trading volume in the hour after claims went live.

April 30, 2024

BTC price FMA, April 30 2024 (CoinDesk)
Markets

First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

The latest price moves in crypto markets in context for April 30, 2024.

April 30, 2024

BTC's price. (CoinDesk/TradingView)
Markets

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.

April 30, 2024

Indonesia flag (Bisma Mahendra/Unsplash)
Policy

Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say

The presidential election in February initially ended in controversy when the winning duo claimed victory before official results were released.

April 30, 2024

Hong Kong harbor skyline view into Kowloon
Markets

Hong Kong Bitcoin and Ether ETFs Have Soft Debut

The volume of crypto exchange-traded funds came in at just over $11 million.

April 30, 2024