His four-month sentence was vindication for the Binance founder’s legal strategy. Source: https://www.coindesk.com/consensus-magazine/2024/05/02/czs-trial-proves-it-pays-to-cooperate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength. Source: …

An SEC approval for spot ETH ETFs looks unlikely but even if the SEC approves exchange traded funds for Ether, investors should learn about total return ETH investment products. …

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said. Source: https://www.coindesk.com/business/2024/05/01/bitcoin-could-drop-further-to-as-low-as-50k-standard-chartered-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

He likened FTX’s Sam Bankman-Fried to Luke Skywalker and Binance’s Changpeng Zhao to Darth Vader. Federal judges saw it differently. Source: https://www.coindesk.com/consensus-magazine/2024/05/01/as-cz-gets-his-sentence-michael-lewis-should-rewatch-star-wars/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab. Source: https://www.coindesk.com/tech/2024/05/01/blockchain-sleuth-elliptic-explores-ai-and-anti-money-laundering-using-200m-bitcoin-transactions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury …

BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday. Source: https://www.coindesk.com/markets/2024/05/01/bitcoin-sinks-below-58k-crypto-market-drops-9-in-run-up-to-fed-decision/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell …