The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company. Source: https://www.coindesk.com/tech/2024/04/04/ripple-developer-behind-xrp-ledger-enters-stablecoin-fray-vs-tether-usdc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.” Source: https://www.coindesk.com/policy/2024/04/04/google-takes-legal-action-against-alleged-crypto-scammers-for-uploading-fraudulent-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming. Source: https://www.coindesk.com/markets/2024/04/04/ethereum-layer-2s-could-rocket-to-1t-base-valuation-by-2030-vaneck-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The license is the first awarded by Singapore to a crypto market maker. Source: https://www.coindesk.com/policy/2024/04/04/crypto-market-maker-gsr-recieves-singapore-crypto-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble. Source: https://www.coindesk.com/business/2024/04/04/frax-finance-expands-to-cosmos-ecosystem-via-asset-issuance-chain-noble/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10. Source: https://www.coindesk.com/tech/2024/04/03/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction. Source: https://www.coindesk.com/markets/2024/04/03/choppy-bitcoin-price-action-continues-ahead-of-fridays-jobs-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ARP Digital says its the “first and only Central Bank-licensed OTC service provider specialized in digital asset-structured products.” Source: https://www.coindesk.com/business/2024/04/03/digital-asset-platform-with-ex-goldman-partner-as-co-founder-gets-bahrain-crypto-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Recent price appreciation veils the far greater potential of blockchain technology. Source: https://www.coindesk.com/markets/2024/04/03/are-you-too-late-to-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain. Source: https://www.coindesk.com/consensus-magazine/2024/04/03/must-bitcoin-drop-ideals-of-decentralization-to-achieve-mass-adoption/?utm_medium=referral&utm_source=rss&utm_campaign=headlines