Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues. Source: https://www.coindesk.com/policy/2023/05/12/do-kwon-set-to-be-released-on-bail-in-montenegro-travel-document-forgery-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano. Source: https://www.coindesk.com/tech/2023/05/12/cardano-scaling-node-hydra-head-goes-live-on-blockchains-mainnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prices fell to $26,160 soon before press time, reaching the lowest since March 17. Source: https://www.coindesk.com/markets/2023/05/12/btc-slips-to-2-month-low-as-coindesks-bitcoin-trend-indicator-sheds-bullish-bias/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prices of the NFT collection have soared in the past two days. Source: https://www.coindesk.com/markets/2023/05/12/dogecoin-like-spike-in-milady-nfts-after-elon-musks-tweet-but-will-it-last/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: The CEO of Stablecorp says that bitcoin’s recent dip is part of its growing pains. He says that the scalability of the bitcoin network and liquidity present challenges. …

Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information. Source: https://www.coindesk.com/business/2023/05/11/binanceus-explores-ways-to-decrease-czs-dominant-share-the-information/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Developers resolved the finalization issues and are investigating what caused the outage. Source: https://www.coindesk.com/tech/2023/05/11/ethereum-mainnet-was-unable-to-fully-finalize-transactions-for-25-minutes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties. Source: https://www.coindesk.com/markets/2023/05/11/bitcoin-edges-below-27k-as-latest-bank-crisis-fails-to-trigger-price-increase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers …

Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade. Source: https://www.coindesk.com/business/2023/05/11/polychain-snubs-lucrative-crypto-arbitrage-prepares-to-trade-6m-of-rook-token-on-uniswap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines