Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold …

This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%. Source: https://www.coindesk.com/business/2023/05/03/federal-reserve-raises-fed-funds-rate-by-25-basis-points/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

With Coinbase under pressure from the SEC’s scattershot enforcement, it’s time to reassess the most boring cryptocurrency exchange on the planet. Source: https://www.coindesk.com/consensus-magazine/2023/05/03/i-owe-brian-armstrong-an-apology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The advocacy group will refocus its efforts on petitioning regulators and officials in Washington. Source: https://www.coindesk.com/policy/2023/05/03/blockchain-association-leaves-new-york-as-federal-regulatory-fight-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives. …

Modern payments tools may eventually compete with banks. But is there a place for tokenized bank deposits and central bank digital currencies in DeFi? Source: https://www.coindesk.com/consensus-magazine/2023/05/03/can-cbdcs-tokenized-deposits-stablecoins-and-defi-coexist/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization. Source: https://www.coindesk.com/business/2023/05/03/sui-mainnet-goes-live-token-trades-at-133/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender. Source: https://www.coindesk.com/policy/2023/05/03/celsius-founder-mashinsky-denies-baseless-fraud-claims-from-new-york-state/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven …

Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions Source: https://www.coindesk.com/policy/2023/05/03/allow-influencers-to-promote-registered-crypto-firms-french-senators-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines