The funds will go toward reducing Mawson’s debts and fueling growth. Source: https://www.coindesk.com/business/2023/04/19/bitcoin-miner-mawson-to-sell-texas-sites-for-85m-to-singapore-fund-manager/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex’s millions. Source: https://www.coindesk.com/policy/2023/04/19/prosecutors-seek-seven-year-prison-sentence-for-reggie-fowler-in-crypto-shadow-bank-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work …

Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market. Source: https://www.coindesk.com/markets/2023/04/19/institutions-flock-to-ether-after-shapella-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The sudden drop on no immediate fundamental catalyst flushed millions of dollars worth of futures positions. Source: https://www.coindesk.com/markets/2023/04/19/bitcoin-drops-1000-in-15-minutes-longs-make-98-of-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday. Source: https://www.coindesk.com/policy/2023/04/19/sec-chair-gensler-declines-to-say-if-ether-is-a-security-in-contentious-congressional-hearing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An entity connected to a wallet named “jaredfromsubway.eth” is sandwiching crypto traders, mainly those betting on tokens such as pepe and chad. Source: https://www.coindesk.com/tech/2023/04/19/ethereum-fees-spike-as-bots-spend-millions-to-frontrun-punters-of-pepe-chad/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin’s recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment. …

The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be …