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The European Central Bank (ECB) released its third progress report on digital euro design on April 24. This time the bank looked at access and distribution options that have been endorsed by the ECB’s Governing Council. Convenience is clearly a priority for access to the potential digital euro. Digital euro…
Ethereum staking withdrawals have entered their third “round,” but Ether (ETH) staking deposits have almost equaled them, according to the data from the analytics platform Nansen. Ethereum staking withdrawals started ramping up for the third time on April 24 and into April 25. According to Nansen, the crypto exchange Kraken…
South Korean prosecutors have indicted Terraform Labs co-founder Daniel Shin and nine others for multiple charges — including capital markets law violation, illegal trading, and breach of trust. On April 25, Bloomberg reported that the Seoul Southern District Prosecutors’ Office said it has frozen assets worth 246.8 billion won ($184.7…
A freshly unsealed indictment has charged five individuals with “conspiring to manipulate the market” in relation to an alleged scheme involving the ERC-20 Hydro (HYDRO) token. An April 24 statement from the United States Department of Justice (DOJ) said the indictment charged three people for conspiring to manipulate the market…
Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought to provide more “granular” real-time market data to GMX v2. Voting ended on April 25 at 12:00 am UTC, with over 96% of participating GMX tokenholders voting in favor of the…
The World Economic Forum (WEF) indirectly endorsed using flare emissions for mining Bitcoin. In an unexpected turn of events, the lobbying group released a video featuring Chase Lochmiller, the CEO and co-founder of Crusoe Energy, talking about turning waste methane emissions into energy. Crusoe Energy takes mobile and modular infrastructure…
Coinbase has filed an action in a United States federal court seeking to compel the country’s securities regulator to provide a “yes or no” response to a petition the exchange has had pending since July 2022. The petition requested the Securities and Exchange Commission (SEC) propose and adopt clearer regulatory…
Judge Lewis Kaplan approved the alternative method employed by Sam Bankman-Fried’s lawyers to monitor his parents’ cell phones despite not meeting some of the conditions set by the court. The court ordered SBF’s defense in March to monitor his parents’ phones to ensure that he was not doing anything that…
A “fast track” option for licensed crypto firms in France to get regulated under the upcoming Markets in Crypto-Assets (MiCA) laws has been mulled by the country’s financial regulator. In a statement published on April 21, the French Financial Markets Authority (AMF) welcomed the approval of MiCA and outlined how…