Samourai Wallet developer Keonne Rodriguez has pleaded not guilty to criminal charges and will stay under home incarceration until trial. Rodriguez’s bail conditions, as outlined in an April 26 docket entry, include a $1 million personal recognizance bond to be secured before May 14. Two others must co-sign the bond,…
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court. Source link
IQ.wiki, the decentralized alternative to Wikipedia for crypto topics, has made major strides in AI. In a recent episode of the SlateCast hosted by Liam “Akiba” Wright and Nate Whitehill, Navin Vethanayagam, Chief Brain of IQ.wiki, discussed the project’s latest AI initiatives and the importance of decentralizing AI systems. The…
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand. Source link
A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies like Tether (USDT) by countries such as Russia, Iran, and North Korea to bypass international sanctions. The letter, signed by Senators Elizabeth Warren (D-Mass.) and Roger…
Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week. Source link
The Gary Gensler-led Securities and Exchange Commission (SEC) began investigating Ethereum’s security status last year, according to an April 29 court filing by Consensys. The filing disclosed that Gurbir Grewal, the Director of the Division of Enforcement, sanctioned the Formal Order of Investigation concerning ‘Ethereum 2.0’ in March 2023. This…
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea. Source link
Quick Take Jim Bianco, head of Bianco Research, has been a vocal critic of the Bitcoin ETFs due to their centralization concerns. Bianco recently said: “A spot ETF is NOT, repeat not, decentralized!” He also believes that the main investors in these ETFs are “Orange FOMO poker chips for paper-handed…
Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term. Source link