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Latest headlines from Coindesk.

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.

https://www.coindesk.com/tech/2024/04/04/ripple-developer-behind-xrp-ledger-enters-stablecoin-fray-vs-tether-usdc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K

Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.

https://www.coindesk.com/markets/2024/04/04/bitcoin-cash-spikes-10-after-halving-bitcoin-hovers-above-66k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Galaxy Digital to Raise $100M for New Fund

The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/04/first-mover-americas-galaxy-digital-to-raise-100m-for-new-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps

The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."

https://www.coindesk.com/policy/2024/04/04/google-takes-legal-action-against-alleged-crypto-scammers-for-uploading-fraudulent-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nigeria Court Adjourns Hearings for Binance, Execs' Tax Evasion Cases: Reports

The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.

https://www.coindesk.com/policy/2024/04/04/nigeria-court-adjourns-hearings-for-binance-execs-tax-evasion-cases-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming.

https://www.coindesk.com/markets/2024/04/04/ethereum-layer-2s-could-rocket-to-1t-base-valuation-by-2030-vaneck-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.

https://www.coindesk.com/markets/2024/04/04/wormholes-w-token-is-paying-out-999-a-week-on-solana-protocol-kamino/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Market Maker GSR Recieves Singapore Crypto License

The license is the first awarded by Singapore to a crypto market maker.

https://www.coindesk.com/policy/2024/04/04/crypto-market-maker-gsr-recieves-singapore-crypto-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.

https://www.coindesk.com/business/2024/04/04/frax-finance-expands-to-cosmos-ecosystem-via-asset-issuance-chain-noble/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10.

https://www.coindesk.com/tech/2024/04/03/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.

https://www.coindesk.com/markets/2024/04/03/choppy-bitcoin-price-action-continues-ahead-of-fridays-jobs-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Using the Money Printer

If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin...

https://www.coindesk.com/tech/2024/04/03/the-protocol-using-the-money-printer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License

ARP Digital says its the "first and only Central Bank-licensed OTC service provider specialized in digital asset-structured products."

https://www.coindesk.com/business/2024/04/03/digital-asset-platform-with-ex-goldman-partner-as-co-founder-gets-bahrain-crypto-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Defending Goldman Sachs’ Latest Crypto Criticism

Instead of poking holes in recent anti-crypto comments made by Goldman Sachs’ CIO of Asset & Wealth Management, Noelle Acheson attempts to understand where they’re coming from, and what they suggest f...

https://www.coindesk.com/consensus-magazine/2024/04/03/defending-goldman-sachs-latest-crypto-criticism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Where BlackRock Goes, Liquidity Flows

BlackRock and Securitize’s new digital assets fund is a game-changer for tokenization and the wider regulated market, says Peter Gaffney, head of research at Security Token Advisors.

https://www.coindesk.com/business/2024/04/03/where-blackrock-goes-liquidity-flows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cultivating Diversity, Inclusion and Humanity in the Crypto Community

As we enter another bull run, how do we make sure the crypto rocketship doesn’t become another boys’ club?

https://www.coindesk.com/consensus-magazine/2024/04/03/cultivating-diversity-inclusion-and-humanity-in-the-crypto-community/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Are You Too Late to Crypto?

Recent price appreciation veils the far greater potential of blockchain technology.

https://www.coindesk.com/markets/2024/04/03/are-you-too-late-to-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?

Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain.

https://www.coindesk.com/consensus-magazine/2024/04/03/must-bitcoin-drop-ideals-of-decentralization-to-achieve-mass-adoption/?utm_medium=referral&utm_source=rss&utm_campaign=headlines