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Latest headlines from Coindesk.

Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police

Tokens on the platform were moved to an "unknown, external address" last week while its team members were under detention.

https://www.coindesk.com/policy/2024/04/09/filecoin-liquid-staking-platform-stfil-claims-team-members-under-investigation-by-chinese-police/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Meme Coin Generator Pump on Track for $66M Yearly Revenue

The tool has made over $5 million since going live in early March, with thousands of tokens issued daily.

https://www.coindesk.com/markets/2024/04/09/solana-meme-coin-generator-pump-on-track-for-66m-yearly-revenue/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says

The crypto market faces the U.S. tax season liquidity test around the time Bitcoin's blockchain implements the fourth mining-reward halving on April 20.

https://www.coindesk.com/markets/2024/04/09/bitcoin-could-slump-around-reward-halving-time-arthur-hayes-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform

The move will allow the crypto payments firm to consolidate its custody technology.

https://www.coindesk.com/business/2024/04/09/bcb-group-moves-custody-of-digital-asset-operations-to-metacos-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

South Korea’s April 10 Election: What’s at Stake for the Crypto Universe

On April 10, 2024, South Korea is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly and political analysts say it w...

https://www.coindesk.com/policy/2024/04/09/south-koreas-april-10-election-whats-at-stake-for-the-crypto-universe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Rallies to $3.6K as Bitcoin Holds Steady at $71K

Liquid staking tokens like Lido, Rocket Pool, and ether.fi follow ether's gains.

https://www.coindesk.com/markets/2024/04/09/ether-rallies-to-36k-as-bitcoin-holds-steady-at-71k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Trader Eisenberg's $110M Fraud Trial to Put DeFi Under Microscope

The two-week trial will test the government's strategy of portraying complex crypto trades as simple fraud.

https://www.coindesk.com/policy/2024/04/08/crypto-trader-eisenbergs-110m-fraud-trial-to-put-defi-under-microscope/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst

Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.

https://www.coindesk.com/markets/2024/04/08/stablecoin-growth-is-more-important-cue-for-crypto-bull-market-than-bitcoin-etf-inflows-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Market Cap to Double to $5 Trillion by Year-End: Ripple CEO

Brad Garlinghouse highlighted several macroeconomic factors behind the potential growth of the total crypto market value.

https://www.coindesk.com/business/2024/04/08/crypto-market-cap-to-double-to-5-trillion-by-year-end-ripple-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

6 Ways the Halving Will Impact Bitcoin Mining

The next Bitcoin halving, scheduled for April 20, is poised to significantly impact the mining landscape. Below Jaran Mellerud, of Hashlabs Mining, forecasts for what lies ahead.

https://www.coindesk.com/consensus-magazine/2024/04/08/6-ways-the-halving-will-impact-bitcoin-mining/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports

Tigran Gambaryan was remanded pending trial, reports say.

https://www.coindesk.com/policy/2024/04/08/detained-binance-exec-pleads-not-guilty-to-money-laundering-charges-in-nigeria-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets

Eigenlayer has a 75% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.

https://www.coindesk.com/markets/2024/04/08/which-crypto-projects-will-airdrop-next-prediction-markets-are-placing-bets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ENA Rises 15% as Ethena Labs Increases Staking Rewards

ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for some users.

https://www.coindesk.com/business/2024/04/08/ena-rises-15-as-ethena-labs-increases-staking-rewards/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chainalysis Hires Former IRS Criminal Investigations Chief Jim Lee

In his new role, Lee will advise law enforcement and tax agencies on how they can better fight crypto crime with Chainalysis’ data.

https://www.coindesk.com/business/2024/04/08/chainalysis-hires-former-irs-criminal-investigations-chief-jim-lee/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

JPMorgan CEO Jamie Dimon's Annual Letter: Interest Rates Could Go Far Higher Than Many Expect

Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing.

https://www.coindesk.com/markets/2024/04/08/jpmorgan-ceo-jamie-dimons-annual-letter-interest-rates-could-go-far-higher-than-many-expect/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment

Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy.

https://www.coindesk.com/business/2024/04/04/crypto-vc-firm-polychain-tops-up-ai-platform-rituals-25m-funding-round-with-multimillion-dollar-investment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: BTC Reclaims $72K; Meme Coins Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for April 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/08/first-mover-americas-btc-reclaims-72k-meme-coins-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.

https://www.coindesk.com/markets/2024/04/08/microstrategy-should-continue-to-rally-as-bitcoin-halving-nears-benchmark/?utm_medium=referral&utm_source=rss&utm_campaign=headlines