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Latest headlines from Coindesk.

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had ...

https://www.coindesk.com/policy/2024/04/11/top-us-house-lawmakers-meet-on-stablecoin-bill-strategy-punchbowl/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.

https://www.coindesk.com/markets/2024/04/11/ondo-spikes-8-as-ondo-finance-tests-instant-conversion-from-blackrocks-tokenized-fund-to-usdc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO

Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.

https://www.coindesk.com/business/2024/04/11/thai-crypto-exchange-bitkub-may-be-valued-as-high-as-3b-in-ipo-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event

Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.

https://www.coindesk.com/markets/2024/04/11/aptos-falls-16-over-past-week-lagging-ahead-of-300m-token-unlocking-event/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Willem Schroé: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin

A Belgian polymath and his team are building a “spiderchain” network that harnesses both bitcoin’s sound money properties and Ethereum’s technological capabilities.

https://www.coindesk.com/consensus-magazine/2024/04/11/willem-schroe-building-botanix-a-bitcoin-layer-2-that-brings-the-evm-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC’s Suit Against Unswap Is an Opening Attack Against DeFi

The DEX received a Wells Notice from the regulator, suggesting an enforcement action is imminent. While we don’t know the nature of the potential charges, the news raises the threat of legal jeopardy ...

https://www.coindesk.com/consensus-magazine/2024/04/11/the-secs-suit-against-unswap-is-an-opening-attack-against-defi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says

The crypto trader is facing up to 20 years in jail if convicted on all counts.

https://www.coindesk.com/policy/2024/04/11/avi-eisenberg-may-testify-in-110m-crypto-fraud-trial-defense-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.

https://www.coindesk.com/policy/2024/04/11/ftx-founder-sam-bankman-fried-appeals-conviction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Craig Wright Drops Appeal Against Hodlonaut in Norway

Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto.

https://www.coindesk.com/policy/2024/04/11/craig-wright-drops-appeal-against-hodlonaut-in-norway/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape

Solend and Kamino were the biggest winners in the Solana DeFi landscape.

https://www.coindesk.com/business/2024/04/11/chaos-at-marginfi-shakes-up-solana-defis-borrow-and-lend-landscape/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum's Next Upgrade, 'Pectra,' Could Include Relief for Institutional Stakers, Wallet UX Improvements

Developers' aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.

https://www.coindesk.com/tech/2024/04/11/ethereums-next-upgrade-pectra-could-include-relief-for-institutional-stakers-wallet-ux-improvements/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Pepe Coin Spikes on Coinbase International Plan to List Perpetual Futures

The crypto exchange's off-shore arm will open perpetuals market for the popular meme coin on April 18.

https://www.coindesk.com/markets/2024/04/11/pepe-coin-spikes-on-coinbase-international-plan-to-list-perpetual-futures/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'

The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and...

https://www.coindesk.com/tech/2024/04/11/chainlink-aims-to-make-transfers-across-blockchains-safer-with-new-bridge-app-transporter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

'Bitcoin Sign Guy' Is Auctioning His Bitcoin Sign

Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to fund his Bitcoin/Lightning/Urbit startup.

https://www.coindesk.com/business/2024/04/11/bitcoin-sign-guy-is-auctioning-his-bitcoin-sign/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto for Advisors: Are ETH ETFs Coming?

Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.

https://www.coindesk.com/markets/2024/04/11/crypto-for-advisors-are-eth-etfs-coming/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan

There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.

https://www.coindesk.com/policy/2024/04/11/ether-spot-etfs-still-have-no-more-than-50-chance-of-approval-in-may-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium

Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.

https://www.coindesk.com/markets/2024/04/11/shiba-inu-joins-cdsa-to-battle-ai-driven-concerns-using-shibarium/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DePIN Platform Uplink Raises $10M Led by Framework Ventures

The decentralized wireless platform offers a token-reward system to incentivize users to contribute to the network.

https://www.coindesk.com/business/2024/04/11/depin-platform-uplink-raises-10m-led-by-framework-ventures/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Uniswap's Token Slides on SEC Lawsuit

The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/11/first-mover-americas-uniswaps-token-slides-on-sec-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: DLC.Link Uses Discreet Log Contracts to Create 'Safer Wrapped Bitcoin'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.

https://www.coindesk.com/tech/2024/04/11/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines