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Latest headlines from Coindesk.

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.

https://www.coindesk.com/tech/2024/04/16/og-bitcoin-l2-stacks-is-getting-a-major-overhaul/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance.US Taps Former New York Fed Compliance Chief for Board Role

Binance.US added Martin Grant, a one-time New York Federal Reserve Bank official who spent 17 years as its chief compliance and ethics officer, to its board of directors.

https://www.coindesk.com/policy/2024/04/16/binanceus-taps-former-new-york-fed-compliance-chief-for-board-role/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche

The loans are currently live in Colorado and plan to extend to other states.

https://www.coindesk.com/business/2024/04/16/homium-raises-10m-and-tokenizes-home-equity-loans-on-avalanche/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds

The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview...

https://www.coindesk.com/business/2024/04/16/max-boonens-pv01-tokenizes-5m-us-treasury-bill-with-plans-to-look-at-corporate-bonds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: BTC Below $62.5K While Altcoins Wipe Gains

The latest price moves in bitcoin (BTC) and crypto markets in context for April 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/16/first-mover-americas-btc-below-625k-while-altcoins-wipe-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana DEX Drift to Airdrop 100M Tokens in Weeks

Some surprise winners in Drift's road to decentralization include MetaDAO.

https://www.coindesk.com/tech/2024/04/16/solana-dex-drift-to-airdrop-100m-tokens-in-weeks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Could Surge to $120K on 'Doomsday Rally,' Trader Says

Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some observers say.

https://www.coindesk.com/markets/2024/04/16/bitcoin-could-surge-to-120k-on-doomsday-rally-trader-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

TON-Based Economy Starting to Take Root in Telegram, TON Foundation Says

The Open League program, announced on April 1, is bringing users on-chain in "unprecedented numbers," TON Foundation's Justin Hyun said.

https://www.coindesk.com/markets/2024/04/16/ton-based-economy-starting-to-take-root-in-telegram-ton-foundation-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

The fresh round of capital will be used to help launch Puffer’s mainnet.

https://www.coindesk.com/tech/2024/04/16/liquid-restaking-protocol-puffer-raises-18m-led-by-brevan-howard-electric-capital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules

The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, wh...

https://www.coindesk.com/policy/2024/04/16/tether-circle-diverge-on-how-to-tackle-global-patchwork-of-stablecoin-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bored Ape NFT Prices Tank to August 2022 Levels, Down 90% From Peak

Bored Apes were one of the most globally hyped NFTs in the last bull market, but have suffered amid a general lack of demand for NFT collections.

https://www.coindesk.com/web3/2024/04/16/bored-ape-nft-prices-tank-to-august-2022-levels-down-90-from-peak/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein

Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.

https://www.coindesk.com/markets/2024/04/16/bitcoin-miner-ceos-are-upbeat-ahead-of-the-halving-expect-ma-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish

Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields.

https://www.coindesk.com/markets/2024/04/16/analyst-who-called-bitcoins-pre-halving-rally-to-70k-turns-bearish/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

https://www.coindesk.com/markets/2024/04/16/bitcoin-dips-below-625k-as-coindesks-btc-trend-indicator-turns-neutral/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet

The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.

https://www.coindesk.com/tech/2024/04/16/crypto-exchange-okxs-new-layer-2-chain-x-layer-built-on-polygon-tech-hits-public-mainnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been ful...

https://www.coindesk.com/policy/2024/04/15/elizabeth-warren-demands-us-cftc-chair-explain-his-chats-with-sbf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love

At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.

https://www.coindesk.com/business/2024/04/15/there-are-many-bitcoin-critics-left-in-finance-despite-blackrocks-newfound-love/?utm_medium=referral&utm_source=rss&utm_campaign=headlines