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Latest headlines from Coindesk.

Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync

The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.

https://www.coindesk.com/tech/2024/04/25/avail-da-to-integrate-with-arbitrum-optimism-polygon-starkware-zksync/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Drops Below $64K, Ether Falls

The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/25/first-mover-americas-bitcoin-drops-below-64k-ether-falls/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud

Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.

https://www.coindesk.com/policy/2024/04/25/jebara-igbara-aka-jay-mazini-sentenced-to-7-years-in-prison-for-crypto-related-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum

The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.

https://www.coindesk.com/business/2024/04/25/eigenlayer-powered-aligned-layer-raises-20m-to-make-zk-proofs-faster-cheaper-on-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the shor...

https://www.coindesk.com/policy/2024/04/25/stablecoin-bill-could-be-ready-for-the-us-house-soon-says-top-democrat-maxine-waters-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report

The move may bring fresh energy and capital into the spot ETFs.

https://www.coindesk.com/business/2024/04/25/morgan-stanley-may-soon-allow-brokers-to-pitch-bitcoin-etfs-to-customers-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

'Buy Bitcoin' Sign Sold for Over $1M at Auction

Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.

https://www.coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock's Bitcoin ETF Snaps 71-Day Inflows Streak, Data Show

Inflows have slowed this month, taking the wind out of the bitcoin bull run.

https://www.coindesk.com/markets/2024/04/25/blackrocks-bitcoin-etf-snaps-71-day-inflows-streak-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: SEDA, Data and Computation Network, Launches Mainnet Genesis

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.

https://www.coindesk.com/tech/2024/04/24/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

https://www.coindesk.com/consensus-magazine/2024/04/24/do-kwons-huge-fine-shows-the-sec-is-ratcheting-up-penalties-against-crypto-firms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Samourai Wallet Founders Arrested and Charged With Money Laundering

Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to...

https://www.coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.

https://www.coindesk.com/consensus-magazine/2024/04/24/your-crypto-project-needs-a-sheriff-not-a-bounty-hunter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023

Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.

https://www.coindesk.com/business/2024/04/24/kpmg-survey-finds-75-of-canadas-institutions-owned-crypto-assets-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst

One of the issuers waived management fees for the first six months, undercutting rival offerings.

https://www.coindesk.com/business/2024/04/24/spot-bitcoin-ether-etfs-get-official-approval-in-hong-kong-potential-fee-war-unfolding-says-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Why Asset Tokenization Is Inevitable

On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutio...

https://www.coindesk.com/business/2024/04/24/why-asset-tokenization-is-inevitable/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Why Base Chain Has Potential to Lock the Next Generation of Crypto Users

The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.

https://www.coindesk.com/markets/2024/04/24/why-base-chain-has-potential-to-lock-the-next-generation-of-crypto-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.

https://www.coindesk.com/business/2024/04/24/tethers-stablecoin-dominance-may-wane-following-proposed-us-rules-sp/?utm_medium=referral&utm_source=rss&utm_campaign=headlines