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Latest headlines from Coindesk.

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats Up

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

https://www.coindesk.com/business/2024/04/30/tokenized-asset-issuer-backed-raises-95m-as-cryptos-rwa-race-heats-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap

The token has $75 million in trading volume in the hour after claims went live.

https://www.coindesk.com/markets/2024/04/30/liquid-restaking-protocol-renzo-airdrops-rez-token-debuts-at-289m-market-cap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

The latest price moves in bitcoin (BTC) and crypto markets in context for April 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/30/first-mover-americas-bitcoin-falls-to-62k-as-hong-kong-etfs-fail-to-meet-expectations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.

https://www.coindesk.com/markets/2024/04/30/bitcoin-slips-under-62k-as-hong-kong-etfs-disappoint/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Bitcoin and Ether ETFs Have Soft Debut

The volume of ether exchange-traded funds came in at over $13 million, while bitcoin ETFs came in at $7.5 million.

https://www.coindesk.com/markets/2024/04/30/hong-kong-bitcoin-and-ether-etfs-have-soft-debut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say

Indonesia’s presidential election in February initially ended in controversy when the winning duo claimed victory before official results were released.

https://www.coindesk.com/policy/2024/04/30/indonesias-election-results-may-be-good-for-crypto-industry-watchers-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

Industry watchers are hoping for a younger, tech-savvy cohort of politicians that can push innovation-friendly policy forward.

https://www.coindesk.com/policy/2024/04/30/ahead-of-eu-elections-crypto-industry-pushes-blockchain-merits-as-policy-focus-shifts-to-ai/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August

Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.

https://www.coindesk.com/markets/2024/04/30/bitcoin-set-to-become-more-dominant-even-as-btc-stares-at-first-monthly-loss-since-august/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC

The $2.8 billion coal giant said that it is mining bitcoin with the excess power it generates.

https://www.coindesk.com/markets/2024/04/30/coal-miner-alliance-resource-dabbles-in-crypto-mining-mines-425-btc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

https://www.coindesk.com/markets/2024/04/29/bitcoin-wavers-around-63k-awaiting-hong-kong-spot-crypto-etf-debut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a ...

https://www.coindesk.com/policy/2024/04/29/samourai-wallet-co-founder-keonne-rodriguez-pleads-not-guilty-released-on-1m-bond/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As Wasabi Wallet and Phoenix Leave the U.S., What’s Next for Non-Custodial Crypto?

Following DOJ action against Samourai Wallet and a possible Metamask investigation, Wasabi Wallet and Phoenix are closing their U.S. offerings. Is non-custodial crypto under threat?

https://www.coindesk.com/consensus-magazine/2024/04/29/as-wasabi-wallet-and-phoenix-leave-the-us-whats-next-for-non-custodial-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs

Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.

https://www.coindesk.com/markets/2024/04/29/press-briefing-with-chinaamc-executive-ahead-of-tuesday-launch-of-hong-kong-spot-bitcoin-and-ether-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token

Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.

https://www.coindesk.com/tech/2024/04/29/eigenlayer-after-touching-off-restaking-frenzy-plans-own-eigen-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Changing Face of Risk in DeFi

The biggest risk factors in the new era of decentralized finance may be economic, not technical, says Jesus Rodriguez, CEO of IntoTheBlock.

https://www.coindesk.com/consensus-magazine/2024/04/29/the-changing-face-of-risk-in-defi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet

Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.

https://www.coindesk.com/markets/2024/04/29/binances-cz-will-spend-less-than-a-year-in-prison-polymarket-traders-bet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

We Must Protect Crypto-AI From Financial Nihilism

Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real customers for real products and services that solve actual problems, ...

https://www.coindesk.com/consensus-magazine/2024/04/29/we-must-protect-crypto-ai-from-financial-nihilism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears

The latest price moves in bitcoin (BTC) and crypto markets in context for April 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/04/29/first-mover-americas-bitcoin-ether-sink-amid-us-stagflation-fears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines