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Latest headlines from Coindesk.

Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash

A hacker that stole $125 million from Poloniex's hot wallets has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according to blockchain data.

https://www.coindesk.com/business/2024/05/07/poloniex-hacker-sends-33m-worth-of-ether-to-tornado-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

https://www.coindesk.com/markets/2024/05/06/bitcoin-slips-to-63k-as-crypto-market-faces-more-us-regulatory-pressure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says

Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor's MicroStrategy (MSTR) stock could surge, too, on its way toward getting "meaningfully higher" by the...

https://www.coindesk.com/markets/2024/05/06/two-big-bitcoin-catalysts-could-drive-microstrategy-stock-gains-td-cowen-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC Can’t Stop Suing Crypto Companies

Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any...

https://www.coindesk.com/consensus-magazine/2024/05/06/the-sec-cant-stop-suing-crypto-companies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum Developers Target Ease of Crypto Wallets With 'EIP-3074'

EIP-3074 has drawn both support and concern from the Ethereum community, a code change that is supposed to improve the user experience with wallets on the blockchain.

https://www.coindesk.com/tech/2024/05/06/ethereum-developers-target-ease-of-crypto-wallets-with-eip-3074/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Allison Duettmann: How Blockchains Can Make AI Safer

The CEO of the Foresight Institute, a speaker at Consensus 2024, says there are three key areas where cryptographic technologies can improve artificial intelligence systems.

https://www.coindesk.com/consensus-magazine/2024/05/06/allison-duettmann-how-blockchains-can-make-ai-safer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jack Dorsey Leaves BlueSky Board, Touts 'Freedom Technology' of X and Nostr

Former Twitter CEO turned crypto entrepreneur Jack Dorsey is no longer a board member at BlueSky, the social network startup that he started backing in 2019 in an effort to decentralize social media.

https://www.coindesk.com/business/2024/05/06/jack-dorsey-leaves-bluesky-board-touts-freedom-technology-of-x-and-nostr/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

‘AI-Agents Will Do Crypto Transactions’: Arif Khan on the Future of Crypto-AI

Alethea CEO Arif Khan, a speaker on the AI Stage at Consensus 2024, says we’ll soon be automating daily tasks like paying bills and responding to emails.

https://www.coindesk.com/consensus-magazine/2024/05/06/ai-agents-will-do-crypto-transactions-arif-khan-on-the-future-of-crypto-ai/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Now Has a 'Neighborhood Watch' to Guard Against Hacks

Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the new information-sharing and analysis center for crypto firms.

https://www.coindesk.com/business/2024/05/06/crypto-now-has-a-neighborhood-watch-to-guard-against-hacks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robinhood Shares Fall After Its Crypto Arm Gets Wells Notice From SEC

The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.

https://www.coindesk.com/policy/2024/05/06/robinhood-shares-fall-after-its-crypto-arm-gets-wells-notice-from-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Popular Crypto Wallet MetaMask Rolls Out 'Smart Transactions' to Combat Ethereum Front-Running

It's the first step on a more ambitious roadmap to transform how Ethereum's biggest wallet works under the hood.

https://www.coindesk.com/tech/2024/05/06/popular-crypto-wallet-metamask-rolls-out-smart-transactions-to-combat-ethereum-front-running/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets

Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

https://www.coindesk.com/markets/2024/05/06/elon-musk-will-likely-remain-tesla-ceo-and-tweet-non-stop-prediction-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/06/first-mover-americas-bitcoin-nears-65000-amid-strong-crypto-rebound/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch

An Australian Federal Court mostly ruled in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday.

https://www.coindesk.com/policy/2024/05/06/australian-court-hands-win-to-market-regulator-in-case-against-qoin-blockchain-but-there-is-a-catch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report

Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported.

https://www.coindesk.com/policy/2024/05/06/less-than-10-of-stablecoin-transaction-volume-coming-from-real-users-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January

GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock's IBIT shrink.

https://www.coindesk.com/business/2024/05/04/grayscales-bitcoin-etf-sees-inflow-for-first-time-since-january-debut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge

Alexander Vinnick, the Russian national who was one of BTC-e's operators, pled guilty to conspiracy to commit money laundering for his role with the crypto exchange.

https://www.coindesk.com/policy/2024/05/03/btc-e-operator-alexander-vinnik-pleads-guilty-to-money-laundering-conspiracy-charge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former Cred Executives Indicted on Wire Fraud, Other Charges

Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District...

https://www.coindesk.com/policy/2024/05/03/former-cred-executives-indicted-on-wire-fraud-other-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Full Transcript: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.

MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.

https://www.coindesk.com/business/2024/05/03/full-transcript-why-moonpay-and-paypal-partnered-to-expand-crypto-adoption-in-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Dollar Won, but Might the U.S. Lose Control of the Dollar?

We have a world currency already: it's the dollar. Do we want to keep it that way?

https://www.coindesk.com/consensus-magazine/2024/05/03/the-dollar-won-but-might-the-us-lose-control-of-the-dollar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines