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Latest headlines from Coindesk.

U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion

U.S. authorities have identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang, and are offering a $10 million reward for information that leads to h...

https://www.coindesk.com/policy/2024/05/07/us-doj-identifies-and-charges-lockbit-ransomware-gang-leader-with-fraud-extortion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Government’s Hypocritical Case Against Tornado Cash

You would think the government would be against an online privacy service facilitating money laundering. But it actually created one of the best, says attorney Alexandra Damsker.

https://www.coindesk.com/consensus-magazine/2024/05/07/the-us-governments-hypocritical-case-against-tornado-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.

https://www.coindesk.com/markets/2024/05/07/ethenas-ena-jumps-8-as-bybit-endorses-usde-token-as-collateral-for-derivatives-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robert F. Kennedy Jr., a Pro-Crypto Presidential Candidiate, to Appear at Consensus 2024

"As an environmental lawyer, scion of a Democratic political dynasty, and now maverick presidential candidate, Kennedy will explain his support for cryptocurrency and self-custody," according to a sta...

https://www.coindesk.com/policy/2024/05/07/robert-f-kennedy-jr-a-pro-crypto-presidential-candidiate-to-appear-at-consensus-2024/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Suilend to Run Monthslong Points Program With a Twist

The protocol's's pseudonymous founder Rooter previously has been critical of "predatory" points programs.

https://www.coindesk.com/business/2024/05/07/suilend-to-run-monthslong-points-program-with-a-twist/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others

The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.

https://www.coindesk.com/business/2024/05/07/bitcoin-layer-2-builder-botanix-labs-raises-85m-from-polychain-capital-others/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says

A Trump election win could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.

https://www.coindesk.com/business/2024/05/07/bitcoin-could-benefit-from-us-fiscal-dominance-and-a-trump-win-standard-chartered-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians' Attention

As U.S. politicians continue to wrestle with how to approach crypto issues, about 21% of voters in vital swing states consider cryptocurrency policies as a topic important enough to sway their support...

https://www.coindesk.com/policy/2024/05/07/poll-most-people-cringe-about-crypto-but-enough-care-to-warrant-politicians-attention/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Settles Into $63K-$64K Range

The latest price moves in bitcoin (BTC) and crypto markets in context for May 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/07/first-mover-americas-bitcoin-settles-into-63k-64k-range/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

QCP Receives In-Principal Approval From Abu Dhabi Regulator

QCP said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures

https://www.coindesk.com/policy/2024/05/07/qcp-receives-in-principal-approval-from-abu-dhabi-regulator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere

As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures...

https://www.coindesk.com/policy/2024/05/07/galaxis-raises-10m-doubling-down-on-belief-that-nfts-will-provide-real-value-everywhere/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto

The syndicate had been operating for six months before being apprehended last week.

https://www.coindesk.com/business/2024/05/07/indonesian-authorities-bust-synthetic-marijuana-lab-supported-by-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month High

"We are in an AI super cycle right now," one market observer said.

https://www.coindesk.com/markets/2024/05/07/ai-tokens-lead-crypto-market-recovery-as-nvidia-hits-one-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robinhood Would Likely Win Crypto Court Case With the SEC: KBW

The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.

https://www.coindesk.com/markets/2024/05/07/robinhood-would-likely-win-crypto-court-case-with-the-sec-kbw/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance CEO Teng Says Nigeria Must Release 'Beloved Colleague' Gambaryan

The executive's detention sets a "a dangerous new precedent," Teng wrote in a blog post.

https://www.coindesk.com/policy/2024/05/07/binance-ceo-teng-says-nigeria-must-release-beloved-colleague-gambaryan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.

https://www.coindesk.com/policy/2024/05/07/australias-tax-office-tells-crypto-exchanges-to-hand-over-transaction-details-of-12-million-accounts-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Rebound Has Crypto Options Traders Anticipating $100K

The number of active bitcoin call contracts is significantly higher than puts, indicating bullish market sentiment.

https://www.coindesk.com/markets/2024/05/07/bitcoin-rebound-has-crypto-options-traders-anticipating-100k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Revolut's Crypto Exchange Goes Live for Experienced Traders

London-based Revolut, which has more than 40 million customers worldwide, has developed Revolut X to compete with leading crypto exchanges.

https://www.coindesk.com/business/2024/05/07/revoluts-crypto-exchange-goes-live-for-experienced-traders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines