Crypto Funds Face $415M Outflows
Global crypto investment products saw $415 million in outflows last week, driven by hawkish U.S. Federal Reserve comments and CPI data, reports @CoinSharesCo. #Update #Crypto $BTC (-6) ↘ (Source: TheBlock)
TheBlock
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Libra Launch: Portnoy Returns 6M Tokens
Dave Portnoy disclosed returning 6 million tokens to @Libra’s founder amid new launch details. #Update #Crypto $LIBRA (-2) ↘ (Source: TheBlock)
BNB Chain Prioritizes Memecoin Transactions Surge
@BNBChain will prioritize memecoin transactions amid a 400% surge in gas fees, impacting network efficiency and user costs. #Update #Crypto $BNB (-4) ↘ (Source: TheBlock)
Memecoin Soars Trump Token Surges 30
The official Trump memecoin surged 30% as Solana tokens led the market, highlighting significant cryptocurrency movements. #Update #Crypto $SOL (+3) ↗ (Source: TheBlock)
Bitcoin ETF Abu Dhabi Buys Big
Abu Dhabi’s sovereign wealth fund reveals a $437M purchase of @BlackRock’s Bitcoin ETF, while Trump memecoin surges 50%. #Breaking #ETF $BTC (+9) ↗ (Source: TheBlock)
Crypto Fraud: HashFlare Operators Plead Guilty
Two Estonian nationals pleaded guilty to a $577M crypto Ponzi scheme, forfeiting over $400M in assets; sentencing is on May 8. #Breaking #Legal (+9) ↗ (Source: TheBlock)
Memecoins Escape SEC Oversight Says Peirce
SEC Commissioner Hester Peirce stated that many memecoins likely fall outside the agency’s jurisdiction, highlighting regulatory gaps in the crypto space. #Update #Crypto (+3) → (Source: TheBlock)
Ethereum ETF Staking Proposal by Cboe
@CboeBZX proposes staking for 21Shares’ Ethereum ETF, awaiting SEC’s response, marking a first in ETF filings for staking. #Update #ETF $ETH (+4) ↗ (Source: TheBlock)
Bitcoin Stability Boosted by Token Reserve
@WorldLibertyFi forms Macro Strategy reserve to support $BTC, $ETH, and other cryptocurrencies, aiming for financial diversification and institutional engagement. #Update #Crypto $BTC (+3) ↗ (Source: TheBlock)
Ethereum Staking Revolution Lido V3 Launch
@LidoFinance launches V3 with customizable ‘stVaults’ for advanced Ethereum staking strategies, targeting institutional stakers and enhancing protocol flexibility. #Update #Crypto $ETH (+4) ↗ (Source: TheBlock)
Crypto Founder Loopify Raises for Gaza
Pseudonymous crypto founder Loopify raises funds for humanitarian work in Gaza, highlighting the crypto community’s growing role in global aid efforts. #Update #Crypto (+3) ↗ (Source: TheBlock)
Memecoin Launch Central African Republic Doubts
The Central African Republic launched $CAR memecoin, sparking skepticism over legitimacy and potential scam warnings from the crypto community. #Update #Crypto $CAR (-4) ↘ (Source: TheBlock)
Bitcoin Mining Revenue Soars for CleanSpark
TheBlock: @CleanSparkInc reported a 74% increase in Bitcoin mining revenue, reaching $45.5 million, driven by increased production and favorable market conditions. #Update #Crypto $BTC (+4) ↗
Tornado Cash Developer Granted Conditional Release
TheBlock: Tornado Cash developer Alexey Pertsev receives conditional release to work on his appeal against charges related to money laundering activities. #Update #Legal (+3) →