Gold and Bitcoin weakened, with significant volatility in USD/JPY, all pointing to actions by the Federal Reserve as the root cause.
WeiliangNigeria's EFCC froze over 1,100 crypto traders' accounts due to alleged currency manipulation and money laundering, intensifying concerns about crypto regulation. While the CBN denies a crypto ban, the EFCC's actions and regulatory uncertainties cast a shadow over Nigeria's crypto future.
WeatherlyMicroStrategy acquires 122 BTC, holding 214,400 Bitcoins valued at $7.54 billion, despite a Q1 net loss of $53.1 million.
AlexThe trading volume of Hong Kong's Bitcoin Spot ETF reached approximately $6.3 million, impacted by the ban on mainland Chinese investors from trading, affecting market demand.
MiyukiTerraform Labs advocates for a $1 million penalty instead of the $5.3 billion sought by the SEC after Do Kwon's fraud conviction, arguing for financial responsibility distinctions.
WeiliangIn the midst of a crackdown on crypto privacy technology, Keonne Rodriguez, co-founder of Samourai Wallet, has entered a plea of not guilty to charges of laundering and operating without a license.
KikyoThe Lazarus Group, a North Korean hacking syndicate, has elevated its crypto phishing tactics by exploiting LinkedIn's trust. They impersonate industry figures to lure unsuspecting victims, highlighting the need for enhanced cybersecurity measures in the crypto community.
JoyU.S. legislators have fiercely criticized the SEC's investigation into Ethereum, accusing Chairman Gary Gensler of intentionally misleading Congress.
AlexFormer Binance CEO CZ acknowledged wrongdoing, surrendered voluntarily, and received a four-month sentence, while former FTX CEO SBF opted for trial, asserting innocence, and received a 25-year sentence instead.
CatherineHong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
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