Protocol Village: Polyhedra Says Open-Source ZK Proof System ‘Expander’ 2x Faster Than Alternatives

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.Source

First Mover Americas: Bitcoin Hovers Around $59K to End Week

The latest price moves in bitcoin (BTC) and crypto markets in context for May 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

UK Local Elections Show Swing to Labour With General Election Pending

The government, which has adopted a pro-crypto stance, must hold a general election by end-January.Source

Bitcoin’s Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.Source

Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts

The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.Source

Kraken’s Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.Source

Friend.Tech’s Native Token Tanks to $2.5 After Debut

Early Friday, Friend.Tech airdropped its native token, FRIEND, while debuting version 2 of the platform.Source

Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.Source

Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts

The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.Source