BlackRock Takes the Crown for the Largest Spot Bitcoin ETF From Grayscale

Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in two of its major funds.Source

Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says

Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4.Source

Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says

Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.Source

Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison

Salame’s lawyers initially asked for 18 months.Source

Consensus 2024: A Guide to Everything You Don’t Want to Miss

600 speakers. 300 sessions. Pitchfest. Hackathon. Karate. Hundreds of side events. There’s a lot going at this year’s festival. Here are some highlights from across the stages and beyond.Source

The Future of AI Is Decentralized

With AI, centralization doesn’t work on any level: technical, philosophical, ethical, or market, says Alex Goh, founder and chairman of EMC.Source

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.Source

Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment

The company announced its Bitcoin treasury strategy Tuesday morning.Source

EasyA Hackathon Offers $250,000 in Prize Money for Developers at Consensus 2024

The event this week in Austin, Texas, draws 500 developers, who are key to the blockchain industry’s future.Source

Consensus 2024 Week: The House Passed a Market Structure Bill

The House of Representatives voting overwhelmingly in favor of a crypto market structure bill is an interesting prelude to CoinDesk’s annual conference. We’ll be talking about these things in Austin this week.Source