Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.Source

Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers

The feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund’s BENJI token and make it more interconnected with the digital asset ecosystem.Source

Kara Swisher Downplays Crypto’s Significance: ‘It’s Not the Center of Everything’

The author of “Burn Book” says while crypto is important, it’s not the center of everything.Source

Bitcoin Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat for $2.13M

The pool mined the first block after last week’s halving, winning an “epic” sat in the process.Source

Movement Labs Raises $38M for Rollup Based on Facebook’s Move Language

Movement’s 21 and 24-year-old co-founders say they are on a mission to “make blockchain security sexy” with the launch of their L2.Source

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.Source

Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync

The chains’ users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.Source

First Mover Americas: Bitcoin Drops Below $64K, Ether Falls

The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud

Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.Source