Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market’s evolution.Source
Bitcoin Could Be ‘Great’ Investment for IRA or 401K Plans
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David RamirezSource
Bitcoin Whitepaper to Be Removed in Next Apple MacBook Update: Report
The ‘Easter egg’ went viral earlier this year, but won’t remain on Apple for long.Source
Ethereum’s Lifetime Energy Use Before the Merge Equaled Switzerland’s for a Year
If Bitcoin’s energy consumption can be thought of as a skyscraper, Ethereum’s energy use post-Merge, would be the size of a raspberry, according to University of Cambridge research.Source
Former Coinbase Employee Seeks to Limit Jail Term to 10 Months in Insider Trading Case
Ishan Wahi faces a sentencing hearing on May 9 after admitting he’d revealed details of forthcoming crypto listings to his brotherSource
zkSync-Based DEX Merlin Drained of $1M During Public Token Sale Despite ‘Audit’
The project garnered hype among Crypto Twitter users for its attractive yield offered on deposits.Source
First Mover Asia: Bitcoin Breaks Its Losing Streak in Late Tuesday Rally
ALSO: CoinDesk’s Pete Pachal and Daniel Kuhn outline important themes at Consensus 2023 conference, which opens Wednesday in Austin, Texas.Source
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.Source
Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions
BTC climbed Tuesday afternoon as Google and Microsoft’s first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.Source
FTX’s LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.Source