According to the data, post-halving, Bitcoin transaction fees hit a new record of $80m on the April 20th, more than triple the previous high.
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US firms reportedly expect the SEC to reject their spot ETH ETF applications after one-sided meetings where substantive details of the proposed products were not discussed.
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In the recent support letters letters to the judge, CZ's family said the following:
⚫ Wife Yang Weiqing, mother of his 2 kids:
"Changpeng is a self-made man. His parents did not give him any cash assets or inheritance. I have been a full-time wife and have not worked since I got married."
"Dad was always busy with work. If I were to be selfish, I would wish he was physically with me more; But for the time he was with me, I was very happy and I knew he was also making his best effort to spend time with me."
"All of his actions seemed normal for my entire life, as if everything he did for me was what a father is supposed to do, and I took his actions for granted. But when I started university... I realised how lucky I am to have CZ as my father."
"As CZ’s life partner, I have known CZ for nearly ten years... He knows nothing about the jewelry, luxury goods, luxury cars, and art auctions... He leads a simple life."
Morgan Stanley is reportedly considering allowing its brokers to recommend Bitcoin ETFs to clients, moving beyond the current model where only unsolicited inquiries are addressed.
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The EU has passed the Anti-Money Laundering Regulation, intensifying scrutiny of the crypto industry by banning anonymity tools and requiring firms to gather more data on users.
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Russia plans to seize $440m from JPMorgan in response to a US bill that allows seized Russian assets to be transferred to Ukraine.
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The FTC has issued a final rule banning noncompete agreements, expected to boost business creation and raise worker wages.
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In the letter addressed to the US Judge from the Western District of Washington, Richard A. Jones, who oversees CZ's case, CZ apologized for his “poor decisions” and accepted “full responsibility” for his actions. CZ gave an assurance that this would be his only “encounter with the criminal justice system,” and added:
"There is no excuse for my failure to establish the necessary compliance controls at Binance.”
Snapshot of the TON Network's recent statistics:
⚫️Total supply of TON is increasing steadily, reaching over 5.1bn
⚫️Network fees have declined, currently sitting at around 11,487 TON
⚫️Daily minting of Toncoin has been relatively stable, with around 52,962 coins minted per day
⚫️Number of accounts on the network continues to grow, surpassing 15.4m
⚫️Active wallets per day are averaging 148,341, indicating a healthy level of network participation
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SlowMist has reported that the North Korean hacker group Lazarus is targeting individuals on LinkedIn, posing as developers and distributing malware through code repositories.
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ZKasino investors have formed a legal group to address the co-founders' alleged exit scam involving the conversion of $33 million in Ether and subsequent disappearance.
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Tether will reportedly freeze USDT wallets linked to evasion of Venezuelan sanctions, following reports of Venezuela's state oil company using the stablecoin to bypass US restrictions.
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Three years after the DAO Maker hack, victims remain uncompensated despite promises, amid allegations of a cover-up.
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X is reportedly set to launch a TV application, expanding its platform accessibility.
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The Central Bank of Russia, Rosfinmonitoring (The Federal Service for Financial Monitoring), and five major banks are testing a new service called "Know Your Crypto Client".
This service will allow financial institutions to identify connections between clients' cryptocurrency and fiat transactions.
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President Biden has proposed a capital gains tax rate of 44.6%, the highest in US history, along with a 25% tax on unrealized gains for high-net-worth individuals.
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Binance co-founder He Yi noted that ignorance due to the team's lack of legal expertise and English skills was CZ's biggest mistake, leading to severe repercussions for him and the company.
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In support of CZ, 161 letters were reportedly submitted, revealing details about his family for the first time publicly.
These include his sister, a former Managing Director at Morgan Stanley, his two children who are currently university students in the United States, and his wife.
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Google Cloud has launched a dedicated Web3 portal, serving as a comprehensive resource for everything related to Web3 technologies.
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💡💡💡
The US president President Joe Biden has officially signed a bill to ban TikTok in the US unless its owner, ByteDance, agrees to sell the platform.
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Hong Kong has officially set the launch date for Bitcoin and Ethereum ETFs on April 30.
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CZ's defense reportedly claims he was unaware of illicit transactions on Binance and argues for probation over prison, citing no risk of re-offending.
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According to the official X post of The Central Bank of Nigeria (CBN), the previously posted news that was disseminated by multiple media, including Cointelegraph was false news, while the image used by the media was not from the CBN.
Cointelegraph has reposted the initial article, changing the title to
"Nigeria’s central bank has been forced to deny claims of crypto account freeze"
The Central Bank of Nigeria (CBN) has issued a directive requiring banks to freeze Bybit, KuCoin, OKX, Binance user accounts.
The bank said it would catch anyone it believes is buying and selling Tether on the listed platforms illegally, especially those using peer-to-peer (P2P) methods.
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Tesla has reportedly disclosed that it did not sell any of its $711m worth of Bitcoin holdings during the first quarter of 2024.
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⚡️⚡️⚡️⚡️⚡️⚡️
US prosecutors say CZ should serve 36 months in jail, citing the severity of his willful violations of US law, including failing to report transactions linked to terrorist groups.
CZ is expected to be sentenced on April 30 in Seattle.
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Dive into Catizen game on Telegram and Grab Your Airdrop!
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A hacker group leaked parts of Chivo's source code, exposing personal data of millions of people in El Salvador, with no government response yet to the breach.
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