Let’s dive into this week’s heavy hitters:
📰 Ethereum Foundation Under Investigation by Unknown Authority
- State authorities conduct a confidential investigation into the foundation.
- Ethereum’s recent Dencun upgrade aims to lower fees on layer-2s.
- The investigation emerges as Ethereum faces regulatory scrutiny.
Read more: https://dailycoin.com/ethereum-foundation-under-investigation-by-unknown-authority/
📰 SBF Prosecutors Want 50 Years: Is FTX Founder’s Fate Sealed?
- The battle over SBF’s sentence has escalated between his lawyers and prosecutors.
- The former FTX CEO faces a potential decades-long sentence.
- SBF’s lawyer asserted that the prosecutors’ recommendation of justice is unjust and disproportionate.
Read more: https://dailycoin.com/sbf-prosecutors-want-50-years-is-ftx-founders-fate-sealed/
📰 SEC vs Ripple Final Dates Set: Is a Ruling Here at last?
- Ripple and the SEC have submitted a joint proposal outlining key dates related to the upcoming remedies phase.
- The SEC and Ripple have agreed to work together to determine what information in the briefs needs to be redacted.
- The public can challenge any motions to seal documents by May 20, 2024.
Read more:
https://dailycoin.com/sec-vs-ripple-final-dates-set-is-a-ruling-here-at-last/
📰 Ex-Binance Chief Changpeng Zhao Teases New Educational Project
- CZ has announced a new project.
- The project has a unique proposition, sidelining crypto.
- Active hiring for members of the project is ongoing.
Read more: https://dailycoin.com/ex-binance-chief-changpeng-zhao-teases-new-educational-project/
📰 Solana’s Stellar Rise in 2024: What’s Behind the Success?
- SOL surpasses $90 billion market capitalization.
- Solana hits all-time highs in network volumes and fees amid meme coin surge.
- SOL comes closer to its ATH of $260, recovering from FTX collapse.
Read more: https://dailycoin.com/solanas-stellar-rise-in-2024-whats-behind-the-success/
📰 Crypto Market Relishes FOMC’s Dovish Outlook for 2024
- The FOMC is looking to drive inflation down to 2% by 2025.
- The crypto market rallied after a tumultuous week in the wake of the Fed chair’s dovish speech.
- With days left until the halving, concerns of another deep pullback remain despite the overall optimism.
Read more: https://dailycoin.com/crypto-market-relishes-fomc-hawkish-outlook-2024/
📰 Craig Wright’s Troubles Stack as New Lawsuit Gathers Steam
- Craig Wright’s claims of being Satoshi Nakamoto are over.
- Former believer Ryan X. Charles started the FaketoshiSUX group to seek redress.
- FaketoshiSUX is gathering numbers for a class action lawsuit against the perpetrators.
Read more: https://dailycoin.com/craig-wrights-troubles-stack-as-new-lawsuit-gathers-steam/
