Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
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The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done
Much-hyped restaking project EigenLayer’s 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won’t be ready when the token launches.
Bitcoin’s Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
Rootstock founder Sergio Demian Lerner spoke Wednesday about BitVMX at the Bitcoin++ conference in Austin, Texas (Bradley Keoun)
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Restaking ‘Gold Rush’ Spreads to Solana From Ethereum, With Jito and Others Joining In
Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
Bitcoin Sinks Below $58K, Crypto Market Drops 9% in Run-Up to Fed Decision
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.