- Crypto Pragmatist by M6 Labs
- Posts
- Market Shakeup: Binance CEO Sentenced, Bitcoin Plummets, and BlackRock Sets Record
Market Shakeup: Binance CEO Sentenced, Bitcoin Plummets, and BlackRock Sets Record
M6 Labs Alpha Bytesđ¨: 1st May
GM Anon âđş
In todayâs Alpha Bytes,
Changpeng Zhao Sentenced - Binance CEO Changpeng Zhao has been sentenced to four months in prison, a development that's causing ripples across the crypto industry.
Bitcoin Price Tumbles - Bitcoin has dropped below the $60,000 mark, currently trading at $57,668, reflecting a sharp 5.7% decrease. This drop is part of a broader market downturn that's considered the worst since the FTX crash.
BlackRock's BUIDL Achievement - BlackRock's BUIDL has become the world's largest tokenized treasury fund, marking a significant milestone in the adoption of blockchain technology in mainstream financial services.
and much moreâŚđ
BTC $57,668 (-5.7%), ETH $2,901 (-3.6%), SOL $123 (-4.3%)
Crypto News đ°
Binance boss Changpeng Zhao sentenced to four months in prisonÂ
Bitcoin tumbles below $60,000, risks deeper pullback as markets endure worst month since FTX crash
BlackRockâs BUIDL becomes the worldâs largest tokenized treasury fundÂ
BONK surpasses Floki to become the fifth-largest meme coinÂ
Probe agency seizes 90 crore kept in crypto wallets in âe-nugget gaming appâ scamÂ
Raoul Pal signals âBanana Zoneâ rally, predicts strong crypto summer for digital assets.Â
Cryptocurrencies, stocks side ahead of Fed rate decisionÂ
Bitcoin sinks below $58,000 as crypto market tumbles 9% in run up to Fed decisionÂ
Crypto analyst reveals why $59,000 is an important level for Bitcoin
Meme coin protocol raises $5.5 million, VC calls it Ethereumâs Ordinal momentÂ
Crypto markets see significant decline as markets slipÂ
What will it take to push Solana back to its high of $260Â
Houseâs McHenry accuses Securities and Exchange Commissionâs Gensler of misleading Congress on EthereumÂ
Indonesiaâs election results could be good for the crypto industry
Bitcoin Jesus charged with evading nearly $50 million in taxesÂ
Bitcoin set to become more dominant even as it stares at first monthly loss since AugustÂ
ETH holds up despite market correctionÂ
Web3 in the Middle East Â
Web3 gaming wonât exist in 5 yearsÂ
No sign of Bitcoin miner capitulation despite plummeting revenueÂ
EigenLayer sees over 12,000 queued withdrawal, how far will the TVL fall?
Nigeria restricts fintech onboarding to stop KYV-evading crypto investorsÂ
What happens to all the lost Bitcoin?
Changpeng Zhaoâs 4-month sentence a general deterrenceÂ
XRP, SOL, DOGE open interest falls 51% over the past month
Vitalik Buterin breaks down Binius as a way to speed up zero-knowledge proofsÂ
RWA protocols are closing in on $8 billion total value locked: Messari
Fantom bets on safer meme coins with the launch of $6.5 million dev fundÂ
Traders seem unfazed by Bitcoinâs recent price correctionÂ
Bitcoinâs euphoria phase cools, but bottom could be nearÂ
US Court to hear proposed remedies from Terraform Labs, Do Kwon
A chronology of Binanceâs legal battles in the US
Physical version of gold-backed token replaces Zimbabwe DollarÂ
Bitcoin ecosystem is thriving despite market correctionÂ
Coinbase integrates Lightning Network for Bitcoin transactionsÂ
April sees $25 million in exploits and scams, a historic low.Â
Renzo plummets 43% after Binance listing and airdropÂ
Circle-backed Pike Finance loses $1.6 million due to USDC vulnerabilityÂ
Crypto community reacts to Changpeng Zhaoâs sentenceÂ
Germanyâs Bundesbank says households appear open to CBDCsÂ
NYC woman sentenced to 19 years in prison for funding terrorism using Bitcoin
Why did Bitcoin ditch Ordinals?
The best crypto apps for beginnersÂ
US stablecoin bill may trump Bitcoin ETF impact: Bitcoin CIO
EigenLayer airdrop draws criticism amidst transferability concerns, allocationsÂ
Liquid restaking protocol Renzo bags $150 million volume following airdropÂ
Ripple eyes $1 while meme coins prepare for potential gains in Q2
HAQQ Network expanding Islamic Web3 initiative with Gold token and RWAÂ
Ethereum overtakes Solana by DEX trading volumeÂ
Omnity reveals first interoperability solution for RunesÂ
BlackRock Bitcoin ETF attracts no inflows for 4th consecutive dayÂ
Hong Kong ETF Day 1 flowsÂ
Ripple announces partnership with Hashkey Group and SBI Group to bring supply chain finance to JapanÂ
MicroStrategy announces Q1 financial resultsÂ
FTX estate concludes second tranche of locked Solana sales with bids averaging around $100
Milky Way announces $5 million seed round led by Polygon and Binance LabsÂ
Impact of BlackRock's BUIDL on Decentralization? |
Project Updates đĽđˇđźââď¸
Yield Protocol exploited for $180,000
EigenFoundation releases tokenomics and Season 1 and 2 details
Nim Network announces mainnetÂ
HyperLiquidX announces launch of Eigen Perp
Aveoxyz launches Eigen pre-launch listingÂ
1inch launching a virtual cardÂ
Moonbirds announces Moonbirds UniverseÂ
Animoca Brands expanding to Bitcoin, announces OpalBTC
Sui Network announces partnership with Google CloudÂ
0xngmi launches airdrop checker on DeFiLlama
Particle Network unveils PARTI
Introducing Ducat Protocol
Privasea announces partnership with Zama
Interesting Threadsđ§ľÂ
Vitalik Buterinâs new article on SNARKs and STARKs
An introduction to SanctumÂ
Difference between LST and LRT
A simplification of the EIGEN token whitepaperÂ
Understanding Modular leverage/lending
That's a wrap for today, anon. Remember, true decentralization could lead to equal wealth distribution. Wealth is built on sharing crucial information at the right timeâand acting on it. Stay informed and proactive. Embrace your inner Crypto Pragmatist.
Join the conversation