Commissioner Kristin Johnson’s remarks came just a day after the CFTC appointed its first chief AI officer.
cointelegraph.com
Venture capital pours $2.4B into crypto startups in early 2024 [cointelegraph]
Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors.
How to determine crypto cost basis for accurate tax filings [cointelegraph]
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets [cointelegraph]
Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows.
USDC overtakes USDT: Compliance is key to stablecoin dominance [cointelegraph]
Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market.
Trader loses $68M in address poisoning scam [cointelegraph]
The attack caused the unknown trader to lose over 97% of their crypto holdings.
Vested crypto tokens worth over $3B to be unlocked in May [cointelegraph]
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks.
Bitcoin and Ether options worth $2.4B set to expire May 3, max BTC pain at $61K [cointelegraph]
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000.
Biggest Friend.tech whale dumps tokens as users struggle to claim airdrop [cointelegraph]
The largest Friend.tech whale has sold all their holdings, causing the new token to fall over 50% in value while other users can still not claim the airdrop.
Community split on ENS petition against Unstoppable Domains patent [cointelegraph]
Some crypto community members argued against the petition, while others supported ENS’ move against Unstoppable Domains.