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- 🌙 Binance Founder Changpeng Zhao Gets 4 Months in Prison
🌙 Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
Mike Gavela
April 30, 2024
Crypto Roundup - Apr 30
Bitcoin's value has dropped below $62,000 following the disappointing launch of Hong Kong's spot Bitcoin ETFs, which underperformed against market expectations​​. Meanwhile, Binance's founder, Changpeng Zhao, is set to appear in court today for sentencing, highlighting significant legal developments in the crypto industry​. In contrast, BlackRock's BUIDL has emerged as the largest tokenized treasury fund, reaching $375 million in assets, surpassing Franklin Templeton's fund​.
Top Stories:
Bitcoin falls below $62K: Disappointment from Hong Kong's ETFs impacts Bitcoin's price.
Changpeng Zhao in court: The Binance founder faces sentencing in a notable legal proceeding.
BlackRock's BUIDL leads: It becomes the largest tokenized treasury fund, with $375 million in assets.
TOP STORIES
FUNDRAISES
A16z Makes $90 Million Private Purchase of Optimism’s OP Token
.@a16z is betting on the future of Optimism — and specifically on its Ethereum L2 tech stack.
@michael_bodley reportsRead more: unchainedcrypto.com/a16z-makes-90-…twitter.com/i/web/status/1…
— Laura Shin (@laurashin)
9:25 PM • Apr 30, 2024
Excited to share that we've successfully closed our Series A funding round, marking a significant milestone in our tokenization journey!
coindesk.com/business/2024/…— Backed (@BackedFi)
5:19 PM • Apr 30, 2024
OTHER HEADLINES
CRYPTO TWITTER (X)
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).
I will remain a… twitter.com/i/web/status/1…
— CZ 🔶 BNB (@cz_binance)
12:25 AM • May 1, 2024
I'm not saying the illuminati is real I just think it's funny how these exchange operators keep cryptically tweeting their prison sentences a year before they're issued.
— Quit (@0xQuit)
7:27 PM • Apr 30, 2024
The fees to claim rn on @aerodromefi are 🤯
Once a week, I vote on LPs I want to direct $AERO emissions at and have a share in their trading fees + bribes/incentives.
I remember claiming $50 at best in a week in 2023.
Now, upwards of $300-$500/week with my lil bag.
— DeFi Dad ⟠defidad.eth (@DeFi_Dad)
10:02 PM • Apr 30, 2024
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