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šŸŒ™ DOJ Arrests Founders of Privacy-Focused Crypto Wallet Samourai

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service

Author

Mike Gavela
April 24, 2024

Crypto Roundup - Apr 24

Recent developments in the cryptocurrency sector include notable regulatory and market movements. The U.S. Department of Justice has arrested the founders of Samourai, a privacy-focused crypto wallet, citing undisclosed specific charges. Meanwhile, BlackRock's Bitcoin ETF has set a new record for inflows, highlighting increasing institutional interest despite market fluctuations. Additionally, Standard Chartered remains bullish on Bitcoin, predicting its price could reach $150,000 in 2024 despite a cool-down in ETF hype and ongoing global economic uncertainties.

Top Stories:

  • DOJ arrests Samourai founders: The founders of the privacy-centric cryptocurrency wallet Samourai have been arrested, though specific charges have not been detailed.

  • BlackRock Bitcoin ETF records high inflows: This ETF has achieved a new milestone in investment inflows, underscoring robust interest from institutional investors.

  • Bitcoin's price could hit $150,000: According to Standard Chartered, despite current market challenges and a slowdown in ETF activities, Bitcoin's value is expected to significantly rise by the end of 2024.

TOP STORIES

DOJ arrests founders of privacy-focused crypto wallet Samourai

The DOJ charged the CEO and CTO with a count of conspiracy to commit money laundering and a count of conspiracy to operate an unlicensed money transmitting service.

blockworks.co/news/doj-arrests-founders-samourai

BlackRock Bitcoin ETF leapfrogs ā€˜cash vacuum cleanersā€™ with new inflow record

BlackRock's spot Bitcoin ETF has taken in inflows for 71 days straight. Only nine other ETFs have ever done it.

www.dlnews.com/articles/markets/blackrock-bitcoin-etf-notches-new-inflow-record

Bitcoin ETF Hype Cooling, But BTC Will Still Hit $150,000: Standard Chartered - Decrypt

The leading UK-based bank says it is still bullish on Bitcoin, holding firm on its bold price prediction for 2024.

decrypt.co/227946/bitcoin-price-prediction-150000-in-2024-standard-chartered

FUNDRAISES

OTHER HEADLINES

Jack Dorseyā€™s Block Is Building a Bitcoin Mining System

The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.

www.coindesk.com/business/2024/04/24/jack-dorseys-block-is-building-a-bitcoin-mining-system

39% of Canadaā€™s institutional investors have exposure to crypto: KPMG

39% of Canadian institutional investors now directly or indirectly own crypto, according to a survey from KPMG.

cointelegraph.com/news/nearly-forty-percent-canada-institutional-investors-exposure-crypto-kpmg

Bitcoin Meme Coin DOG Hits $336 Million Market Cap After Runes Airdrop - Decrypt

DOGā€¢GOā€¢TOā€¢THEā€¢MOON (aka DOG) was airdropped to Ordinals holders Wednesday, immediately becoming the most widely-held Bitcoin Runes token.

decrypt.co/227953/bitcoin-meme-coin-dog-336-million-market-cap-runes-airdrop

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