The pilot program tested a method of bringing traditional finance fund data onto blockchains with big banks JPMorgan and BNY Mellon also involved. Source: https://cointelegraph.com/news/dtcc-chainlink-pilot-us-banks-fund-data-tokenization

The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler. Source: https://cointelegraph.com/news/sec-custody-rule-made-crypto-regulation-political-wiley-nickel

The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.” Source: https://cointelegraph.com/news/cypher-contributor-admits-stealing-gambling-protocol-funds

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds. Source: https://cointelegraph.com/news/hong-kong-bitcoin-ether-etf-inflows-wiped-record-outflow

The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each. Source: https://cointelegraph.com/news/bitcoin-whale-wallets-move-sixty-million-in-bitcoin-after-decade-dormancy

SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years. Source: https://cointelegraph.com/magazine/sec-ripple-case-nears-conclusion-grayscale-withdraws-etf-filing-hodlers-digest-may-5-11/

Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people. Source: https://cointelegraph.com/news/open-source-cbdcs-not-going-protect-you-from-government

Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow. Source: https://cointelegraph.com/news/coinbase-ethereum-l2-base-material-share-socialfi-franklin-templeton

Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter. Source: https://cointelegraph.com/news/robinhoods-first-quarter-crypto-trading-surges-but-secs-action-disappointing

Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” …