This week's developments in the cryptocurrency and tech sectors show an intricate mix of strategic expansions, bold political propositions, and the ongoing struggle against cyber threats. Centralized exchanges are actively listing new tokens like Bitcoin Runes, indicating a broadening market for niche cryptocurrencies. In a surprising political pledge, Robert F. Kennedy Jr. has committed to putting the U.S. budget on blockchain if elected, proposing a technologically innovative yet controversial method for enhancing transparency and efficiency in government spending.
Venezuela's government, facing international sanctions, is reportedly considering the use of Tether to facilitate transactions, showcasing how nations might use cryptocurrencies to bypass geopolitical barriers. Meanwhile,
Change Healthcare has admitted to paying ransomware hackers, a reminder of the persistent cybersecurity threats facing businesses. In the investment sphere, BlackRock's spot Bitcoin ETF has achieved significant growth, joining an exclusive club with 70 straight days of expansion, while Grayscale introduces a mini Bitcoin Trust, boasting the lowest fees among similar ETFs. Additionally, the FTX-Solana SOL auction highlights ongoing activities within the restructuring processes of major crypto platforms, reflecting the dynamic and sometimes turbulent nature of the crypto industry.
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https://substack.com/@dcndailycryptonews
News Links 👇
https://decrypt.co/227613/centralized-exchanges-listing-bitcoin-runes-which-ones-next
https://decrypt.co/227594/robert-f-kennedy-jr-vows-to-put-the-us-budget-on-blockchain
https://www.coindesk.com/policy/2024/04/23/venezuela-looks-to-tether-to-bypass-sanctions-reuters/
https://www.wired.com/story/change-healthcare-admits-it-paid-ransomware-hackers/
https://decrypt.co/227562/grayscale-mini-bitcoin-trust-lowest-etf-fees
https://decrypt.co/227483/ftx-solana-sol-auction
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