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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Rob Gronkowski, Victor Oladipo, and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital. Source link

Financial system ‘outdated’ but crypto is no fix either: US swing voters

In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is “outdated” and in need of an overhaul, but most didn’t think crypto was the answer either. Source link

2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish

The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.” Source link

SEC’s Gary Gensler is getting irked being asked about crypto

SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market. Source link

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Source link

Philosopher Yuval Noah Harari warns of AI’s risks in finance

The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system. Source link

Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio

According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024. Source link

Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains

ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.” Source link

SEC pushes back against Terraform’s claims fraud happened outside US

Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin. Source link

Did XRP price just bottom against Bitcoin?

XRP price fell over 14% year-to-date pressured by Ripple’s ongoing legal battle with the SEC so a bounce is in order, analysis suggests. Source link