Bitcoin is up slightly at $18,735
Ethereum is up slightly at $1512
and Binance Coin up slightly at $263

Tesseract raises $78M in first funding round.

Attacker profits $370k off of flash loan attack.

Circle CEO says Binance's decision re: BUSD is good for USDC liquidity.

Kwasi Kwarteng to be the new finance minister in UK.

3AC withdraws $45M from Curve and Convex

Links:

• (1) Jeremy Allaire on Twitter: "Sharing some perspective on Binance forced conversion of USDC. Lots of misleading headlines and interpretations. Binance is not ending support for USDC, and change will likely lead to more USDC flowing to Binance. Here’s why. 1/" / Twitter
• (1) CertiK Alert on Twitter: "#CertiKSkynetAlert🚨 CertiK Skynet has reported a #flashloan attack on #AVAX impacting contract 0xe767c... & some LPs. The attacker profited ~$370k USDC. Possible impacted protocols include: @nereusfinance @traderjoe_xyz @CurveFinance Contact us for analysis. Stay Frosty!☃️ https://t.co/bZvtgVPpl4" / Twitter
• Former Revolut big cheese Alan Chang’s Tesseract raises $78m | Sifted
• 3AC withdraws $45 million from Curve and Convex
• UK’s New PM Truss Picks Kwasi Kwarteng to Be Finance Minister

Bitcoin is down .5% at $20,938
Ethereum is down 1% at $1090
and Binance Coin is down 1% at $217

Elon Musk named in class action lawsuit over Dogecoin

Babel Finance suspends client withdrawals

3AC has been liquidated by FTX, Deribit and BitMEX according to the Block

Bitso passes $1B in crypto remittances

Circle announces euro-backed stablecoin

Bitcoin is down .5% at $41,494
Ethereum is down 1% at $2,724
and Binance Coin is down .5% at $395

Golem up 15%

Infura infrastructure affects Metamask/OpenSea users.

Circle delays DeFi API product.

Manchester City inks sponsorship deal with crypto exchange OKX.

Alan Howard leads $7.5M raise for French DeFi platform Nested.

Links:

• Manchester City Announces Official Cryptocurrency Exchange
• Why Infura cannot serve certain areas – MetaMask
• Circle delays its DeFi API product, citing need for regulatory guidance
• Infura on Twitter: "In response to the concerns we have been hearing, we want everyone to know that we corrected the problem that so many of you have pointed out. In changing some configurations as a result of the new sanctions directives from the United States and other jurisdictions, we" / Twitter
• MetaMask 🦊💙 on Twitter: "MetaMask is a client-side wallet that strives to make the blockchain maximally accessible to everyone. Infura had a misconfiguration this morning, but it has been corrected now." / Twitter
• Alan Howard leads $7.5 million raise into DeFi trading platform Nested

Links:

• Bitcoin beats stocks, commodities to become best-performing asset of 2021
• Circle reveals cooperation in ongoing SEC investigation
• Dapper Labs acquires CGI influencer developer Brud

Bitcoin is down slightly at $32,761
Ethereum is down 1% at $2,080
and Binance Coin is down .5% at $307

0x up 17%
Constellation labs up 17%
Bitcoin Diamond up 15%

Square confirms hardware wallet.

Circle is going public via a SPAC merger

Israel wants to seize Hamas-linked crypto wallets.

PBOC official expresses worry over stablecoins.

Links:

• Hamas-Linked Wallets have Received $7.7 Million in Cryptoassets, Including Dogecoin
• China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System - CoinDesk
• Gemini’s APAC Expansion Builds Global Momentum | Gemini
• Jack on Twitter: "We’re doing it #Bitcoin" / Twitter
• Confirmed: Stablecoin firm Circle to go public via SPAC merger

Bitcoin is up 1% at $35,500
Ethereum is up 1% at $2,458
and Binance Token is up 1% at 330

Monero up 20%
Zcash up 17%
Helium up 17%

USDC maker Circle is considering a SPAC deal

The SEC has filed a lawsuit against the alleged promoters of the BitConnect crypto Ponzi scheme

US treasury looking to expand crypto reporting

Police in the west midlands discover illicit mining farm.

Links:

• SEC.gov | SEC Charges U.S. Promoters of $2 Billion Global Crypto Lending Securities Offering
• Treasury revenue proposals. (p.94)
• Bitcoin ‘mine’ uncovered during industrial unit raid | News | West Midlands Police
• After $440 million fundraise, Circle is said to be considering a SPAC deal

Bitcoin is up slightly at $49,545
Ethereum is up 1% at $2286
and Binance Coin is up 1% at 502.78

Solana up 17%
Terra up 16%
Arweave up 16%

Wyoming’s DAO law will go into effect in July

Crypto exchange volumes in April have set a new benchmark.

The Centre Consortium blacklisted seven Ethereum addresses.

Ampleforth is giving governeance tokens to every wallet that has ever held the token

The auction house Phillips sold its first NFT for $3.4M.

Sean Neville Resigns as Circle Co-CEO

Bakkt CEO Loeffler to US Senate

Links:

• Circle Archives - CoinDesk — Circle
• Politics Archives - CoinDesk

Top gainers in the last 24 hours:
EthLend up 28%
Particl up 21%
and Dentacoin, up 15%

HTC is launching the Exodus 1s, another version of their Exodus 1, that has a built-in wallet and a full bitcoin node.

ATT has been named as a defendant in a SIM-swapping legal battle in california.

Circle is spinning Poloniex out into its own entity.

Links:

• Circle spinning out Poloniex; new exchange plans to spend $100M and not serve US clients - The Block
• AT&T customer lawsuit alleges employee-aided SIM swap led to $1.8 million theft of cryptocurrency and more - The Block
• HTC launches smartphone with Bitcoin full node capabilities - The Block

Block.one Pays 24 Million Dollar Fine

FairWin at Zero

Coinbase Co-Founds Crypto Rating Council

Links:

• EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale - CoinDesk
• From $10M to Zero in 10 Days: ETH Smart Contract FairWin Is Empty
• Coinbase-Led Group Aims to Help Crypto Firms Avoid Securities Violations - CoinDesk

Bitcoin is down 3.8% at $9,977
XRP is down 2.8% at 26 cents
and Ethereum is down 3% at $188

Top gainers in the last 24 hours:
WanChain up 70%
Civic up 43%
FunFair up 37%
and Ignis up 35%

The Governor of the bank of England Mark Carney favors a libra-like currency as the world’s reserve currency instead of the US dollar.

Chairwoman Maxine waters has said that her committee will continue to keep its sights on Libra through the fall.

Circle is planning to raise a 100 million venture capital fund for its equity crowdfunding platform seedinvest.

Hotmine wants to heat homes in Siberia, and decentralize mining power.

Links:

• Waters Announces Fall 2019 Priorities and Highlights Committee Accomplishments | Financial Services Committee
• Circle is raising $100 million for its new venture fund - The Block
• Carney Urges Libra-Like Reserve Currency to End Dollar Dominance - Bloomberg
• Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia - CoinDesk