So Why is Ethereum Foundation Selling?

Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. ETH/USD daily chart. Source: TradingView Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: The Ethereum Foundation has sold approximately 20,000 ETH…

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Morning Minute: NFTs Storm Back, Led by Bored Apes

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify. GM! Today’s top news: Bitcoin notches highest…

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Kbank Tests Ripple Wallet For Remittances In South Korea

South Korean internet-only bank Kbank has signed a strategic partnership with blockchain payments company Ripple to test blockchain-based overseas remittances.  According to local media outlets like News1, The Korea Herald and Maeil Business, Kbank CEO Choi Woo-hyung and Fiona Murray, Ripple’s Asia-Pacific managing director signed the agreement at Kbank’s Seoul headquarters. The bank said the…

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France Charges 88, Including Minors, in Crypto ‘Wrench Attack’ Crackdown

In brief France has charged 88 suspects, more than 10 of them minors, across 12 active judicial investigations into violent crypto kidnappings. Six suspects were arrested this month in two separate operations linked to kidnappings in Challes-les-Eaux and Dompierre-sur-Mer; all six are in pre-trial detention. Investigators identified structured criminal networks by tracing repeat offenders across…

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