US prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world’s largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering.

Jack Dorsey, through his payments firm Block, has announced that the creation of its Bitcoin mining chip has been completed. Following months of research and development, Block has managed to create a 3nm Bitcoin mining chip.

The overall market cap of the crypto sector rose by 1.37 percent in the last 24 hours. Both, Bitcoin and Ether on Wednesday, April 24 recorded losses. They were also joined by Tether, Ripple, and Dogecoin among other cryptocurrencies.

The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.

A new name has entered the Bitcoin family. Called Bitcoin Runes, this is an innovative protocol created to address issues associated to Bitcoin-based token systems that depend on off-chain data and native tokens used for operations.

WazirX released its sixth transparency report on Tuesday, April 23. Among a bunch of details, WazirX claimed that it received a total of 1,700 requests from the law enforcement agencies between October 2023 and March 2024.

This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.

Independent blockchain investigator ZachXBT has claimed that multiple memecoin projects that launched on the Solana blockchain, have now been abandoned. Collectively through pre-sale listings, these memecoins have raised an estimated $27 million (roughly Rs. 225 crore).

The overall crypto market cap spiked by 1.12 percent over the last day. Bitcoin and Ether, both recorded profits on Monday, April 22. Cardano, Shiba Inu, Dogecoin, and Polkadot – also recorded profits. Polygon, Elrond recorded price dips.

Bitcoin halving, the software update that is designed to cut the amount of Bitcoin released from the network to compensate companies known as miners for validating transactions, has been completed. Most of the impact from the halving is expected to be on Bitcoin mining companies rather than the actual price of the cryptocurrency.