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Aligned Layer raised $20 million in a Series A funding round led by Hack VC, with participation from DAO5, Iterative Layer, Nomad Capital and others.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Industry professionals are increasingly doubtful about the chances of approval for ether spot ETFs by the SEC in May, according to Reuters.

Bitcoin mining difficulty rose 2% to reach a record 88.1 trillion on Wednesday in the first adjustment after last week’s halving event.

Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.

The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.

Bitcoin long liquidations spiked to almost $40 million in the past 24 hours as the price dropped to a weekly low just above $64,000.

Renzo Protocol has increased the token allocation for its first season airdrop from 5% to 7% in response to community dissatisfaction.

The “Buy Bitcoin” sign on a yellow notebook paper gained significance after being seen on TV behind then-Fed Chair Janet Yellen in 2017.