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Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.

Fidelity’s FBTC led Wednesday with $131 million worth of daily inflows, followed by Bitwise fund’s $86 million.

Eclipse announced today that it has appointed Vijay Chetty, its chief growth officer, to replace Neel Somani as its new CEO.

Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.

As of March 31, Millennium Management held a combined $1.94 billion in shares of five spot bitcoin ETFs, according to its latest filing with regulators.  

Federal Reserve Governor Bowman urged states and the federal government to form a partnership when regulating stablecoins.

After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsconsin, more investment whales turned out to have been part of the unprecedented success of the ETFs.

In a highly technical overview of an exploit that has since been patched, government prosecutors find that exploiting code is a crime. CoinDesk reached out to several experts in the Ethereum community to get their views on the case.

Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

The result of next week’s expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee and a leading advocate for crypto legislation in the waning months of his career in Congress.