TLDR Crypto 2024-04-30

The Australian Securities Exchange is expected to approve spot Bitcoin ETFs before the end of 2024. Two asset managers have already applied for spot Bitcoin ETFs and VanEck Australia plans to prepare an application. Another asset manager previously applied on the rival Cboe Exchange.

According to previously redacted portions of Consensys' lawsuit against the SEC, the agency has internally considered Ethereum a security since early 2023. The SEC began an investigation into Ethereum after its transition to Proof of Stake. Until now, the SEC and Chairman Gensler have refused to answer questions about Ethereum's status, and the head of the CFTC has already declared Ethereum a commodity.

The Eigen Foundation, an independent entity set up to grow the EigenLayer ecosystem, will distribute 5% of the supply to stakers in Season 1, with two more seasons distributing 5% each. Season 1 will have two phases – the first, out May 10th, is for general restakers, while the second is for complex LRT and DeFi participants. Upon claiming, the token cannot be transferred. No specific date has been announced for the transfer.

The Moonbirds NFT collection has announced a new creative direction with commercial rights, starting with the pivot from CC0 to requiring creators to own Moonbirds. 3D avatars and a digital space for Moonbirds are being created alongside physical representations of the IP, which will likely be similar to the Pudgy Penguins plushies.

Lazarus Group, a North Korean-associated hacker group previously responsible for the 2014 Sony Pictures Hacks, is responsible for numerous hacks in the crypto space worth over $3 billion. By analyzing on-chain data, ZachXBT found that the group uses mixing services like Tornado Cash and Chip Mixer, decentralized exchanges, and P2P marketplaces to launder funds. This article details 25 hacks, each with an incident summary, theft addresses, and transaction information.

This thread offers a comprehensive guide for aspiring Solidity developers that encourages thorough study of past exploits and successful protocols. It provides practical advice such as writing and testing various smart contracts and utilizing resources like Remix for debugging, and recommends educational channels and platforms for further learning.

Retail investors are now more aware of token unlocks in the crypto market, which may influence investment decisions. Approximately $200-300 billion of potential sell pressure from these unlocks could impact the market, leading to a shift in focus towards coins with no unlocks or those past their unlock schedules.

The Department of Justice has recently charged non-custodial wallet developers with unlicensed money transmission, marking a significant departure from the established U.S. policy since 2013 that deemed that wallet developers and users are not money transmitters. This shift to enforcement against wallet developers is seen as a threat to due process.

Tether, the popular stablecoin issuer, has reportedly invested $200 million in BlackRock Neurotech, a startup focused on brain-computer interface technology.

A former crypto investor details the top crypto accelerator programs.

Stripe has integrated with Avalanche's Core wallet to simplify onramping funds and buying digital assets for users while also supporting Avalanche's partners (video game platforms) by handling all KYC and compliance.

EigenLayer expands ETH to be a universal objective work token, leaving EIGEN to handle intersubjective faults that cannot be objectively attributed onchain but can be reasonably determined by humans.