Crypto weekly: Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal; Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. 

Review of the past week:

April 30, 2024 Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC.
The $2.8 billion coal giant said that it is mining bitcoin with the excess power it generates. Read more
April 30, 2024 Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal.
Binance founder Changpeng Zhao, who pleaded guilty to money laundering violations in November, was sentenced to four months in prison on Tuesday.
Read more
May 01, 2024 House’s McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum.
The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security. Read more
May 01, 2024 MicroStrategy plans to launch decentralized ID solution.
Microstrategy has pulled the curtain back on its plans to launch a decentralized identity solution on Wednesday during an in-person business presentation.
Read more
May 02, 2024 Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others.
The company announced the news alongside its first quarter earnings report on Thursday afternoon. Read more


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FYBIT team