The Node

(Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)
CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
(Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

(Autumn_ schroe/Unsplash)
Wasabi Wallet and Phoenix Leave the U.S.; What’s Next for Non-Custodial Crypto?
Following DOJ action against Samourai Wallet and a possible Metamask investigation, Wasabi Wallet and Phoenix are closing their U.S. offerings. Is non-custodial crypto under t...
(Autumn_ schroe/Unsplash)

ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
The Ethereum development company is seeking regulatory clarity on a number of questions, in a case that some experts see as potentially heading to the Supreme Court.
ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)

Profiting from a crypto mixer is likely illegal, experts say. (Wikimedia Commons)
Samourai Wallet Charges Raise Existential Questions for Privacy Tech
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.
Profiting from a crypto mixer is likely illegal, experts say. (Wikimedia Commons)

Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)

(Markus Spiske/Unsplash, modified by CoinDesk)
How the Bitcoin Halving Will Drive Action to Layer 2s
Increasing on-chain use of the network are driving up fees.
(Markus Spiske/Unsplash, modified by CoinDesk)

(Dylan Mullins/Unsplash)
Google Searches for 'Bitcoin Halving' Get Higher Than 4/20
One of the closely watched indicators of retail interest is booming.
(Dylan Mullins/Unsplash)

(engin akyurt/Unsplash)
What Is Bitcoin Meant to Hedge?
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.
(engin akyurt/Unsplash)

Hong Kong harbor skyline view into Kowloon
Hong Kong Boards the ETF Express
The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.
Hong Kong harbor skyline view into Kowloon