The Daily Data Room: Wednesday, May 1st, 2024

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The Daily Data Room is curated by Sílvia Teixeira

Today's headlines cover Binance founder Changpeng Zhao's four-month prison sentence, Ripple's collaboration with HashKey DX on blockchain-based supply chain finance in Japan, accusations against SEC Chair Gary Gensler by House Financial Services Committee Chairman Patrick McHenry, and a significant 141% drop in crypto scams in April.

• Changpeng Zhao, former Binance CEO, has been sentenced to four months in prison.

• Ripple collaborates with HashKey DX on Blockchain Supply Chain Finance in Japan, expanding global presence despite home country regulatory challenges.

• The United States House Committee on Financial Services Chairman Patrick McHenry has accused SEC Chair Gary Gensler of deceiving Congress over the classification of Ethereum.

• Crypto-related scams dropped 141% in April compared to the previous month, reaching a historical low of $25.7 million.

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