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Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation
20.5.2024
Justin Drake, a prominent researcher at the Ethereum Foundation, has disclosed his acceptance of an advisory role at EigenFoundation, the organization behind the EigenLayer protocol.
The post Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation appeared first...
From IBC to Ethereum: Interconnecting Blockchains
20.5.2024
The Web3 industry has faced unprecedented hurdles since the advent of Bitcoin over a decade ago, including issues with scalability and systems lacking interoperability. Protocols such as Union facilitate large-scale interaction by allowing groups to establish connections, conduct transactions...
BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap
20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi).
The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...
Internet Computer (ICP) publishes its roadmap
20.5.2024
DFINITY Foundation, the parent company of Internet Company (IP), has published a roadmap. It highlights the company’s commitment to integrating Artificial Intelligence (AI) with blockchain technology. Moreover, Internet Company is interested in bringing most of its services and operations...
HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin
20.5.2024
Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector.
The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews
Japanese Manga Game Captain Tsubasa Launches on Oasys Blockchain
20.5.2024
Japanese Manga-inspired game Captain Tsubasahas launched on the gaming blockchain Oasys offering 5,000 non-fungible tokens (NFTs) to players.
The post Japanese Manga Game Captain Tsubasa Launches on Oasys Blockchain appeared first on Cryptonews
Ripple Publishes Scholar’s Call for Quantum-Resistant Cryptography in Blockchain
20.5.2024
Ripple's latest report features University of Trento Professor Massimiliano Sala’s advocacy of the need for new cryptosystems to protect blockchain from future quantum computing threats.
The post Ripple Publishes Scholar’s Call for Quantum-Resistant Cryptography in Blockchain appeared first...
Russian Court Jails Finiko Crypto Scam Exec for Three Years
20.5.2024
A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.”
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews
Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’
20.5.2024
The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years.
The post Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’ appeared first on Cryptonews
Political Donations Hits Record $91M of Crypto Pre 2024 Election
18.5.2024
Crypto industry donors have poured $94 million into federal political committees since 2023 in an effort to support pro-crypto governance.
The post Political Donations Hits Record $91M of Crypto Pre 2024 Election appeared first on Cryptonews
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...
Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
17.5.2024
Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral.
The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews
Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets
17.5.2024
Oklahoma has passed a bill aimed at protecting the rights of its residents to self-custody their digital assets.
The post Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets appeared first on Cryptonews
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong.
The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews
Institutions Will Require Data Management Tools For Digital Asset Adoption
17.5.2024
Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment.
The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cryptonews
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Reddit Stock Price Jumps After OpenAI Data-Sharing Deal
17.5.2024
Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT.
The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews
SKUx and Visa partner to boost merchant and CPG digital transformation
17.5.2024
SKUx inks an exclusive deal with Visa to expedite digital transformation for specific business houses and FMCG firms. These organizations employ SKUx’s payment-focused services to support a variety of consumer use cases. These include client intake, loyalty issues, and a whole lot more. SKUx...