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US House Votes to Block Federal Reserve’s Digital Dollar Plans


The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews

Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion


Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...

What’s Happening In Crypto Today? Daily Crypto News Digest


In crypto news today: Why is crypto down today? Elixir Games Acquires RoboKiden and Partners with Ava Labs Spark Launches Stablecoin Savings Solution on Gnosis Chain The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews

Coinbase Re-Introduces XRP Trading for New York Customers


Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again. The post Coinbase Re-Introduces XRP Trading for New York Customers appeared first on Cryptonews

Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy


Speculations regarding Bybit's potential hack or insolvency sparked concerns within the crypto community, prompting CEO Ben Zhou personally to step in to refute these claims.  The post Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy appeared first on Cryptonews

Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame


U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...

ESET And Dutch Police Uncover Ebury Botnet’s Crypto Theft Operation


The Dutch authorities and Slovakian cybersecurity company ESET discovered a significant cryptocurrency theft connected to the infamous Ebury botnet. This botnet poses a serious threat to the industry because it has hacked more than 400,000 systems in the last 15 years. The post ESET And Dutch...

Blockchain Technology Helps Enable Reusable KYC Solutions


Reusable KYC solutions are gaining traction and blockchain technology can ensure that users own their data and private information. The post Blockchain Technology Helps Enable Reusable KYC Solutions appeared first on Cryptonews

Layer 2 vs. Execution Sharding: Vitalik Unveils the core distinctions


The key difference between layer 2 and execution sharding lies in the variety of execution environments. The Ethereum L2s have successfully performed the roles of execution environments, and the focus of the discussions of the contemporary age is on the EVM equivalent of layer 2.  Approaches like...

Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance


Casper Labs introduces Prove AI to enhances transparency and auditability for AI training data using blockchain technology, integrating with IBM’s watsonx.governance platform to ensure secure management. The post Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance appeared...

Nigerian Court Adjourns Binance Tax Evasion Trial to June 14


The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan, till June 14 due to Gambaryan's absence. The post Nigerian Court Adjourns Binance Tax Evasion Trial to June 14 appeared first on Cryptonews

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