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CFTC Commissioner will step down to become Blockchain Association CEO

14.5.2025
Summer Mersinger, one of four commissioners currently serving at the US financial regulatory body Commodity Futures Trading Commission (CFTC), will become the next CEO of the digital asset advocacy group the Blockchain Association (BA). In a May 14 notice, the Blockchain Association said...

Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs

13.5.2025
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs.On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets...

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

13.5.2025
Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM).The acquisition, which is subject to customary closing conditions and regulatory approval...

NYC Mayor doubles down on crypto push ahead of city summit

12.5.2025
New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie...

DeGods NFT founder steps down as collection gains traction

12.5.2025
The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales for the collection. Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding...

Blockchains ready for institutions, lawyers hesitate: DoubleZero CEO

6.5.2025
While blockchain infrastructure may be ready for institutional use, many legal teams at big firms remain cautious about fully integrating the technology. At the Token2049 event in Dubai, DoubleZero founder and former Solana head of strategy Austin Federa told Cointelegraph that today’s...

Citi and SDX partner to tokenize traditional private markets

6.5.2025
Investment bank Citi and Switzerland’s SIX Digital Exchange (SDX) are teaming up to modernize traditional private markets through tokenization.The initiative, revealed during the Point Zero Forum in Switzerland, will leverage SDX’s blockchain-based Central Securities...

Research DAO claims paralyzed rats recover after spinal cord fix

6.5.2025
Decentralized autonomous organization (DAO) HydraDAO claims that its researchers were able to use a novel technique to repair severed spines in rats.In a May 5 X post, decentralized science (DeSci) project HydraDAO said that one of its research projects resulted in “rats who had their spines...

How much Bitcoin can Berkshire Hathaway buy?

6.5.2025
Key takeaways:Berkshire holds $347B in cash, enough to buy ~18% of Bitcoin’s supply.Greg Abel has not signaled a shift from Warren Buffett’s anti-Bitcoin stance.Berkshire already has indirect crypto exposure via Nu Holdings, Jefferies.Warren Buffett announced at Berkshire Hathaway's...

Mattel to wind down its Hot Wheels Virtual Garage NFTs

5.5.2025
Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future.There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on...

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