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Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121


The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on Monday afternoon. The vote follows a House vote of the federal agency’s guidelines, with the resolution now headed to President...

State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds


On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology. The post State-owned German Bank Set...

LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop


LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.  The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews

Stepn Partners With Adidas to Issue Genesis Sneakers NFTs


Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations, comprises 1,000 NFTs inspired by Adidas’...

Polygon CEO’s statement on Ethereum #1 issue


Polygon CEO Marc Boiron has released another Ethereum statement, claiming that competition between Layer 2 chains poses a serious danger to Ethereum. Marc Boiron, known for his outspokenness, points out that competition among Layer 2 solutions is a significant challenge for Ethereum.  According...

dYdX Investigates Block Production Halt During Scheduled Upgrade


dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report. The post dYdX Investigates Block Production Halt During Scheduled Upgrade...

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