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Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million
22.5.2024
Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.
The post Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million appeared first on Cryptonews
Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle
22.5.2024
On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...
Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump
22.5.2024
Joe Biden is having trouble keeping pace with the crypto lobby, which is overwhelmingly backing the Trump campaign.
The post Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump appeared first on Cryptonews
Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
The post Ethereum Futures ETFs Hit Record Daily Trading Volume Amid...
Enjin Blockchain keeps its pledge by introducing Quick Wallet
22.5.2024
Enjin Blockchain has lived up to its pledge to positively impact Web3 by delivering its landmark feature, Quick Wallet. The Quick Wallets allow users to obtain a deserving Enjin beam without installing the Enjin wallet. It comes at no cost whatsoever. Inside the Enjin ecosystem, Quick Wallet...
How Blockchain is Reshaping Supply Chains Beyond Finance
22.5.2024
The benefits of transparency, security, and efficiency could be useful in dozens of industries when sourcing and managing supply chains, says Julie Lamb, Head of Events at Crypto Mondays
WisdomTree Secures Permission To List Crypto ETPs On the London Stock Exchange
22.5.2024
On May 22, WisdomTree was given permission by the Financial Conduct Authority (FCA) to list WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), two of its cryptocurrency exchange-traded products (ETPs), on the London Stock Exchange (LSE).
The post WisdomTree Secures...
Witness Chain uses Polygon CDK for DePIN coordination layer development
22.5.2024
Witness Chain has announced plans to develop the DePIN Coordination Layer (DCL) with the help of the Polygon CDK (Chain Development Kit). There are multiple functions that the DCL is intended to fulfill. To start with, it opens the door for the development of composite DePIN DApps, which combine...
SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
Cronos zkEVM Testnet network gets upgraded to Tethys
22.5.2024
Cronos zkEVM Testnet network gets upgraded to Tethys, with its testnet scaling creating the way forward towards Cronos zkEVM’s mainnet introduction. In the case of Cronos zkEVM, it is a zero-knowledge ZK layer 2 blockchain network harnessed by Ethereum. Its project revolves around ZK Chain...
Stripchain raises $10M to simplify blockchain user experience
22.5.2024
Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers
Near plans AI chatbot to help users code decentralized apps
22.5.2024
Near co-founder Illia Polosukhin believes that there’s a need for user-owned AIs that are optimized for people’s well-being and economic success
Casper Labs, IBM launch Prove AI auditing solution on watsonx platform
22.5.2024
Blockchain-based Casper Labs will integrate with “wastonx.governance” to provide enhanced security, access and versioning
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
22.5.2024
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated...
Nigeria reforms blockchain policy committee with fresh experts
22.5.2024
Inuwa said the committee’s strategic reconstitution would bring together a fresh wave of experienced professionals and leading minds in blockchain
COTI V2 changing private play on blockchain via encrypted circuit
22.5.2024
COTI V2 is an absolute game changer with a private play on blockchain through encrypted circuits, bringing extra speed and less weight. Presently, the builder network Genesis is positioned live, with the company reaching out to developers to connect with their developer scheme. The network comes...
BlockDAG’s keynote display at Shibuya grabs attention of top crypto whales, more on TRON blockchain & The Graph (GRT) price
22.5.2024
Cryptocurrency enthusiasts are always looking for the next big crypto coin, which could shake things up in the industry. With the burgeoning landscape undergoing significant improvements, identifying crypto with the highest ROI can be challenging. This article examines recent developments in...
US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28.
The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews
Ether Market Cap Adds Close to an Entire Solana Blockchain in a Single Day
22.5.2024
SOL is often cited as a contender to replace ETH eventually. This week's market action shows how Herculean the task would be