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May 16, 2024
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SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

Representative Wiley Nickel accuses the United States securities regulator of politicizing crypto regulation, asserting that its “open hostility” is not in President Joe Biden’s best interests. […]
May 16, 2024
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Millennium Management discloses $2B in Bitcoin ETF holdings

International hedge fund Millennium Management has disclosed holding nearly $2 billion worth of spot Bitcoin ETFs as of the first quarter of this year.   Millennium […]
May 16, 2024
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Mastercard, Standard Chartered test tokenized deposit transaction

Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully conducted the first live test of Mastercard’s Multi-Token Network (MTN) within the Hong Kong Monetary Authority […]
May 15, 2024
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Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Vanguard, a prominent asset management giant, has made a significant move by appointing Salim Ramji, a former executive at BlackRock known for his Bitcoin-friendly stance, as […]
May 15, 2024
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Solana-based Cypher developer confesses to gambling away $300K of user funds

Pseudonymous Cypher Protocol developer Hoak has admitted to misappropriating approximately $300,000 worth of user funds and squandering them through gambling activities. The confession was made public […]
May 15, 2024
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Over 1 million new crypto tokens have been launched since April

The month of April witnessed an unprecedented surge in token creation, with Ethereum and Solana emerging as primary platforms for this proliferation.   Since April commenced, […]
May 15, 2024
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OpenAI co-founder and chief scientist departs AI firm

Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit division, is bidding farewell to the artificial intelligence company.   In a post on May 14, […]
May 15, 2024
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Layer-3 network Degen Chain hasn’t produced a block in 53 hours

The Ethereum layer 3 blockchain, Degen Chain, has encountered a significant setback, leading to a prolonged period of unavailability.   Degen Chain ceased to validate transactions […]
May 15, 2024
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El Salvador mines 474 Bitcoin using geothermal volcanic energy

El Salvador has utilized volcanic geothermal energy to mine 474 Bitcoin, valued at $29 million, since 2021. The mining operation, powered by the Tecapa volcano, employed […]
May 15, 2024
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Circle shifts legal home to US ahead of IPO

Circle Internet Financial, the force behind the world’s second-largest stablecoin, USD Coin (USDC), has unveiled plans to relocate its legal headquarters from the Republic of Ireland […]

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