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May 16, 2024
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Published by Victoria Kyle at May 16, 2024
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Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol has achieved unicorn status following a recent $30 million fundraising round, elevating its valuation to $1 billion.   Led by Kingsway […]
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May 16, 2024
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Published by Victoria Kyle at May 16, 2024
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Vanguard’s new boss says Bitcoin ETF not on the table: Report

The new chief executive of United States investment giant Vanguard, Salim Ramji, has affirmed the company’s decision not to launch a spot Bitcoin exchange-traded fund (ETF). […]
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May 16, 2024
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Published by Victoria Kyle at 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. […]
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May 16, 2024
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Published by Victoria Kyle at 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 […]
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May 16, 2024
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Published by Victoria Kyle at 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 […]
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May 15, 2024
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Published by Victoria Kyle at 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 […]
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May 15, 2024
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Published by Victoria Kyle at 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 […]
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May 15, 2024
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Published by Victoria Kyle at 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, […]
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May 15, 2024
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Published by Victoria Kyle at 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, […]
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May 15, 2024
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Published by Victoria Kyle at 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 […]
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