Crypto

May 16, 2024

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. […]

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

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 […]

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 […]

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, […]

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 […]

$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Sonne Finance, a lending protocol, was compelled to suspend its operations following a hack that saw $20 million worth of cryptocurrencies drained from the market.   […]
May 14, 2024

Biden orders removal of Chinese-owned crypto miner near missile base

President Joe Biden has issued an order preventing a China-linked crypto mining firm from utilizing land near a Wyoming nuclear missile base.   National Security Concerns […]
May 13, 2024

Reports of ‘bleached’ counterfeit bills crop up across North America

Counterfeit United States dollars are increasingly surfacing across North America, with incidents reported from Texas to Hawaii and even in Canada.   In Brownsville, Texas, police […]

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