Senators slam bank execs for blaming collapses on crypto, pocketing millions
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse....
Month: May 2023
‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment
OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then...
Lightning Labs launches updated protocol to help solve Bitcoin’s BRC-20 issues
Lightning Labs has unveiled a new solution to the clunky process of minting new assets on the Bitcoin network. Bitcoin...
Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. Institutional clients of crypto custody firm Anchorage...
Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. Around...
Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait....
Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical...
BRICS Nations Discuss Expansion Plan as Membership Interest Grows
The BRICS countries are developing guidelines in response to increasing demand from countries seeking to join, according to South Africa’s...
US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international...
Biggest Movers: LTC Hits 2-Week High, as APE Extends Gains
Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is...
Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians...
Lightning Labs launches rebranded ‘Taro’ amid Bitcoin’s BRC-20 bottleneck
Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. Bitcoin...
Airdrops are great, but be aware of the risks
Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to...
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. A motion from...
Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created
Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs)...
