Blockchain Association Pushes for House Vote on FIT21 Act

The Blockchain Association today urged House Speaker Mike Johnson and Minority Leader Hakeem Jeffries to support H.R.4763, or the Financial Innovative and Technology for the 21st Century Act (FIT21). 1/ Today, @BlockchainAssn members sent a letter to @SpeakerJohnson and @RepJeffries in support of a floor vote for the Financial Innovation and Technology for the 21st […]

XLink Partners with Kaamel, Ancilia, and Cobo After $10M Breach

XLink has partnered with Kaamel Technology to strengthen its cybersecurity. This partnership comes shortly after another security breach on May 15 that cost  $ 10  million in user funds. Kaamel Technology company, specializes in privacy and cybersecurity issues a broad survey to identify the primary reasons for the incident and to avoid recurrences. XLink is […]

Judge Rules Craig Wright Guilty of Grand Scale Forgery

One UK judge has ruled that Craig Wright, a computer scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto, guilty of extensive forgery and lying before the court.  High Court  Justice James Mellor’s judgement that was presented on Monday stated that Craig has lied repeatedly to support his claims of being Nakamoto. Source: Letter Craig […]

Bitcoin Hits Five-Week High, Breaching $68,000 Mark

Bitcoin has surged past the $68,000 mark, catalyzing a broad cryptocurrency rally, as renewed investor interest follows positive economic indicators. This upward movement marks the first significant breakthrough above this level in over five weeks, with the current price at $68,710. BTC 24-hr Price Chart (Source: coinmarketcap) Spot Bitcoin ETFs Inflows The surge in Bitcoin’s […]

Nyan Heroes’ NYAN Token Launch is Coming

The launch of Nyan Heroes’ token, NYAN, draws near, and the cryptocurrency community is filled with excitement and anticipation. The $NYAN token launch is coming🔥 Here's what you need to know👇 🚨Always verify the exchanges that we are trading on. Any tokens trading on alternative exchanges please verify the token contract address beforehand🚨 Official exchanges➡️@Bybit_Official➡️@gate_io… […]

Genesis to Pay $2 Billion for NY Investor Loss Compensation

Genesis Global Capital Settles with New York Attorney General for $2 Billion in Significant Cryptocurrency Industry Development. This settlement, resulting from charges of financial mismanagement and deceit through the Gemini Earn program, marks a critical step in state-led efforts to ensure transparency and accountability in the crypto sector. Victims’ Fund Established to Restore Investor Losses […]

Gnosis Token Surges 20% After Thanefield’s $30M Buyback Proposal

Thanefield Capital has proposed a $30 million token buyback to the Gnosis DAO in a strategic move to align market value with intrinsic book value. This initiative promises to recalibrate the price of Gnosis (GNO), which according to Thanefield, is currently undervalued based on its assets totaling $730 million. Community and Leadership Back Buyback Plan […]

U.K. Court Allows Wikileaks’ Founder Julian Assange To Appeal Extradition

The U.K. High Court gave Julian Assange, the founder of WikiLeaks, a reprieve by allowing him to contest his extradition to the United States on May 20. During a brief court hearing, two judges decided that the US administration had not complied with the standards. The US administration stated in April that Mr. Assange “will […]

Binance Pushes Small Blockchain Ventures to Address FDV Issues

Binance initiates a call to action for smaller blockchain ventures, emphasizing the need to address the prevalent low float and high fully diluted valuations (FDV) trend that impacts the stability of the crypto market. The exchange is actively encouraging these smaller projects to participate in its listing programs, stressing the benefits of solid fundamentals and […]

Grayscale CEO Michael Sonnenshein Resigns Position

Grayscale’s Chief Executive Officer, Michael Sonneshein, resigned from his position after contributing to its growth as the largest cryptocurrency asset management company globally during the last 10 years.  Grayscale appoints Peter Mintzberg, who presently leads strategy for Goldman Sachs’ asset and wealth management division, as a new CEO. Mintzberg will join Grayscale’s board of directors […]