Broxus, a major contributor to The Open Network (TON) ecosystem, has introduced a new platform dubbed TON Factory to empower developers building decentralized exchanges (DEXs), blockchain-based games, and other high-throughput applications. Announced on April 30 via Telegram, TON...
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPal’s dollar-backed stablecoin, PYUSD, opting not to pursue any enforcement action. The decision was disclosed in a regulatory filing on April 29, marking a regulatory...
Asset management giant BlackRock is taking another significant step into blockchain-based finance by filing to launch digital ledger technology (DLT) shares for one of its money market funds. The initiative, outlined in an April 29 filing with the...
According to reports citing Senate Majority Leader John Thune, the U.S. Senate is preparing to take up stablecoin legislation before the Memorial Day recess on May 26. In an April 29 politico report during a closed-door session with...
The Bank of Italy has raised fresh concerns over the growing influence of Bitcoin and other digital assets on the financial system, warning that their rising integration with the broader economy poses new risks for investors and systemic...
An Indian court has directed authorities to block access to the encrypted email service Proton Mail, intensifying ongoing tensions between privacy-focused tech firms and government surveillance mandates. The ruling, issued on April 29 by Justice M. Nagaprasanna of...
Decentralized finance protocol Loopscale has successfully retrieved almost half of the $5.7 million drained from its vaults during a major security breach on April 26. The recovery follows ongoing white-hat negotiations with the exploiter, which have shown significant...
In a bold move to cement the UAE’s position in the global blockchain arena, three of Abu Dhabi’s most influential institutions are collaborating to launch a dirham-pegged stablecoin pending regulatory approval. The coalition includes ADQ, the Emirate’s sovereign...
The founders of Bankera, a Lithuania-based crypto fintech company, are under scrutiny following revelations that they diverted a significant portion of investor funds from their 2018 initial coin offering (ICO) to finance personal luxury property purchases across the...
The DeFi Education Fund has called on former President Donald Trump to intervene in what it decries as a “lawless campaign” by the Department of Justice (DOJ) against open-source software developers, singling out the prosecution of Roman Storm,...
