Ukraine is preparing to establish a national strategic Bitcoin reserve, indicating progress in its cryptocurrency sector. Yaroslav Zhelezniak, First Deputy Chairman of the Verkhovna Rada Committee on Finance, announced that a draft law for this reserve is being finalized...
Nebraska legislators have passed a bill imposing new restrictions on cryptocurrency mining. The legislation seeks to mitigate these operations' environmental and infrastructural effects while considering economic growth and sustainable energy consumption. This decision comes as a response to the...
The Ethereum Foundation has launched a "Trillion Dollar Security Initiative" to enhance the security and resilience of the Ethereum blockchain. This program aims to protect the network, which supports a wide range of decentralized finance applications, NFTs, and smart...
Sygnum Bank has expanded its credit offering by adding staked Solana (SOL) to its list of eligible collateral for Lombard loans, allowing clients to unlock fiat liquidity without sacrificing staking rewards. This development comes amid a surge in institutional...
Hong Kong’s Cyber Security and Technology Crime Bureau (CSTCB) unveiled its new cryptocurrency tracing tool, CryptoTrace, on Wednesday, marking a major step in the city’s efforts to combat the growing threat of digital asset-related crime. Developed in partnership with...
Dominick Cicale, a former mafia capo turned entrepreneur, has launched a new digital asset venture, Official Crypto Nostra ($OCN), to establish a utility-driven blockchain ecosystem that delivers real-world value to users. Announced on May 15, the platform integrates non-fungible...
In a bold move to deepen its foothold in blockchain infrastructure, publicly traded firm BTCS has inked a $57.8 million financing deal led by investment firm ATW Partners. The Maryland-based company revealed the agreement on May 14, outlining plans...
The Singapore High Court has approved Sonic Labs’ request to wind up the Multichain Foundation, marking a major legal step toward recovering funds lost in a massive 2023 cross-chain protocol hack. Sonic Labs CEO Michael Kong explained in a...
The United States Senate is poised to pass a landmark bipartisan stablecoin bill, the GENIUS Act, as early as next week, following a key revision that removed controversial language targeting former President Donald Trump’s crypto ventures. Senator Cynthia Lummis,...
Coinbase CEO Brian Armstrong says the crypto exchange giant is actively exploring more mergers and acquisitions after its recent $2.9 billion acquisition of crypto derivatives platform Deribit. Speaking on Bloomberg Television on May 14, Armstrong highlighted the company’s financial...
