On May 10, 2023, Latrice Walker, a Democrat in the New York State Legislature, introduced a bill with partisan support that aims to include stablecoins pegged to the US dollar as a recognized form of payment for bail bonds....
Multiple traditional financial institutions in the United Kingdom have expressed concerns regarding the government's plans to regulate cryptocurrencies. These institutions have raised issues related to accuracy, taxation, and consumer protection as potential risks associated with cryptocurrency regulation. The Institute...
Validators on the Ethereum network have seen a substantial increase in their earnings; they accrued a total revenue of $46 million in the first week of May 2023. Data from beaconcha.in reveals that validators earned a combined total of...
President Joe Biden recently took to Twitter to share an infographic calling for the closure of tax loopholes that supposedly benefit wealthy cryptocurrency investors. The president estimated that the government could save approximately $18 billion by addressing these loopholes....
Sixteen individuals accused of kidnapping and stealing cryptocurrency began their trial at the Ho Chi Minh City People's Court on May 10, 2023. The defendants, including Ho Ngoc Tai, Tran Ngoc Hoang, and their associates, allegedly stole approximately $1.5...
The Aragon Association, the organization responsible for managing the Aragon open-source framework for decentralized autonomous organizations (DAOs), has decided to cancel its proposal to grant voting rights to holders of its native Aragon (ANT) token. The announcement was made...
OKX has announced its position as the title sponsor and premium partner of the Blockchain Economy Istanbul Summit, the largest blockchain conference in Eurasia. The Summit aims to bring together industry representatives and entrepreneurs from leading crypto and blockchain...
OKX has launched a global advertising campaign that appears to take a jab at Coinbase's recent marketing efforts. Released on May 9, 2023, OKX's 60-second video campaign concludes with a critique of what it perceives as flaws in the...
Hong Kong's Chief Executive Officer of the Monetary Authority, Eddie Yue, has announced that the city is open to cryptocurrency companies, but they will abide by its stringent regulations. Yue made these comments while speaking at Bloomberg Wealth Asia...
A new survey by Goldman Sachs reveals that wealthy individuals are increasingly investing in digital assets and blockchain technology. According to the survey, 32% of family offices now invest in digital assets, including stablecoins, non-fungible tokens (NFTs), decentralized finance...
