The Bank of Israel (BoI) is speeding up efforts to develop its central bank digital currency (CBDC), dubbed the “digital shekel.” In a recent update on May 28, the bank revealed plans for the CBDC’s payment use case through the ‘Digital Shekel Challenge’ experiment, a key part of its action plan for the potential issuance of the CBDC.

Magic has partnered with Etherlink to boost Tezos dApp development with enhanced scalability and security.

Riot Platforms has acquired a 9.25% stake in Bitfarms after its takeover offer was rejected.

London-based challenger bank Kroo has banned its customers from engaging in crypto transactions in order to “help keep user account and money safe.”

The US District Court for the District of Utah on Tuesday threw out the SEC’s case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions.

Central Bank Governor Chea Serey revealed On May 28 that the Central Bank Digital Currency (CBDC) Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments.

HTX (formerly Huobi) achieved a major milestone on May 27 by temporarily surpassing US-based Coinbase in daily spot trading volumes for the first time.

In an exclusive interview with Cryptonews, Avail co-founder Anurag Arjun discussed rebranding Matic to Polygon and establishing Avail to provide the infrastructure for future crypto.

Former FTX executive and Sam Bankman-Fried (SBF) associate Ryan Salame has been sentenced to 7.5 years in prison and a combined total of $11 million in forfeiture and restitution for criminal charges stemming from his time at SBF’s crypto exchange following a Tuesday morning hearing.

NodeOps has secured $5 million in seed funding to enhance and simplify blockchain node deployment and management.

Anime Foundation is launching with Animoca Brands, MyAnimeList, and San FranTokyo as partners.

French startup Ledger has finally begun shipping its latest Ledger Stax devices, nearly 18 months after their initial announcement.

A cryptocurrency wallet linked to former President Donald Trump, a leading Republican presidential candidate, reportedly holds assets worth approximately $10 million.

The European Blockchain Observatory and Forum (EUBOF), an initiative of the European Commission, released a report on May 24 calling on the European Union (EU) to ready itself for the integration of blockchain technology and artificial intelligence (AI). The latest move from the EU blockchain is seen as a proactive approach to secure users’ data.

TRON founder Justin Sun is encouraging those in the blockchain sector to vote for the pro-crypto candidate as tensions heat up between Joe Biden and Donald Trump ahead of the 2024 U.S. presidential election.

Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, sold the asset claims of Gopax victims at less than half their face value on May 27.