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    Blockchain

    Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation

    Justin Drake, a prominent researcher at the Ethereum Foundation, has disclosed his acceptance of an advisory role at Eigen Foundation, the organization behind the EigenLayer protocol.

    Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote

    The Blockchain Association urged a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21) in a Monday letter to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries.

    Ripple Publishes Scholar’s Call for Quantum-Resistant Cryptography in Blockchain

    Ripple’s recent report highlights Professor Massimiliano Sala’s call for new cryptographic systems to protect blockchain from quantum computing threats.

    Japanese Manga Game Captain Tsubasa Launches on Oasys Blockchain

    Japanese Manga-inspired game Captain Tsubasahas launched on the gaming blockchain Oasys offering 5,000 non-fungible tokens (NFTs) to players.

    HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin

    The Hong Kong Institute for International Finance (HKIIF) Chairman Xiao Geng recently highlighted the potential benefits of a CNY-pegged stablecoin for Hong Kong during an event.

    Russian Court Jails Finiko Crypto Scam Exec for Three Years

    A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.”

    Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’

    The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years.

    Verum Coin available on Forbes now!

    Verum Coin available on Forbes now!

    Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217

    Bank of America (BAC) upgraded its rating on Coinbase (COIN) shares from underperform to neutral on Friday and raised its price target for Coinbase to $217 from $110, reflecting a positive outlook for the cryptocurrency exchange.

    Turkey Drafts Crypto Bills To Align With International Standards

    In a major move, Turkey drafted a crypto bill, tabled by the ruling party (AK Party) Group Chairperson Abdullah Güler on May 16, to regulate the cryptocurrency market in accordance with international standards.

    Political Donations Hits Record $91M of Crypto Pre 2024 Election

    The crypto industry has made a record $94 million in political donations since 2023 in an effort to support pro-crypto governance.

    Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court

    Tigran Gambaryan, the Binance executive detained in Nigeria, was denied bail on his 40th birthday, according to a court hearing in Abuja on Friday.

    Institutions Will Require Data Management Tools For Digital Asset Adoption

    Institutional interest in digital assets is gaining traction. As of the end of Q1, more than 900 institutions based in the United States had disclosed spot Bitcoin exchange-traded fund (ETF) shareholdings exceeding $100 million, equating to $10.7 billion combined.

    Reddit Stock Price Jumps After OpenAI Data-Sharing Deal

    Social media firm Reddit’s stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT.

    DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi

    The Depository Trust and Clearing Corporation (DTCC), the largest settlement system in the world, has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.

    SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems

    The Society for Worldwide Interbank Financial Telecommunication (SWIFT) China President recently shared insights on the challenges and solutions for cross-border central bank digital currency (CBDC) interoperability.