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Crypto
SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York…
Sky pitches ousting Maker token, enabling staking, to complete upgrade
Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking.The proposal, posted on May 1 to Sky’s decentralized autonomous organization…
Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup
Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in…
Arizona crypto reserve bill passes House committee, heads to third reading
One of Arizona’s crypto reserve bills has been passed by the House and is now one successful vote away from heading to the governor’s desk for official approval.Arizona's Strategic Digital Assets Reserve Bill (SB 1373) was approved on April…
Bitcoin reserve bills advance in New Hampshire, Florida
New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves.New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on…
Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech
Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency.“I officially and…
France’s state bank earmarks $27M for crypto with ‘strong French footprint’
France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects.Bpifrance said in a March 27 press release that it would back newly formed projects “with…
Biopharma exec says Bitcoin could help industry through ‘biotech winter’
NASDAQ-listed biopharmaceutical firm Atai Life Sciences says cryptocurrencies like Bitcoin could be key to survival for biotech startups as they wade through years of regulatory approvals. Atai, which is developing mental health treatments…
Solana proposal to cut inflation rate by up to 80% fails to pass
A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process.“Even though our proposal was technically defeated by the vote, this was a…
Ether sentiment hits yearly low but that could be a good thing: Santiment
Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment. Santiment's social sentiment tracker…