The Ethereum Foundation has launched the “Trillion Dollar Security Initiative,” a comprehensive effort to bolster the security of the Ethereum ecosystem and drive broader adoption of on-chain technologies. This initiative, announced May 14th, reflects the Foundation’s commitment to strengthening Ethereum’s…
Cryptocurrency founders converged on Washington, D.C., to lobby lawmakers ahead of a potential revote on the GENIUS Act, a bill aiming to regulate stablecoins. This follows the bill’s initial failure in the Senate on May 8th. Coinbase CEO Brian Armstrong,…
New York’s Increasing Influence on Crypto Regulation Adrienne Harris, head of the New York State Department of Financial Services (NYDFS), highlights New York’s significant role in shaping the crypto regulatory landscape. The NYDFS frequently advises federal legislators on regulatory processes,…
Bitcoin’s price action remains a focal point in the cryptocurrency market. While it’s currently trading above $103,000, buyers face resistance around the previous all-time high of $109,588. However, significant Bitcoin accumulation by whales over the past month suggests potential for…
VanEck’s foray into the burgeoning digital economy is marked by the launch of its actively managed exchange-traded fund (ETF), the VanEck Onchain Economy ETF (NODE). Listed on the Cboe exchange, NODE offers investors broad exposure to the blockchain ecosystem. Its…
XRP’s recent surge has captivated investors, with the cryptocurrency experiencing a remarkable 65% increase over the past month. Technical analysis suggests further gains are possible. A potential 45% rally could propel XRP to approximately $3.69 by June, fueled by a…
Canada’s classification of stablecoins as securities in 2022 has drawn criticism. Tanim Rasul, COO of NDAX, argues that this categorization is flawed, contrasting it with Europe’s approach under MiCA, which treats stablecoins as payment instruments. This differing regulatory stance highlights…
Bitcoin’s recent performance signals strong bullish momentum, fueled by steady investor confidence and significant capital inflows. Glassnode data reveals a $30 billion increase in Bitcoin’s realized cap since April 20th, reaching $900 billion. This growth, although slower than the late…
The cryptocurrency world has witnessed several unsettling incidents involving death, faked death, and disappearances, leaving behind more questions than answers. These events highlight the industry’s opacity and the potential for manipulation. One notable case involves Jeffy Yu, a developer who…
Summer Mersinger, a commissioner at the Commodity Futures Trading Commission (CFTC), will become the next CEO of the Blockchain Association (BA), succeeding Kristin Smith. Mersinger’s departure from the CFTC, where she served since 2022, creates a vacancy for President Trump…
