OKX Expands to the Netherlands
Major global cryptocurrency exchange OKX has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet. The announcement on June 3 marks a significant step for…
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Uniswap Postpones Protocol Upgrade Vote; UNI Drops 9%
The Uniswap Foundation announced on Friday that it is postponing a crucial vote on a protocol upgrade, which would have introduced rewards for UNI holders who staked and delegated their tokens. This…
Senator Ted Cruz Buys Bitcoin Miners
On May 31, U.S. Senator Ted Cruz announced his purchase of three Bitcoin miners, which will begin operations in Iraan, Texas. In a post on X, Cruz expressed pride in joining Texas…
Banking Lobby Urges Biden to Reconsider SAB 121 Repeal Veto
Just hours before President Joe Biden vetoed the repeal of the Staff Accounting Bulletin (SAB) 121 on May 31, the American Bankers Association (ABA), the largest lobbying organization for the U.S. banking…
Coinbase Accuses SEC of Stifling the Crypto Industry
Cryptocurrency exchange Coinbase has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling the digital assets industry. In a May 31 filing with the U.S. Court of Appeals, Coinbase…
Nigeria Seeks Crypto Clarity One Year into Tinubu’s Tenure
One year into President Bola Tinubu’s tenure, Nigeria’s crypto industry is grappling with confusion and concern. While Tinubu’s campaign promised to legalize cryptocurrency and blockchain technology to bolster Nigeria’s fragile economy, stakeholders…
PayPal’s PYUSD Now Available on Solana Blockchain
Online payment giant PayPal has announced the official launch of its PYUSD stablecoin on the Solana blockchain. The company revealed this expansion in a recent press release, emphasizing that the move aims…
Mastercard’s Crypto Credential Simplifies Blockchain Transactions
Mastercard has launched its new Crypto Credential feature, allowing users to send and receive cryptocurrency using specific usernames instead of traditional, complex wallet addresses. This innovative feature enables users on crypto exchanges…
SEC Issues Warning on Five Common Crypto Scams
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy has issued a warning to investors about the growing threat of cryptocurrency scams. The alert highlights how fraudsters are…
Binance Founder CZ Begins Prison Term Amid Money Laundering Scandal
Changpeng Zhao, the founder of Binance, has started serving his four-month prison sentence at a low-security federal facility in Lompoc, California. His legal team from Latham & Watkins has confirmed his incarceration.…
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