New York proposes legislation to allow stablecoins as bail payment
New York State has proposed new legislation that would authorize fiat-collateralized stablecoins as a means of bail payment.
Core Scientific challenges Celsius Network’s $4.7m compensation claim
Core Scientific, a bankrupt Bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed…
Former FTX CEO Sam Bankman-Fried wants most criminal charges dismissed
Sam Bankman-Fried (SBF), who previously served as CEO and co-founder of FTX, is seeking to have most of…
Kenya proposes bill to tax crypto and NFT transfers
Kenya’s lawmakers are considering the introduction of a new bill that would impose a tax on cryptocurrency and…
Coinbase’s Q1 revenue jumps 22% to $736m from Q4
Crypto exchange Coinbase has reported a significant reduction in net loss during the first quarter of 2023, as…
CEX trading volumes see first decline in three months
Centralized exchange trading volumes experienced a dip in April, marking the first decline in three months after a…
Litecoin community tests new fungibility standard with LTC-20 token
The Litecoin community is currently testing a new standard called LTC-20, which aims to improve the fungibility of…
Coinbase faces class-action lawsuit for allegedly violating biometric privacy laws
Crypto exchange Coinbase is facing a proposed class-action lawsuit alleging that it has violated Illinois’ Biometric Information Privacy…
Social influence and FOMO drove crypto investors in 2022
According to a recent survey by the United States Financial Industry Regulatory Authority (FINRA), new investors in the…
Franklin Templeton launches US-registered fund on blockchain with Polygon
Leading asset manager Franklin Templeton which oversees $1.4 trillion worth of assets on behalf of its clients, has…