A blockchain-enabled platform, Tether, has publicized the positioning of its native USDT stablecoin on Kaia blockchain, a layer 1 network launched in August last year on May 7. As per the announcement, USDT will be amalgamated into the Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet. Tether posted
May 7, 2025 2 mins read
The Chief Executive Officer of Hacken, Dyma Budorin, claims that crypto firms are still not serious about cybersecurity, despite big hacks such as the $1.4 billion hack of Bybit. He further added that the industry continues to be dependent on restricted steps like bug bounties and penetration tests. Instead of
May 7, 2025 2 mins read
New Hampshire has hit a major milestone after the Governor of the state signed the bill HB 302 into law on May 6. The governor posted on X, mentioning that New Hampshire is once again first in the nation. She further added that she has signed a new law permitting
May 7, 2025 2 mins read
Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
May 7, 2025 2 mins read
The chief executive officer of Coinbase, Brian Armstrong has asserted that congress needs to progress the Stablecoin and market structure bills. He also hopes to pass the bill before August 2025. The CEO requested an immediate action from Congress through his recent post on the matter of progressing its Stablecoin
May 6, 2025 2 mins read
The High Court of Kenya has recently ordered Sam Altman to delete the biometric data gathered by the Worldcoin project within one week. On Monday, Lady Justice Aburili ordered in an open court that Worldcoin Foundation and its officials delete the biometric data permanently collected in Kenya. The counsel for
May 6, 2025 2 mins read
The Supreme Court of India has contrasted Bitcoin trading in India to a more lustrous form of Hawala on May 5. Talking about Hawala, it is an illegal money transfer system.The Court further condemned the Centre for not having clear rules for digital currency till now. As per the reports
May 6, 2025 2 mins read
The House Republicans have introduced a new Digital Asset Market Structure Discussion Draft on May 5. The draft is focused on cutting the dominance of big crypto companies and increasing participation in the wider market, according to an official from Paradigm. Glenn Thompson and French Hill, the House agricultural and
May 6, 2025 2 mins read
Binance has recently collaborated with the National Agency for Investments of Kyrgyzstan to enforce crypto payment infrastructure and introduce blockchain education programs. At the time of the inaugural meeting of the Council for Development of Digital Assets, conducted on May 4, the government of Kyrgyzstan assured that the strategic collaboration
May 5, 2025 2 mins read
The digital ministry of Indonesia has suspended the local operating license of World Network as the authorities found that the project was running under a registration not tied to an Indonesian legal entity. The Ministry of Communication and Digital of Indonesia, commonly known as Komdigi, froze the registration certificate of
May 5, 2025 2 mins read