Author: e_cash_top

[ad_1] SEC commissioner Hester Peirce proposed a shared digital securities sandbox between the US and the UK on May 29. The proposal would extend the Bank of England and FCA’s joint digital securities sandbox (DSS) — which is set to accept UK applications this summer — to US firms. Participants could conduct sandbox activities under the same…

[ad_1] Elon Musk denied reports that he had been advising former President Donald Trump on crypto-related matters but reaffirmed his support for digital assets. The Tesla and SpaceX CEO’s public denial came in response to reports from Bloomberg and the Wall Street Journal that claimed Trump is considering Musk for a policy advisory role if…

[ad_1] Several Ethereum-related projects — including StarkWare, Polyhedra, and Polygon — condemned Matter Labs’ efforts to trademark “zero-knowledge” as its intellectual property in a May 30 joint statement. The statement was signed by notable industry figures, including Polygon co-founders Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Network co-founder Tiancheng Xie, and Turing…

[ad_1] Singapore-based Terraform Labs and its founder, Do Kwon, have reached a settlement agreement with the SEC to end the civil lawsuit filed in the US over allegations of defrauding crypto investors. The development comes after a jury in the US District Court for the Southern District of New York found the company and Kwon…

[ad_1] Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from Bullish Capital and Polychain Capital. This pre-launch funding aims to support team growth, research, and development ahead of Babylon’s mainnet launch. The funds will be used to advance Babylon’s scalable staking and restaking features,…

[ad_1] President Joe Biden’s re-election campaign has reportedly initiated a significant outreach to the crypto industry, according to a new report from The Block. Marking a notable shift from his previous stance, this engagement, which reportedly began approximately two weeks ago, involves seeking guidance from key figures in the crypto sector on community and policy…

[ad_1] Quick Take Since the collapse of FTX in November 2022, only eight digital asset tokens have broken their previous all-time highs (ATH) against Bitcoin (BTC). This data, shared by the anonymous X profile Huma Capital, highlights a significant trend in the digital asset market. Huma capital data shows that the first of these tokens…

[ad_1] Real-world assets (RWAs) tokenization platform TVVIN has expanded to Polkadot as part of its strategy to become an omni-chain platform. In a May 29 statement, the platform revealed it was launching its London Bullion Market Association (LBMA)-certified gold token (VVG) and its platform utility token (TVVIX) on Polkadot. Why Polkadot? By expanding to Polkadot,…

[ad_1] Blockchain analytical platform Nansen said Singapore’s largest bank, DBS, is an Ethereum whale after identifying a wallet purportedly belonging to the financial institution. In a May 30 social media post, Nansen claimed DBS holds approximately 173,753 ETH, valued at $648 million, in the wallet address “0x9e927c02c9eadae63f5efb0dd818943c7262fb8e.” It added that the bank had made over…

[ad_1] Quick Take MicroStrategy was the first publicly traded company in the US to acquire Bitcoin and use it as a treasury asset, beginning this practice in August 2020. Since then, the company has amassed 214,400 BTC. A key metric for MicroStrategy is “BTC per Share,” which indicates the amount of Bitcoin each outstanding share…