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Crypto lobby group says SEC should back off regulating most DAOs
Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs).T...
Elon Musk leaves DOGE as job was ‘uphill battle’
Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs.Musk’s status as ...
European crypto firm K33 raises $6.2M for Bitcoin buys
Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency.K33 ...
Crypto vulnerable if CFTC not given authority, says ex-chair Behnam
Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV intervie...
US court freezes $57M USDC allegedly linked to LIBRA scandal
A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin.Onchain data shared with Cointelegraph by the class group�...
Crypto Firms Flee Ukraine—Weld Money Becomes Latest To Exit
Ukraine’s crypto card market is shrinking fast. Weld Money, a fintech that let people spend crypto through a Mastercard-linked card, is closing its doors in the country. Users have been told to pull...
Labor Department rescinds Biden-era guidance for crypto in 401(k) plans
The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department...
Pakistan announces Bitcoin strategic reserve
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve.Speaking at the Bitcoin 2025 conference in Las Vegas, Neva...
GameStop shares sink 11% after BTC purchase
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock clos...
Bitcoin Mining’s Centralization Threat: Six Pools Now Control 95% of Mined Blocks
By 2025, Bitcoin mining has become noticeably more centralized than ever before. According to research by independent an...
Newswire > Tag: blockchain

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