GENIUS Act stalls in Senate, lawmakers eye new proposal next week
The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to regulate stablecoins in the US. The decision came with a…
UAE state-owned Emarat partners with Crypto.com to integrate Bitcoin, crypto payments at gas stations
Emirates General Petroleum Corporation (Emarat), the UAE’s federal government-owned fuel retailer, has partnered with Crypto.com to introduce crypto payments at fuel stations, marking a first in the Middle East and…
SEC considers crypto exemption to streamline tokenized securities trading
The US Securities and Exchange Commission (SEC) is reviewing a potential exemption order allowing firms to issue and trade securities using distributed ledger technology (DLT). SEC Commissioner Hester Peirce revealed…
OpenAI launches initiative to spread democratic AI through global partnerships
OpenAI launched a new initiative to help countries build artificial intelligence systems rooted in democratic values, according to a May 7 statement. The OpenAI for Countries initiative is part of…
Bitcoin hits $101k to reclaim six-figures as Trump confirms US, UK trade deal
Bitcoin (BTC) reclaimed the $100,000 mark for the first time in over two months, driven by bullish market sentiment, rising institutional adoption, and renewed macroeconomic confidence after President Donald Trump…
Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025
The Ethereum Foundation has announced the distribution of over $32 million in grants during the first quarter of 2025. According to the May 8 update, the funding was issued through…
LockBit breach exposes 60,000 Bitcoin addresses, offers bounty for hacker’s identity
LockBit, one of the most well-known Ransomware-as-a-Service (RaaS) groups, suffered a serious security breach that exposed around 60,000 Bitcoin addresses. On May 8, blockchain security firm SlowMist reported that hackers…
Post Pectra, Ethereum now targets efficiency with 60 million gas limit expansion
Ethereum is eyeing an increase in its gas limit by 66% to 60 million units to improve transaction capacity and network efficiency. On May 7, Ethereum core developer Parithosh Jayanthi…
The role of crypto wallets: navigating the digital financial landscape
The emergence of cryptocurrencies like Bitcoin and Ethereum has transformed how individuals view financial management in the digital world. At the heart of this transformation lies the crypto wallet, a…
Doodles NFT sales surge 97% ahead of DOOD token airdrop
Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop. On May 8, data from…