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Blockchain
Pakistan creates Digital Asset Authority to regulate crypto
Pakistan’s Ministry of Finance has reportedly endorsed the creation of a dedicated body to regulate blockchain-based financial infrastructure in the country.The…
Dubai regulator clarifies real-world asset tokenization rules: Lawyer
Newly updated guidelines from Dubai’s crypto regulator include provisions on real-world asset (RWA) tokenization and clarify rules for issuers. On May 19, Dubai’s…
Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap
The hacker behind the data breach targeting Coinbase users mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap.On May 21,…
Microsoft takes legal action against infostealer Lumma
Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the…
Synthetix scuttles $27M Derive deal after community concerns
Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback.A Synthetix…
Australian regulator asks High Court to allow appeal in Block Earner case
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the…
Sam Altman’s World raises $135M from Andreessen, Bain, to expand network
World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the…
VanEck to launch Avalanche ecosystem fund
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said…
US lawmaker reintroduces bill amid pushback on Trump’s crypto ties
A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of…
Bank lobby is ‘panicking’ about yield-bearing stablecoins — NYU professor
America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to…