Iris Coleman May 13, 2025 17:40 The U.S. regulatory landscape for cryptocurrency sees developments in stablecoin legislation, digital asset market structure, and banking clarity, according to a16z crypto. The U.S. cryptocurrency regulatory framework is witnessing significant developments as lawmakers and regulatory bodies engage in substantial discussions and actions. According to a16z crypto, efforts to establish … Read more
World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices. World “is the opposite of privacy. It’s a trap,” said Nick Almond, CEO of FactoryDAO, on X. While the project claims to protect … Read more
Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook. The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% … Read more
Once a go-to swapper for hackers and drainers, eXch was shut down by German police in April — but continued activity suggests the story isn’t over. Without Know Your Customer (KYC) checks, eXch wasn’t your typical crypto exchange. It acted more like an instant swapper, allowing bad actors and cybercriminals to fly under the radar … Read more
EUR/GBP rises above 0.8415 in Wednesday’s early session. German HICP inflation came in at 2.2% in April. ECB’s Schnabel said the central bank should keep a steady hand and hold rates close to current levels. The EUR/GBP cross trades in positive territory near 0.8415, snapping the seven-day losing streak during the early European trading hours … Read more
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Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse. Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a May 13 text filing in a California District … Read more
Yakovenko stated that this meta-blockchain could improve the state of data availability in the digital space, opening the possibility of posting data wherever and whenever it is cheaper in any of the available chains part of this structure. Solana Co-Founder Calls for the Creation of a Meta-Blockchain With Data Availability in Mind Blockchain as a … Read more
Expectant parents may be disappointed that a $5,000 baby bonus—which President Trump himself said “sounds like a good idea”—hasn’t found a place in the massive tax and budget package now winding its way through Congress. The current draft of the “One Big, Beautiful Bill” would create tax-advantaged savings accounts that can be opened for newborns, … Read more
Bitcoin-buying medical device firm Semler Scientific has seen its share price drop after the bell as its first-quarter revenues fell and losses deepened from the year-ago quarter. In its Q1 earnings report released May 13, Semler reported its total revenues fell 44% from the year-ago quarter to $8.8 million, with its net losses hitting $64.7 … Read more