The Pi Protocol will launch later this year on the Ethereum and Solana blockchains Tether co-founder Reeve Collins is stepping back into the stablecoin market with a new decentralized project aimed at offering yield-producing digital assets. His latest venture, Pi Protocol, is set to launch later this year on the Ethereum and Solana blockchains, introducing
Changpeng Zhao claims the rumor was started by a competitor of the cryptocurrency exchange Binance co-founder Changpeng Zhao has dismissed speculation that the cryptocurrency exchange is up for sale. The former CEO addressed the rumors on social media, labeling them as misinformation spread by a competitor. He stated that as a shareholder, Binance is not
A new Texas Blockchain Council report suggests crypto mining brought 31,000 new jobs to the US The Bitcoin mining industry has become a significant contributor to job creation in the US, providing thousands of positions both directly and indirectly. A recent report by the Perryman Group, published by the Texas Blockchain Council and The Digital
The list of states showing support for cryptocurrencies continues to grow Michigan lawmakers are considering the creation of a cryptocurrency reserve, joining a growing number of states exploring digital asset investments. A new bill, introduced by Representatives Bryan Posthumus and Ron Robinson, seeks to amend the state’s Management and Budget Act to allow the state
Texas is one of a handful of states that is becoming more serious about cryptocurrency Texas lawmakers have introduced a new bill aimed at creating a state-controlled Bitcoin reserve, positioning Texas as a leader in cryptocurrency adoption. Senate Bill 21 (SB 21), filed by Senator Charles Schwertner, builds upon a previous proposal and expands the
Crypto companies are ready to take advantage of the seemingly crypto-friendly US atmosphere BitGo, a cryptocurrency custodian, is reportedly considering an initial public offering (IPO) later this year. According to a recent report, the company is in discussions with investment banks about the possibility of going public in the second half of 2025, although no
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
A judge recently denied the suspect wallet’s owner access to the landfill A landfill site in Newport, Wales, linked to a long-running search for a lost Bitcoin fortune, is set to close within the next two years. The site, which has been in operation since the early 2000s, is nearing the end of its lifespan,
Missouri is one of a handful of states that appears to see greater value in cryptocurrencies Missouri has joined a growing list of states exploring the idea of holding Bitcoin as part of its financial strategy. Representative Ben Keathley recently introduced House Bill 1217, a proposal aimed at establishing a Bitcoin Strategic Reserve Fund to
It’s unclear if the Brazilian nationals will be able to pay the fine A US federal court has imposed more than $130 million in fines and restitution against the Brazilian founders of EmpiresX, a fraudulent cryptocurrency investment platform. The Commodity Futures Trading Commission (CFTC) announced the ruling, which includes permanent bans and financial penalties for
The network experienced technical issues on February 4 that caused transactions to freeze Ripple’s XRP Ledger has successfully recovered following a network halt that disrupted validations for over an hour. The issue began on February 4, when the blockchain froze at block height 93927174 for 64 minutes. Ripple’s Chief Technology Officer, David Schwartz, explained that
The two DeFi protocols lost over $65 million in the attacks A Canadian national, Andean Medjedovic, has been charged by US prosecutors for hacking into two decentralized finance (DeFi) protocols, KyberSwap and Indexed Finance, stealing around $65 million in the process. The Justice Department unsealed an indictment on February 3, 2025, in a Brooklyn federal
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