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Interest groups, lawmakers to protest Trump’s memecoin dinner

Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trump’s memecoin dinner on May 22. The event’s…
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Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report

Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners is Pendle, a…
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Validation Cloud deploys Web3 AI engine on Hedera

Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI…
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Riot Platforms Upsizes Credit Facility to $200M with Coinbase

Riot Platforms tapped on its Bitcoin holdings to secure and upsize the credit facility.Bitcoin mining in the United States has helped secure the network amid mainstream adoption by institutional investors.Riot Platforms, Inc. (NASDAQ:…
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SEC Commissioner Hester Peirce Says Most Crypto Assets Are Not Securities

Peirce made the comments in Washington D.C. on Monday during the U.S. Securities and Exchange Commission (SEC) event dubbed “SEC Speaks.” Peirce Pushes Back: SEC’s Approach ‘Must Be Corrected’ SEC Commissioner Hester Peirce, affectionately…
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Franklin taps blockchain to offer yield on idle payroll funds

Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield.The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to…
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Crypto.com, Canary launch CRO fund in US

Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement.The Canary CRO Trust will hold the…
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Pavel Durov rejects EU pressure to censor Romanian election content

Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections in Romania.According to Durov, a Western European…
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XRP Price at Risk of Crashing 50%, Here’s Why

It’s an exciting weekend for crypto fans, and especially for those watching XRP closely. There’s been an update about Ripple’s case with the SEC, and while it’s not terrible news, it’s not great either.According to an analyst, right now,…
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Why Buying Bitcoin Is Trending Among TradFi Firms Now

Traditional finance (TradFi) companies and institutions are accelerating the mainstream adoption of cryptocurrencies, with significant investments in Bitcoin (BTC).  Following Michael Saylor’s lead, firms across Brazil, the…
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