Crypto execs cheer as Australia appoints pro-crypto assistant minister

Australia’s crypto industry has expressed positivity after the recently reelected government named pro-crypto politician Andrew Charlton as assistant minister for the digital economy, artificial intelligence and other emerging technologies.  Prime Minister Anthony Albanese told reporters in Canberra during a May 12 press conference that Charlton would be the new assistant minister for science, technology and … Read more

Caitlyn Jenner memecoin buyers to regroup after judge tosses suit

The lawyer for a group of Caitlyn Jenner memecoin buyers said they will continue their legal fight against the ex-Olympian after a judge threw out the case for failing to adequately support the securities and fraud claims it brought. Jenner had escaped a class-action lawsuit from buyers of her self-titled memecoin, Caitlyn Jenner (JENNER) after … Read more

Craig Wright sent enemies to legal ‘hell,’ says judge in restraining order

A British High Court has issued a restraining order against computer scientist Craig Wright, preventing him from filing further defamation suits.  In a May 12 judgment, High Court Judge Edward Mellor said Wright’s repeated false claims and aggressive legal actions created legal “hell” for individuals and developers in the Bitcoin (BTC) community, adding that Wright … Read more

UAE’s Mbank Launches AED Crypto Conversion

Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account. Secure and Regulated Dirham to Crypto Conversions The United Arab Emirates (UAE) integrated digital bank, Al Maryah Community Bank (Mbank), together with crypto custodian Changer.ae, has announced the launch of … Read more

Trump-owned Truth Social denies it is launching a memecoin

Truth Social, the social media network owned by Trump Media, has denied it is launching a memecoin following circulating rumors on social media. “Contrary to rumors, Truth Social is not launching a memecoin,” the official Truth Social account posted on its platform. The social media platform is owned by the Trump Media & Technology Group, … Read more

JAN3 CEO Samson Mow: ‘Maybe It’s Time for Another Fork of Bitcoin’

Samson Mow, CEO of JAN3, stated that, given the upcoming changes to Bitcoin Core and its OP_RETURN policy, it is time to fork the software to “fix misaligned incentives and fund devs with a better structure.” JAN3 CEO Samson Mow Talks Forking Bitcoin Core, Launching ‘Good’ Alternative The recent drama surrounding the upcoming changes to … Read more

Dubai taps Crypto.com to enable crypto payments for govt services

The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services.  The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment … Read more

Hodl my beer: Businesses are the biggest Bitcoin buyers this year

Corporations and businesses are the largest net buyers of Bitcoin so far this year, outpacing exchange-traded funds and retail investors, according to new research.  Firms such as Michael Saylor’s Strategy have bought more Bitcoin (BTC) this year than any other category of investor, with overall corporate holdings growth totalling 157,000 BTC, worth around $16 billion … Read more

Uniswap Reaches $3 Trillion in Trading Volume, Creator Looks Ahead to $10 Trillion

Hayden Adams, the creator of the decentralized finance platform Uniswap, announced on social media that Uniswap has become the first decentralized exchange (DEX) to reach $3 trillion in trading volume. In his post, Adams expressed confidence that Uniswap will also be the first DEX to achieve $10 trillion in volume. He expressed gratitude to the … Read more