ApeCoin DAO board member Yat Siu said that there is currently “no discussion” regarding an exclusive chain for APE. ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for APE. One of the world’s largest...Continue Reading

The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH Killers” to enter the ring. Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of...Continue Reading

Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority. The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has released an outage report, along with three key mitigation steps to make the network more stable....Continue Reading

The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff. The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets.  As per the announcement,...Continue Reading

The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries. The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry. Released on April 27, the new decree instructs a reorganization of...Continue Reading

VanEck Community NFT co-founder Matt Bartlett said that the tokens could serve as a type of digital membership card. VanEck, an investment firm with over $82 billion in assets under management, revealed its entrance into the metaverse by releasing a collection of 1,000 nonfungible tokens (NFTs) on Monday. The VanEck Community NFT, which is based...Continue Reading

Bitcoin bears could get their wish, but may have to endure the pain of a new all-time high first. Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows. That was the opinion of popular trader Credible Crypto, who, on May 2, shared an updated view of how BTC price...Continue Reading

The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors. Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of...Continue Reading

Argentina’s largest bank has embraced crypto and will allow its customers to begin purchasing four crypto assets including Bitcoin through their accounts at the bank. Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases. Bloomberg reported on May 2 that a resounding 60%...Continue Reading

The proof-of-stake blockchain will assist FIFA in developing a “digital assets’ strategy” along with providing an official “wallet solution”. Blockchain network Algorand (ALGO) has partnered with FIFA inking a sponsorship and technical partner deal as the network becomes the soccer association’s first official blockchain platform. The deal announced on Monday, May 2 will also see...Continue Reading