Detroit residents will be able to pay taxes with crypto from mid-2025

As a new COVID-19 stimulus bill is debated in the United States Senate and Bitcoin (BTC) begins to bounce back from its volatility lows, the demand for stablecoins continues to grow. Powered both by the stability that they provide to tokenholders and the demand created by decentralized finance lending and yield farming, stablecoins — Tether…

United States-based asset management firm Fidelity Investments released the results of a survey showing that 22% of institutional investors already own digital assets, in a press release published on May 2.The release claims that the firm surveyed 411 U.S. institutional investors among which 40% of respondents said that they are open to future investments in…

Polygon Labs introduces pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development.

Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.

Fidelity Investments has launched a Bitcoin exchange-traded fund that will allow investors to buy and sell real Bitcoins rather than derivatives. 512 Total views 26 Total shares It's been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not…

A cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times.Hackers downloaded the software, infected it with malware, and subsequently reposted it on the RubyGems platform, industry news outlet Decrypt reported on Aug. 21. The malicious code was first noticed by a GitHub user, who posted about…

On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued — which many industry experts appraised as a meaningful educational experience for the lawmakers — touched upon a range…

Twitter accounts impersonating Curve Finance have also started to promote a fake refund scheme further targeting victims of the hack. 114 Total views 9 Total shares A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve…

United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive order, or EO, was released, however, it was met with a chorus of approval.“I…