Ethereum devs to kick off Pectra testing on Holesky
Ethereum’s Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.
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New code fuels rumors X payments launch may be imminent
The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025.

Former Goldman Sachs Exec Leaves Blockchain.Com for Ripple
Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28.Madigan, a Wall Street veteran with about 14 years of experience at major global investment bank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales…

Price Analysis 11/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
The crypto markets are going through a phase of uncertainty with several cryptocurrencies failing to show a firm trend. This is because the markets lack a catalyst that can either pull prices higher or plunge them lower. However, a developing catalyst could be the launch of the China-backed central bank digital currency (CBDC). Jack Lee, a…

New Zealand has no imminent plans to issue CBDC, says central bank exec
Important questions about CBDCs remain unanswered for the Kiwi's central bank. 831 Total views 9 Total shares Financial authorities in New Zealand are in no hurry to issue a central bank digital currency, or CBDC, according to a central bank executive.Christian Hawkesby, assistant governor at the Reserve Bank of New Zealand, claimed that the country…

AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin.

Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million
Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be exactly that. Zhang…

Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?
The results of a 300 megawatt (MW) energy allocation for cryptocurrency miners, run by Canadian provincial utility provider Hydro-Québec, has failed to attract expected demand from the local industry.A Request for Proposals (RFP) for power allocation was opened in June last year, supposedly based on huge demand of around 16,000MW from miners around the world…

US State Dept offers $5M reward for OneCoin ’Cryptoqueen’
Bulgaria’s Acting Prosecutor General said Ruja Ignatova would be charged in absentia, while the FBI listed a $5 million reward for the OneCoin founder.