Polygon’s ZK-rollup Ethereum scaler Miden hits testnet
The Ethereum layer-2 scaling solutions provider is going up against StartWare’s tech stack Starknet.
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‘Two cops on the beat’: Regulator wants sole authority to charter fintech firms
The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms. 4060 Total views 15 Total shares Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned against the Consumer Financial Protection Bureau receiving…

Crypto hackers buy Ethereum dip using stolen funds
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.

Wyoming’s Congressional Blockchain Committee Holds First Meeting
After graduating from task force to select committee this week, the blockchain crew within Wyoming’s state legislature held their first meeting today. 1224 Total views 36 Total shares On May 22, Wyoming’s Select Committee on Blockchain, Financial Technology and Digital Innovation technology convened in full for the first time, albeit virtually.Initially announced on May 17,…

Binance Australia partners with Koinly for tax reports as ATO ramps up compliance
The taxman commeth for Australian crypto investors and Binance wants to help them out. 383 Total views 7 Total shares The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities.Binance has partnered with cryptocurrency tax startup Koinly to assist…

Blockchain-based solutions aim to address US disaster relief
Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems. The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010–2019 than…

One-fifth of global Bitcoin hash rate is now controlled by listed companies
The total share of the Bitcoin hash rate owned by publicly traded companies has surged over the past year as a growing number of Bitcoin miners go public. 691 Total views 36 Total shares A recent report has shown that nearly one-fifth of the total share of Bitcoin’s hash rate now belongs to publicly-listed mining…

Elon Musk’s X could face $200M EU fines over alleged DSA violations
At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.

Museums in the metaverse: How Web3 technology can help historical sites
Metaverse events at ancient and historical sites could soon shape up to be an alternate future for tourism.Owners of physical castles and villas who have drafted up augmented reality blueprints of their properties think their ambitious plans to attract visitors in the metaverse will work, as virtual events can help them pay the hefty maintenance…