SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.
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Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Own this piece of history Collect this article as an NFTBlockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as…

Perpetual Protocol crosses $500K open interest cap amid BTC all-time high
Newly launched DeFi derivatives platform Perpetual Protocol crosses open interest milestone in barely 24 hours. 398 Total views 5 Total shares Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch…

India must revolutionize its digital media industry with blockchain
India has more than 65% of ut population below the age of 35, with the average age nationwide being 29 years old. Additionally, out of India’s 1.3 billion people, only half currently use mobile phones, and less than half of this number are smartphones.Even though India is one of the world’s most populated countries, internet usage…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Coin Metrics co-founder takes aim at WSJ’s Tether FUD
Reputable data analyst fires back at "wild theories" about Tether reported by the Wall Street Journal. 1628 Total views 6 Total shares The co-founder of crypto data and insights firm Coin Metrics has fired back at yet another article in mainstream media claiming that the “Bitcoin bubble” has been driven by Tether.Nic Carter, a former…

Libra Association Appoints Former FinCEN Head as General Counsel
On May 19, the Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators.Werner brings vast experience from both the public and private sectors, including serving as the director for the Finance Crimes Enforcement…

Craig Wright’s WikiLeaks Claims Contradicted by His Own 2011 Posts
In his latest blog post, Craig Wright claimed that he (as Satoshi Nakamoto) never wanted WikiLeaks to use Bitcoin. On March 31st he wrote:“I’m not the anarchist they want, nor have I ever been anything like one. You see, I didn’t want WikiLeaks to use Bitcoin because I didn’t like what they stood for.”However, publicly…

Ethereum dominance may dwindle as competitors emerge: Morgan Stanley
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads. 424 Total views 8 Total shares Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market…