Senator Tim Scott, the next U.S. Senate Banking Committee Chair, has promised action on crypto legislation during a Washington event. Speaking at the Policy Summit by Blockchain Association, Scott stresses that crypto has the “potential to democratize the financial world.”…
The highly anticipated launch of Pudgy Penguin’s token PENGU on Solana blockchain with massive airdrop failed to maintain the rally as token’s value tanked over 54% within 24 hours. The token’s value initially surged to $0.068 before falling to $0.031…
Ohio Representative Derek Merrin has introduced a bill that aims to authorize the state’s treasury to invest public funds in Bitcoin. The proposal, known as House Bill 703 or the Ohio Bitcoin Reserve Act, seeks to establish a Bitcoin fund…
Rep. French Hill, a pro-crypto candidate, was elected as the new chairman of the House Financial Services Committee on December 13, giving him considerable influence over banking and financial regulations in the United States. In a recent interview with CNBC,…
A new security report has raised concerns about the Open Telegram Network (TON), a blockchain platform known for its user-friendly approach to smart contracts. The report, conducted by Web3 security firm CertiK, highlights potential vulnerabilities in Tact, the programming language…
Societe Generale announced on Friday that it had completed a test repo transaction using a Central Bank Digital Currency (CBDC) issued by the Banque de France, conducted on the Ethereum blockchain. 🆕 Societe Generale announces the successful completion of a…