The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue to address its adoption by bad actors.

According to the findings of a Coingecko study, low-float cryptos currently acco

Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for it

Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s anti-money laundering regulations.

Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller stressed: “Now, you’ve got blockchain, you’ve got AI, you’ve got the whole thing. All government needed to do was get out of their way and let them innovate.”

Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions to hold customers’ digital assets. Critics, including House Financial Services Committee Chair Patrick McHenry, argue that SAB 121 exemplifies excessive regulation under SEC Chair Gary Gensler.

Emart24, South Korea’s fastest-growing convenience store chain, has partn

Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience.

The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a supermarket that was used as a facade for conducting illegal cryptocurrency mining operations, with dozens of graphics cards confiscated.

PRESS RELEASE. </strong>The XR Foundation in partnership with<a href=\\\"https://saltwatergames.com/\\\"> Saltwater Games</a> is proud to announce the launch of its gaming-dedicated blockchain, <a href=\\\"https://saltwatergames.com/xr-token/\\\">XR One</a>. After receiving grant funding from the Arbitrum Foundation, the Saltwater.Labs team has co-developed the Layer 3 Orbit chain leveraging Arbitrum’s ecosystem of technologies. XR One will be powered by its native $XR token and the roadmap laid out by Saltwater Games is set to integrate multiple live-ops web3 titles in 2024 and 2025.</p> <p>XR One represents a quantum leap forward in gaming. By harnessing the power of emerging scaleable web3 technologies, blockchain is coming of age and able to support deep customisation and rapid development for the most immersive, cutting-edge, community-led gaming experiences. Built on Offchain Labs&#8217; state-of-the-art Arbitrum Nitro technology, XR One promises unparalleled performance and security benefits of Ethereum, setting a new standard for interactive, continuous development and entertainment.</p> <p>At the heart of XR One lies a commitment to innovation, impact and inclusivity, empowering players to shape the future of gaming through their engagement and contributions. Currently focused on games in development by Saltwater Games, XR One Chain will offer an extensive gaming network where players can immerse themselves in a broad range of competitive gaming and earn rewards while influencing game development and publishing roadmaps.</p> <p>&#8220;XR One is not just another blockchain; it&#8217;s a chain dedicated to the progression and evolution of competitive gaming,&#8221; says <strong>Chris Abbott, Chief Strategy Officer of Saltwater Games.</strong> &#8220;By integrating web3 technologies and leveraging the best in class technology of Arbitrum, XR One provides us the flexibility to deliver a gaming ecosystem that is truly immersive, interactive, and most importantly, player-centric.&#8221;</p> <p>$XR is the native token of the XR ecosystem facilitating marketplace transactions, access to gameplay-enhancing features such as AI and UGC, and governance, along with serving as the native gas token which will support the ongoing decentralisation of the network. Gamers are incentivised with $XR rewards for participating in continuous feedback loops, contributing to governance decisions and engaging with XR One games, improving gaming experiences for everyone. Content creators are encouraged to join XR One, with access to SDKs and tools for building new game content, earning rewards as gamers engage with their creations. Governance using $XR will expand over time, from simple community-led decisions around game development and new titles to complex grant allocation decisions related to the Play2Impact treasury as the DAO underlying the foundation evolves. As XR One onboards more games, the vision for the extended reality ecosystem is to include real-world partnerships to enhance the value of $XR, offering benefits such as discounted event tickets and early access to products.</p> <p>&#8220;XR One represents a step toward what we see as the future of gaming, where players have a real stake in the games they love,&#8221; says <strong>Saltwater Games&#8217; CEO, Len Findlay.</strong> &#8220;We&#8217;re excited to partner with The XR Foundation to create unforgettable gaming experiences that push the boundaries of what&#8217;s possible.&#8221;</p> <p>Join XR One Chain and Saltwater Games in exploring the future of gaming and be part of a community that&#8217;s redefining interactive entertainment. Visit <a href=\\\"https://saltwatergames.com/\\\"><strong>Saltwater Games</strong> </a>to learn more about <a href=\\\"https://saltwatergames.com/xr-token/\\\">XR One</a> and participate in The XR Foundation’s vision for the games industry.</p> <p><strong>About Saltwater Games:

Grayscale Investments maintained stable revenue in the first quarter despite sub

Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network.

The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday&#x2019;s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale&#x2019;s Bitcoin Trust (GBTC) eclipsed these gains.

A new meme coin, Dogeverse (DOGEVERSE), has crypto traders buzzing in May. Havin

Zambia&#8217;s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months.