Amid Ledger's controversial decision to allow "recovery" of private keys from its devices, cold storage rival GridPlus announced it would move to "open source" the firmware of its crypto wallet.
Fabio Panetta, a member of the European Central Bank's (ECB) executive board, expressed satisfaction with the European Commission's legislative proposals
Cryptocurrency exchange Coinbase is stopping new loans through its lending service, which allows certain US customers to use cryptocurrencies as collateral for cash loans.
Early-stage venture capital firm Dispersion Capital recently exited stealth, launching a $40 million fund for startups working on infrastructure for Web3 projects.
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy protection in the United States.
Shares of Coinbase Global Inc. fell the most in six months after rival Kraken was forced to stop offering investment services that the largest U.S. cryptocurrency exchange also offers.
On May 22, Nanjing, the capital of East China's Jiangsu Province, unveiled the China Metaverse Technology and Application Innovation Platform, which promotes research and development of Metaverse across the country.
On May 24, Singapore-based venture capital (VC) firm Foresight Ventures announced that it will pledge an additional US$10 million to its Foresight X Accelerator, bringing its total to US$20 million.
