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A US district judge has issued a default judgment ordering Ooki DAO to permanently shut down and pay a $643,542 civil penalty. The Commodity Futures Trading Commission (CFTC) originally filed a lawsuit against Ooki DAO in September 2022

A pair of scientists from the School of Computing at the University of Kent in the UK recently conducted a study comparing the energy consumption rates of current ASIC-based miners with proposed quantum-based solutions.

Cryptocurrency and stock trading app Robinhood has announced it will end support for Cardano, Polygon and Solana all tokens flagged by the US Securities and Exchange Commission (SEC)

Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to well-known figures in the crypto space to promote phishing scams.

The US Securities and Exchange Commission (SEC) is seeking “alternative services” from the US District Court in Washington, DC, to issue a legal subpoena to the CEO of cryptocurrency exchange Binance, Changpeng Zhao.

The custodian bank took a step forward in its legal battle with the Fed as a federal judge in Wyoming rejected motions to fire both the central bank and the Kansas City Fed.

The us house of reprerentatives Financial Services CommittehaS Released the Third DRAFT of the Stablecoin Bill Presented by ITS Chairman, RepreSentative Patric. K McHenry.

Decentralized wireless (DeWi) network operator World Mobile said on June 8 that it has completed field tests of its DeWi technology in Kenya, Mozambique and Nigeria, bringing it closer to a full rollout on the continent.

Decentralized finance (DeFi) lending platform Defactor Labs said on June 6 that it tokenized $100 million worth of alpha bonds using the ERC-3643 token standard.

According to a June 6 announcement, Web3 wallet MetaMask will be integrated with Fireblocks' multi-party computation (MPC) platform, allowing Fireblocks users to access the wallet's portfolio dashboard. The integration will be part of the MetaMask Institutional offering for institution al investors. It will go live on June 12.

oo much focus on tokenizing assets rather than encoding social trust relationships is a major complaint about the current state of Web3, and Ethereum co-founders Vitalik Buterin and E. Glen Weyl found a clear voice in a paper published in mid-2022 and Puja Oh lhaver .

On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer goods retailer GameStop to launch a series of 20,000 non-fungible tokens (NFTs) starting June 12.

According to a recent report by non-fungible token (NFT) money market protocol Paraspace and multi-chain wallet BitKeep, NFT lending or NFTFi loans now exceed $430 million, involving 43,521 borrowers.

GameStop has fired its CEO, Matt Furlong, the executive responsible for pushing the company's move into non-fungible tokens (NFTs).

A US judge recently dismissed a lawsuit against decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the right place to express concerns about DeFi startups.

Non-fungible token (NFT) platform Enjin has announced its transition to a new mainnet called the Enjin Blockchain, aimed at furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity forked to the new blockchain.

On June 8, Web3-native game publisher HyperPlay said it closed a Series A funding round after raising $12 million from investors, including co-leads Griffin Gaming Partners and Bitkraft Ventures.

Subsocial network-based chat app Grill.chat has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send cryptocurrencies to each other via Polygon, according to a June 7 announcement.

According to the Company, a hack has long $ 35 Million from Atomic Wallet Users Since June 2, AFFECTING LESS THAN 1% of ITS MONTHLYLY Meers.

Global financial services firm JPMorgan continues to explore the benefits of blockchain, deploying the technology to remove some of the constraints of traditional finance.