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May, 2023

Bitcoin Cash Network Enables Developers to Create Tokens
At block height 792,772, CashTokens was officially implemented on the Bitcoin Cash network on May 15, 2023. This new upgrade allows developers to create tokens, CashTokens, with the same properties......
EU Council Approves Comprehensive Crypto Regulatory Framework
The European Union Council the financial arm of the EU approved the Markets in Crypto-Assets (MiCA) regulations on May 16, a landmark piece of legislation that will establish......
Zimbabwe Sold $39M Worth of Gold-Backed Crypto Amid IMF Warning
The Reserve Bank of Zimbabwe (RBZ) has sold $39 million worth of gold-backed crypto, around 14 billion Zimbabwean dollars, in an attempt to stabilize the countrys economy and reduce the......
Celsius Transfers $75M of Ethereum to Staking Service Figment
Celsius Network, a defunct crypto lending platform, transferred 40,928 ETH, or $70 million, to staking service Figment last week, according to data from crypto intelligence firm Arkham Intelligence. g...
The right to use digital assets to be added to Texas Bill of Rights
The state of Texas has made a historic move by voting on an amendment that includes the possession, retainment and utilization of cryptocurrencies in its state Bill of Rights, signaling......
Lawyers of Kwon, Chang-joon Request $400K+ Bail and House Arrest
The attorneys representing co-founder of Terra Do Kwon and Terra executive Han Chang-joon proposed that they be put under house arrest upon posting bail of 400,000 euros each, approximately $436,000,....
EU to Crack Down on Crypto Tax Evasion with Greater Surveillance: Impending Legislation
The European Commission is making progress toward an EU-wide agreement, called the Directive on Administrative Cooperation (DAC8), to curb tax evasion and better track crypto transactions within EU bo...
Do Kwon’s Luxury Cars, Apartments Seized as Courts Freeze $2B of His Assets
South Korean authorities have frozen around $2 billion worth of assets tied to Do Kwon, the CEO of blockchain firm Terraform Labs, as they continue their investigation into the catastrophic......
Sam Bankman-Fried Wants 10 Charges Dropped, Not Guilty on All Counts
Sam Bankman-Fried (SBF), the former CEO and founder of collapsed crypto exchange FTX and research group Alamada Research, seeks to have 10 criminal charges dropped because rather than wait for......
Crypto Whale Loses $500K+ Speculating on Pepe Memecoin
Following its Friday launch on Binance, the PEPE memecoin dropped 38% after three days, resulting in steep losses for speculators. Pepe Coin (PEPE), the memecoin launched on April 15, has......
Newswire > May, 2023

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