House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
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Tether swaps more than 2 billion USDT to the Ethereum network
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.

Monero ‘falling wedge’ breakout positions XMR price for 75% rally
Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months.Falling wedge breakout underwayNotably, XMR's price broke out of its "falling wedge" structure in late March. It…

Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST. 734 Total views 8 Total shares Blaming market conditions and lack of liquidity, Singapore-based crypto lending platform Hodlnaut has become the latest firm to…

Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. 1697 Total views 43 Total shares CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase.The investment comes shortly after the exchange’s…

Palau partners with Ripple on climate friendly national digital currency
The partnership will help Palau be climate-friendly while enhancing its cross-border payments and digital currency technologies. 1977 Total views 4 Total shares Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency.The initial focus of the partnership will see the development of…

Hackers hide crypto address-swapping malware in Microsoft Office add-in bundles
Malicious actors are attempting to steal crypto with malware embedded in fake Microsoft Office extensions uploaded to the software hosting site SourceForge, according to cybersecurity firm Kaspersky. One of the malicious listings, called “officepackage,” has real Microsoft Office add-ins but hides a malware called ClipBanker that replaces a copied crypto wallet address on a computer's

Germany has 9K Bitcoin left just 3 weeks after it started selling
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.

Oxfam Readies Phase Two of Dai-Based Vanuatu Disaster Relief Program
Following the first phase of the Unblocked Cash program in Vanuatu, Oxfam is readying to launch the pilot program’s second phase using the Dai stablecoin to distribute disaster relief.Speaking exclusively to Cointelegraph, Oxfam Pacific Cash and Livelihoods lead and co-founder of partner company Sempo Nick Williams discussed the challenges and successes of the program’s first…