The U.S. Office of the Comptroller of the Currency (OCC) has issued a landmark clarification, officially confirming that national banks and federal savings associations under its supervision can buy and sell cryptocurrency assets on behalf of their customers. This update was detailed in an interpretive letter released on Wednesday, May 8, 2025.
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In a landmark development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has officially filed for a $50 million settlement with Ripple Labs, potentially ending one of the most significant legal battles in crypto history.
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In a major development for the blockchain space, Sui Network has officially surpassed 10 billion total transactions. This milestone, reached on May 7, 2025, represents a significant achievement for the relatively young layer-1 blockchain platform that has been gaining traction among developers and users alike.
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In a groundbreaking move, Coinbase has officially announced partnership with Riot Games to become the exclusive cryptocurrency exchange and official blockchain technology partner for League of Legends and VALORANT esports global events.
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In April 2025, Bitcoin demonstrated remarkable resilience and growth, significantly outperforming traditional assets like gold, the S&P 500, and the U.S. dollar. As cryptocurrency adoption continues to expand globally, Bitcoin’s impressive performance signals its increasing importance in diversified investment portfolios.
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In a surprising turn of events, Florida lawmakers have withdrawn bills that would have established the state’s first-ever strategic Bitcoin reserve. The proposals, which had generated significant buzz in both cryptocurrency and political circles, were pulled from consideration on May 6, 2025, marking a notable setback for crypto advocates in the Sunshine State.
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Ethereum co-founder Vitalik Buterin unveils Fusaka fork proposal featuring new consensus layer and potential RISC-V VM to enhance scalability
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Digital asset investment products witnessed robust capital inflows last week, with a total of $2 billion entering the crypto market despite persistent bearish sentiment from some investors.
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In an unprecedented move bridging traditional politics and cryptocurrency, President Donald Trump has announced an exclusive gala dinner with holders of the $TRUMP memecoin, scheduled for May 22, 2025.
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