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RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.
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FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.
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Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.
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Trump and Biden Tied on Polymarket, Diverging From Polls

Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the...
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Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI veri is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
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Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say

This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
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Celo Community Ratifies Plan to Use Optimism’s OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
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Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats

Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.
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Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling,” aimed at addressing challenges with trust in decentralized AI...
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Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’

EIP-3074 has drawn both support and concern from the Ethereum community, a code change that is supposed to improve the user experience with wallets on the blockchain.
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