US prosecutors have charged Amalgam founder Jeremy Jordan-Jones with wire fraud for allegedly defrauding investors out of over $1 million through false claims about partnerships and token listings.
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Category: Blockchain
GENIUS Act Wins Industry Praise From Blockchain Association As Crypto Sector Awaits Final Vote
The GENIUS Act has advanced after a 66-32 Senate cloture vote, showing bipartisan momentum for the first comprehensive US stablecoin framework. Backers say it would clarify rules and protect consumers; critics fear it could widen Donald Trump’s sway via USD1. A final vote is due after Memorial Day.
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Consensus Mechanisms Race to Fix PoW and PoS Flaws Before 2032 Security Crunch
Consensus mechanisms have diversified beyond PoW and PoS. Researchers highlight Stellar’s trust‑driven PoA, Quai Network’s PoEM and PWR Chain’s DPOP, which seek faster finality, lower fees and stronger security, though each raises fresh questions on complexity and validator influence.
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Arkham ($ARKM) Sees 50% Monthly Gain: Can the Blockchain Intel Token Hit $1.79?
Arkham has risen 6.5 % in 24 hours and 50 % this month, driven by a U.S. exchange linking its AI analytics with trading access. New wallet-tracking for major X accounts has boosted sentiment, but its $190 M valuation remains below peers, leaving upside toward the $1.79 technical target.
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Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying
The Blockchain Association has confirmed that CFTC Commissioner Summer Mersinger will leave the regulator on May 30 and assume the CEO role on June 2, replacing Kristin Smith and bringing two decades of Capitol Hill and agency experience to the crypto lobby’s final push for fit-for-purpose legislation.
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Ramp and Stripe Announce Stablecoin-Backed Corporate Cards
Ramp, a US-based corporate card and financial operations platform, announced the expansion of its partnership with financial services company Stripe to launch the “industry’s first stablecoin-backed corporate cards with fully integrated spend management software.”
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Blockchain gamification drives 230K‑user growth as DePIN market hits $18.9B
Blockchain gamification has offered a measurable path to on-chain growth as Base, Quai, peaq and Eclipse integrate point systems, NFTs and micro-rewards. Data show repeat spins, six-figure user inflows and billions of interactions, while teams refine user experience to sustain momentum.
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Tokenized RWAs Go Mainstream: Apex Partners With 21X for Regulated Blockchain Trading
Apex Group has become the first official listing sponsor for 21X, Europe’s first licensed blockchain-based trading and settlement system.
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Tether’s USDT Launches on Kaia Blockchain, Expands Stablecoin Adoption in Asia
USDT will be integrated into Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet.
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Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives
MBS Global Investments, the Maldives government signed a joint venture agreement on Sunday to build $8.8 billion crypto hub in Malé.
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