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The Bitcoin Policy Institute (BPI) released a 21-page policy framework on May 21 to position the US as a global leader in the Bitcoin (BTC) ecosystem.
BPI head of policy Zack Shapiro, the author of the framework, called it his “Bitcoin Policy Manifesto.” The document outlines a comprehensive legislative and regulatory approach that touches on Bitcoin as a financial asset, software protocol, and...
OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC.
The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal incorporates io directly into OpenAI.
Meanwhile, Ive...
US lawmakers advanced two blockchain-related legislative efforts on May 21, approving the GENIUS Act for debate and reintroducing the Blockchain Regulatory Certainty Act in the House.
Lawmakers voted 69–31 to approve a motion to proceed on the Government and Enterprise Need for Innovation in the United States Act, or GENIUS Act, allowing formal debate and amendment processes to begin.
The motion...
Ethereum co-founder Vitalik Buterin acknowledged a major breakthrough in zero-knowledge (ZK) technology this week, calling recent developments in real-time proving a “truly amazing” step forward.
Buterin’s comments came in response to a post from developer Uma Roy, who announced that her team had achieved real-time Ethereum proving, an accomplishment many in the cryptography community had...
Solana Mobile revealed it will ship its Seeker smartphone with a new token called SKR, which will serve as the “native token of the Solana Mobile economy,” according to a May 21 announcement.
The firm also confirmed that the smartphone will begin shipping on Aug. 4. Seeker is the second generation of the Saga smartphone, released in 2023, but with a distribution model that invites additional...
Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users.
According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% of its monthly active users....
DISCLAIMER: The below article is part of CryptoSlate’s initiative to align Bitcoin and crypto events with the front page of the Internet. Stories contain satirical elements and may contain fictitious names or quotes for entertainment purposes.
Virat Kohli refuses your cart at checkout. Ronaldo mans the receipt scanner. Welcome to Vishal Mega Mart, where clearing security is harder than mining a...
Texas lawmakers approved legislation to establish a state-level strategic Bitcoin (BTC) reserve on May 21 after a 101‑42 House vote, according to the House livestream.
According to Bitcoin Laws, the SB 21 bill now needs to be approved again in the Senate with the House’s added amendments. The Senate approved the previous iteration of the bill with a 25-5 vote in favor on March 5.
Following the...
Hong Kong has passed a landmark bill to regulate fiat-backed stablecoins, signaling its continued push to position itself as a global hub for digital finance.
On May 21, Hong Kong lawmaker Johnny Ng confirmed that the Legislative Council approved the bill after its third reading. The new law is expected to take effect before the end of 2025.
Licensing regime
The new framework introduces a...
Bitcoin (BTC) surged to a high of $109,476 in the first two hours of the New York trading session, to break its all-time high of $109,353 set in January.
The latest rally into price discovery comes amid strong institutional investments, favorable regulatory developments, and increased market activity in recent weeks.
Based on CryptoSlate data, Bitcoin was trading at $109,2460 as of press time, up...