Author: admin | Crypto500 News

The state of Utah proposes investing public funds in crypto

Utah bill aims to allow state funds in crypto. The bill limits investments to high-cap or stablecoins. Security is assured through encrypted key storage. In a groundbreaking move towards embracing digital finance, Utah has introduced a bill titled “Blockchain and...

Gary Gensler Bids Farewell to SEC—New Crypto Regulation Era Begins

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SEC Chair Gary Gensler has officially stepped down, ending a tenure defined by strict cryptocurrency enforcement and calls for clearer regulations to encourage innovation. Gary Gensler’s Departure: A New Chapter for the SEC Gary Gensler, chair of the U.S. Securities...

Elon Musk’s DOGE sued after Trump’s inauguration

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Three lawsuits have been filed against the Musk-led DOGE agency According to a lawsuit, DOGE violates the Federal Advisory Committee Act (FACA) Elon Musk’s Department of Government Efficiency (DOGE) agency reportedly had three lawsuits filed against it within minutes...

Ethereum Foundation Sets Up Multisig Wallet for Defi Participation

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The Ethereum Foundation has announced the creation of a new multi-signature wallet using the Safenet platform to enhance its treasury operations and facilitate participation in the decentralized finance (defi) ecosystem. Ethereum Foundation Begins Transition to Safe...

Following Trump’s Inauguration, Polymarket Predicts 64% Chance of Bitcoin Reserve

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Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump’s inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a...