ArkotNews

Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.

The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

The exploiter will retain 20% of the stolen funds as a bug bounty.

The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

The firm said it continues to invest in and expand its asset-management business.

The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the European Union's upcoming MiCA crypto regulation.

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