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US House Committee releases new stablecoin bill draft

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The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, it could become the first form of crypto legislation in the U.S.

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Coin Market

Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition

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In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities.

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Coin Market

OpenAI’s press account hack was 5th security breach in 20 months

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The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting the firm’s executives in the past.

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Flappy Bird will ‘never have’ NFTs but will have a crypto ‘option’

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The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.”

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