Kristin Johnson of the US Commodity Futures Trading Commission (CFTC) has announced that she plans to depart the agency before 2026. In a May 21 notice, Johnson said she planned to step down from the CFTC “later this year,” having completed her term, which ended in April. The commissioner filling a Democratic seat at the financial regulator had served since March 2022 after being nominated by former President Joe Biden. In her farewell message, Johnson cited her work as a sponsor of the Market Risk Advisory Committee, which dealt with “nascent issues that arise with the introduction of decentralized financial products such as digital assets or cryptocurrency and other emerging markets source: https://cointelegraph.com/news/cftc-commissioner-kristin-johnson-resignation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The post Texas Becomes 3rd U. S. On-chain data shows a supply shock has catalyzed Bitcoin’s bullish sentiment source: https://coinpedia.org/news/texas-becomes-3rd-u-s-states-to-pass-a-strategic-bitcoin-reserve-bill-out-of-the-house-and-senate/

As of today, the number of shrimp addresses has dropped to just 260,000, a sharp decline from the 590,000 recorded […] The post Retail Investors Missing in Action as Shrimp BTC Addresses Hit 3-Year Low appeared first on Coindoo. source: https://coindoo.com/retail-investors-missing-in-action-as-shrimp-btc-addresses-hit-3-year-low/

Hailey Welch has confirmed she was questioned by SEC and FBI agents after the HAWK meme-coin soared to a $400 m valuation then collapsed. Cleared of wrongdoing, the influencer has said she read pre-written promos, had no wallet control and now regrets steering followers into the failed token. source: https://cryptonews.com/news/hailey-welch-hawk-tuah-coin-crash/

Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date. According to the announcement, Solana Mobile will ship the device starting Aug. 4 source: https://cointelegraph.com/news/solana-mobile-reveals-trustless-architecture-native-token-for-seeker-device?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

تداول عقود XRP الآجلة في مجموعة CME ارتفع إلى حجم اسمي مشترك قدره ٢٥,٦ مليون دولار في أول يومين من إطلاقها. يمثل ذلك بداية قوية لدخول العملة البديلة إلى الأسواق المشتقات المنظمة. وفي الوقت نفسه، يستمر تداول XRP بأقل من ٢,٥٠ دولار، حيث انخفض بنسبة ٧٪ في الأسبوع الماضي. عقود XRP الآجلة تحقق دخولًا قويًا في CME بدأت CME تداول عقود XRP الآجلة في ١٩ مايو، مقدمة عقود قياسية (٥٠,٠٠٠ XRP) وعقود صغيرة (٢,٥٠٠ XRP) source: https://ar.beincrypto.com/us-xrp-futures-hit-25-million-on-cme/

NetVRk has launched a new web application for SilkAI, offering browser-based access to interactive non-player characters (NPCs) designed for use across metaverse platforms and robotics applications. source: https://www.benzinga.com/markets/cryptocurrency/25/05/45554539/silkai-web-app-launch-opens-browser-based-access-to-ai-powered-npcs?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

EU seeks to negotiate crypto-regulations with the US, aiming for economic alignment and improved trade relations. source: https://coincu.com/338974-eu-us-crypto-trade-negotiations

According to Cointelegraph, World, the digital identification project led by OpenAI CEO Sam Altman, has successfully raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto. The funding aims to enhance the network of iris-scanning orbs and infrastructure within the United States and expand its global reach. The company announced in April its intention to operate in six U.S. cities, with plans to increase coverage worldwide. World has issued over 12.5 million World IDs across more than 160 jurisdictions, establishing "proof of personhood" through biometric data collection. However, the project faces significant regulatory challenges and bans in several countries. Critics argue that offering financial incentives for biometric data collection compromises informed consent, raising ethical concerns about centralized digital ID systems and data privacy. In January, Brazil's National Data Protection Authority (ANPD) ordered World to cease operations in the country, citing concerns over incentivizing biometric data collection through cryptocurrency payments. The ANPD upheld the ban in March, emphasizing the company's business model of exchanging cryptocurrency payments for biometric data. World risks daily fines of 50,000 Brazilian reais ($8,851) if it continues operations in Brazil. Similarly, Indonesia's Ministry of Communications and Digital (Komdigi) suspended World's business license on May 4, accusing some subsidiaries of failing to register as digital asset service providers under the Electronic System Operator Certificate Registration (TDPSE) framework. Komdigi has initiated an investigation and plans to meet with subsidiary representatives to address the issue. These bans follow a December 2024 directive from the Bavarian State Office for Data Protection Supervision (BayLDA), a German regulator, which demanded World comply with European Union data protection standards. The directive requires World to offer individuals the option to easily delete their biometric data from the network, highlighting ongoing scrutiny of the project.

Authorities in Russia may offer crypto miners to move north in an effort to reduce electricity consumption in other parts of the country. The goal is to utilize excess power and currently idle infrastructure where available. The idea is being pitched against the backdrop of a ban on coin mining in a number of energy-deficient […] source: https://www.cryptopolitan.com/russia-to-move-crypto-miners-to-the-barren-north-let-them-mint-at-old-oil-fields/

Scroll's SCR token launch, like the recent Hamster Kombat airdrop, has left some recipients dissatisfied, with criticism over fairness and transparency in the allocation. SCR's price has since dropped over 20%.