JUST IN: 🇺🇸 Coinbase COIN to join S&P 500.
OKX-XRP is currently priced at $2.50, with a 4.6% increase over 24 hours. 24-hour transaction volume of 14.5 billion US dollars, an increase of 197.81%, for reference only
Foresight News: Self hosted service provider Safeheron will launch a hardware level key management solution TEE KMS Node, which uses self-developed and open-source TEE technology to provide a secure execution environment with high security, low latency, and flexible scalability. It supports multi chain signature algorithms, multi-party key management, and seamless migration, meeting the needs of trading robots and exchange API key scenarios, and helping enterprises achieve innovation in digital asset security management. Safeheron recently opened sourced the world's first native development framework for Intel SGX TEE based on C++.
According to Cointelegraph, British High Court judge Edward Mellor has issued a comprehensive injunction against computer scientist Craig Wright, who claims to be "Satoshi Nakamoto," prohibiting him from continuing to file defamation lawsuits. In the judgment on May 12th, Judge Mellor pointed out that Wright's repeated false statements and radical lawsuits have brought legal "difficulties" to individuals and developers in the Bitcoin community, and he has also attempted to "weaponize the legal system" to intimidate critics. Their lawsuits are often based on forged evidence, forcing others to spend a lot of time and money on legal defense. Previously, in 2021, the Crypto Open Patent Alliance (COPA) sued Wright for long-term false claims of being the inventor of Bitcoin. Last March, a British court ruled that he had nothing to do with the creation of Bitcoin, and in December he was given a one-year probation for contempt of court. The ban marks the end of nearly a decade of legal drama, and Wright has also filed defamation lawsuits against Ethereum co-founder Vitalik Buterin and others.
According to Decrypt, Arizona Governor Katie Hobbs vetoed two cryptocurrency related bills on Monday, including the SB 1024 bill to establish a digital asset strategic reserve fund and the SB 1373 bill to allow government agencies to accept encrypted payments. Hobbs stated in the rejection letter that the volatility of the cryptocurrency market is too high and not suitable as an option for public fund allocation. Previously, she had vetoed the SB 1025 bill that allowed state finances to allocate 10% of their funds to Bitcoin, making the state the 10th in the United States to veto a similar proposal. Hobbs also signed the HB 2387 bill, which aims to strictly regulate encrypted ATMs, requiring operators to provide multilingual fraud warnings, transaction hash receipts, and implement daily transaction limits ($2000/day for new users and $10500/day for existing users). However, Hobbs just signed Act 2749 last week, allowing the government to keep unclaimed digital assets in their original form, demonstrating its cautious and open attitude towards cryptocurrency regulation.
According to Bitcoin.com, Samson Mow, CEO of Bitcoin technology company JAN3, recently proposed in a podcast to fork the Bitcoin Core code to resolve the community division caused by the current OP-RETURN policy controversy. Mow proposes a solution to the current issue of mismatched incentive measures for developers, suggesting creating a fork based on the current version and maintaining the new software through an anonymous developer funding model. Mow believes that this is the best course of action, as driving change under the current structure is very difficult. He emphasized the need to establish a more comprehensive governance charter for the new fork to prevent developers from participating in the project due to personal reputation. The core development team of Bitcoin plans to lift the OP-RETURN field restriction in the near future, allowing more non monetary data to be uploaded to the blockchain, resulting in a surge in the usage of node software Bitcoin Knots (currently accounting for 8.6% of public nodes). Mow had previously called for a boycott of core developers who engage in "malicious behavior," banning them from attending industry conferences and cutting off funding support. The analysis points out that this technological roadmap dispute reflects a fundamental disagreement within the Bitcoin community regarding the positioning of blockchain functionality.