Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield. The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise sit idle, the company told Cointelegraph in an exclusive…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A co‑founder of Blum, a crypto project built into Telegram Mini Apps, was arrested this week in Moscow on fraud charges. Vladimir Smerkis, who once ran Binance’s operations in Russia, now faces an investigation under Article 159 of the Russian Criminal Code. His detention…

The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who alleged that Hoskinson manipulated the Cardano ledger using a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The 24-hour trading volume for meme coins has surged by an astonishing ~60%, causing top tokens in this arena to explode. $PEPE’s daily trading volume has jumped by ~113%, while $WIF and $BONK witnessed significant spikes of ~56% and ~42%, respectively. As…

A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset.  On May 19, the Australian Financial Review (AFR) reported that the decision arose within a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a statement on Telegram, its CEO, Pavel Durov, alleged that a certain Western European government approached the platform asking it ‘to silence conservative voices in Romania ahead of yesterday’s presidential elections.’ He added that Telegram refused this request and emphasized that…

Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license. According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President Emmanuel Macron in Paris. The London-based neobank also…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s smallest named unit, the satoshi, is suddenly on the defensive after Block Inc. chief executive Jack Dorsey publicly endorsed scrapping it in favour of calling every indivisible integer of the network simply “bitcoin.” On Sunday the former Twitter CEO reposted a…