Global

The Abu Dhabi Agriculture and Food Safety Authority, the leading authority on agriculture in Abu Dhabi, United Arab Emirates (UAE), issued a directive to farmers, prohibiting the practice of cryptocurrency mining on farms.

After Venmo announced an increase in transaction fees, Dan Romero, co-founder of Farcaster, proposed the idea of a stablecoin payments app for US-based freelancers, citing dissatisfaction within the community.

Ethereum (ETH) has stood out amidst a downturn in the overall crypto market, thanks to the recent approval of eight spot Ether exchange-traded funds (ETFs) by the SEC. This approval has reignited investor enthusiasm and positivity.

Around $2.7 billion worth of Bitcoin and Ether options are scheduled to expire on May 24, offering valuable insights into market sentiment within the crypto sphere.

Fantom Foundation, the organization responsible for the development of the layer-1 (L1) blockchain Fantom, introduced the debut of Sonic Foundation and Sonic Labs on Wednesday.

Hong Kong-based cryptocurrency exchange Gate.HK is shutting down due to its failure to meet the local licensing requirements set to be enforced from June 1 onwards.