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A former energy minister has said he will resign the Conservative whip and stand down as an MP over new legislation “that promotes the production of new oil and gas”.

Chris Skidmore has said he will quit “as soon as possible” over the Offshore Petroleum Licensing Bill.

The move will trigger a by-election in his Kingswood constituency in Gloucestershire

“The bill would in effect allow more frequent new oil and gas licences and the increased production of new fossil fuels in the North Sea,” he said.

“I can no longer stand by. The climate crisis that we face is too important to politicise or to ignore.”

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Crypto op-eds: How opinions can shape Web3 thought and policy

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Crypto op-eds: How opinions can shape Web3 thought and policy

Crypto op-eds: How opinions can shape Web3 thought and policy

In the latest episode of Decentralize with Cointelegraph, experts break down how crypto op-eds are influencing public perception, policy and the future of Web3 storytelling.

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Sui community passes vote to repay $162M to Cetus exploit victims

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Sui community passes vote to repay 2M to Cetus exploit victims

Sui community passes vote to repay 2M to Cetus exploit victims

Sui validators voted to return $162 million in frozen assets from the Cetus exploit, enabling a full recovery and restart plan for impacted users.

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Thailand to block Bybit, OKX and other crypto exchanges on June 28

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Thailand to block Bybit, OKX and other crypto exchanges on June 28

Thailand to block Bybit, OKX and other crypto exchanges on June 28

Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.

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