Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities.
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Blockchain enthusiast allegedly losses $500k by sending WETH to contract address
While the contract does wrap ETH sent to the address into WETH, the opposite is not true. 1124 Total views 29 Total shares In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into…
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Biden expected to issue executive order on crypto and CBDCs next week: Report
Both President Barack Obama and the previous administration issued executive orders related to digital assets. 832 Total views 4 Total shares The White House will reportedly be issuing an executive order as early as next week directing government agencies to study different aspects of the digital asset space with the goal of creating a comprehensive…
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Enterprise Ethereum Alliance Releases New Specifications
The Enterprise Ethereum Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph.At DevCon4 today in Prague, the EEA announced the release of its Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5.…
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Former Bakkt CEO and Current US Senator Loeffler Sees 20% Approval Among Voters
Senator Kelly Loeffler, formerly CEO of Bakkt and currently a member of the task force to reopen the U.S., sees plummeting approval ratings. 350 Total views 19 Total shares Per a new poll of Georgia republicans released on April 29, Senator Loeffler (R-GA) seems to have a rough road ahead of her en route to…
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Can Bitcoin price break out after Bank of England interest rate cut?
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020.
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Legal Framework for Tokenization Submitted to Russia’s Crypto Bill
A successful tokenization trial could lead to big changes in Russia’s proposed cryptocurrency legislation.The Central Bank of Russia (CBR) announced on Feb. 17 the completion of a blockchain tokenization pilot using a platform developed by Nornickel within its regulatory sandbox. The bank subsequently proposed to amend Russia’s digital assets law to accommodate tokenization platforms.The platform is…
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Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security. A new Ethereum improvement proposal (EIP) has been met with sharp criticism from miners suggesting those behind the proposal are less interested in the network’s security and more focused on investors’…
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Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank.Giancarlo, who earned the “Crypto Dad” moniker for advocating a “do no harm” approach to blockchain regulation, is now setting up a think tank called the Digital Dollar Foundation to promote…