Crypto advocates call for post-Biden clarity on digital asset regulations

A hefty amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days.

Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren.

Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18.Maker, which issues USD-pegged stablecoin Dai (DAI), is seeking to improve the cryptocurrency’s stability.The organization aims to do so by raising its so-called Stability…

“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general. 1792 Total views 14 Total shares The director-general for Nigeria’s National Information Technology Development Agency, or NITDA, has said that the country could potentially expect a revenue stream between $6 billion to 10 billion from…

Singapore-based cryptocurrency exchange Huobi Group has launched a new product designed to streamline the token listing application process. According to a statement shared with Cointelegraph, the new service, which Huobi developed to provide a more transparent listing process, is called the Huobi Automated Listing Platform. Per the announcement, projects that want to list on Huobi…

Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided. 106 Total views 2 Total shares Results from many election races for seats in the United States Senate and House of Representatives are still coming in,…

JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet Coindesk on May 9.As reported, Quorum is JPM’s private blockchain platform built on the Ethereum protocol.…

On February 2nd, at 6:00pm UTC Yearn Improvement Proposal 57 passed mandating that Yearn Finance, the decentralized and permissionless neo-hedge fund where I work, mint 6,666 new YFI tokens.YFI holders themselves passed this vote, with 83% voting in favor, and the highest engagement since Yearn’s now-mythical fair launch. The effects of this new twist in…

Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services. 57 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTDefunct crypto exchange FTX paid a retainer of $12 million to bankruptcy…