Crypto community reacts to reports of Wall St. lawyer up for SEC chair role

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin traders worry as price remains pinned below $50,000After reaching lows of…

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. 410 Total views 20 Total shares The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it…

In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on Aug. 3.While market sentiment turned bullish following Grayscale's SEC victory, Bitwise appears to be discreetly reassessing its strategy.

According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating.

Nasscom, a major Indain trade organization, has said that it is against a blanket ban on cryptocurrencies, which was recently proposed by a governmental panel in the country According to a report by local financial periodical The Economic Times on July 30, Nasscom commented:"Nasscom believes that the recent proposal of the inter-ministerial committee of the…

Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting. 1081 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTCrypto exchange OKX witnessed service disruptions after primary infrastructure…

SmartPy and Cryptonomic are adding Chainlink price oracles to the Tezos network, filling a perceived gap in the ecosystem. 2619 Total views 69 Total shares Two leading Tezos (XTZ) teams, SmartPy and Cryptonomic, are making Chainlink (Link) oracles natively available on the Tezos network.The two teams received a grant from the Tezos Foundation to integrate…

The proposed legislation would require exchanges to verify personal data behind any transaction. 1117 Total views 11 Total shares Less than a week after a potential ban on Proof-of-Work (PoW) digital assets was dropped from the EU’s prospective MiCA framework, a new threat to the crypto industry could be emerging in the European Union. This…