Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
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.
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Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported that the IT company had installed…
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US Takes Regulatory Steps for Blockchain Technology Adoption
The United States’ concerns about the rise of cryptocurrency use in illegal activities have only been growing as developments in the space continue to push the envelope. There is a global race to launch stablecoins that could be potentially utilized by more than half the world’s population. Meanwhile, Facebook is committed to launching a Libra…
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Iota’s ShimmerEVM joins Fireblocks, targets demand for assets tokenization
The Iota Foundation wants to capitalize on institutional demand for real-world asset tokenization, which reached $342 billion in September. 319 Total views 2 Total shares Open-source blockchain developer Iota has taken another step to meet institutional demand for asset tokenization by integrating its Shimmer Ethereum Virtual Machine (EVM)-compatible chain with Fireblocks.Data from VanEck Research shows
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Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%. 524 Total views 2 Total shares Bitcoin (BTC) came back with a vengeance on May 13 as bulls stepped in to take the market to near $31,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin…
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Meta joins patent alliance, pledges free crypto patents for all
By joining COPA, Meta will become one of 30 other businesses that have committed not to enforce their “core cryptocurrency patents.” 309 Total views 10 Total shares The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all.Meta, formerly…
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Gate Group launches new virtual asset trading platform in Hong Kong
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ai16z’s Eliza Labs, Stanford clinch AI research partnership
The ai16z developer is researching the intersection of artificial intelligence and Web3.
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EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia. 133 Total views 6 Total shares On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or…