Ethereum Classic Is Down 30% Since Its Listing on Coinbase
The price of Ethereum Classic (ETC) is down more than 30 percent after going live on the Coinbase exchange just two days ago.
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Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries
Crypto political action committees contributed to congressional candidates who won their primaries on Tuesday, including in Texas, North Carolina and Alabama.The bulk of their giving went to tank U.S. Rep. Katie Porter in her bid for a California Senate seat.Focused campaign spending from the crypto industry hit paydirt in Super Tuesday elections across the U.S.

Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ
The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency.(Mark Van Scyoc/Shutterstock)Jan 21, 2021 at 2:41 a.m. UTCUpdated Jan 21, 2021 at 3:40 a.m. UTCFormer Ripple Board Member Tapped to Lead Biden’s OCC: WSJMichael S. Barr, a former U.S. Treasury Department official and onetime member…

Dinari Raises $7.5M for Decentralized Stock Trading Platform
Dinari, which aims to provide access to real-world asset backed tokens, has announced a $7.5 million seed investment ahead of the ex-U.S. launch of its dShare Platform.Investors included SPEILLLP, a member of the Susquehanna International Group of companies, 500 Global and Balaji Srinivasan, the former chief technology officer of Coinbase. Other backers in the round…

Why Some Crypto Firms Are Suspending Services in the U.K.
New promotions rules that require crypto firms to provide clear risk labels and implement system changes are coming into effect on Oct. 8.Some international crypto firms serving U.K. clients have decided to pause certain services until they're compliant with the new rules.Local regulators are concerned some other overseas firms aren't ready to comply with the

Energy Giant EDF Subsidiary Joins Cronos as a Blockchain Validator
Exaion joins Cronos as a validator three months after doing the same on Chiliz Chain.Validators maintain the operation and security of a blockchain network by authorizing smart contracts and verifying transactions.00:51Has Crypto Become Political?02:14FTX Victims File to Recover $8B in Forfeited Assets; Will Biden and Trump Shake Hands Before Debate?00:55DJT Token Rallied 180% on Trump

Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M
Nov 25, 2020 at 3:55 p.m. UTCSquare Agrees to Buy Credit Karma’s Tax Preparation Service for $50MPayments company Square said Tuesday it will buy Credit Karma’s tax business for $50 million and integrate it into its Cash App, a major hub for bitcoin sales.Cash App will make Credit Karma’s do-it-yourself tax-preparation software available to its…

Raiffeisen Bank Bringing Blockchain Interoperability to Its Stablecoin Project
Oct 22, 2020 at 10:02 UTCUpdated Oct 22, 2020 at 10:11 UTCRaiffeisen Bank headquarters, Vienna, Austria (Arsenie Krasnevsky/Shutterstock)Austria-headquartered Raiffeisen Bank International (RBI) is turning to technology that will allow its tokenized fiat currency to connect to multiple blockchains.The initiative will see the bank's RBI Coin integrated with the Pantos blockchain interoperability tool from Vienna-based cryptocurrency exchange…

Creditors Committee Formed for Collapsed Crypto Exchange QuadrigaCX
news Canadian law firms Miller Thomson and Cox & Palmer have appointed a steering committee to help them represent potentially 115,000 former customers of failed cryptocurrency exchange QuadrigaCX. In a court notice dated March 19 and posted online Wednesday, Miller Thomson announced that it had selected its Official Committee of Affected Users. The committee, made…