Ex-Trump chief of staff says crypto election impact will be ‘fascinating’
Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.
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Grayscale sheds $20B from Bitcoin and Ether ETFs
Grayscale's BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance.

Secret contracts may soon bring privacy features to public Blockchains
Programmable privacy is about to become a reality. Open-source Blockchain protocol Secret Network announced its intention to add privacy-based secret contracts to its mainnet. The upgrade will take place on September 15 once the proposal is passed by the community.According to the foundation’s announcement, developers will have the opportunity to build and deploy so-called “secret”…

Raising the Security Bar? Dash Claims a 51% Attack Is Not Enough
Dash recently claimed it had been the world’s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented in early July 2019, ChainLocks has not yet seen any protocol capable of matching it — according to the Dash Core team. Well-known Bitcoin (BTC) educator…

Bitcoin mining revenue hits yearly high, after return to pre-halving levels
Bitcoin mining revenue has topped $20 million per day, its highest level this year. Key on-chain metrics such as Bitcoin mining revenues have returned to pre-halving levels according to recent research.Data from analytics provider, Glassnode, suggests that revenue from Bitcoin mining is now back at the same levels it was as when block rewards were…

Cryptocurrency is a Failure as a Currency Says Brazil’s Banking Chief
The President of the Brazilian Banking Federation, Murilo Portugal, has argued that cryptocurrencies are not really currencies at all.Portugal was speaking in a debate about the 'Impact of the Digital Revolution on the Financial System' at the non-profit think tank, the Fernando Henrique Cardoso Foundation. The debate examined the impact of new technologies on financial…

Bitcoin Broke $12,500 as US Stock Market Sees Minor Downturn
Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again.Market visualization courtesy of Coin360Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin…

BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major accounting firm Cohen & Company as…

Billionaire Bitcoin investor backs away from California governor bid
Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold. 2158 Total views 11 Total shares Only 10 days after announcing he would run for California state governor, long-time Bitcoin proponent and billionaire investor Chamath Palihapitiya has backed away from the idea in a Feb. 2 episode…