Mining PAC launches ad for Ted Cruz as early voting begins in Texas
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
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EU financial chief: Don’t rush digital euro before new Commission in June 2024
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission. 239 Total views 2 Total shares The European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness, believes there’s no reason to rush the digital euro until after the next European Parliament elections
Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.” 52 Total views 1 Total shares Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin J. Gruenberg, believes that the…
Harvard Law BFI throws 10.5M votes behind own proposal to fund DeFi lobby with UNI
It is not the first time Uniswap governance has been dominated by a whale. 658 Total views 3 Total shares The effect of whales on Uniswap governance is a topic of hot debate once again after Harvard's blockchain group threw a massive amount of voting power behind its own proposal.The proposal, made on May 27…
Bitcoin is on target to hit $288K as US money velocity collapses in Q2
There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe.In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at asset manager Robeco, noted that U.S. M2 money velocity had hit historic lows.“Too much money to spend”Velocity measures the speed at…
Centralized Exchanges Continue to Shed Bitcoin
The number of Bitcoins held on centralized exchanges has fallen by more than 10% since Black Thursday in March. 721 Total views 25 Total shares Data compiled by Glassnode is showing that the number of Bitcoin (BTC) held on top crypto exchanges has steadily fallen since the violent mid-March crash that saw crypto prices tumble…
Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more
The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial and technical assistance.After its spiral collapse, Terra co-founder Do Kown proposed a revival plan and…
Konami partners with Avalanche for Resella NFT platform launch
Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.
Twitter down the same day Jack Dorsey launches decentralized alternative
Thousands of Twitter users were unable to view tweets while Jack Dorsey’s decentralized social network Bluesky grabbed attention online. Own this piece of history Collect this article as an NFTTwitter suffered another outage on March 1 as thousands of users flagged issues with Elon Musk’s social media platform. The outage took place as Twitter founder…