North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.
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Does Bitcoin’s negative funding rate signal that bears are in total control?
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience.
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British MPs urge action on NFT copyright infringement, crypto fan tokens
A U.K. parliamentary committee called for a crack down on sports fan tokens and recommended the government issue a code of conduct for NFT platforms. 368 Total views 4 Total shares A bipartisan parliamentary committee has urged the British government to protect creators from copyright infringement associated with nonfungible tokens (NFTs) and address potential harms
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New Bitcoin-stablecoin metric reveals ‘intense’ buy pressure — analyst
Bitcoin is seeing continued “intense buy pressure,” says CryptoQuant, as $10,000 proves attractive for market entrants. A new Bitcoin (BTC) metric says that investors are still much more interested in buying than selling at $10,000.In a tweet on Sep. 7, Ki Young Ju, founder of on-chain analytics resource CryptoQuant, unveiled his latest tool for tracking…
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Treasury backs down: Crypto monitoring rule will wait until new administration
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian. 4925 Total views 24 Total shares In response to a deluge of comments, the United States Treasury Department's Anti-Money Laundering office is slowing its roll on a…
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Cardano’s Plomin hard fork sets stage for full decentralized governance
Cardano’s Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
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Will Biden’s plan to tax crypto mining reduce emissions? Critics say no
Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices.Cryptocurrency mining…
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Binance takes on DeFi with Uniswap competitor and liquidity mining
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap.Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that allows…
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Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was
The Hong Kong-based group documented its reproduction of the hack on its tech and security oriented blog, seeking insights into Web3’s attack surface spectrum. 142 Total views 28 Total shares Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple,…