Pennsylvania House of Representatives passes pro-crypto bill
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill.
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FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to "come near" FTX again. 650 Total views 6 Total shares Own this piece of history Collect this article as an NFTSeveral crypto industry commentators have laid skepticism on FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues…

Perpetual Protocol crosses $500K open interest cap amid BTC all-time high
Newly launched DeFi derivatives platform Perpetual Protocol crosses open interest milestone in barely 24 hours. 398 Total views 5 Total shares Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch…

Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization. 203 Total views 5 Total shares The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of…

Cardano’s Shelley Testnet Starts Off With More Than 5 Billion Staked ADA
Within 24 hours of Cardano’s testnet going live, Cardano (ADA) holders have staked more than 5 billion ADA coins, worth around $195 million.On Dec. 15, IOHK took to Twitter to report that more than 240 staking pools have gone online since Shelley went live, with about 120 staking pools during the first day of operation…

Poloniex Rolls Back Trading History After Software Bug Causes a Bunch of Problems
It’s like shooting yourself in the foot with computer code, then magically going back in time to before it happened.Crypto exchange Poloniex confirmed in a series of tweets today that it rescinded 12 minutes of trading history in response to a software problem that saw a bunch of trades execute “erroneously.” The Twitter announcement did…

Bitcoin price turns to test lower support levels as $50K stays out of reach
It's a frustratingly sideways market for Bitcoin bulls as August ends and September, which is typically a boring month for BTC price, looms. 892 Total views 9 Total shares Bitcoin (BTC) continued to range below $50,000 on the last day of August as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour…

Coinbase stock (COIN) in danger of another 60% crash by September — Here’s why
COIN could tumble to $21 in the next few months amid Coinbase's insider trading allegations and weak technicals. 90 Total views 18 Total shares Coinbase (COIN) stock bounced by 4.35% to $57 on July 27 after shedding roughly 20% over the past week. But more downside is likely despite the release of Coinbase's first installment…

Polkadot and Cosmos connect as Plasm and Secret Network release bridge MVP
Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol.The bridge, deployed on Tuesday on Plasm’s testnet, allows users to transfer assets between Plasm Network and Secret, allowing them to enjoy transaction privacy…