SEC under Trump could freeze crypto cases not involving fraud: Report

Any country seeing widespread use of Facebook’s proposed Libra digital currency could find that its central bank monetary policy is severely undermined. This is the view of Hiromi Yamaoka, former Bank of Japan executive, who oversaw research into digital currencies for the organization.“The emergence of Libra would pressure policymakers to discipline themselves”Issues are likely to…

Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week. 183 Total views 7 Total shares Major cryptocurrency firm BitPay is expanding the scope of supported blockchain networks, preparing to debut payments in ERC-20 tokens on the Polygon network.BitPay and Polygon jointly announced on Oct. 26 the integration of…

Axie Infinity, Chiliz and Decentraland will be represented in CME's new reference rates and real-time indices. 52 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDerivatives marketplace CME Group is planning to launch reference rates and real-time indices for three metaverse crypto assets, allowing investors to track pricing data…

Since the start of 2022, Bitcoin (BTC) has seen a decline in price by more than 40% from its all-time high (ATH) of $69,044.77 on Nov 10, 2021.This price volatility hasn’t affected the network's ability to increase miners’ difficulty to obtain Bitcoin. As competition among miners continues to grow, Bitcoin’s difficulty reached a new ATH…

Over the course of 2020, numerous countries across the globe raced toward their own digital versions of their currencies, known as central bank digital currencies, or CBDCs. The crypto industry still has its selling points, however, even if most countries launched CBDCs, according to Jake Yocom-Piatt, co-founder of crypto project Decred.“I expect many nation states…

United States President Donald Trump has appointed vocal Bitcoin supporter Mick Mulvaney as the new White House chief of staff. The 51-year-old politician, who is currently serving Trump’s administration as the director of the Office of Management and Budget (OMB), will become the acting chief of staff closer to the end of the year. The…

Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks. Hailed as the next generation of the internet, Web3 will be…

Alameda linked wallet bought 1 million FTT worth $2.3 million before opening a loan position on the decentralized crypto lending platform Abracadabra. 322 Total views 5 Total shares Own this piece of history Collect this article as an NFTWallets linked to now-bankrupt Alameda Research became active again on Feb. 7, transferring out millions worth of…

Ethereum-based virtual-reality (VR) platform Somnium Space has moved from scalability solution Loom Network to Matic to enhance scaling.On March 23, Somnium Space said that it hopes the transition will allow it to achieve scalability and provide a superior user experience. The firm explained:“By implementing Matic’s high-performance Plasma-based sidechains, Somnium aims to solve any future issues…