Trump adds RFK Jr to transition team as former president faces new indictment
The pro-crypto ex-Democrat Robert F. Kennedy Jr. joined Donald Trump’s team, which would help form a government if Trump wins the November elections.
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Arbitrum to break up governance votes after community backlash
The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. 226 Total views 1 Total shares Own this piece of history Collect this article as an NFTEthereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from…
Dan Larimer’s newest project is another attempt at decentralized social media
Daniel Larimer, former chief technology officer of Block.one and a co-founder of Block.one and Steemit, has revealed his next project, called Clarion.The project is meant to become a mobile-first decentralized social media platform, supporting all types of social features like personal messaging via text and video, publishing content to followers or having Discord-like voice chat…
Anti-Human Trafficking Agency Traces Crypto to Fight Modern-Day Slavery
Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to use crypto analytics to advance the organization's goal of combatting global human trafficking.Pamela Clegg, CipherTrace's director…
Dogecoin devs deny rumor of immediate PoS switch following community concern
The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, Principal Engineer for the Dogecoin Foundation.More info for ya. Influencers, even if…
Swiss Regulator Fears Crypto’s Dark Corners, Libra Not So Much
Mark Branson, head of Swiss financial supervisor FINMA, said that he is more concerned with the dark corners of cryptocurrency than he is with Facebook’s stablecoin Libra.Switzerland will not make Libra impossibleOn Oct. 1, Reuters reported that Bronson is more wary of crypto projects that develop outside of official scrutiny than he is of Facebook’s…
Poloniex settles charges with SEC for operating unregistered exchange
Poloniex will reportedly pay over $10 million as settlement for the SEC indictment. 447 Total views 21 Total shares The United States Securities and Exchange Commission has charged crypto exchange platform Poloniex for breaching securities trading regulations.According to an announcement by the SEC on Monday, Poloniex offered trading of cryptocurrencies deemed securities to U.S. investors…
Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission
The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25.Per the announcement, the exchange’s Rehabilitation Trustee Nobuaki Kobayashi filed a motion in a bid to extend the submission deadline of a rehabilitation plan at…
Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here’s why
Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for regulation grows too. Anticipating those regulations and having the systems in place for future compliance can position crypto exchanges as industry leaders.…