Trump appoints former college football player Bo Hines to head crypto council
Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets.
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Web3 ecosystem made ‘good strides’ in changing climate narrative, exec says
Celo CEO Marek Olszewski said that blockchains can provide transparency and real-time verification on the state of carbon credits. 131 Total views 2 Total shares While moving to proof-of-stake (PoS) contributes to changing the narrative of blockchains being harmful to the environment, there are still many things that the Web3 ecosystem can do to tackle

Bittrex lists Turkish stablecoin BiLira
The Turkish lira-backed stablecoin BiLira is now open for trading on cryptocurrency exchange Bittrex Global. Users can now use their ERC-20 BiLira tokens to buy Bitcoin (BTC) and USDT on Bittrex Global.The announcement states that there are currently 20 million BiLira tokens in supply. TRYB tokens are minted at the time of deposit, and an…

Mnuchin Crypto Speech Was Total Validation of Bitcoin: Barry Silbert
Bitcoin (BTC) proponents were reacting to fresh criticism of cryptocurrency from the United States government July 16, following a press conference with Treasury Secretary, Steven Mnuchin.Mnuchin, who held the 30-minute event on Monday, said he wished to focus explicitly on Bitcoin and Facebook’s Libra digital currency protocol.He referred to both as “cryptocurrencies,” despite analysis confirming…

Anti-crypto SEC commissioner’s term is up in 41 days — Will she be replaced?
Caroline Crenshaw may continue to serve at the SEC for an additional 18 months after her term ends in June if the White House doesn't nominate a replacement.

New York bill proposes to ban crypto mining for 3 years over carbon concerns
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3. 1669 Total views 31 Total shares Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate. The New…

Bitmain Co-CEOs to Keep Decision Making Power in Executive Swap, Report
Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the news Jan. 10.Referencing anonymous “people familiar with the matter,” the publication said Bitmain’s director of product engineering Wang Haichao…

Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018
Mike Novogratz’s crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26. Galaxy Digital lost $13.5 million in its trading business, with $85.5 million of unrealized loss on digital assets, $1.1 million in paper losses on investments, and $22.9…

Bitget Wallet launches $20M grant for Telegram Mini Apps
Despite TON’s TVL dropping more than 50% since July, Bitget Wallet and Foresight Ventures have given another boost to Telegram’s Mini App ecosystem.