US lawmakers cancel session to consider Caroline Crenshaw’s nomination
The update to the calendar makes it unlikely lawmakers will be able to vote on the SEC commissioner’s nomination before the next session of Congress.
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PUBG creator ‘not even thinking about’ NFTs for upcoming metaverse: Report
Brendan Greene, the creator of PUBG, said his upcoming metaverse may integrate blockchain technology, but doesn’t have any plans for NFTs.

DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally
Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi, its ever expanding total value locked and soaring ETH gas fees further highlight the sector’s need for a layer 2 option…

New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. 207 Total views 1 Total shares While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the…

Houston, We Have a Solution: Blockchain in the Space Industry
Space is an area that has been historically researched by few governments, being a complex matter that requires thorough, high-class research and, therefore, substantial funding. More recently, with the emerging popularity of audacious startups like SpaceX, space exploration has become a less exclusive area. Now, however, it seems that the cryptocurrencies’ primary features — blockchain,…

Once-hacked for $77M, Beanstalk’s algo stablecoin protocol relaunches
Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit.The protocol and its governance have been paused since April following the governance exploit and flash loan attack, but were relaunched as of Aug. 6 in an event called the “Replant.”…

Bitcoin Hash Rate Hits Record Average High With $12K Price in Sight
Bitcoin’s seven-day average hash rate passes 129 EH/s for the first time as the price continues to meet resistance at the $12K level. 743 Total views 13 Total shares As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high.Data from Blockchain.com confirms that on Aug.…

Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.” 252 Total views 6 Total shares El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC)…

Banks face new risks from permissionless blockchains, BIS warns
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets.