West Virginia to Offer Blockchain Voting Statewide in Midterm Elections
After a pilot conducted in May, West Virginia is expanding use of a blockchain voting app to all 55 of the state’s counties.
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Russia’s Ministry of Justice Latest to Criticize Proposed Crypto Ban
Jun 18, 2020 at 08:00 UTCUpdated Jun 18, 2020 at 08:04 UTCRussian Ministry of Justice, Moscow (VLADJ55/Shutterstock)Russia’s Ministry of Justice Latest to Criticize Proposed Crypto BanRussia’s new draft bill prohibiting crypto operations in the country has again suffered a less-than-glowing review from an arm of government. The nation’s Ministry of Justice opposed the draft new…

Arbitrum Voters Polarized Over ‘Research’ Pitch With $2M Price Tag
Cost is "more than I pay for Harvard lawyers," one commenter wrote.Based on early results of "temperature check" vote, opinions are pretty evenly divided. The episode offers a fresh example of how blockchain pioneers are struggling to iron out the nettlesome challenge of decentralized governance. In March, Arbitrum, the biggest layer-2 blockchain network atop Ethereum

FTX Bankruptcy Lawyers Ask Court For $323m Recovery From FTX Europe Leadership
Crypto exchange FTX's lawyers have asked a U.S. bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership, according to a court filing Wednesday.Lawyers on behalf of FTX Trading Ltd. and Maclaurin Investments Ltd. (owned by Alameda Research, the hedge fund arm of the bankrupt FTX empire) asked the…

Crypto for Advisors: Crypto and Compliance
In today’s issue, Beth Haddock from Warburton Advisers considers how the coming years are crucial for compliance and risk in crypto, as well as strategies that advisors can implement to protect their brand while serving clients as fiduciaries. Leo Mindyuk from ML Tech explains what the U.S. Financial Innovation and Technology (FIT) Act is and

Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report
Trump's media company is expanding into the cryptocurrency market. Bakkt's crypto custody business will not be part of the acquisition. The deal deepens Trump's involvement in crypto after promoting World Liberty Financial. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57 Is Bitcoin Losing Its Bullish Momentum?

Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets
Aug 28, 2020 at 12:16 UTCUpdated Aug 28, 2020 at 12:21 UTCFederal Reserve building, Washington, D.C. (Steve Heap/Shutterstock)Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve’s announcement of a more relaxed approach to tackling inflation sent a tremor across the markets. The top cryptocurrency rebounded back above $11,450 on Friday, erasing…

Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months
Jan 7, 2021 at 8:54 p.m. UTCUpdated Jan 7, 2021 at 9:28 p.m. UTCBitcoin mining revenue measured by terahash per second (TH/s)Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 MonthsBitcoin mining revenue has nearly tripled in the past three months measured by dollars per terahashes per second (TH/s). In early October, miners were…

GameFi Opens New Paths for Financial Inclusion
Widespread blockchain technology and cryptocurrency adoption are rapidly advancing blockchain-based gaming. GameFi is the term for the combination of DeFi and gaming, where gamers can earn financial incentives through playing games. By improving their characters and moving up levels, gamers can create value, which, because it’s stored on a blockchain, is owned by them and…