Crypto super PAC Fairshake just lost a billionaire Dem donor: Report
Top Democratic Party donor Ron Conway has split from pro-crypto Fairshake PAC after it pledged to back a Republican candidate without his knowledge.
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USDT-settled futures contracts are gaining popularity, here’s why
When BitMEX launched its Bitcoin (BTC) perpetual futures market in 2016, it created a new paradigm for cryptocurrency traders. Although this was not the first platform to offer BTC-settled inverse swaps, BitMEX brought usability and liquidity to a broader audience of investors.BitMEX contracts did not involve fiat or stablecoins and even though the reference price…

Animoca Brands plans return to stock market by 2025
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East.

Celo rallies 50% as excitement builds for the upcoming ‘Donut’ hardfork
CELO price gained 50% ahead of the network’s May 19 'Donut’ hardfork which will help increase interoperability and lower gas fees. 2506 Total views 15 Total shares Decentralized finance (DeFi) has emerged as a transformational force for not just the cryptocurrency market, but for financial markets in general in 2021 thanks to the ease of…

Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said. Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of…

Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings
Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the letter published on July 2.The letter was also addressed to Facebook, with Mark Zuckerberg himself cc’d, and asked that the social media giant wait until Congress and regulators have scrutinized…

HUMBL issued US patent for blockchain payments technology
The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”

Bitcoin price fails to retake $17K with market ‘not prepared’ for dip
Bitcoin (BTC) divided traders yet again on Dec. 21 as sideways BTC price action split opinion on the future.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$17,500 becomes popular BTC price targetData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it acted within a tight range just below $17,000.A single brief spike above the $17,000 mark…

Biden’s cryptocurrency framework is a step in the right direction
The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Biden’s March 9 executive order. The order called for regulators to assess the industry and develop recommendations to safeguard investors while simultaneously promoting innovation. While more work is needed, the framework is a step in…