Ripple co-founder pledges $10M in XRP to Kamala Harris campaign PAC
Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
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Robinhood and GameStop proved we need a new financial system
King Midas is most famously remembered through the fable we tell our kids that the king could turn everything he touched into gold. At first, it was a great idea that his greed turned even food into gold, leaving him wealthy but unable to live. Robinhood’s CEO and its board had the impossible King Midas dilemma…

Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman. 326 Total views 3 Total shares During a speech at the Salzburg Global Seminar on bank regulation and supervision, Bowman called for attention from global regulators to the current supervision of novel banking…

ETC Group launches crypto ETP based on PoW Ethereum hard fork
ETC Group will continue to rely on Ethereum’s original PoW consensus for its current Ethereum ETP, the firm announced on Wednesday. 833 Total views 9 Total shares Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP).ETC Group officially announced on Wednesday…

‘Bitcoin Standard’ author to develop Austrian economics curriculum for UK school
Lomond School, a private institution in Scotland, will begin accepting Bitcoin for tuition payments and is collaborating with Bitcoin author Saifedean Ammous to introduce a new curriculum focused on Bitcoin and Austrian economics. Ammous, author of The Bitcoin Standard, is developing an educational curriculum combining the principles of Bitcoin (BTC) and Austrian economics. “I'm going

13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances
On Feb. 28, the Litecoin Foundation announced a partnership with MeconCash to roll-out Litecoin (LTC) to Korean won withdrawals and remittances from 13,000 ATMs in South Korea.The partnership will see LTC integrated onto MeconCash’s M.Pay payments platform. Litecoin will also be accepted as payment on MeconCash’s retail platform MeconMall, and to pay for games that…

Vitalik Buterin Proposes Higher Staking Rewards for Upcoming ETH PoS Algorithm
Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake (PoS) algorithm implementation on the Ethereum blockchain on GitHub on April 20.Per the proposal, 2,097,152 ether per year would be issued when 134,217,728 ether is staked and validating transactions, resulting in an annual return for stakers of 1.56%. The current circulating supply…

Blockchain-Related Deals Are Moving From The US to China
New York-based research firm, CB Insights, has released a report showing that Chinese startups are starting to substantially increase their blockchain-related investments.The research document, titled The Blockchain Report 2020, was published on March 11. It highlights that in 2015, deals from US-based companies accounted for 51% of Blockchain tech growth. Comparatively China-based companies represented only…

Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media. 597 Total views 4 Total shares Rumors and speculations surrounding former FTX CEO Sam Bankman-Fried (SBF) continue to bombard the crypto community as the effects of the FTX…