US House may vote to overturn Biden's SAB 121 veto next week
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto.
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Michael Saylor assuages investors after market slumps hurts MSTR, BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. 1944 Total views 8 Total shares MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made…

FTX collapse triggers second thoughts on Busan City’s crypto exchange plans
The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the troubled FTX exchange. 321 Total views 9 Total shares The FTX crash appears to have affected not only companies and investors but also entire cities that previously became partners of the troubled cryptocurrency exchange.South Korea’s…

5 crypto unicorns that charged onto the blockchain scene in 2020
A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the 2017 initial coin offering boom, Gemini co-founder Cameron Winklevoss said in September that…

Bitcoin traders stress 'bullish' market while BTC price threatens $60K
BTC price support may be at risk of a breakdown, but Bitcoin market perspectives see "bullish market structure" prevailing.

Ethereum Devs Delay ASIC-Resistant PoW Algorithm Decision Until Third-Party Audit
Ethereum (ETH) core developers have delayed the decision to implement Application-Specific Integrated Circuit (ASIC)-resistant proof-of-work (PoW) algorithm ProgPoW. According to an Ethereum core developer meeting on Feb. 1, the team wants to wait until the algorithm is audited by a third party.Ethereum core developer Hudson Jameson declared during the call that “there is a group…

European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin, Bloomberg reports on July 7.Per Bloomberg, Coeure argued on Sunday in Aix-en-Provence in southern France that allowing for the development of new financial services and asset classes in a regulatory void is irresponsible. He…

Russian Parliament to Focus on Digital Economy Bills in Next Session, Says Chairman
Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website revealed this in a press release published Wednesday, Jan. 9.Speaking at the opening of the parliament’s spring session, Volodin mentioned the digital economy…

ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
The uncertainties outlined in the document may offer significant insights for Grayscale's investors. 1204 Total views 4 Total shares According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares.The…