US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.
Related Posts


FTX Token (FTT) rallies 105% as interest in derivatives trading grows
FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider. The exchange launched in April 2019 and offered the usual spot trading, inverse swaps and futures contracts that can be found at other major platforms. By early 2020, the exchange launched its daily and weekly binary BTC options…

KPMG to help US crypto firms uphold reporting standards
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices.

Aethir, MetaGravity partnership boosts scalable DePIN gaming development
The partnership aims to simplify and scale gaming development using DePIN technology, enhancing accessibility and efficiency.

Dutch crypto exchange users bemoan additional KYC requirements
Bitstamp traders based in the Netherlands now have even more regulatory hoops to scale before being able to withdraw their funds. 1667 Total views 18 Total shares Crypto exchange platform Bitstamp is reportedly demanding additional Know Your Customer compliance steps for Dutch-based users.According to a notice sent to Twitter user “Bitcoin Marcus,” — a Bitstamp…

Fed board member to leave by 2022, leaving Biden to fill 3 seats
Randal Quarles has been a member of the Federal Reserve Board as well as its vice-chair for supervision since 2017. 457 Total views 5 Total shares Randal Quarles has resigned his position from the Board of Governors of the Federal Reserve System, effective by the end of December. In a Friday resignation letter addressed to United…

Here’s why Bitcoin bears aim to pin BTC under $39K ahead of Friday’s $1.9B options expiry
Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion monthly options expiry became worthless.Regulatory concerns continue to pose a threat…

Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated switch from proof-of-work to proof-of-stake can be expected “around June 8 or so.”Interestingly, Ether's price action is relatively unchanged despite the unexpected bullish announcement. There was a +10% spike on May 30, but those gains were given back between May…

Stop panicking about Wrapped Bitcoin — Mint Coinbase’s cbBTC instead
Concerns about WBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative.