A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections.…
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It’s unclear if Rep. Emmer will have enough support to win in a full floor vote, but the lack of a Speaker of the House has effectively halted all legislation since Oct. 3. Republican members of the United States House of Representatives have chosen Tom Emmer, current majority whip and crypto proponent, as their nominee…
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The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization. At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking…
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Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024. Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign. In an Aug. 29 announcement on…
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Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11…
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Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.” Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins. The central bank’s recently released “Markets, Infrastructures and Payment…
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The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before polling…
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“Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors,” said Celsius. Bankrupt crypto lender Celsius Network has announced it will be moving forward on its Chapter 11 restructuring plan with a disclosure statement containing information for claim holders. In a April 7 notice…
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The Arbitrum Foundation has made a couple of new governance proposals following the fracas that occurred over its first attempt. The Arbitrum Foundation has released a raft of new improvement proposals following the fracas that ensued after its first failed attempt at governance. On April 5, Ethereum layer-2 solutions provider Arbitrum posted new Arbitrum Improvement…
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The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely…
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