The change in leadership came as the platform has been preparing a set of upgrades branded “Polygon 2.0”. Ryan Wyatt will be stepping down as president of Polygon Labs and moving into an advisory role after more than a year at the firm. In a July 7 announcement, Wyatt said he planned to leave Polygon…
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Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking direction and “doesn’t know what it is doing.” Hanke further predicts a bleak economic downturn in 2024, referring…
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Former Senator Patrick Toomey, former Representative Tim Ryan, former Representative Sean Patrick Maloney, and others will advise Coinbase on crypto policies. Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States lawmakers and industry leaders In a…
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Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. United States President Joe Biden has announced his nomination of two people for key positions on the Federal Reserve, including a new Fed governor and economist Philip Jefferson as vice chair.…
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“I’m an advocate for getting regulation in place that makes the most of the potential of the sector whilst protecting consumers,” said the MP. Lisa Cameron, a Member of Parliament in the United Kingdom since 2015, may not have used the Bitcoin Lightning Network in her time as a lawmaker, but spends a lot of…
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The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a minimum of 0.5% for all…
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According to the commission, New Hampshire should work towards building a legal framework “for sound development of blockchain technologies and its applications.” Chris Sununu, the governor of New Hampshire, has released the results of an investigation from a commission aimed at recommending legislation around digital assets and blockchain as part of a 2022 executive order.…
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Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.” Crypto payment platform Wyre modified its withdrawal policy to limit users from cashing out up to 90% of their assets just days after two former employees allegedly hinted the possibility of a shutdown. On Jan. 7, 2023, Wyre…
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Shytoshi Kusama reported Shiba Inu could work alongside Facebook and Decentraland by working on metaverse global policy at the World Economic Forum. The volunteer project lead and developer for Shiba Inu known only as ‘Shytoshi Kusama’ has reported on social media that the World Economic Forum, or WEF, wants to work with the meme-based cryptocurrency…
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Initiated by Grayscale, the survey suggests crypto regulation is a bipartisan issue, with the majority of Democratic and Republican respondents saying they want clarity. Roughly a third of eligible voters in the United States will be “considering crypto policy positions” when choosing candidates in the 2022 midterm elections, according to a new survey. In the…
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