Key Takeaways The Senate is debating a massive infrastructure bill bearing concerning crypto-related provisions. The White House has backed an amendment to the bill that threatens DeFi and Proof-of-Stake validators. The final vote on the amendment is due on Saturday. The White House has weighed in on the ongoing infrastructure bill debates. White House Backs Controversial Bill Amendment The Biden […]

A 58-page bill seeking to create a comprehensive regulatory framework for digital assets took the center stage in the U.S. Congress this week, following three different hearings on the same subject the day before. Rep. Don Beyer, chairman of the U.S. Congress Joint Economic Committee, introduced “Digital Asset Market Structure and Investor Protection Act,” the bill that is considered to […]

Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads: “Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period, no new positions may be opened.” However, Binance’s proactive […]

JPMorgan Chase quietly opened up access to six crypto funds over the past three weeks as it looks to offer crypto exposure to a variety of clients. In the latest move, the bank’s private clients will now have access to a new Bitcoin fund created by crypto investment firm New York Digital Investment Group (NYDIG). NYDIG is owned by Stone […]

Key Takeaways VeVe will begin to sell Marvel superhero NFTs this weekend. The first series of non-fungible tokens will feature five variations on Spider-Man, priced between $40 and $400. Future VeVe collectibles will feature Wolverine, Iron Man, and Captain America as well as digital comic books. Comics giant Marvel and its NFT partner VeVe have announced that the first Spider-Man […]

Clean Spark Inc. – a bitcoin mining services and software company – has announced several new updates regarding its processes and operations, as well as general changes to the mining sector. Clean Spark Is Heading for the Top The company’s mining division – known as Clean Blok – boasts more than 7,500 machines at the time of writing. The hash […]

First introduced on September 1, 2020, GateChain Tokens (GT) is the native platform token on the Gate.io exchange platform. It allows users to receive discounts on trading fees, participate in listing votes, invest on the Gate.io Startup IEO platform and more. “Since the introduction of GT tokens, Gate.io has dedicated 20% of its platform profits to buying back and burning […]

The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height 12,965,000, ushering in the Ethereum Improvement Proposal (EIP) 1559. With the upgrade triggered, Ethereum will now undergo a significant overhaul of the network’s transaction fee market and other parameters such as gas refunds among others. Under EIP-1559, each transaction on Ethereum will involve burning […]