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” Coinbase launches grassroots campaign for pro-crypto policy in the U.S. “ Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community and share tools and resources,” so that…
” Vitalik Buterin says ‘more still needs to be done’ over high Ethereum txn fees “ In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he…
” Former FTX Director to reportedly plead guilty to fraud charges “ Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28. During the hearing in a Manhattan federal court, Singh’s…
” OKX seizes 2M USDT linked to market manipulation “ According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accounts suspected of partaking in “malicious market manipulation,” of the Celestial (CELT) token. As told by OKX, on Feb. 26, Celestial…
” Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy? “ Japan has consistently been a leader in the tech industry, so it’s a logical step forward that, given current trends in the space, the Cool Japan movement might incorporate Web3 to strengthen its initiative. Bringing Web3 into the mix alongside the popular culture aspects…
” Bitcoin-friendly Cash App integrates TaxBit amid tax-filing season “ Mobile payments processor Cash App has integrated crypto tax and accounting software TaxBit into its services, giving Bitcoin (BTC) holders a more streamlined approach to reporting their taxes. As of Feb. 28, Cash App users can now keep track of their Bitcoin transactions for tax…
” Breaking: Visa and Mastercard halt new crypto partnerships — Report “ According to a Reuters report published on Feb. 28, American payment processors Visa and Mastercard have delayed the launch of new partnerships with crypto firms due to high-profile bankruptcies in the industry that led to increased regulatory scrutiny. The move follows a period…
Five takeaways from the big COVID-19 ‘lab leak’ story The tangled story of the origins of the COVID-19 pandemic has taken a new twist. On Sunday, the Wall Street Journal revealed that the Department of Energy had shifted its position, now holding that the most likely source of the virus was a laboratory mishap, presumably…
” Crypto industry lobbying expenses rose by 120% in 2022 in the US “ Crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, the market participants spent $25.57 million on lobbying in the United States. This number appears in a study, published by the Money Mongers…
” Emirate to launch free zone for digital and virtual asset firms “ Ras Al Khaimah, one of the seven emirates that make up the UAE, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players. The RAK Digital…