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“# Crypto lending firm Celsius Network raises $400M ” Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending. Announcing the news on Tuesday, Celsius noted that the latest funding was led by Canada’s second-largest pension fund, Caisse de dépôt…
“# Texas Democratic Party aims to use NFT sales for fundraising efforts ” Front Row, a marketplace geared towards progressive organizations, has said it will be partnering with the Texas Democratic Party to pilot a program aimed at raising money for candidates and causes using nonfungible tokens. In an Oct. 11 announcement, Front Row said…
“# US lawmaker is most concerned about Treasury’s response to crypto ” Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than the Securities and Exchange Commission or the Commodity Futures Trading Commission. Speaking at the Texas Blockchain Summit in…
“# US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling? ” The United States federal government’s default on its debt has been averted — at least for now. On Oct. 7, the Senate voted to increase the debt limit by $480 billion, a sum needed for the world’s biggest borrower to keep paying off…
“# Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz ” U.S. Senator Ted Cruz believes The United States should be using natural gas to mine Bitcoin instead of flaring it. Speaking during the Oct. 8 Texas Blockchain Summit, Senator Cruz asserted that Bitcoin mining can be used to monetize energy…
“# Pro-crypto senator Cynthia Lummis discloses up-to-$100K BTC purchase ” United States Senator Cynthia Lummis, a Republican from Wyoming, has revealed that she purchased Bitcoin (BTC) worth between $50,001 and $100,000 on Aug. 16, according to documents filed on Thursday. The disclosure was part of the Stop Trading on Congressional Knowledge, or STOCK, Act, which…
“#An American ‘national divorce’ is a foolish, dangerous fantasy” Divorce usually isn’t a good idea, and that’s especially true of a nearly 250-year-old continental nation. A cadre of apocalyptic writers on the right, who believe the country is too far gone to save, has become obsessed with a Secession 2.0 that would cleave red America…
“# Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni ” Pat Toomey, a Republican member of the U.S. Senate Banking Committee, is attempting to pressure the nominee to head the Office of the Comptroller of the Currency (OCC) into handing over her 1989 university honors thesis about Karl Marx. The Biden administration…
“# US Justice Dept announces launch of national crypto enforcement team ” An official from the Office of the Attorney General has said the United States government is going to take a more active role in enforcement action against actors using cryptocurrencies for money laundering and other cybercrimes. Speaking at the Aspen Institute Cyber Summit…
“# $25B toy brand to launch L.O.L. Surprise NFT collectibles ” Consumer entertainment products giant MGA Entertainment is moving into the nonfungible token (NFT) industry by turning its best-selling toys into digital collectibles on blockchain. The American toy giant is preparing to roll out an NFT functionality for its world-famous brand L.O.L. Surprise, allowing fans…