Biden Administration Reportedly Drafts Executive Order To Oversee Cryptocurrency Regulation ⋆ ZyCrypto

Biden Administration Reportedly Drafts Executive Order To Oversee Cryptocurrency Regulation

[ad_1] Advertisement &nbsp &nbsp According to multiple anonymous sources cited by Bloomberg, the Biden administration is planning to issue an executive order on cryptocurrency, as part of the government’s broad effort to get a handle on the sector. Details Of The Proposed Executive Order The order would require various federal agencies, including the … Read more

BREAKING: White House creates Crypto Task Force: What it means for Crypto

[ad_1] Takeaways~ Crypto Task Force will be headed by the Department of Justice Appears to be targeting individuals and/or nation states Focused on large scale operations rather than protocols Mentions ‘mixing’ and ‘tumbling’ crypto News just broke that the White House has created a cryptocurrency task force called the “national cryptocurrency enforcement team’. The Biden … Read more

Attorney Breaks Down The Good, Bad, And Ugly Events To Expect From The Ripple vs. SEC Case This Month ⋆ ZyCrypto

Attorney Breaks Down The Good, Bad, And Ugly Events To Expect From The Ripple vs. SEC Case This Month

[ad_1] Advertisement &nbsp &nbsp Key takeaways Ripple files a motion that undermines the SEC DPP argument. The motion could mean that around 37 documents would have to be turned over by the SEC.  A conclusion to the case does not seem forthcoming.  While there is hope that the SEC vs. Ripple lawsuit might … Read more

Cardano Brings Revolutionary AI Robot to Blockchain

[ad_1] A story that didn’t garner much coverage this weekend was the announcement by IOHK, a branch of Cardano’s network, that they have “entered the age of AI” and have partnered to bring an AI healthcare robot to their blockchain. According to the announcement, Cardano welcomes Grace, an AI robot designed to “revolutionize global healthcare.” … Read more

The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress ⋆ ZyCrypto

The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress

[ad_1] Advertisement &nbsp &nbsp The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency … Read more

SparkPool ETH Miner Shuts Its Business Post Crypto Ban in China

[ad_1] SparkPool, considered to be one of the world’s largest miners of Ethereum, has just ceased operations as China’s crackdown intensifies. The mining pool of Ethereum shut down in China in the wake of the country’s decision to ban cryptocurrencies. This follows the People’s Bank of China (PBOC) declaring all crypto gambling to be unlawful. … Read more

Algorand Makes Major Protocol Upgrade

[ad_1] Algorand, the Layer 1 blockchain created by MIT professor Silvio Micali released a major protocol upgrade today, hoping to capitalize on the growing adoption of smart contract chains not named Ethereum. The Boston-based blockchain has released its virtual machine, the Algorand Virtual Machine (AVM) and it is live on mainnet, fully shipped. For the … Read more

As China Launches Fresh Attack On Crypto, Bitcoin Proponents Think It’s A Blessing In Disguise ⋆ ZyCrypto

Why PayPal Co-Founder Peter Thiel Believes China Could Be Weaponizing Bitcoin Against The U.S.

[ad_1] Advertisement &nbsp &nbsp As China Launches Fresh Attack On Crypto, Bitcoin Proponents assert Why It’s A Blessing In Disguise Why China’s fresh crackdown on crypto is the best thing to happen to the industry and will pay off significantly China has been a huge powerhouse in the cryptocurrency industry for much longer … Read more

University of Wyoming begins mining Bitcoin

[ad_1] As China continues to ban Bitcoin, the oldest crypto in the game is finding itself being spun up more and more in the United States, as certain politicians, like Wyoming’s Senator Lummis realize that her state and the country itself can take advantage of this massive moment to become the tip of the spear … Read more

Solana Announces What Was Really Behind Last Week’s “Frustrating” Outage

[ad_1] Solana Foundation posted a detailed post-mortem explaining what they believe was a denial-of-service attack.  #Altcoin #CRYPTO Crypto billionaire Sam Bankman-Fried calls solana’s 17-hour outage sad and frustrating – and says a stablecoin ban would hurt the industry | Currency News | Financial and Business News https://t.co/f3UL2lYEBN — BitcoinPress (@bitcoinpressuk) September 20, 2021 Last week … Read more