Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI. Makerdao Proposes Changes to Limit Exposure […]

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Majority of Voters Want More Crypto Regulation — See Digital Assets as Long-Term Part of Economy, Survey Shows

Majority of Voters Want More Crypto Regulation — See Digital Assets as Long-Term Part of Economy, Survey ShowsA new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” said the Crypto Council for Innovation. Voters Want More Cryptocurrency Regulation The Crypto Council for […]

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Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTXCrypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair Bolsonaro’s second term as head of state is far from certain. FTX Launches […]

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India’s Election Commission Developing Blockchain System for Voting

India’s Election Commission Developing Blockchain System for VotingThe Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore, the commissioner has proposed to link voter IDs with Aadhaar. […]

The post India’s Election Commission Developing Blockchain System for Voting appeared first on Bitcoin News.

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Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be LegalClovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing. Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of […]

The post Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal appeared first on Bitcoin News.

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