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The state Fair Political Practices Commission has reversed a 2018 prohibition that arose from transparency and KYC concerns, while seven states still have a ban. Go to Source Powered by WPeMatico
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. … Read more
“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga. Go to Source Powered by WPeMatico
“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. Go to Source Powered by WPeMatico
Greg Tanaka is an entrepreneur and DeFi developer who wants to make crypto a legal tender. Go to Source Powered by WPeMatico
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. Go to Source Powered by WPeMatico
Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption. Go to Source Powered by WPeMatico
The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions. Go to Source Powered by WPeMatico
Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with “buying, owning, and trading cryptocurrencies, NFTs, and tokens.” … Read more
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. … Read more
