The US House Armed Services Committee’s latest National Defense Authorization Act (NDAA) draft for fiscal year 2025 includes significant provisions for exploring blockchain technology’s role in national security and defense applications. A committee-approved draft was sent to the full House for consideration, and the Senate Armed Services Committee advanced it to the Senate floor on The post US Armed Services ramp up exploration of blockchain for military use appeared first on CryptoSlate.

Republicans have included Bitcoin and crypto in their official platform for the 2024 election which is set for a final vote July 9, according to the Hill. The inclusion of crypto and Bitcoin reflects former President Trump’s recent statements and a broader shift within the party toward embracing digital assets and blockchain technology. Per the The post Bitcoin to be added to official Republican 2024 platform after today’s vote appeared first on CryptoSlate.

Smart contract proxy upgradeability allows developers to update the logic of deployed smart contracts while preserving the contract’s state and address. This provides flexibility to fix bugs or add features but also introduces potential risks. Smart contracts, self-executing agreements on blockchain networks, traditionally operate as immutable code once deployed. This immutability is a cornerstone of The post Understanding the pros and cons of smart contract upgradeability in DeFi appeared first on CryptoSlate.

Tether USDT’s 24-hour trading volume exceeds the combined total of the following five digital assets, including Bitcoin and Ethereum. Reflecting on Tether’s dominance in trading volume provides insight into market liquidity. As CryptoSlate data indicates, Tether (USDT) maintains a higher volume than Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Solana (SOL), and First Digital USD The post Tether 24 hour trading volume surpasses Bitcoin, Solana, USDC and Ethereum combined appeared first on CryptoSlate.

Last night’s landslide victory of the UK’s Labour Party in the general election saw little to no mention of Bitcoin, blockchain, or digital assets. Leading up to the election, the party’s manifesto remained silent on crypto or Bitcoin at a time when the topic is becoming increasingly prevalent in the US election race. However, Labour’s The post The UK could be the first country to design CBDCs to help people not banks appeared first on CryptoSlate.