If spot ETFs for proof-of-stake chains launch without staking we could go backwards

The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory requirements creates a paradoxical situation that could potentially harm the very networks these investment vehicles aim to represent. At the core The post If spot ETFs for proof-of-stake chains launch without staking we could go backwards appeared first on CryptoSlate.

Continue ReadingIf spot ETFs for proof-of-stake chains launch without staking we could go backwards

Coinbase sues SEC in ‘reverse UNO’ move on crypto transparency – reports

Coinbase has taken a bold step in its ongoing struggle with financial regulators. As Fox Business reported, the company has filed lawsuits against both the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a Washington, DC district court, seeking access to internal documents related to crypto regulation. According to Fox The post Coinbase sues SEC in ‘reverse UNO’ move on crypto transparency – reports appeared first on CryptoSlate.

Continue ReadingCoinbase sues SEC in ‘reverse UNO’ move on crypto transparency – reports

Just 41 US politicians now ‘strongly against’ crypto with 310 ‘strongly supportive’

Bipartisan crypto support within the US government is increasing, with significant implications for the future of crypto regulation and policy. While Republicans still dominate the pro-crypto side of the aisle, the negative sentiment toward the industry appears to be deflating. In total, 310 US politicians strongly support the crypto industry, while only 41 are firmly The post Just 41 US politicians now ‘strongly against’ crypto with 310 ‘strongly supportive’ appeared first on CryptoSlate.

Continue ReadingJust 41 US politicians now ‘strongly against’ crypto with 310 ‘strongly supportive’

Buterin argues for blockchain as defense against ‘efficiency’ of Authoritarian regimes

The most recent episode of the Bankless podcast discussed the potential advantages of authoritarian regimes in the 21st century. The argument stems from the idea that the Chinese and Russian governments allocate significant resources to promote their narratives while the US government takes a more hands-off approach. In the episode, hosts Ryan Sean Adams and The post Buterin argues for blockchain as defense against ‘efficiency’ of Authoritarian regimes appeared first on CryptoSlate.

Continue ReadingButerin argues for blockchain as defense against ‘efficiency’ of Authoritarian regimes

Bitcoin whale pays off almost all Assange’s $500k jet fees in single transaction

Julian Assange, the founder of WikiLeaks, has received significant financial support from donors to cover the costs of his journey to freedom, as discovered by Alistair Milne, CIO of Altana Digital Currency Fund. As Assange prepares to return to Australia following his plea deal with US authorities, his wife Stella launched an urgent appeal for The post Bitcoin whale pays off almost all Assange’s $500k jet fees in single transaction appeared first on CryptoSlate.

Continue ReadingBitcoin whale pays off almost all Assange’s $500k jet fees in single transaction