Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies. After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force. The...Continue Reading

Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector. One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international...Continue Reading

Finding a million reasons why blockchain won’t succeed turned out to be one of the biggest innovations in the last 500 years. You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it...Continue Reading

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Fed hikes interest rates by 50 basis points in effort to...Continue Reading

Bitcoin price action steadies, but things still look ugly for those with major skin in the game. Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro...Continue Reading

The U.S. continues to be a global leader in regulating and embracing the cryptocurrency industry, but the Stablecoin TRUST Act may set up some barriers for newcomers. The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at...Continue Reading

The total value locked inside the Anchor Protocol’s liquidity pools reached an all-time high earlier this week. Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months.  Pullback risks ahead ANC’s price rebounded by a little over 42.50% between May 1 and May 6, reaching...Continue Reading

Splitting the transaction into multiple smaller transactions, periodic auction matching, and adjusting the low slippage are various ways to avoid front-running. Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach,...Continue Reading

Binance is expected to reintroduce the derivatives option only after receiving regulatory approval in the form of a guarantee certificate from the Bank of Spain. Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate...Continue Reading

Today, our personal data gets breached, monetized and even weaponized against us, but decentralized solutions are granting full control over users’ information back to users. As the Fair Data Society puts it, we are laborers in the data economy. Our personal data — basically, the digital blueprint of our lives — gets collected by platforms...Continue Reading