U.S. Senate leaders have postponed a planned vote on the CLARITY Act until September, pushing a major crypto legislative priority beyond the August recess. Summary Senate leaders postponed the CLARITY Act vote until September after Democrats withheld pre-recess procedural support. Thune said the crypto market structure bill will be queued when senators return in September.
Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that his partisans draw from that claim, the statement certainly carries a large amount of truth. What is a corporation, after all, but a certain group of people working together under a set of specific rules? When
Friday, 3 April: US Non-farm Payrolls (NFP) US March employment data is expected to show growth of between 40-85,000 jobs, with consensus sitting at 60,000. It will mark a welcome relief from February, which was negative 92,000, a sharp miss against the consensus expectation of positive 60,000, and was one of the worst prints relative
Telegram trading bots let users buy and sell tokens directly from a chat interface. This guide explains how they work, which bots dominate the market, and what risks come with handing a bot your private key. Summary Telegram trading bots are automated tools that connect to decentralized exchanges through the Telegram messaging app, letting users
In the first part of this series, we talked about how the internet allows us to create decentralized corporations, automatons that exist entirely as decentralized networks over the internet, carrying out the computations that keep them “alive” over thousands of servers. As it turns out, these networks can even maintain a Bitcoin balance, and send
Rarible has launched its NFT marketplace on Solana after months of development, naming Claynosaurz as its first featured collection. Summary Rarible is now live on Solana following several months of building and testing. Claynosaurz became the marketplace’s first featured Solana NFT collection. Rarible plans to add more Solana collections and marketplace features in the coming
Two things happened in CLARITY Act crypto regulation this week that point in opposite directions, and understanding both is essential to reading where policy risk sits in your portfolio right now. On August 4, the US Department of the Treasury published a joint statement with the United Kingdom outlining an expanded transatlantic digital asset framework
In the first two parts of this series, we talked about what the basic workings of a decentralized autonomous corporation might look like, and what kinds of challenges it might need to deal with to be effective. However, there is still one question that we have not answered: what might such corporations be useful for?
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915 BTC and 3,952 ETH at the end of June. Canaan had spent $2 million on
The purpose of this post is not to say that Ethereum will be using Slasher in place of Dagger as its main mining function. Rather, Slasher is a useful construct to have in our war chest in case proof of stake mining becomes substantially more popular or a compelling reason is provided to switch. Slasher
