Today in crypto, a US Senate committee released a crypto bill, the US allowed crypto funds to participate in staking, and the Bank of England opened consultations on its proposed stablecoin framework. Senate Ag Releases Crypto Market Bill The U.S. Senate Agriculture Committee released its long-awaited discussion draft of crypto market structure laws on Monday, … Read more
The US Senate Agriculture Committee has released its highly anticipated discussion draft of crypto market structure laws, moving Congress closer to passing legislation outlining how the crypto industry will be regulated. Republican Agriculture Chairman John Boozman and Democratic Sen. Cory Booker released the draft Monday, which includes brackets around sections of the bill that lawmakers … Read more
The native token behind Uniswap rose more than 38% after the Uniswap Foundation and Uniswap Labs presented a proposal to make holding the token more attractive to investors. Potential changes outlined in the “UNIfication” proposal include enabling a protocol-level fee mechanism to burn Uniswap (UNI) tokens and creating a discounted protocol fee auction system to … Read more
Australian company Propanc Biopharma announced it has secured up to $100 million from a crypto-focused family office to launch a crypto treasury – a move its CEO called “transformative” as its cancer therapy product enters human trials next year. The private placement, structured through convertible preferred stock, provides Propanc with an initial investment of $1 … Read more
Payment processor Square has launched its Bitcoin payments feature for sellers, allowing them to sign up and accept Bitcoin (BTC) at checkout through its point-of-sale system. Jack Dorsey, co-founder of Block, which owns Square, said in an X article on Monday that with the new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin … Read more
Bitcoin OG Willy Woo suggested a way to protect your Bitcoin until there is a solution to the Bitcoin quantum threat: keep your Bitcoin in a SegWit wallet for about seven years. Quantum computing is a long-feared (and debated) inflection point for the crypto industry. It has been theorized that computers capable of breaking encryption … Read more