Cryptocurrency Analysis and News Portal
United States Representative and crypto-friendly lawmaker Patrick McHenry has been appointed as interim House Speaker after the high-profile ousting of U.S. House speaker Kevin McCarthy. McCarthy’s ousting came after a 216-210 vote by Congress, with eight of the 216 votes coming from McCarthy’s fellow Republicans, marking the first time a
Read More
While House Republicans seek a permanent replacement for their just-ousted Speaker of the House Kevin McCarthy (R-Calif.), McHenry will serve as McCarthy’s temporary replacement. The chairman of the House Financial Services Committee has been hard at work since last year on a number of crypto bills, and having McHenry in
Read More
The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit's dismissal. In a recent update, a fresh attorney, Patrick V. Kennedy, has entered the fray, seeking court approval to represent the Chamber of Digital Commerce as amicus counsel.In
Read More
United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a stablecoin bill.In a July 27 hearing, Rep. McHenry said the version of the Clarity for Payment Stablecoins Act, H.R. 4766, being considered for markup was
Read More
In his post, Chang noted that venture capital money poured into the crypto industry in 2021, and the focus was on the so-called application layer of Web3, or decentralized applications (dapps) that helped onboard users into areas such as non-fungible tokens (NFTs) and decentralized finance (DeFi). As the bull market
Read More
Sen. Cynthia Lummis (R-Wyo.), the other panellist during the session, said she looked forward to coordinating those efforts with McHenry, adding that the House had a better chance than the Senate at getting legislation through earlier. She said if the House moves first on crypto, it would "improve our chances"
Read More
Today, Wednesday 15 March, the Government has published its response to Sir Patrick Vallance’s Pro-Innovation Regulation of Technologies Review. The ICO has issued the following statement: An ICO spokesperson said: "Given the opportunities that AI offers, we know we have a
Read More
With the advent of cryptocurrency and related technologies, and with the failure of the existing banking-centric monetary architecture to address inequities and avoid financial crises, the one thing people tend to agree on is that our system of money needs an overhaul, specifically an upgrade to meet the needs of
Read More
Patrick Mahomes led the Chiefs to their first Super Bowl win in 50 years in Miami. The 24-year-old Chiefs quarterback is the youngest ever to win Super Bowl MVP. It’s not too early to begin comparing him to Tom Brady. As Patrick Mahomes surveyed the scenes around him following the Kansas City Chiefs’
Read More
After selling off all of his Overstock shares, former CEO Patrick Byrne is reportedly still holding a major stake in tZero, Overstock’s crypto token platform.Byrne still owns 63,775 shares in tZeroOverstock’s 2019 notice of special meeting and proxy statement, filed with the United States Securities and Exchange Commission (SEC)
Read More