The new law, signed by Governor Ron DeSantis, also urges other states to take action against the potential introduction of CBDCs through their commercial codes. Source: https://cointelegraph.com/public/index.php/news/florida-governor-signs-cbdc-bill-into-law-restricting-some-uses-of-us-and-foreign-cbdcs
Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States lawmakers and industry leaders In a May 12 blog post, Coinbase said its Global Advisory Council would aim to navigate the “increasingly complex and evolving” crypto landscape globally. Former Pennsylvania Senator Patrick…
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology. Source: https://cointelegraph.com/app/public/index.php/news/lufthansa-eurowings-other-travel-industry-players-push-forward-with-web3
Florida Governor Ron DeSantis signed a bill on Friday banning the use of a “centralized digital dollar,” otherwise known as a central bank digital currency or CBDC, in the state. DeSantis has been relentless in his attacks on a CBDCs, saying last week that they were part of “woke politics” that he wants to combat. Now the portion of Florida…
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. Elon Musk to Leave CEO…
When’s the last time you saw a meme coin at a table tennis match? The International Table Tennis Federation (ITTF) has announced a partnership with cryptocurrency Floki (FLOKI), for the ITTF World Table Tennis Championship Finals to be held from May 20-28 in Durban, South Africa. “We are delighted to announce this partnership with Floki, which marks a significant milestone…
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16…. Source: https://cointelegraph.com/app/public/index.php/news/crypto-venture-capital-investment-q1-2023-report-pitchbook
BTC price action is now retesting its key 200-week moving average after holding it as support since March. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-enters-26k-bearadise-as-btc-price-approaches-2-month-lows
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. Today’s show starts by discussing the economic crisis in Argentina, a Latin American country that is experiencing hyperinflation. After years of…
A proposal seeking to apply a “One Brand, One token” principle has been pushed to a vote on BitDAO’s Snapshot, calling for substituting BitDAO’s token (BIT) under a new governance token. Snapshot serves as an off-chain governance voting platform for decentralized autonomous organizations (DAOs) and other blockchain projects. According to proposal BIP-21, the BitDAO ecosystem — governance (BitDAO) and product…
