Senate Chair Proposes Combining Stablecoin Bill for Passage

Senator Sherrod Brown, who chairs the Banking Committee, is proposing merging a stablecoin bill with unrelated legislations to increase its likelihood of being approved. By doing so, he not only expresses his perspective on the issue but also safeguards the crypto industry’s progress. According to Bloomberg’s report, Brown might back a bill concerning stablecoins if … Read more

XRP Advocate Deaton Could Intervene in Coinbase-SEC Dispute

John Deaton, an advocate for XRP, is strongly committed to joining Coinbase’s ongoing court case. This action demonstrates his firm belief in amplifying the power of cryptocurrency owners and investors by shedding light on the relevant matters at hand. Deaton, well-known for his criticism towards the SEC’s approach to regulating cryptocurrencies, strongly believes that the … Read more

Drift Protocol Announces 100M DRIFT Airdrop for Solana DEX

Drift Protocol, a decentralized exchange built on Solana, has unveiled its new governance token named DRIFT and initiated an airdrop distribution for its users. This incentive program lasts for three months, designed to boost engagement within the Drift Community. Of the total DRIFT tokens, approximately 10% or 100 million equivalents will be distributed through this … Read more

Iraq’s Flare Gas Capture Plan Fuels Crypto Mining Speculation

Muhammad Ali Tamim, Iraq’s Deputy Prime Minister, held discussions with U.S. Secretary of State Antony Blinken to examine possibilities for future collaboration. Iraq is taking steps to minimize the release of harmful flare and tail gas, a byproduct of oil refining. Can Iraq become a significant player in the expanding Bitcoin mining industry? This is … Read more

Google Opens Branch in El Salvador Amid Crypto Adoption

Google, known for its technology leadership, announces its entrance into El Salvador to support the country’s digitalization efforts. This move comes after El Salvador’s decision to offer citizenship to 5,000 skilled tech professionals. Bienvenido a El Salvador, @Google. 👋🏼🇸🇻 — Casa Presidencial 🇸🇻 (@PresidenciaSV) April 16, 2024 Google collaborates with El Salvador on initiatives to … Read more