New York's push to ban crypto mining triggers response from community

In a tweet, lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.”

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Stablecoin bill: expert reaction varies from ‘benefit the digital token economy’ to ‘stifle innovation’

Stablecoin regulation in the US could require stablecoin providers to maintain reserves that would back their coin on “at least one-to-one basis.” While major stablecoin entities like Tether (USDT) and USD Coin (USDC) already abide by this guideline, those that don’t risk a $1 million fee or up to five years in prison. The bill …

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OpenSea advanced NFT marketplace sparks mixed community reactions

In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem V2 into OpenSea Pro, triggering mixed responses from the community.  On April 4, OpenSea launched its advanced NFT marketplace aggregator OpenSea Pro. The platform introduced new features and tools and allowed users to list in [...]

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Coinbase going international sparks community reactions: ‘Crypto is global’

Amid regulatory struggles in the United States, crypto exchange Coinbase has decided to expand its business abroad with a global platform. Following the news, crypto community members expressed their opinions, with some criticizing the Securities and Exchange Commission (SEC) and others expressing confidence in crypto’s future.  On May 2, the exchange announced the launch of [...]

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Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%

The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data reveals LTC has declined over 4% in the past 24 hours. Halving Unshaken: Litecoin Network Sees [...]

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