advocates

USDC Stablecoin Depegging Causes Crypto Advocates to Worry as 5 Other Stablecoins Drop Below Parity

The recent depegging of the USDC stablecoin has caused a stir among cryptocurrency advocates, as five other stablecoins have also dropped below parity. Stablecoins are digital assets designed to maintain a stable value relative to a fiat currency, such as the US dollar. The recent depegging of the USDC stablecoin has caused concern among cryptocurrency advocates, as it is the first major stablecoin to lose its peg to the US dollar.The depegging of the USDC stablecoin has been attributed to a variety of factors, including market volatility and the increasing

Crypto Advocates Express Concern Over USDC Stablecoin Depegging, 5 Other Stablecoins Fall Below Parity

The recent news of USDC stablecoin depegging has caused a stir among crypto advocates. USDC, a stablecoin backed by the US dollar, recently fell below its $1.00 parity, causing concern among those who use it as a reliable form of digital currency. This is not the first time that a stablecoin has fallen below its parity, as five other stablecoins have also experienced similar drops in value. Stablecoins are digital assets designed to maintain a stable value relative to a fiat currency or other asset. They are often used as

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Drop Below $1

The recent depegging of the USDC stablecoin has caused concern among crypto advocates, with five other stablecoins dropping below the $1 mark. Stablecoins are digital assets designed to maintain a stable value, usually pegged to the US dollar or other fiat currency. The recent depegging of USDC, which is backed by the US dollar, has caused alarm among crypto advocates as it could signal a lack of trust in the asset. The USDC stablecoin is issued by the Centre Consortium, a joint venture between Circle and Coinbase. The coin is

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins See Decrease in Value Below Parity

The recent news of USDC stablecoin depegging from its one-to-one parity with the US Dollar has caused concern among crypto advocates. This is because the USDC is one of the most popular stablecoins in the crypto space, and its depegging has caused a decrease in value for five other stablecoins below their one-to-one parity with the US Dollar.Stablecoins are digital assets that are designed to maintain a stable value relative to a fiat currency, such as the US Dollar. They are often used as a way to store value, facilitate

Delaware House Passes Bill to Legalize Recreational Marijuana

On June 30th, 2020, Delaware made history by becoming the first state in the mid-Atlantic region to legalize recreational marijuana use. The Delaware House of Representatives passed a bill that will allow adults 21 and over to possess and use marijuana for recreational purposes. This bill is expected to be signed into law by Governor John Carney in the near future. The bill will allow adults to possess up to one ounce of marijuana and up to six marijuana plants for personal use. It also creates a system of licensed

Justice Department to Appeal Ruling on Gun Rights for Cannabis Users

The U.S. Justice Department is appealing a ruling by a federal judge that would allow medical marijuana users to legally possess firearms. The ruling, handed down in April by U.S. District Judge Beth Bloom in the Southern District of Florida, found that the federal ban on gun ownership for cannabis users violates the Second Amendment. The Justice Department is arguing that the ruling is wrong and that the federal ban should remain in place. The department contends that marijuana users are more likely to be involved in violent crime, and

Hemp Industry Advocates Request Modifications to Governor’s Proposed Sales Regulations

The hemp industry is a rapidly growing sector of the economy, and advocates of the industry are pushing for modifications to the Governor's proposed sales regulations. Hemp is a versatile plant that can be used for a variety of products, including food, clothing, and paper. However, the Governor's proposed regulations could potentially limit the growth of the hemp industry in the state. The proposed regulations would require hemp producers to obtain a license from the state in order to sell their products. This would involve significant paperwork and fees, which

Biden Administration to Veto Senate Rule Prohibiting ESG Investments

The Biden Administration has recently announced that it will be vetoing a Senate rule that would prohibit Environmental, Social, and Governance (ESG) investments. This rule was proposed by the Senate Banking Committee and would have prohibited banks from investing in ESG-related activities. This move is seen as a major victory for ESG advocates, as it will allow banks to invest in companies and projects that prioritize environmental and social issues. ESG investments have become increasingly popular in recent years, as investors have become more aware of the need to prioritize

Coinbase CEO Advocates for US-Backed Stablecoin in Opinion Piece

In a recent opinion piece, Coinbase CEO Brian Armstrong has advocated for the United States to create a US-backed stablecoin. A stablecoin is a type of cryptocurrency that is designed to maintain a stable value, usually by being backed by an asset such as a fiat currency or commodity. Armstrong believes that the US should be at the forefront of this technology and create a stablecoin that could be used for international payments and other financial transactions. Armstrong believes that the US should create a stablecoin that is backed by

Egyptian Piracy Site Osiris Resurrected After Being Shut Down

In recent news, the infamous Egyptian piracy site Osiris has been resurrected after being shut down by authorities in 2019. Osiris was one of the most popular piracy sites in the Middle East, offering users access to a wide range of pirated content, including movies, music, and software. The site was shut down after a lengthy legal battle between the Egyptian government and the site's operators.Despite its closure, Osiris has managed to make a comeback. The site has been relaunched with a new domain name and is now operating as

Bankless Podcast Hosts Reportedly Securing $35M for Crypto Venture Fund

The world of cryptocurrency has seen a lot of exciting developments in recent years, and one of the most recent is the news that the hosts of the popular Bankless podcast have reportedly secured $35 million for a crypto venture fund. The fund, which is being led by the podcast’s hosts, Anthony Sassano and Ryan Adams, is said to be backed by some of the biggest names in the crypto world, including Andreessen Horowitz, Polychain Capital, and Coinbase Ventures. The fund will be used to invest in early-stage blockchain projects,

Sources Report Bankless Podcast Hosts Raising $35M Crypto Venture Fund

In a recent development, the hosts of the popular Bankless podcast, David Hoffman and Ryan Adams, have announced the launch of a $35 million crypto venture fund. This fund, called Mythos Capital, is designed to invest in early-stage blockchain projects and will be managed by Hoffman and Adams. This move marks a major milestone for the crypto industry, as it demonstrates the increasing interest in blockchain technology from established investors. The fund will be backed by a number of prominent investors, including Andreessen Horowitz, Polychain Capital, and Coinbase Ventures. It