US Senate Crypto Hearing Key Takeaways: Blockchain Is ‘Inevitable’

A recap of U.S. Senate’s crypto hearing: discussions about financial inclusivity, potential benefits of crypto and more criticism of Facebook’s Libra… On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of […]

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Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

The Supreme Court of Nova Scotia ordered to approve the activities, fees and disbursements incurred by firms in the ongoing proceedings of QuadrigaCX. The Supreme Court of Nova Scotia, Canada, has approved over $1.6 million in fees for parties seeking funds from former Canadian cryptocurrency exchange QuadrigaCX, according to recently released court documents. Justice Darlene […]

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Huobi Partners With Global Digital Finance to Develop Crypto Standards

Cryptocurrency exchange Huobi partnered with industry membership body Global Digital Finance to develop crypto standards. Cryptocurrency exchange Huobi announced that it partnered with industry membership body Global Digital Finance (GDF) to develop crypto standards in a press release shared with Cointelegraph on July 31. Per the release, the exchange has joined major crypto companies Circle, […]

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Token Burning, Explained

Discover what token burning is and how it works, and why blockchain projects are so eager to use the process amid revenue gains… Do token holders really benefit from token burning? While projects themselves gain significant advantages from burning their tokens, the process isn’t a zero-sum game. Token holders also benefit in several ways from […]

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