Author: CryptoHoppers

Eligible voters in the US reveal their stand on cryptocurrencies in new Poll. Cryptocurrencies could be used to sway voters in  the next US general elections. 37 percent of Texas residents, or roughly 10.8 million people would support legislation to make Cryptocurrency legal for payments in their state according to a new poll by UK-based survey firm Redfield & Wilton Strategies. Texas, the second-largest state in area and population shared the percentage with Wisconsin, while 28 percent of voters in Arizona also expressed pro-crypto legislation sentiments. Additionally 42 percent of voters in Texas and 25 percent in Arizona showed support…

India, the world’s fifth-largest economy, has expressed interest in using blockchain technology to improve its democratic process and will start mock trials soon according to the country’s Chief Election Commissioner.In a message to commemorate the 11th national voter’s day, Chief Election Commissioner Sunil Arora announced that testing will be soon conducted for the country’s new remote voting program.India’s move to tap blockchain technology for voting comes at a time when many people around the world are looking for more transparency in voting systems.India Celebrating Democracy with Good News for BlockchainThe Indian Election Commission partnered with the Indian Institute of Technology…

Blockchain cybersecurity firm Halborn uncovers that over $25 billion of crypto assets are at risk of “zero-day” security vulnerabilities found in more than 280 blockchains. Crypto investors could end up losing billions in crypto due to hacking taking advantage of the security vulnerabilities. In an official blog on March 13, Halborn claims that it found several critical and exploitable vulnerabilities impacting the Dogecoin open-source network last year. The Dogecoin team has since fixed the vulnerabilities reported by Halborn. However, Halborn identified the same vulnerabilities in more than 280 other networks including Litecoin and Zcash, which have been patched. Halborn has…

Ethereum is about to complete its highly-anticipated transition to a proof-of-stake model with the upcoming Shanghai upgrade on April 12. The event has captured the attention of the crypto community, as users who staked their ETH will soon be able to withdraw their assets and accumulated rewards. However, as withdrawal queues are expected to be lengthy, the process may take several weeks for some.Here’s an in-depth look into the proceedings to provide you with all the clarity you require! Read on. The Road to ‘Unstaking’Ethereum’s journey to proof-of-stake has been a monumental event in the crypto space. With over 18 million…

More than 80 businesses are interested in setting up presence in Hong Kong as it strives to become a leading Web3 hub. Several crypto businesses worldwide have been paying “attention” to Hong Kong. Hong Kong has received interest from more than 80 mainland and foreign crypto companies to set up shop in the country as it works to establish itself as a premier Web3 hub. Christian Hui, the Secretary for Financial Services and the Treasury, claimed in a speech on March 20 that, since October 2022, Hong Kong has been gaining “attention” from various crypto enterprises globally. Hui further stated…

David Marcus, the Libra co-creator, has revealed new updates to the project’s white paper as the Association tries to navigate regulatory hurdles in launching the payment platform.Since its emergence, the digital payments project has drawn a steady stream of criticism from regulators and government officials across the world with some organizations even calling for measures to tightly regulate global stablecoins.Countries like China have also moved forward with plans to launch their own sovereign digital currency in response to Facebook’s Libra project with reports of testing already underway in four cities across the country. Stakeholders in Asia Pacific, Europe, and the…

Warren wants the Office of The Comptroller of Currency (OCC), the Fed, and FDIC to collaborate and develop an alternative approach for the crypto industry to protect investors. Recent events have prompted US crypto critics to call for more regulatory oversight of the crypto industry. One of the top crypto antagonists in the US, Senator Elizabeth Warren, hasn’t backed down from her anti-crypto stance. In her latest effort, she is attempting to cut ties between crypto and wall street. As a member of the Senate banking committee, Warren wrote a letter to her committee members and urged them and other…

Following through on his claim from yesterday, Twitter owner and current CEO Elon Musk today announced that Linda Yaccarino will join from NBCUniversal to take over the CEO role.Yaccarino is NBCUniversal’s Chairman of Global Advertising and Partnerships, and her expected hiring was first reported by The Wall Street Journal on Thursday amid talks for Twitter’s top job.According to Musk’s tweet today, Yaccarino “will focus primarily on business operations, while I focus on product design [and] new technology,” he wrote. Looking forward to working with Linda to transform this platform into X, the everything app,” he added. I am excited to…

A recent survey tapped into a crypto-native community to determine what could be in store for the industry this year. Identifying high-quality cryptocurrencies and blockchain applications requires both guts and foresight, which is why early crypto adopters could be a good gauge of what’s to come in 2023.Over 1,000 people participated in the survey and shared what they were worried about and excited about this year.More than half of respondents identified DeFi as the category of projects they want to see most on CoinList. Layer-1 and layer-2 blockchains were the second most in-demand category, followed by gaming. Cross-chain infrastructure ranked…