Concerns over Fed nominee may stop Senate from confirming Biden’s picks: Report

Members of the U.S. Senate Banking committee have reportedly divided along party lines regarding President Joe Biden’s pick of Sarah Bloom Raskin as vice chair for supervision for the Board of Governors at the Federal Reserve. According to a Tuesday report from Reuters, Senator Pat Toomey, the ranking member on the Senate Banking Committee, said he had asked the 12 Republican senators on the committee to not attend a meeting in which members were expected to vote on President Biden’s nominees for the Fed. Toomey reportedly said that Democratic leadership…

Bitcoin Breaks Above $44K, Can Bulls Push Price To Next Level?

Bitcoin has managed to break above considerable resistance and now trades just north of the $44,000 mark. The first crypto by market cap took another swing at the low of its current levels, after a rejection near the $46,000 mark. BTC with bullish momentum on the daily chart. Source: BTCUSD Tradingview As NewsBTC has been reporting for the past weeks, Bitcoin was poised to see a relief rally, at least in the short term, when it reached the high area around $30,000s. Although the situation between Russia and Ukraine seems…

Monero community concerned as leading mining pool nears 51% of ecosystem’s total hash rate

On Tuesday, privacy coin Monero (XMR) mining pool MineXMR’s hash rate surpassed over 1.4 GH/s, accounting for 44% of the hash rate of the XMR network. MineXMR has about 13,000 miners and charges a 1% pool fee. According to a screenshot from Archive.org last August, the pool only contributed to 34% of the hash rate of the XMR network. The rapid rise in the network’s hash rate has spooked some XMR enthusiasts, with Reddit user u/vscmm writing: “We need to talk with MineXMR to take some action right now! Please…

Radix is About to DISRUPT the Cryptocurrency Market in 2022 (BE READY) | Piers Ridyard Interview

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is Radix? How big could DeFi on Radix get? Today we talk about decentralized finance in the crypto market w/ Piers Ridyard, CEO of Radix! SLAP THE LIKE BUTTON! 👋 Check out Radix: This video is for informational purposes only. DYOR. Follow Radix on Twitter: Follow Piers on Twitter: Why Radix is about to CHANGE Cryptocurrency FOREVER (1000x MORE SECURE) Altcoin Daily, the best cryptocurrency news media online! Is bitcoin a good investment 2021? What will bitcoin be worth in 2030?…

What are the top metaverse projects besides The Sandbox and Decentraland?

This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive 3D world via nonfungible tokens (NFTs) and is also based on the massively popular Unreal Engine 5. Following Bourgi, we have The Market Report first-timer Hernández, who has decided to go with Boson Portal, which…

Hacker Scoops Up $2 Million Bounty After Spotting Fatal Flaw In Ethereum Rollup

A hacker has made off with $2 million in bug bounty after finding an alarming vulnerability with the Ethereum network. This bug could have been very bad if it had been found by black hat hackers who could have exploited the digital asset for billions of dollars worth of ETH. Instead, a ‘grey hat’ hacker popularly known as Saurik informed the Ethereum team of the vulnerability, netting himself a sizable reward in return. Finding The Vulnerability On Ethereum Hacker Saurik had found the vulnerability on Optimism, an Ethereum layer 2…