CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team – Press release Bitcoin News

press release PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional cryptocurrency exchange service provider, announced on last Saturday that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market development at one time. This CET token burn is the highest one ever carried out by the exchange. After this burn, the total circulation is 4.34 billion CET, with a market capitalization of approximately 113 million USD. At present, the amount of CET…

Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team

The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations.  The Blockchain Association has been one of Washington, D.C.’s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph’s Top 100 list.  Hammond, meanwhile, cut his teeth working on crypto policy for Representative Warren Davidson, most notably the Token Taxonomy Act, which is also the origin of the relationship with the Blockchain Association. It was at Davidson’s roundtable for crypto…

ICO Technology team strengthened with new appointment

The Information Commissioner’s Office (ICO) is pleased to announce that a new Director of Technology and Innovation has been appointed. Stephen Almond joins the ICO from the World Economic Forum, where he worked with governments and technology firms to promote the adoption of a more agile, innovation-enabling approach to regulation. Prior to that, Stephen spent two years as Head of Strategy and Innovation at the Better Regulation Executive in the Department for Business, Energy, Industry and Strategy where he led the team that developed the UK’s White Paper on Regulation…

The New Bitcoin Fork, BTCU has revealed its Team to the World Led by Eric Ma, the CEO and Joined by Two Famous Advisors

The Bitcoin Ultimatum (BTCU) team has announced the appointment of a famous blockchain figure, Eric Ma, as the CEO of the project. Recently, Ma was one of the most influential employees of Coinmarketcap. Prof-it blockchain is the developers of BTCU, with the support of Coinsbit cryptocurrency exchange. In anticipation of the upcoming fork, they have decided to introduce their team to the world which includes global blockchain industry advocate, Dinis Guarda and Juliet Su. Combining Bitcoin and Ethereum best features The BTCU team faces severe challenges. This is about improving…

Yearn.finance team proposes $225 million YFI token mint

After a week of at times rancorous debate, an 11-author team of Yearn.finance core contributors and community members have submitted today a proposal to increase the supply of YFI by 6666 tokens — a quantity worth roughly $225 million at today’s prices. The proposal is the culmination of a wider discussion about developer incentives for decentralized finance’s (DeFi) original yield vault project. While the Twitter discourse revolved around memes and namecalling, on Yearn’s governance forum debate of the pros and cons of a mint were far more sophisticated. Community members…

Biden team announces pick to lead SEC

President-elect Biden’s team recently unveiled additional folks it plans on nominating for various positions after the inauguration on Wednesday.  One key pick is Gary Gensler as Chairman of the Securities and Exchange Commission, or SEC, according to a statement from Biden’s transition team on Monday. On Jan. 12, Reuters reported on anonymous sourcing forecasting Gensler as Biden’s choice. Today’s statement from the Biden team confirms the President-elect’s expected choice. “Gary Gensler served as chairman of the U.S. Commodity Futures Trading Commission from 2009 to 2014,” the statement said. Coming immediately…

Compute North, Foundry Team Up to Target North American Bitcoin Miners

Two cryptocurrency mining companies want to make it easier for businesses in North America to mine bitcoin. Minnesota-based Compute North has allocated hosting facilities and 47 megawatts (MW) of power for 14,000 Whatsminer M30S mining machines supplied by New York-based Foundry Digital as part of an agreement to provide a “turnkey” hosted mining solution. (Foundry is a subsidiary of CoinDesk parent company Digital Currency Group.) Foundry has hosted mining devices with Compute North for over a year, according to Foundry CEO Mike Colyer. This latest batch of miners sent to…

Cointelegraph art team limited edition NFT drop

When you ask someone what superpower they’d most like to have, they usually come up with the ability to fly, or to read thoughts, or maybe to see through multiple layers of clothing. This year, all we wanted was the ability to hibernate. Imagine! Going to sleep sometime around the Australian wildfires… taking a peek outside in mid-March and thinking “Ooooh, no, not sure about this at all” and cuddling up in a warm, happy bed until the U.S. election was over. But think what you would have missed in…

Everledger and Glasgow Uni team up to fight counterfeit Scotch Whisky

The University of Glasgow’s Scottish Universities Environment Research Centre, or SUERC, is joining forces with supply chain company Everledger to tackle counterfeiting within the whisky industry, according to a Dec. 18 post. The market for collectable single malt Scotch whiskies reached over £57 million ($77 million) in 2018. However, SUERC researchers estimate that up to 40% of bottles currently in circulation could be fake. Using radiocarbon dating, and unprecedented access to rare whisky samples, SUERC has developed a method to determine the age of all types of vintage whiskies, accurate…