Check out the interview below, which covered key points about MiCA, some proposed legislative provisions proving to be more controversial than others, such as decentralized finance (DeFi) remaining out of scope, rules administered through self-executing smart contracts (Lex Cryptographia), decentralized autonomous organizations (DAOs) and more.Continue Reading on Coin Telegraph More
While the report showed a general rise in gamers’ interest in P2E games, there was significant feedback from the respondents. What Does the Newzoo Survey Say About Blockchain Games?The survey, taken by 4,569 respondents, focused on what gamers expect from crypto games and how they could be more accessible to everyone. Here are the highlights:Further, the report also featured some obstacles that hindered the growth of blockchain games.Here are some of them: On the FlipsideWhy You Should CareYou may also like: Blockchain Gaming Is Defying the Crypto Bear Market, Reports DappRadarContinue reading on DailyCoin More
Former finance minister Sunak is up against foreign minister Liz Truss to succeed Prime Minister Boris Johnson next month, when the winner will take charge of an economy facing prolonged recession and battling soaring energy price-driven inflation.”The first rule of any crisis is to acknowledge that you are facing one. We are facing an energy crisis,” Sunak said in a statement on Saturday.”I will support people that need urgent help to pay their bills this winter. Failure to do this would push millions, including many pensioners, into a state of destitution.” Sunak is seeking to use the public clamour for more help on energy to make his argument against immediate tax cuts more palatable, while his rival continues to argue that lowering taxes as soon as possible is the best way out of the current squeeze.Sunak has gone beyond Truss by promising to increase an existing 15 billion pound ($18.20 billion) support package aimed at helping Britons cope with energy costs that are forecast to rise by 150% from current levels by April 2023.Yet opinion polls put Truss far ahead of Sunak in the race to win a majority of votes among members of the ruling Conservative Party who are voting by post, with a result due on Sept. 5.Truss has faced criticism from political opponents and charities for appearing to rule out further “handouts” and, seeking to appeal to fiscally conservative party members, has not committed to increasing direct payments to consumers. She says she would do everything possible to ensure people can pay their bills, and has promised to lift some environmental surcharges.Sunak fleshed out his plans on energy by saying that he would deregulate North Sea fossil fuel production, cut energy waste by insulating more homes, and reform licensing around offshore wind, solar and nuclear energy generation. ($1 = 0.8244 pounds) More
The long-awaited Merge looks to be ahead of schedule, with Ethereum core developers Tim Beiko and Terence Tsao agreeing on a developer call Thursday to tentatively set the date of the Merge for Sept. 15. The previously estimated date from Beiko was Sept. 19, and suggested that the final preparation work is going smoothly after the final Goerli testnet merge went off without a hitch this week.Continue Reading on Coin Telegraph More
Among a sample of 450 party members who had decided how they would vote in the ongoing leadership election put Truss, who other polls have also shown to be the clear frontrunner, on 61%, with former finance minister Sunak on 39%, Opinium said.The roughly 200,000 members of the ruling Conservatives are voting to decide on a replacement for Prime Minister Boris Johnson, who after a series of scandals and a parliamentary rebellion said in July he would step down once the party chooses a replacement.The overall sample size, including those who did not express a voting preference, was 570. Less than a third of them, 29%, said they had already voted and a further 47% said they had made up their mind. Only 19% said they might still change their mind. The leadership vote is taking place by postal ballot, with a winner due to be announced on Sept. 5. The poll was conducted between Aug. 8 and Aug. 12. The poll shows that the top three reasons for supporting Truss were a dislike of Sunak, the perception that she was more trustworthy, and that she had remained loyal to Johnson. Sunak’s resignation helped trigger Johnson’s downfall.Sunak supporters said he was better on the economy and the most competent or intelligent of the two candidates.The pollster said they had observed ‘Johnson nostalgia’ among party members, pointing a finding that 63% would rather Johnson remained in charge rather than Truss take over. The preference for Johnson over Sunak was even stronger at 68%. More
Against this backdrop, I had the pleasure of attending this year’s Blockchain Futurist Conference in Toronto, where I got to moderate two panels on rebuilding the financial system through Web3 and onboarding the next wave of crypto users. The event served as another reminder that the industry’s brightest minds are still building amazing products despite current market conditions. Not to sound overly cliche, but it’s hard to be bearish on digital assets if you adopt a low-time preference.Continue Reading on Coin Telegraph More
At the time of publication, the Tornado Cash DAO was offline reportedly following a discussion in which community members voted unanimously to add its governance layer as a signatory to its treasury’s multisig wallet, which manages a reported $21.6 million. It’s unclear what was responsible for the decentralized autonomous organization (DAO) going dark, but it followed a series of actions taken by different authorities and private entities in the wake of U.S. sanctions announced against the controversial mixer on Monday.Continue Reading on Coin Telegraph More
Crypto-associated accounts such as the Edge wallet, a provider of self-custody crypto holding services, and Messari, a crypto research company, were among some of the affected. Continue Reading on Coin Telegraph More
