SkyBridge Capital’s founder Anthony Scaramucci announced a collaboration with U.S. Vice President Kamala Harris to shape her campaign’s digital asset policies, signaling a progressive tilt away from anti-crypto figures within the Democratic Party. During the TOKEN2049 conference, Scaramucci revealed that a team of cryptocurrency advocates is actively guiding Harris to adopt industry-friendly stances, distancing her from notable critics like Senator Elizabeth Warren and SEC Chair Gary Gensler.

Scaramucci expressed optimism about the partnership’s direction, highlighting scheduled discussions with Harris that could further align her policies with the interests of the crypto community. This initiative marks a significant shift, potentially positioning the Democrats closer to a bipartisan approach on cryptocurrency regulation ahead of the upcoming elections.

The move comes amid increasing support for cryptocurrency from various political figures, including former President Donald Trump, who recently emphasized making the U.S. a global hub for digital assets. As the political landscape evolves, these developments suggest a growing acknowledgment of cryptocurrency’s significance in shaping future economic policies.

CNBC

Around 250 BTC from the early days of Bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each moving around 50 BTC to new wallets. The total value of the transfers was close to $16 million.

The coins were originally mined in January 2009, just months after Bitcoin’s launch, and have lain dormant since. Arkham blockchain analysis shows the wallets are not linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto.

The original wallets that moved the coins are: 1CGT3Ywaa2upJfWtUtbXonDPNTfZPWqzmA,…

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The final event of the America Loves Crypto tour took place yesterday in Washington, D.C. as the country counts down to the 2024 election. Speakers including Coinbase CEO Brian Armstrong, ConSensys CEO Joseph Lubin, and Congressman Wiley Nickel (D-NC) addressed the maximum capacity crowd at the Black Cat music venue.

The speakers largely agreed on one idea: the importance of supporting cryptocurrency in America through a concerted bi-partisan effort.

In their shared stage appearance, Brian Armstrong and Congressman Nickel noted that they see it as critical to keep and foster cryptocurrency innovation in America.

This importance, for Nickel in particular, is not so solely founded on a…

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Hut 8 Corp. (Nasdaq | TSX: HUT), a leading Bitcoin mining company, has expanded its partnership with BITMAIN Technologies Ltd., the world’s largest producer of Bitcoin mining servers, to launch the U3S21EXPH, a next-generation ASIC miner. This model will be the first mass-commercialized miner to feature direct liquid-to-chip (DLC) cooling within a U form factor.

Hut 8 plans to deploy the new miner in the second quarter of 2025, with an initial hosting agreement handling approximately 15 exahash per second (EH/s). This hosting deployment, facilitated by custom-built data center infrastructure developed in-house by Hut 8, is a key part of the company’s strategy to expand its computing…

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