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One in ten crypto holders want next US president to ‘eliminate crypto’

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More than a tenth of US crypto holders would favor a presidential candidate who wants to eliminate crypto from the US economy, according to a poll from the Crypto Council for Innovation. In  A Survey of Voters Holding Crypto currency Nationwide , released on Tuesday, 11% of the 454 polled said they’d back a president ial candidate who “wants to crack down on crypto currency, and work to eliminate it from the American economy, so it can’t be US ed for fraud or scams.” Conversely, 83% of respondents would prefer a candidate who “wants to write clear rules for crypto currency so that investors can continue to have choices.” Either way, it’s clear that there’s an appetite for getting a handle on digital currencies. Exactly 50% of those polled claimed that it’s either ‘very’ or ‘extremely’ important for “the President and Congress to deal with the issue of cryptocurrency .” Twenty-eight percent said it’s ‘somewhat’ important, while 22% either don’t think it’s important at all or are un...

DeFi protocol Dolomite launches vARB to bring dual functionality to ARB holders

Dolomite says vARB is a “vote-enabled ARB” token that will allow holders to participate in Arbitrum’s governance through voting. While it cannot be lent or borrowed, vARB means users can use their ARB collateral to vote. DeFi protocol Dolomite has launched vARB, a “vote-enabled ARB” token that allows holders participate in governance voting on the Arbitrum network. vARB is not a new token, and is non-transferable and non-tradable. Unlike ARB, users won’t be able to lend or borrow this token, the protocol said in a press release shared with CoinJournal. However, vARB will allow holders to tap into ARB tokens deposited as collateral to access governance and voting rights on Arbitrum. Amplify ARB voting power According to Dolomite, vARB will be held in “isolation mode” on the protocol , with users able to use them for voting on Arbitrum. That’s not possible with the ARB locked in liquidity pools and used ...

Polkadot holders shifting attention to GameFi Coins, including Galaxy Fox

Investors are skeptical of Polkadot (DOT) as it continues to underperform. Many appear to be exiting and exploring GameFi coins like Galaxy Fox (GFOX). Presently, Galaxy Fox is gaining traction, and analysts are bullish on its prospects. This article explores why some DOT holders are liquidating and examining Galaxy Fox. Polkadot Polkadot is a decentralized multi-chain network for web3. It is built using the Substrate mechanism and is scalable and secure. The framework enables the creation of compatible blockchains composed of pre-built components.  The network aims to help a fully decentralized web where users can control and deliver an interoperability protocol using shards to scale the network.  You might also like: Cardano utilizes Polkadot tech stack for partner chains Polkadot can connect private chains, public networks, and oracles, facilitating web3 and allowing independent blockchains to exchange data and transactions seamlessly.  DOT is the native cur...