Jan. 6 panel highlights GOP lawmaker involvement with Trump’s DOJ meddling

Update 5:36 p.m.: Days after Jan. 6, 2021, Republican lawmakers who strategized with then-President Donald Trump asked top White House officials to help arrange for pardons, according to testimony released Thursday by the select panel investigating the Capitol attack. Several top Trump White House aides at the time, including special assistant Cassidy Hutchinson and aide Johnny McEntee, described outreach from multiple members of Congress seeking clemency: Reps. Andy Biggs (R-Ariz.), Louie Gohmert (R-Texas), Scott Perry (R-Pa.), Marjorie Taylor Greene (R-Ga.) and Matt Gaetz (R-Fla.). Additionally, according to the former Trump…

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Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’

During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before the collapse, but lost a great portion of his net worth following the aftermath. Do Kwon Speaks About the Terra LUNA Collapse Do Kwon has recently discussed the LUNA and UST fallout during an interview with the WSJ contributors Alexander Osipovich and…

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E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the company has purchased the NFT marketplace Knownorigin. Last February, Ebay’s chief executive officer, Jamie Iannone, discussed NFTs, cryptocurrencies, and how the company continues to “evaluate other forms of payments.” Knownorigin is a UK-based company and according…

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DOJ searches home of ex-official who aided alleged pro-Trump ‘coup’

Law enforcement officials searched the Virginia home of former top Justice Department official Jeffrey Clark, according to his employer and former Trump administration colleague. Russ Vought, who served as former President Donald Trump’s White House budget director and now works with Clark at the Center for Renewing America, tweeted that on Wednesday “more than a dozen DOJ law enforcement officials searched Jeff Clark’s house in a pre dawn raid, put him in the streets in his pjs, and took his electronic devices.” A spokesperson for the U.S. Attorney’s Office in…

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Supreme Court strikes down New York gun law along ideological lines

The Supreme Court has ruled in favor of gun owners who want to carry their weapons outside the home, striking down New York state’s rules giving local officials broad authority to deny such permits for almost any reason. The 6-3 decision, which divided the court along the usual ideological lines, is the latest in a series of moves by the increasingly conservative high court to adopt a muscular interpretation of the right to bear arms found in the Second Amendment to the Constitution. The ruling Thursday expanding gun rights came…

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‘Frightful in its scope’: Hochul to call special session after SCOTUS gun decision

NEW YORK — Gov. Kathy Hochul called a Supreme Court ruling striking down a strict New York gun law “frightful in its scope” on Thursday, as she warned the justices’ decision will “place millions of New Yorkers in harm’s way.” Hochul vowed to quickly call state lawmakers back into session to pass new legislation in response to the decision, which reverses a law that places certain limits on who can carry firearms in public. “This decision isn’t just reckless. It’s reprehensible. It’s not what New Yorkers want,” Hochul said at…

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Senate clears major hurdle toward passing gun safety bill

The Senate on Thursday took a critical step on the bipartisan gun safety legislation, clearing the way for a passage vote no later than the end of the week. In a 65-34 vote, 15 Republicans joined all Senate Democrats in moving forward. Ahead of the vote, Majority Leader Chuck Schumer said the Senate could pass the final bill as soon as Thursday with GOP cooperation. However, if any one of the 100 senators objects, final passage could occur as late as Friday night, briefly delaying the chamber’s planned two-week recess.…

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Why this gun safety deal could be the last one for a generation

Democrats are calling the Senate’s bipartisan gun safety bill a first step to combat gun violence. The reality is, the second step isn’t coming anytime soon. The chamber is on the cusp of passing Congress’ most significant gun safety legislation in nearly 30 years. And even as Democrats hail that progress, they’ve described the package as a compromise that brings them closer to broader gun policy goals, such as expanding background checks and banning assault weapons. But it took nearly a decade between the elementary school mass shootings in Newtown,…

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California concealed carry laws could be out the window under SCOTUS decision

California’s concealed-carry permitting rules will almost certainly become more lax under a U.S. Supreme Court decision Thursday nullifying a similar framework in New York. Like New York, California gives local law enforcement some discretion in issuing permits — a commonality that Justice Clarence Thomas specifically noted in his opinion striking down New York’s rules. California law requires sheriffs and police departments to consider whether applicants are morally upstanding and have cause for a permit, in addition to imposing a training requirement. Those rules could soon dissolve. The California Rifle and…

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Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds

According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by the end of this month. The Three Arrows Contagion: 3AC Owes $655 Million to Voyager Digital — Management Has Set a Repayment Date 3AC’s financial hardships have seemingly started a contagion throughout the crypto industry…

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Cryptostone Announces CPS Token Launch Date for Its Revolutionary Financial Ecosystem

PRESS RELEASE. Cryptostone, a genuinely anonymous, No-KYC blockchain financial ecosystem, has announced the token sale date for the CPS token. After a successful pre-sales round, which has raised over two million USD from thousands of followers, the token will be available for public sale from June 30, 2022. The project is creating the next evolution of blockchain, a world where cross-border payments, SME fundraising, and crypto trading will happen just as they ought to. The significant outcomes of Cryptostone (token: CPS, on Binance smart chain) will be equity, inclusion, and…

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Trump-McCarthy tension still climbing as Jan. 6 hearings draw out

As Donald Trump publicly second-guesses Kevin McCarthy over the Jan. 6 hearings, House Republicans once again risk getting caught between their conference leader and the former president. Trump’s criticism of McCarthy comes nearly a year after the minority leader yanked three picks for the Capitol riot committee in response to Speaker Nancy Pelosi’s veto of two others. While McCarthy didn’t run that move by his conference, House Republicans largely accepted it — some of his allies even pushed it — despite private predictions that Trump might come to dislike the…

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Jan. 6 panel set to dig into Trump’s DOJ meddling

Donald Trump’s bid to seize a second term that he didn’t win ran into an early obstacle: The Justice Department kept debunking his false claims of fraud. On Thursday, the Jan. 6 select committee hopes to reveal new information about that chapter of the 2020 election. Rather than accepting his advisers’ evidence that no widespread fraud affected the outcome, Trump demanded that DOJ legitimize his subversion — and when it didn’t, he developed a plan to replace its leadership with more pliable officials. At its fifth public hearing, focused on…

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Opinion | A Criminal Case Is Unfolding at the Jan. 6 Hearings — Against Trump’s Lawyer

Few people have gone from relative obscurity to public pariah as quickly as John Eastman. A year and a half ago, Eastman was an oddly dressed rally speaker fulminating about imaginary voter fraud. He stood on the same stage as former President Donald Trump before a crowd in Washington that included many who would go on to take part in the siege of the U.S. Capitol. The former Trump adviser now finds himself in the deeply uncomfortable but well-deserved position of being one of the most reviled lawyers in America.…

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Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20 

MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today, hitting a 12-day high in the process. Polygon (MATIC) MATIC was one of the standout movers in crypto markets on Thursday, as the token re-entered the top-20 list. Following a low of $0.4042 on Wednesday, MATIC/USD surged to an intraday peak of $0.5145 earlier today. This move saw MATIC become the world’s 18th…

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Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports

The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value in euros, including details of transactions with the addresses of origin and destination. Spanish Treasury Proposes New Crypto Rules Spain is sharpening its taxing apparatus when it comes to cryptocurrency holders. The Spanish Treasury has proposed a new set of rules that will apply to…

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Book bombs: Trump aide tell-alls fail to sell

A year after Donald Trump lost the 2020 election, his former chief of staff Mark Meadows released a tell-all book about his 10 months in the White House that promised to be a “frank, candid account” of running Trump’s chaotic West Wing. The buzz around it was heavy. But in the publishing world, it was a bust. “The Chief’s Chief” has sold only 21,569 books, according to NPD Bookscan, a market research firm that tracks book sales. And it’s not the only book by an ex-Trump aide that has failed…

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Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off

Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day. Following Wednesday’s low of $19,848.08, BTC/USD rose to an intraday high of $20,835.75, earlier in today’s session. This move comes as bulls seem set to once again break out of the current resistance at $21,100, which…

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Meta, Microsoft, and Others Launch Metaverse Standards Group

Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate. The Metaverse Standard Forum Is Born While the metaverse is a loose concept that each company interprets and builds according to its own will, some think it is important to connect these individual worlds. This is why…

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The Dem governors who could run in 2024 if Biden doesn’t

llinois Gov. J.B. Pritzker trekked to New Hampshire last weekend to rally Democrats for abortion rights. New Jersey Gov. Phil Murphy’s allies launched a federal super PAC and a nonprofit, which have aired $2 million in TV ads about Murphy’s inflation-fighting efforts. And California Gov. Gavin Newsom has appointed himself the Democratic pugilist-in-chief, calling his party too timid and joining Donald Trump’s social media platform, Truth Social, to challenge Republicans on their own turf. Let it be said: President Joe Biden has made clear he plans to run again. But the…

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The New Battles Roiling the Left

The Democratic Party’s internal divisions usually are cast as disputes between centrists and the left. The intense focus on this dynamic, however, tends to obscure a growing and possibly more consequential argument within progressive ranks. The fight is becoming bitter. On one side are people who believe in what can be thought of as a unified field theory of political and social change. Diverse issues, from climate change to abortion rights to racial equity, are seen as intimately interwoven, and progress on one priority will only be achieved with simultaneous…

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Dems vow they’ll do more on gun safety — but it could take years

Democrats are calling the Senate’s bipartisan gun safety bill a first step to combat gun violence. The reality is, the second step isn’t coming anytime soon. The chamber is on the cusp of passing Congress’ most significant gun safety legislation in nearly 30 years. And even as Democrats hail that progress, they’ve described the package as a compromise that brings them closer to broader gun policy goals, such as expanding background checks and banning assault weapons. But it took nearly a decade between the elementary school mass shootings in Newtown,…

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Russia to Trial Digital Ruble Settlements for Real Estate Deals

The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart Contracts on Digital Ruble Platform Russia’s central bank intends to start implementing smart contracts with the digital ruble next April, the daily Izvestia unveiled this week, quoting the regulator. Until then, the new incarnation of the national fiat will be put to…

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Cardano Vasil Hard Fork Postponed to Allow for More Testing

A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was “taking an abundance of caution to ensure that we do this deployment correctly.” More Time Needed The core Input-Output Global (IOG) team working to facilitate a Cardano Testnet upgrade announced recently that it had “agreed” to delay sending the Vasil…

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LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts

PRESS RELEASE. Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees and freezing withdrawals, LBank makes a move in the right lines. At the moment, the exchange is hiring from all parts of the world including Indonesia, Philippines, Morocco, Turkey, Nigeria, India, etc., to add to its team members located in over 14 countries. The…

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A top progressive firm signed Rick Caruso as a client. Its staff revolted.

One of the country’s leading progressive digital firms has been embroiled for months in internal staff turmoil over the work it’s done on behalf of Los Angeles mayoral contender Rick Caruso. At least two employees at the firm, Aisle 518 Strategies, have left, in part because of its association with the billionaire real estate developer who has bankrolled Republicans and backed anti-abortion politicians before deciding to run as a Democrat in the mayoral primary this year. Those former employees, who spoke to POLITICO on the condition of anonymity, said only…

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Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact

The war rages on. But President Joe Biden’s mission is now very different. When Biden was last in Europe, just weeks after Russia’s invasion of Ukraine, his task was to pull together an uncertain alliance stunned by Vladimir Putin’s onslaught and heartened by Kyiv’s unexpected success in resisting it. But now Biden heads back across the Atlantic for a pair of summits with a new assignment: to keep the continent committed to the cause as the invasion settles into a grueling, bloody battle of attrition that could last for many…

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Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor and hedge fund manager Seth Klarman shared his views on a variety of topics, including cryptocurrency, gold, and the U.S. dollar, in an interview with Harvard Business School, released this week. Klarman is the chief executive and portfolio manager of the Baupost…

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BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off

The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point, you really have to face the music.” BIS on Crypto Weaknesses The Bank of International Settlements (BIS) has warned that the danger of decentralized digital money is materializing. The BIS explained in its Annual Economic Report, published Tuesday, that the crypto market sell-off and the collapse of cryptocurrency terra…

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