Fun

News Feed - 2023-09-01 04:09:00

Turner Wright5 hours agoHurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donationsThe storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.619 Total views24 Total sharesListen to article 0:00NewsJoin us on social networksFlorida Gov. Ron DeSantis canceled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. 


According to an Aug. 29 report from the Miami Herald, DeSantis canceled a cocktail-hour fundraiser for his 2024 presidential campaign in which he was expected to start accepting donations in crypto. The cancellation was due to the approach of Hurricane Idalia — a storm that hit Florida’s coastline on Aug. 30 before moving into Georgia.


DeSantis appeared to abstain from campaign events in advance of the hurricane passing through Florida. He took to social media channels and press conferences to inform residents about evacuation orders and other relevant information.Overnight, #Idalia strengthened and now has sustained hurricane-force winds.

It is still expected to make landfall at Florida’s Big Bend as a major hurricane tomorrow. If you are in the path of this storm, now is the time to finalize your preparations. Continue to follow @FLSERT… pic.twitter.com/3yCSHtIJIK— Ron DeSantis (@GovRonDeSantis) August 29, 2023


Since announcing his campaign in May to seek the Republican Party nomination for president of the United States, DeSantis has taken certain positions relevant to digital asset users. In July, he vowed to ban central bank digital currencies, or CBDCs, should he win the presidency.


According to DeSantis’ campaign website, the candidate was only accepting fiat donations using a credit card. Cointelegraph reached out to the campaign for comment but did not receive a response at the time of publication.


DeSantis, who is trailing by double digits to former President Donald Trump according to several polls, would be one of only a handful of candidates to accept donations in cryptocurrencies like Bitcoin (BTC) or Ether (ETH). Miami Mayor Francis Suarezannounced he would be accepting crypto campaign contributions in August but dropped out of the race after failing to qualify for the first Republican Party debate.


Campaigns for Republican candidate Vivek Ramaswamy and longshot Democratic candidate Robert F. Kennedy Jr. have both announced they will accept BTC contributions for their respective presidential runs. Many reports showed both Ramaswamy and Kennedy polling in the single digits as of Aug. 30 — far behind their respective party leaders, Trump and President Joe Biden.


Related:State caps or federal regulation: What"s next for political crypto donations


Historically, crypto contributions to individuals running for federal office, when accepted, have not been make-or-break for the candidates. Andrew Yang’s political action committee accepted BTC donations for his 2020 campaign, but he ended up dropping out of the race in February 2020.


Lawmakers in certain U.S. states have aimed to regulate disclosure rules for digital asset contributions or otherwise establish a limit to the amount any one person can give in crypto. In December 2022, the U.S. Federal Election Commission issued an advisory suggesting companies could provide nonfungible tokens to campaign contributors.


Magazine:How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in# Cryptocurrencies# Politics# Donations# Florida# Elections# RegulationAdd reactionAdd reactionRead moreWhat is profit and loss (PnL) and how to calculate itThe bright side of Evergrande’s collapse? More crypto volatilityMiCA: The good, the bad and the ugly of the EU’s crypto rules

News Feed

Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program Samsung, the Korean tech giant, has decided to participate in a central bank digital
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declin
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh CriticismLarge Makerdao holders decided not to compensate the victims that were liquidated during the unexpecte
Biggest Movers: LTC up 12%, Hitting a 3-Week High
Biggest Movers: LTC up 12%, Hitting a 3-Week High Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of w
Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years
Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years The Microsoft subsidiary, Github recently revealed the “Archive Program,” an initiative tha
Robert Knight11 hours agoMultiple buyers consider purchase and relaunch of ‘irreparable’ FTXRebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real ho
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bi
Consensys acquires Wallet Guard to enhance MetaMask security
Josh O"Sullivan10 hours agoConsensys acquires Wallet Guard to enhance MetaMask securityConsensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.2
Bitcoin ATM network shrinks by 334 machines in 40 days
Arijit Sarkar13 hours agoBitcoin ATM network shrinks by 334 machines in 40 daysGlobal Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions.3589 Total
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodit
Unnamed presale address amasses $33M SOL in an hour
Zoltan Vardai10 hours agoUnnamed presale address amasses $33M SOL in an hourThe ambiguous, 24-hour presale promised a bigger allocation for early investors without disclosing any specifics on the project.6812 Total views
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on ComplaintChilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transfe