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Crypto community reacts to reports of Wall St. lawyer up for SEC chair role

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https://t.co/zsy4UrjSy5 Reports of a Wall Street lawyer as a potential SEC chair candidate in Trump’s administration have divided the crypto community, with some raising concerns that his traditional finance background may lead to an anti-crypto stance.  However, others are more optimistic, speculating that his experience may lead to “thoughtful frameworks” for crypto regulation. Levin Naftalis and Frankel law firm partner Richard Farley is reportedly being considered by Trump’s transition team as a potential replacement for SEC chair and crypto skeptic Gary Gensler, according to a Nov. 7  report  by the New York Post.  Farley reports receives mixed responses Since Trump was declared the  47th US president on Nov. 6 , speculation has mounted about who might replace Gensler. Farley’s reported potential as a candidate, however, has received a mixed reaction from the crypto community. “So far, most of Trump’s top proposed picks for SEC aren’t crypto-friendly,” Adam...
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BlackRock's spot Ether ETF clocks $60.3M inflows, the highest in 94 days

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BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside  data . BlackRock’s large inflows come amid ETH hovering near $3K BlackRock’s significant inflow day came amid Ether’s  ETH $3,041.46  price hovering near the $3,000 price level for the first time since August, reaching a top of $2,971, according to CoinMarketCap  data . At the time of publication, Ether is trading at $2,970. The significant inflows come just days after Donald Trump was declared the  47th president of the United States , an event that traders have been linking to the spike in inflows. It follows seven days of ETHA collectively amassing a total of $84.3 million in inflows. Meanwhile, Fidelity Ethereum Fund (FETH) notched $18.4 million i...
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Benefits Of Storing Election Data On Decentralized Databases

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Benefits Of Storing Election Data On Decentralized Databases   Recording and storing election data is becoming more critical than ever for ensuring the transparency and integrity of democratic processes.  
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