With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years of the internet. Industry players said however that most of these coins will collapse.
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Candidates running for election in the 2022 midterms could see a boost to their campaign war chests with the launch of a fundraising platform that will accept and process crypto donations.
The new platform, titled Engage Raise, is set to launch in July and will allow federal candidates to raise campaign cash solely through cryptocurrencies.
Crypto executives have contributed more than $30 million toward federal candidates and campaigns since the start of the 2020 election cycle, with more crypto advocates such as bitcoin investor Erik Finman become key campaign funders.
“Candidates can use our platform to connect with the crypto and blockchain community via fundraising, events, and messaging,” Martin Dobelle, CEO of Engage Labs,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...