The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges.

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where teams encouraged developers to clone their code to spin up new layer 2s. Now, one project in particular, Optimism, appears to be pulling away as the clear leader.

As Donald Trump’s path toward the White House became clearer, the industry had already scored huge, getting many new allies in Congress and a serious Senate hurdle removed.

Up-to-the-minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation.

Bitcoin mining could eventually help develop a küresel index for the price of electricity, according to Sangha Renewables President Spencer Marr.

Whether Kamala Harris or Donald Trump becomes U.S. president probably won’t dictate bitcoin’s price growth.

At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus the outlook for an easy Trump victory just days ago.

Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.