A father and son are dead with seven others injured after a shooting that took place after a high school graduation ceremony in Richmond, Virginia. The incident took place on Tuesday on the campus of Virginia Commonwealth University.
The past week in the decentralized finance (DeFi) ecosystem saw many new developments from an adoption perspective and protocol developments. The European Commission added a new chapter on DeFi, showing the growing impact of the nascent ecosystem, while a county in the United States State of Virginia wants to put its pension fund in a DeFi yield. DeFi exploits became the center of attention again as recent research shows that in the first two quarters of 2022, DeFi protocols have lost $1.6 billion to various exploits. Rari Fuze hacker, who got away with $80 million worth of funds, was offered a $10 million bounty. The DeFi tokens also made a bullish comeback toward the end of the past week. However, the overall weekly performance remained in the red. European Commission report suggests ret...
The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services. Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services: “A bank may provide its customers with virtual currency custody services so long as the bank has 26 adequate protocols in place to effectively manage risks and comply with applicable laws.” The bill passed Senate with a sweeping 39-0 vote and is waiting to be signed into law by Governor of Virginia Glenn Youngkin. Banks that intend to offer this service to clients will need to adhere to three specific requir...
Following a year devoid of music festivals thanks to the wrath of COVID-19, GRiZ is primed for a triumphant return with the announcement of his own curated fest. The electro-funk superstar has announced the debut of Space Camp, a bass music-fueled two-night festival at Virginia’s fabled Hampton Coliseum in December 2021. GRiZ will perform two different live sets alongside a number of his electronic music contemporaries, including CloZee, Liquid Stranger, LSDream, Chee, Common Creation, Kumarion, and EDM.com Class of 2021 artists Lucii and Moore Kismet. The inaugural Space Camp festival is scheduled for December 17th and 18th, 2021. According to a press release, the event marks GRiZ’s “most ambitious” live performances to date, which have the potential to b...
President Donald Trump says his campaign office will kick-off legal battle to challenge the victory of Joe Biden in the US poll on Monday. Joe Biden becomes US President-elect on Saturday after defeating the incumbent in the presidential poll. But Trump has rejected Biden’s victory, claiming the election was fraudulent and that he would challenge the outcome in court. Immediately Biden was declared winner, the president said in a statement from his campaign that Biden is “rushing to falsely pose as the winner,” and called the race “far from over.” The statement said the campaign’s legal battle would begin Monday. “Beginning Monday, our campaign will start prosecuting our case in court to ensure election laws are fully upheld and the rightful winner is seated. “I will not rest until the Ame...
Source: Justin Sullivan / Getty The town of Luray, Va. is best known for its caverns and as the headquarters of the sprawling Shenandoah National Park. However, the mayor of the small town is being asked to step down in the midst of a racist post comparing Joe Biden’s potential vice president pick to Aunt Jemima. As reported by WTOP, a Washington area station, Mayor Barry Presgraves took to Facebook to make the racist job, writing, “Joe Biden has just announced Aunt Jemima as his VP pick.” Presgraves, who has served as mayor of the predominately-white town of just under 5,000, has seemingly deleted the post after the chatter around wording began to gain traction online. It has been long presumed that Biden, the former vice president, will select a woman as his running mat...