PANews reported on August 20th that the Mitosis Foundation, a modular liquidity protocol, announced that registration for the $MITO Genesis airdrop will open at 00:00 UTC on August 20th and run until August 26th. The airdrop represents 10% of the total supply of 1 billion $MITO. Participants can choose to claim all $MITO immediately or lock up $tMITO, redeeming it for 2.5x the $MITO and additional rewards after 180 days. Eligibility includes protocol testers, community contributors, NFT holders, and others. Failure to claim within the specified timeframe will result in disqualification. Officials caution that $MITO has not yet launched, so be wary of scams.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
