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The Biden Administration Is Politicizing Crypto
31.3.2023
With crypto exchange Coinbase (COIN) last week receiving a Wells Notice signaling impending action from the SEC, and with the CFTC this week suing Binance, another crypto exchange, it feels like the crypto industry is at war with the U.S. government. This could get bad
Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off
31.3.2023
Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off
Elizabeth Warren is pushing the Senate to ban your crypto wallet
29.3.2023
Elizabeth Warren is back with an Anti-Money Laundering act that would — among other things — make it mostly illegal for you to use your own crypto wallet
'How did this happen' — Powell says Fed stumped over the collapse of SVB
23.3.2023
In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.”
U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
21.3.2023
Sen. Elizabeth Warren (D-Mass.) and another prominent colleague urged the U.S. auditing watchdog to take action against “sham audits” of crypto companies, citing the contribution of such audits to the recent stresses in the U.S. banking system
US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’
20.3.2023
U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory...
Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023
17.3.2023
Bitcoin's rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood's ARK portfolio
US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards
17.3.2023
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers with insufficient safeguards.” Emphasizing that the bank took “excessive risk,” the senator demanded answers from...
Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures
15.3.2023
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
12.3.2023
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.”...
Sen. Warren calls out 'sham audits' while SVB threatens crypto bankruptcy
11.3.2023
Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Silvergate downfall sparks debate over whose fault it actually was
9.3.2023
The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs
Crypto’s Banking Problem Is Not Ironic
6.3.2023
CZ denounces false rumor 'widely' spread on China's WeChat
5.3.2023
A Metamask security analyst stated this event was the “2023 adaptation of attempted market manipulation.”
Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin
4.3.2023
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers...
US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’
3.3.2023
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called into question the legitimacy of your business...
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
2.3.2023
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions
Binance a 'Hotbed of Illegal Financial Activity,' Senators Claim: WSJ
2.3.2023
A bipartisan grouping of three Senators has pressed the crypto exchange on allegations it sought to limit compliance