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SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors

22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

8.5.2024
Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday. The post Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong appeared first on Cryptonews

Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services

Bitcoin miner Riot Platforms reports record $211M Q1 net income

2.5.2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine

U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance

1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...

MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

30.4.2024
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account

Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH

26.4.2024
NFT art collection, CryptoPunks, has sold another record breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X. It marks the latest high-value transaction for the digital art company after selling another rare...

Rare Alien CryptoPunk NFT Sells For Record Breaking $12.38 Million ETH

REZ tokenomics statement on Binance depegs Renzo’s ezETH 18.3%

25.4.2024
The fall of the Renzo restaking token was within minutes before its ultimate recovery, and it trades below ether as of now. This trend is probably due to the user’s intention to exit ezETH after getting an idea about Renzo restaking token’s totally confusing distribution plan. Some crypto experts...

FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms

19.4.2024
Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement. The post FBI, Europol...

Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments

17.4.2024
The Bank of Israel is launching a sandbox environment for testing CBDC said in a statement use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications. The post Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments...

Peter Schiff Predicts Bitcoin To Drop to $20K Price Level

15.4.2024
On April 14, well-known Bitcoin critic Peter Schiff projected that the price of BTC may drop to $20K. Additionally, he issued a cautionary statement, stating that in the event of a price collapse, Microstrategy—the biggest corporate Bitcoin holder—may lose an estimated $2.7 billion. The post Peter...

Craig Wright Drops Norwegian Defamation Appeal Over Satoshi Nakamoto Claims

12.4.2024
Craig Wright, an Australian computer scientist who claims to be bitcoin founder Satoshi Nakamoto, has dropped his appeal in a Norway defamation case against well-known X user Hodlonaut (a.k.a. A Marcus Granath), a statement posted to X Thursday by Bitcoiner alleges. News of Wright's failed appeal...

London Mayoral Candidate Brian Rose Plans To Give Constituents £100 Worth Of New Crypto Token If Elected

11.4.2024
Brian Rose, a candidate for mayor of London, revealed he would give city residents £100 worth of a new crypto token if elected as part of his plans to make the capital a “crypto-friendly city,” a statement posted by the mayoral hopeful posted to X reveals. If elected, Londoners would have...

Polygon CEO’s statement on Ethereum #1 issue

9.4.2024
Polygon CEO Marc Boiron has released another Ethereum statement, claiming that competition between Layer 2 chains poses a serious danger to Ethereum. Marc Boiron, known for his outspokenness, points out that competition among Layer 2 solutions is a significant challenge for Ethereum. According...

Blockstream CEO Adam Back Criticizes MicroStrategy Short ETF as ‘Terrible Product’

8.4.2024
Blockstream CEO Adam Back chastised the recently released Defiance 2X Short MSTR ETF (exchange-traded fund). According to the SEC statement, the Defiance ETF, which was proposed on March 7, was filed under the TIDAL TRUST II financial organization. The post Blockstream CEO Adam Back Criticizes...

Ethereum Fees and Revenue Increase by 80% in Q1, Earnings Triple Quarter over Quarter

3.4.2024
The Ethereum network has experienced significant growth in the first quarter of 2024, with positive performance across various income statement metrics. The post Ethereum Fees and Revenue Increase by 80% in Q1, Earnings Triple Quarter over Quarter appeared first on Cryptonews

Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports

2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...

CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action

29.3.2024
Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action" following the agency's KuCoin charges, saying it might “infringe upon the SEC’s authority.” The post CFTC...

Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams' Statement

28.3.2024