Much of the hearing focused on non-crypto issues, including a looming shutdown of the federal government and whether the SEC is focusing too much on climate or other issues. As in previous hearings, Wednesday’s meeting saw an acute partisan divide, with influential Democrats praising Gensler and Republicans alleging he was …
Read More »Jade Protocol Faces Calls to Liquidate $31M Token Treasury
Stormy legal questions and the brutal crypto winter have combined to freeze out crypto trading volume as well as Jade’s deal flow, according to the investor, who joined Jade’s Discord server in July 2022. “The DAO poses a major investment risk to all token holders,” VampireOfCrypto said in the post.
Read More »Terraform Labs Founder Do Kwon Opposes SEC’s Extradition Request
The document, filed on Wednesday in the U.S. District Court for the Southern District of New York, shows Kwon’s lawyers are opposing any opportunity for the stablecoin creator to offer testimony to U.S. regulators. The lawyers argue that it would be «impossible» to bring Kwon to the U.S. because he …
Read More »With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
My view is if a U.S. spot bitcoin ETF gets approved, there should be little argument for holding up a spot ether ETF. And Grayscale itself has said it plans to convert ETHE and other products to ETFs. I wouldn’t hold your breath when it comes to SOL, ATOM or …
Read More »Binance CMO Hails Istanbul as a Crypto Hub
Speaking to Serdar Turan, the Editor-in-Chief of CoinDesk Türkiye, in the lead up to Binance Blockchain Week in early November, Conlan said: «I think we have an enormous potential and opportunity in Web3, and it’s one of the reasons I’ve been drawn to this industry three years ago. The major …
Read More »Bitcoin Miner Marathon Reportedly Mines Invalid BTC Block
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Read More »Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
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Read More »Shiba Inu Ecosystem Token Bone Jumps 10% as Developers Take Key Security Step
In crypto circles, renouncing a smart contract means that the contract’s creator will no longer have control over it – giving investors a sense of security as the contract can no longer be changed or updated, and is hence saved from possible manipulation by the contract creator.
Read More »The Government Shutting Down Isn’t Great for Crypto
The House of Representatives does not look particularly close to a deal on keeping the federal government running in the short term, with House Speaker Kevin McCarthy facing dissatisfaction from his right flank, decreasing the chances of a continuing resolution that would keep federal employees paid.
Read More »Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
“This partnership amalgamates the expertise of a reputable institution with the technological and philosophical foundations of Web3,” Simon Seojoon Kim, CEO & Managing Partner, Hashed, said in a release. “I am confident that this partnership will significantly nurture the growth of the Web3 ecosystem, extending its influence not only across …
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