Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

How large is the power of SEC and the US Regulators?

The SEC recently ambushed Sushiswap, Justin Sun, and Coinbase Sushi got subpoenaed Justin Sun charged Coinbase receives wells notice No doubt, Ethereum is already decentralised enough. But does the US have the power to shut down upgradable dapps built on Ethereum? Does the US have the power to shut dow centralised sequencer of L2s? To…
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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges, the token’s value may turn […]

Kraken is the only Major US Exchange never to be Hacked, and it was founded in 2011.

While Coinbase has never been hacked for it's coins, it has experienced breaches affecting thousands of users, and had its employee information breached In fishing campaign. Kraken has had none of that. Besides the obvious 2-Factor Authentication, and the fact they keep most customer funds on cold storage, you can thank their regular rigorous testing…
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'How did this happen' — Powell says Fed stumped over the collapse of SVB

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.”

Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy

A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as […]

FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.

Did the SEC just attempt to tank crypto?

Right after the FOMC meeting, the SEC announced several charges and/or intent to investigate several claims, including some that look quite weak / insignificant. ​ This included Coinbase, Justin Sun, Lindsey Lohan, Jake Paul, and others. The timing truly couldn't be better, and it is strange to include all of these in one day. ​…
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Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone

Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward […]

Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

submitted by /u/Ok_Play_7144 [link] [comments]

Jake Paul among 8 celebrities charged by SEC for ‘illegally touting’ crypto scheme

Well deserved or SEC crap? submitted by /u/Luddites_Unite [link] [comments]