Bernstein expects ‘aggressive’ rulemaking from SEC, CFTC, following CLARITY Act failure

Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday. Bernstein analysts expect “aggressive and swift” rulemaking from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), after the Digital Asset Market Clarity (CLARITY) Act…

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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report

Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers. Ethiopia has reportedly reduced electricity delivered to Bitcoin miners to 23% of contracted levels as lower water inflows strain the country’s hydroelectric reservoirs. On Tuesday, Bloomberg reported that El Niño intensified…

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Crystal Lake: Peacock Unveils Trailer, Photos & Poster for Friday the 13th Prequel Series

Crystal Lake arrives next month on Peacock, and viewers are getting a closer look at the Friday the 13th prequel series. The streaming service has released a trailer, new photos, and a poster for the thriller. Linda Cardellini, William Catlett, Devin Kessler, Cameron Scoggins, Gwendolyn Sundstrom, Callum Vinson, Nick Cordileone, Joy Suprano, Danielle Kotch, and…

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AI has been a ‘net negative’ for crypto: Phemex CEO

Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization. Phemex CEO Federico Variola says AI has been a ‘net negative’ for crypto, despite the crypto exchange announcing an AI-focused transformation earlier this year.  Speaking on Cointelegraph’s Chain Reaction, Variola said…

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Crystal Lake: Peacock Unveils Trailer, Photos & Poster for Friday the 13th Prequel Series

Crystal Lake arrives next month on Peacock, and viewers are getting a closer look at the Friday the 13th prequel series. The streaming service has released a trailer, new photos, and a poster for the thriller. Linda Cardellini, William Catlett, Devin Kessler, Cameron Scoggins, Gwendolyn Sundstrom, Callum Vinson, Nick Cordileone, Joy Suprano, Danielle Kotch, and…

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US charges ex-Robinhood engineers over alleged pre-listing crypto trades

The former employees allegedly earned more than $50,000 each by trading Hyperliquid perpetuals ahead of Robinhood token listings. US prosecutors on Tuesday charged two former Robinhood engineers with commodities fraud and wire fraud for allegedly using confidential information about upcoming cryptocurrency listings to profit from perpetual futures trades on Hyperliquid.  According to the US Department…

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