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” Bitzlato and its founder face enforcement actions from US authorities “ The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder Anatoly Legkodymov. In a Jan. 18 announcement, U.S. Deputy Attorney General Lisa Monaco said authorities had taken enforcement actions against Bizlato…
” CFTC commissioner calls for global industry standards in crypto regulation “ Caroline Pham, the commissioner of the Commodity Futures Trading Commission (CFTC), has recently called on regulators to provide clearer guidance on crypto assets in 2023. In an interview with Bloomberg, Pham mentioned that discussions with global players over crypto regulations are currently ongoing….
” Bitcoin inches closer to a 10-year record, as other stats turn bullish “ The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING:…
” The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process “ The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors. In November, an over year-long court battle between the United States Securities and Exchange Commission (SEC) and blockchain development company LBRY and…
” One of the largest US colleges has begun teaching students about Bitcoin “ Classroom adoption of Bitcoin and cryptocurrency courses continue to skyrocket, with Texas A&M now being the latest U.S. College to offer a Bitcoin course to some of its 74,000+ students. The news was announced on Jan. 13 by Associate Professor Korok…
” Gary Gensler finds new audience for his crypto skepticism: The US Army “ United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11 the U.S. Army hosted its first Twitter Space of 2023 with Gensler and…
” Ex-Coinbase manager’s brother sentenced to 10 months in insider trading case “ The brother of a former Coinbase product manager, Nikhil Wahi, has been sentenced to 10 months in prison for wire fraud conspiracy charges, in what is believed to be the first insider trading case involving cryptocurrency. As reported by Reuters, Nikhil Wahi…
” US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case “ A group of four United States senators have criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John Dorsey of the U.S. Bankruptcy…
” Terra accidental airdrop leads to smear campaign, community member claims “ Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members. It all started in…
” The ‘Elon effect’ shows how opinion leaders shape the fintech market “ The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and takes. The…