Industry
Stablecoin issuers have spent over $1.3 million lobbying Congress since 2022
According to recent data, stablecoin issuers including Tether, Circle and others have spent more than $1 million lobbying lawmakers on Capitol Hill since the start of 2022.Seth RowdenBlockchain arms race at risk of being won by 'hostile nations' - US crypto lobby
A blockchain lobby group backed by firms including Goldman Sachs, Citigroup, Circle and Fidelity is urging the US Congress to pass a legal framework for digital assets or risk falling behind other countries.Herman HayesCoin Cafe Ordered to Repay $4.3M in Fees That 'Wiped' Investors' Bitcoin Accounts
Cryptocurrency trading platform Coin Cafe has been ordered to repay its users $4.3 million for allegedly charging “exorbitant and undisclosed fees” for storing bitcoin on the platform — causing some accounts to be completely drained of funds.Herman HayesFTX Recovers $244M From 'Overinflated' Embed Acquisition
FTX's leadership hopes to recover more than $240 million from insiders and executives who benefited from FTX's “crazy inflation” acquisition of stock clearing platform Embed in September.Seth RowdenBitcoin Miami Group Rejects 'Battle' Talk Against Regulators
During the Bitcoin 2023 event in Miami on May 18, three speakers at an industry day discussed government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.”Seth RowdenUS House Stablecoin Hearing Focuses on Competition Regulation Bill
State vs. federal regulation was a key issue at the May 18 US House of Representatives hearing on stablecoins.Seth RowdenItaly sets aside millions for workers at risk of AI replacement
Italy has gone back and forth on the emergence of artificial intelligence (AI) after the country's lawmakers announced funding for those at risk of losing their jobs to automation.Seth RowdenWells Fargo pays $1 billion in shareholder lawsuit settlement
Financial services company Wells Fargo has settled a class action lawsuit, agreeing to pay $1 billion to shareholders. The suit charges the bank misled shareholders about its efforts to resolve a 2016 fake-accounts scandal.Seth RowdenGrayscale and Bitwise distance themselves from ether futures ETF plans
Two prominent crypto asset managers Grayscale Investments and Bitwise Asset Management have halted their Ether, Futures exchange-traded fund (ETF) schemes have come under increasing scrutiny from US regulators.Seth RowdenSEC Hinman documents may be public by June 6, lawyer says
Defense attorney and former US Attorney James K. Filan expects documents of the infamous Hinman speech to be publicly released by June 6, citing a previous court order.Herman HayesAfter gruesome murder, South Korean lawmakers rallied in support of crypto rules in May
South Korean lawmakers are pushing for stricter regulation of digital assets following a gruesome murder involving digital assets.Seth RowdenSEC warns that Filecoin "meets definition of a security"
The US Securities and Exchange Commission (SEC) has asked Grayscale Investments to withdraw its application for the Filecoin Trust, warning that its underlying asset Filecoin, can be regarded as a kind of security.Seth RowdenCryptocurrency will never be legal due to FATF, says Pakistani finance minister
According to multiple local media reports, Pakistani Minister of State for Finance and Taxation Aisha Ghaus Pasha said at a meeting of the Senate Standing Committee on Finance and Taxation on May 16Seth RowdenChinese state-owned Greenland applies for Hong Kong virtual asset trading license
According to the South China Morning Post, a subsidiary of Greenland Holdings is applying for a virtual asset trading license in Hong Kong. It is the first Chinese state-owned company to do so.Seth RowdenOpenAI CEO Sam Altman Tests at 'Historic' Senate AI Safety Hearing
Sam Altman, CEO of OpenAI and co-founder of Worldcoin, recently tested before Congress along with Christina Montgomery, IBM's director of trust, and NYU professor Gary Marcus.Seth RowdenUpdated European Tax Directive Requires Reporting of All Crypto Asset Transfers
The European Council has approved updated rules extending tax reporting requirements to include transfers of crypto assets.Herman HayesBlockFi bought $30M in insurance with customers' money, creditor claims
Disgruntled creditors of bankrupt cryptocurrency lending firm BlockFi have filed a new court filing in response to the company's latest restructuring plan.Herman HayesCoinShares Posts Highest Quarterly Earnings Since Q1 2022
Cryptocurrency investment group CoinShares recently released its earnings report for the first quarter of 2023, saying it "returned to profitability."Herman HayesCrypto Community Reacts to Ledger Wallet's Secret Recovery Phrase Service
Several members of the cryptocurrency community, including Ledger wallet owners, have taken to social media to air their distress following the release of Ledger's latest feature.Seth RowdenLibra-linked Sui blockchain fixes critical bug that put 'billions' at risk
According to a May 16 announcement from Zellic, the security firm hired to audit the network's security, the Sui blockchain network has quietly fixed a vulnerability that could have put “billions of dollars” at risk.Herman Hayes
Top
View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
Top Gainers
View more | |
 | |
 | |
 | |
 |
Top Trending
View more | |
| |
 | |
 | |
 |
Recently added
View more | |
 | |
 | |
 | |
 |