Results for "clarity act"

$700K in crypto and NFTs lost in phishing attack through Vitalik Buterin’s hacked X account

According to ZachXBT, Vitalik Buterin is a "big enough target" that an X employee could have been paid off to perpetrate the hack.

CFTC settles charges against companies behind 0x (ZRX), two other DeFi protocols

The settlement cited the Commission's view that Bitcoin and Ethereum are commodities as part of its reasoning in bringing the charges.

Mirror Trading International to pay $1.7B in restitution to victims of Bitcoin investment scam

A judge found the company and its CEO liable for multiple types of fraud.

House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies

2023 has seen a barrage of federal regulatory action against malfeasance in the cryptocurrency industry. Is Congress finally poised to act?

FTX founder Sam Bankman-Fried fights against prosecutors’ evidence in upcoming fraud trial

FTX founder fights to sideline damaging evidence in looming fraud trial.

The savvy holder’s guide to NFT lending

Analyzing NFT lending growth and acknowledging the looming roadblocks.

SBF lawyers claim Sixth Amendment rights have been violated, request release

Allegations of justice system failings in FTX chief's ongoing court saga.

Grayscale wins court battle against SEC; Bitcoin jumps 6% within first hour after ruling

The case has been central to the debate surrounding Bitcoin spot ETFs, which several institutional players have applied for this year.

Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

Rep. Patrick McHenry and others warn that the Fed's new written-permission requirement may force banks out of participating in the development of the digital asset ecosystem altogether.

Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’

The House Financial Services Committee chair described the proposal as overbroad and contrary to the legislation under which it is proposed.

Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summit

The chair of the U.S. central bank once again warned that inflation rates remain too high as the economy grows at a unexpected pace.

FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC

Proposed engagement with Galaxy bolsters FTX's restructuring endeavors by monetizing crypto assets.

Thailand looks to ban Facebook next week over crypto ad scams

Gemini lawyer says the ‘SEC is floundering’ in proving its case against the exchange

The SEC has two theories — that the Loan Agreements or that Gemini Earn itself constitutes security. which Baughman called 'absurd.'

Ethereum’s new ‘Holesky’ testnet to launch in September

The new network will replace the project's current Goerli testnet.

Trove of evidence against Sam Bankman-Fried includes Caroline Ellison-authored document, ‘Things Sam is Freaking Out About’

Government prosecutors said they intend to include Caroline Ellison's writings and statements alongside a slew of other evidence against Sam Bankman-Fried.

Law expert says the amicus brief filed by 6 law scholars ‘absolutely shreds’ the SEC’s theory

In support of Coinbase, the scholars said that an 'investment contract' requires a 'contractual undertaking,' contradicting the SEC.

The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis

Senator Lummis noted that the 'SEC cannot legislate by enforcement' and to do so is a power-grab move that contravenes lawmaking.

The changing landscape of Bitcoin futures and options markets

A sharp decline in Bitcoin futures is being countered by a booming options market, showing investors are taking a more strategic and risk-averse approach to trading Bitcoin.

SEC settles with Bittrex and its ex-CEO for $24M following ‘scrubbing’ charges

The crypto exchange also faced broader charges around securities violations.