The U.S Department Of Justice Shifts Focus To Hunt DeFi Hackers
The United States Department of Justice (DoJ), a crypto tsar, is shifting its focus to hunt for Decentralized Finance (DeFi) hackers and exploiters amid the Go to Source
AiDoge Presale Smashes Pass $7.9 Million
With an ambitious plan and a presale that has already reached over $7.9 million, AiDoge is quickly becoming a hot topic among crypto enthusiasts. While Go to Source
Celsius moves $781M in stETH just as Lido withdrawals open
The bankrupt crypto lender has been moving its massive stash of staked Ethereum. It appears that embattled crypto lender Celsius is wasting no time in shifting its Ethereum staking tokens…
SEC seeks denial of Coinbase petition for imminent crypto rules
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as enforcement. The U.S. The Securities…
SEC Chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant. The chair…
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets. The G7 committee recently…
Gensler discusses Satoshi Nakamoto at Atlanta Fed Conference
The Atlanta Fed is now holding its 27th annual Financial Markets Conference with the topic “Old Challenges in New Clothes.” Gary Gensler, chairman of the Go to Source
SEC Will Continue Using Enforcement Actions As A Substitute For Rulemaking
The U.S. Securities and Exchange Commission has responded to the mandamus petition filed by Coinbase. The regulator has indicated that it will continue initiating enforcement actions in the absence of…
SEC Says Jump Trading Secretly Propped Up Do Kwon’s TerraUSD
Court filings by the U.S. SEC claim that Jump Trading entered a secret deal with Do Kwon in 2021. Jump Trading allegedly propped up Terraform Labs’ TerraUSD stablecoin a year…
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second…
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’
U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of…
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to…