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Nalezeno "cynthia": 295

Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions

17.5.2023
US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms. During a Tuesday Senate Banking Committee hearing, Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of now-collapsed...

Senators slam bank execs for blaming collapses on crypto, pocketing millions

17.5.2023
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse

US Sen. Cynthia Lummis Criticizes Signature Bank Executive for Blaming Crypto for Its Downfall

16.5.2023
Sen. Cynthia Lummis said she found it disappointing that a former crypto-friendly Signature Bank executive is not taking the blame for the failed bank, while criticizing his wordiness about crypto. The Wyoming Republican, who has advocated for crypto, questioned Signature Bank’s former Chairman...

A Year Later, Pokémon Legends: Arceus’ Incomplete Story Remains The Series’ Most Compelling

8.5.2023
Are you ever playing a Pokémon game like Scarlet and Violet, happily running around the open world catching critters and having a good ol’ time, when you suddenly remember Game Freak stranded the protagonists of Pokémon Diamond and Pearl in the ancient past with no means of returning to their...

US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...

Congressman McHenry announces joint hearings to address market structure around digital assets

29.4.2023
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand

U.S. House Will Have Crypto Bill in 2 Months: McHenry

29.4.2023
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services...

Senator Cynthia 'Crypto Queen' Lummis: Lack of Laws Pushing Industry Overseas

20.3.2023
The senator from Wyoming – a speaker at CoinDesk's Consensus festival - on crypto's prospects in Washington D.C

U.S. lawmakers argue SEC accounting policy places crypto customers at risk

3.3.2023
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

3.3.2023
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

25.2.2023
On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves...

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

7.2.2023
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through...

DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case

3.2.2023
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally...

Decentralized Twitter alternative goes live on Apple's App Store

1.2.2023
The Damus app is powered by Nostr which uses decentralized relays to distribute end-to-end encrypted messages

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...

All The Big Pokémon Games, Ranked From Worst To Best

13.1.2023
Last year, we got not one, but two big Pokémon games in Pokémon Legends: Arceus and Pokémon Scarlet and Violet. It was a big year for the franchise, and despite some technical troubles, it feels like the series is truly evolving in some significant ways. As such, what better time to revisit...