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Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency
Video of SEC chair praising Algorand resurfaces after recently deeming it a security
18.4.2023
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...
Sotheby's Auction House Revives Glitch Art Auction, New Gamer Uncovers $50,000 NFT
17.4.2023
Auction house Sotheby's has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch.
The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the "glitch art" movement, the auction house...
U.S. Congress to introduce new draft bill for stablecoins
15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country
US House Committee Publishes Draft Stablecoin Bill
15.4.2023
The stablecoin is the first major piece of crypto legislation in 2023
London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service
13.4.2023
On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan...
House of Lee touches over 10,000 mints
13.4.2023
Bruce Lee tragically left the world in 1973, leaving behind his family that now continues his legacy. There is a lot to talk about in that direction, but the focus, for now, is on the House of Lee. The NFT by the Lee Family in collaboration with Shibuya and pplpleasr. According to the announcement...
Montana ‘right to mine’ crypto bill passes the House
13.4.2023
The legislation has already passed through Senate voting in February and will now make it to the table of Governor Greg Gianforte
Bill limiting incentives for crypto miners passes Texas Senate, moves to House
12.4.2023
Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13
Google ChatGPT rival AI faces in-house resistance: Report
10.4.2023
A new report reveals that two former Google employees were vocal about their concerns for society over the release of the company’s new AI chatbot
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
8.4.2023
The Arkansas Data Centers Act is moving now to the governor's office for approval. It grants crypto miners in the State the same rights as data centers
White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’
6.4.2023
President John F. Kennedy's nephew also worries that the government will seize the public’s Bitcoin
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...
Hogwarts Legacy Proves Harry Potter Should Leave Slytherin Behind
5.4.2023
When I was a kid at the peak of Harry Potter mania, I considered myself a Slytherin. As a child, I didn’t think much about the larger connotations of that. As an angsty emo kid, it felt like an extension of identifying as an edgy little shit when all my friends proudly proclaimed they were part...
US President Joe Biden urges tech firms to address risks of AI
5.4.2023
President Biden urges technology companies to prioritize secure AI products before public release, stressing the need to address potential risks to society, national security and the economy
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
3.4.2023
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of...
The Biden Administration Is Politicizing Crypto
31.3.2023
With crypto exchange Coinbase (COIN) last week receiving a Wells Notice signaling impending action from the SEC, and with the CFTC this week suing Binance, another crypto exchange, it feels like the crypto industry is at war with the U.S. government. This could get bad
SEC's Gensler seeks $2.4B in funding to chase down crypto 'misconduct'
30.3.2023
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
White House report takes aim at Bybit — and forgot about Deribit
25.3.2023
The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space