Heads of three House committees, Patrick McHenry (NC-10) of Financial Services, French Hill (AR-02) of Digital Assets, Financial Technology and Inclusion, and Bill Huizenga (MI-04) of Oversight and Investigations, wrote to the top executives of the Federal Reserve, the FDIC,…
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Binance Walks Away from Once Promising Billion Dollar Voyager Deal
Binance.US announced in a Twitter post that it is pulling out of the deal to acquire the collapsed crypto company Voyager Digital. The biggest crypto exchange stated that it is just exercising its rights to terminate the asset purchase agreement…
Gensler Receives Powerful Lashes from Congress Majority Whip
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has been reprimanded by House Majority Whip Tom Emmer for the former’s incompetence in handling the crypto industry. The congressman commented that the actions of the SEC have forced crypto…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets. The SEC chair was admonished for the lack of clarity in regulating the crypto space. This…
Bybit Ark Anchors in the Crypto Oasis of Dubai
Bybit, one of the top cryptocurrency exchanges, has moved its headquarters to Dubai in the United Arab Emirates (UAE). The company has already received a license to operate since last year. The popular digital assets platform anchored the “Crypto Ark”…
SEC Chair to be Removed by Legislation – Rep. Davidson
Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC). He wants the position to be replaced by an executive director who reports to the board. This move is apparently…
Will the State of Montana Turn Into a Crypto Oasis With Its New Bill?
The legislature of the State of Montana passes a bill that protects the rights of crypto miners. In essence, it prohibits discriminatory power rates imposed on crypto miners and prohibits additional taxation on the use of cryptocurrency as a payment…
Binance US Delists Tron in a Surprising Move
Binance US, a branch of the world’s largest crypto exchange, has announced that it will delist two crypto projects by April 18, 2023. The exchange will delist TRON (TRX) and Spell (SPELL). The exchange did not give any detailed explanation…
Bitcoin is Hope and an Escape Route When Disaster Strikes
Bitcoin has often been described as Plan B by many of its supporters. It has been created to help the common person take back control from the financial elite. This is what Robert F. Kennedy Jr is trying to say…
Top Exchange Bitget Will Fund Exciting Projects with $100 Million
Seychelles registered derivative and copy-trading platform Bitget has launched a $100 million Asia-focused fund to invest in Web3-friendly projects. The fund’s goal is to help support the development of the next generation of crypto projects. The Bitget Web3 fund is…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
