Cryptocurrency News

Before the crypto exchange FTX collapsed, the company and several senior executives, including Sam Bankman-Fried (SBF), poured tens of millions of dollars into Washington, recruited former government officials, and championed legislation billed as consumer protection. To this very day, some critics believe FTX’s broader ambition was regulatory capture, a strategy in which one of an…Read More

On Sunday night, Senate Republicans released an updated draft of the CLARITY Act with changes to the ethics and other relevant provisions to sway Democrats to vote for the bill on Tuesday. However, it is still unclear whether these changes will be enough for Democrats to support the bill. Senate Republicans Update CLARITY Act With…Read More

Bank of Russia Governor Elvira Nabiullina stated that the digital ruble launch had progressed smoothly and that the number of accounts had jumped by nearly 87,000 over ten days, prompted by the instrument’s novelty and users’ curiosity to test how it works. Bank of Russia Reveals Digital Ruble Accounts Rose to Record Levels Since Its…Read More

According to a myriad of reports, a drone strike reportedly launched from Iraq paralyzed Saudi Arabia’s East-West Pipeline, also known as Petroline. Between the pipeline and the Strait of Hormuz disruption, Brent crude oil prices jumped 3% to $109 a barrel. Petroline Strike Sends Oil to $109 as Global Markets Flinch Earlier this week, drones…Read More

According to a Substack post written by Manifund co-founder and CEO Austin Chen, former Alameda Research CEO Caroline Ellison has been hired by the 501(c)(3) charity. Chen explained that Ellison spent two months quietly working under the name “Carol” when she started. Caroline Ellison Became ‘Carol’ The girl who had a relationship with Sam Bankman-Fried…Read More

Bitcoin Magazine Bitcoin’s ‘Unusual Mix’: Bearish Inflation Print, Bullish Buyback Failure A new CoinShares report said bitcoin’s price could be hurt in the short-term but benefit in the long-term. This post Bitcoin’s ‘Unusual Mix’: Bearish Inflation Print, Bullish Buyback Failure first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft White hat hackers targeted Blocksteam’s Liquid sidechain, taking over 4,000 bitcoins. They want to keep some of the bitcoins as a reward. Blockstream isn’t happy. This post Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft first appeared on Bitcoin…Read More

Bitcoin Magazine Italy’s Second Biggest Bank UniCredit Is Weighting up Crypto Custody: Report UniCredit is working on crypto custody as other European banks work on digital asset services. This post Italy’s Second Biggest Bank UniCredit Is Weighting up Crypto Custody: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine Government Defeated as Lords Back UK Digital Assets Strategy The act would force the UK Treasury to consult a strategy for the regulation of cryptoassets, stablecoins, tokenized securities and digital financial infrastructure. This post Government Defeated as Lords Back UK Digital Assets Strategy first appeared on Bitcoin Magazine and is written by Mathew…Read More

Bitcoin Magazine Bitcoin Price Spikes, Shrugs off Hot US Inflation Data The price of bitcoin is up, despite the fact that an interest rate hike could be just around the corner. This post Bitcoin Price Spikes, Shrugs off Hot US Inflation Data first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More