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Crypto Tokens Are Recognized as Commodities by CFTC Chairman within Current Legislation

Benito Cormi3 years ago2 min read

Gap in Regulation The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has emphasized that many digital assets are considered commodities under current law.…

US Lawmakers Criticize SEC and Chair Gensler’s Lack of Clear Crypto Industry Regulation

Benito Cormi3 years ago3 min read

The SEC’s Lack of Clarity on Crypto Regulation Lawmakers in the US have criticized the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler for…

Goldman Sachs: Anticipate Delayed Increase in Bitcoin Value Following Approval of Spot Bitcoin ETF

Benito Cormi3 years ago2 min read

Goldman Sachs Doesn’t Expect Immediate Surge in BTC Price with Spot Bitcoin ETF Approval According to Goldman Sachs, the approval of spot bitcoin exchange-traded funds (ETFs)…

SEC Rejects Coinbase’s Plea for Transparent Cryptocurrency Regulations – Exchange Counters by Suing the Regulatory Authority

Benito Cormi3 years ago3 min read

SEC Rejects Coinbase’s Petition, Coinbase Takes Legal Action The U.S. Securities and Exchange Commission (SEC) has denied the petition filed by cryptocurrency exchange Coinbase Global, seeking…

SEC Engages in 4 Meetings with Blackrock Regarding Approval of Spot Bitcoin ETF Application

Benito Cormi3 years ago2 min read

Blackrock Holds Fourth Meeting with SEC This week, several companies have engaged in discussions with the U.S. Securities and Exchange Commission (SEC) regarding their spot bitcoin…

Safemoon’s Chapter 7 Bankruptcy Protection Filing Amidst Securities and Wire Fraud Allegations

Benito Cormi3 years ago2 min read

Safemoon US Files Chapter 7 Bankruptcy Safemoon US, the company behind safemoon.com, has voluntarily entered Chapter 7 bankruptcy proceedings in the District of Utah. This type…

Data Breach at Shakepay Crypto App Affects a ‘Limited Number’ of Users

Benito Cormi3 years ago3 min read

Shakepay Responds to Data Breach, Provides Free Credit Monitoring Shakepay, the Canadian crypto app that allows users to trade bitcoin (BTC) and ethereum (ETH), has announced…

Surging Transaction Fees Trigger Debate and Drive L2 Solutions Amid Mempool Backlog – Bitcoin Fees Reach $40

Benito Cormi3 years ago2 min read

Skyrocketing Transaction Fees Reach $40 Bitcoin transaction fees have surged to a high of $40 per transaction on Saturday, Dec. 16, 2023, surpassing the previous record…

Bitcoin Mining Concentration Reaches Record Levels, Recalling 2013 Trends

Benito Cormi3 years ago3 min read

An Unprecedented Concentration in Bitcoin Mining Pools In the last 72 hours, Antpool and Foundry USA have taken control of over 50% of Bitcoin’s overall hashrate.…

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