Arkbit crypto mining MLM fraud busted by Texas regulators

May 29, 2024
The Last Cryptocurency
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Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.

Clayton, who stepped down from the SEC in 2020, joins the regulatory advisory council at One River Asset Management. 206 Total views 2 Total shares Three months after resigning from the United States Securities and Exchange Commission, or SEC, Jay Clayton has joined the advisory board at crypto investment manager One River Asset Management, signaling…

Crypto and blockchain will outpace outdated banking systems: Eric Trump

Eric Trump thinks that the new administration led by his father will create transparent and sensible regulation for the crypto industry.

Hut 8 agrees to develop mining site to build equity with Celsius creditors

Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy. 198 Total views 2 Total shares The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the

Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial. 276 Total views 1 Total shares Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange…

Stretched thin? Wrapped Bitcoin assets may encourage supply crisis

WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon 2805 Total views 19 Total shares In a blog post of Friday, Binance re-introduced BTCB to the world — a wrapped Bitcoin asset intended to bring liquidity from the world's largest cryptocurrency, BTC, to Binance Smart Chain's…

Marshall Islands legally recognizes DAOs as domestic limited liability companies

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools. 58 Total views 2 Total shares Own this piece of crypto historyCollect this article as NFTThe Republic of the Marshall Islands, an independent island state located in the Pacific Ocean near the Equator, has announced that the Decentralized…

Bitfinex Securities announces tokenized bond

Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising. 353 Total views 3 Total shares Bitfinex Securities, a platform focused on listing real-world tokenized securities has announced its first tokenized bond that will be listed later in November this year.

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USDC issuer Circle adds Arbitrum to Web3 platform

It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.

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