CFTC’s Pham sweeps agency’s top brass days after Trump appointment
CFTC acting Chair Caroline Pham appointed an official to handle the agency’s crypto outreach.
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Swiss Regulator FINMA Concludes That Mining Firm Envion’s ICO Was Unlawful
The Swiss Financial Market Supervisory Authority (FINMA) has finished enforcement proceedings against crypto mining firm Envion AG, the authority announced on March 27.As a result of the investigation launched in July 2018, FINMA concluded that Envion’s initial coin offering (ICO), which closed in early January 2018, was unlawful.Envion, a blockchain firm that claims to provide…

SEC tries again for Debt Box suit dismissal with option to refile
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit.

Japanese Court Finds Ex-Mt. Gox CEO Guilty of Record Tampering
Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. The news was reported by Bloomberg on March 15.The Tokyo District Court has reportedly found Karpeles guilty of mixing his personal finances with those of…

No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX. 951 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTAs the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top…

Will the Ethereum 2.0 update reduce high gas fees?
Also called Eth2 and Serenity, Ethereum 2.0 is an upgrade to the Ethereum network that promises to bring several improvements. Slated improvements to the network include reduced transaction fees, improved speed and better scalability. The update is currently in development and is expected to be rolled out in stages over the next few years. One…

New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024
The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year.In a blog post introducing the third incarnation of the stock-to-flow (S2F) model on April 27, analyst PlanB revealed fresh calculations that are taking his forecast ever higher.BTC S2FX…

Ripple Launches Office in Brazil, Targets Further Expansion Across Latin America
Ripple, the firm behind third-biggest crypto by market cap XRP, has launched a Brazilian office with the aim to expand across Latin America, Cointelegraph Brazil reports on June 10.According to the report, the official announcement will be made at CIAB Febraban, a major fintech and banking event that will place in São Paulo from June…

Beware fake conferencing software targeting crypto assets, warns SlowMist founder
An X user called “maxlin.eth” encountered a job-hunting scam where the attackers jumped into a Zoom call and tricked a potential victim into downloading a malicious app.