Ex-CFTC chair leaves without replacement pick from Trump
As of Feb. 7, the White House had not issued any statement suggesting that Donald Trump would nominate a CFTC commissioner to replace Rostin Behnam.
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Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
Galaxy Digital CEO Mike Novogratz has described the broader crypto market as being “lackadaisical” — or lacking enthusiasm — due mainly to a shying away of institutional investors from cryptocurrencies.In a June 1 interview with CNBC, Novogratz said that while the relatively small retail buyers add some stability to the market with their modest holdings,…

Blockchain adoption ‘accelerating very quickly’ in big finance — Franklin Templeton exec
Franklin Templeton executive Sandy Kaul said in a report that a pathway to reengineering the global financial markets can be seen for the first time. 110 Total views 8 Total shares Major financial firms like JPMorgan and the Hong Kong and Shanghai Banking Corporation (HSBC) have ramped up their blockchain-related activities heading into 2024, accelerating

‘Crushing’ regulations could drive Ripple out of US
Ripple co-founder Chris Larsen said the firm is considering moving to the U.K., Switzerland, Singapore, or Japan. Ripple is considering relocating to Europe or Asia amid growing frustration at the lack of regulatory clarity in the United States.Speaking to Fortune Magazine’s Jeff John Roberts at the Oct. 6 LA Blockchain Summit, Ripple co-founder Chris Larsen…

CFTC slaps $36M fine on man for 5-year crypto investor fraud
The US regulator ordered approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme.

Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing
Two unidentified parties are planning to act as sureties for Sam Bankman-Fried's bail, and his legal team wants to ensure they stay that way. 182 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to…

‘Green oasis’ for Bitcoin mining: Norway has almost 1% of global BTC hash rate
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower.The report compiled data from the Cambridge Bitcoin Electricity Consumption Index and data from Coinshares to conclude that…

Gold, Stimulus and a Futures Gap: 5 Things to Eye in Bitcoin This Week
Bitcoin (BTC) begins a new week above $10,000 and teasing investors with more gains — will it last or is a correction already guaranteed?Cointelegraph takes a look at the coming week and what it might have in store for the Bitcoin price — five factors that could take BTC/USD to the moon or back down…

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation. 916 Total views 14 Total shares One of the biggest factors differentiating Bitcoin (BTC) from fiat currency and most cryptocurrencies is the hard limit of…