House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
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Anheuser-Busch considers integrating blockchain further into its beer production line
The company is testing a new blockchain pilot that would give customers the power to track their beer’s barley by the bottle. 2461 Total views 21 Total shares Anheuser-Busch InBev, the parent entity of Budweiser, Corona and many other beer brands, recently began to pilot a platform which lets end-customers track their malt beverages on the blockchain.…

Florida Man Charged Over $1.6M ‘Compcoin’ Scam
The United States Commodity Futures Trade Commission (CFTC) has filed a complaint against Florida resident Alan Friedland for fraudulently raising $1.6 million through a cryptocurrency tied to a forex trading scheme.The April 16 filing accuses Friedland and his companies Fintech Investment Group, Inc and Compcoin LLC of illegally soliciting investments and publishing “untrue and materially…

Blockchain Capital Limited Co-Founder: We’ll See One or a Handful of Cryptos Win
Disclaimer: This article previously read that Gavin Brown was the co-founder of Blockchain Capital, when indeed he is the co-founder of a different firm, Blockchain Capital Ltd. The name of the firm has been changed to reflect the correct nomenclature.Blockchain Capital Limited co-founder Gavin Brown said that he expects that there will be only one…

Charles Hoskinson and ETH dev get into a war of words post-Vasil upgrade
Hoskinson called Ethereum Merge a flawed PoS implementation, claiming custodial staking would create issues for the network in the long run. 659 Total views 20 Total shares Charles Hoskinson, the founder of Cardano and co-founder of Ethereum blockchain, got into a war of words with Ethereum developers on the implementation of proof-of-stake (PoS) consensus via…

New Booking CEO: Crypto Will Continue to Grow Mainly Outside the US
CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and gain more popularity.Glenn Fogel, recently appointed CEO of Booking, expressed his support of cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto alongside with major issues in…

Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
The current BTC price boost may not be a natural phenomenon any longer, new research says. 310 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum.BTC/USD 1-hour candle chart (Bitstamp). Source:…

This crypto mining operator was named Bitmain’s sole North American cooperative repair center
North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain.According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs…

Nvidia fails to sell as many crypto-mining GPUs as expected in Q2
The company expects a minimal contribution from its cryptocurrency mining processor sales going forward. 566 Total views 10 Total shares Nvidia beat the expectations by generating over $6.5 billion in revenue, but the chip manufacturer missed the target for its crypto-mining GPU line.The California-based tech giant announced its financial results for its second fiscal quarter…