US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing.
Related Posts


AI chip developer gets $100 million from Samsung and Hyundai
The AI chip developing company Tenstorrent just closed a funding round worth $100 million, which was led by manufacturing giants Samsung and Hyundai. 270 Total views 1 Total shares The artificial intelligence (AI) chip developer Tenstorrent announced the closing of a $100-million funding round on Aug. 3, which was led by major manufacturing companies Samsung and…

Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion.

To be or not to be: Ethics, democracy and morality in the nascent metaverse
The metaverse has the potential to be the next frontier of human interaction, as evidenced by the amount of activity that continues to pour into the space.It’s not just game developers pushing digital worlds but entire countries are setting up metaverse development funds. Major automotive firms, such as Nissan, are conducting trial sales in the…

Texas Senate passes Bitcoin reserve bill, New York targets memecoin rug pulls: Law Decoded
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet. Amid fears of Bitcoin (BTC) contending against the US dollar as a

Elon Musk’s support for Dogecoin grows stronger following $258B lawsuit
Musk was seemingly unshaken about the allegation as he doubled down on his love for the Dogecoin ecosystem with a tweet saying, "I will keep supporting Dogecoin." 245 Total views 15 Total shares Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support…

Bitcoin Pushes $4,100 as Oil Futures See Losses
Thursday, March 28 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) stays over $4,000.Market Visualization Courtesy of Coin360Bitcoin is up nearly half a percent on the day, trading at around $4,087, according to CoinMarketCap. Looking at its weekly chart, the current…

Bitfinex Bitcoin long positions reach $5.1B — Is someone buying or hedging?
Analysts speculate that the Bitcoin bull run is ready to resume after Bitfinex longs soar to $5.1 billion. Are they mistaken?

AlphaBay darknet market moderator sentenced to 11 years in Jail
‘Criminals cannot hide behind technology to break the law,’ a US attorney stated. One of the men responsible for moderating content on the now defunct AlphaBay darknet market will be in jail until 2031.According to a Sept. 1 statement from the U.S. Department of Justice, 26-year-old Bryan Connor Herrell was sentenced to 11 years in…