A new Arbitrum protocol makes it possible to directly mine new Bitcoin (BTC) without having to run your own expensive ASIC machines. Lumerin—a decentralized data stream routing project—has turned Bitcoin hash power into a tradable, liquid asset that can be bought and sold in a peer-to-peer marketplace using smart contracts. “Bitcoin miners will have a frictionless path toward buying and…
SEC Chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. Financial Services Committ… Source: https://cointelegraph.com/app/public/index.php/news/gensler-testimony-crypto-enforcement-actions-due-to-noncompliance
The U.S. state of Texas accounts for over 28% of all Bitcoin (BTC) hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry USA. The newly updated map shows Texas with 28.5% of all Bitcoin hash rate in the country, followed by the states of Georgia claiming 9.64% hash rate, New York…
Patrick McHenry led efforts starting in February to obtain communication records between SEC and Justice Department staff over the arrest of Sam Bankman-Fried. Source: https://cointelegraph.com/app/public/index.php/news/house-committee-threatens-subpoena-ftx-documents
We Need to Start Thinking About How we Make Crypto Easy to Use: Robinhood Crypto General Manager Decrypt’s Stacy Elliott sat down with Robinhood Crypto general manager Johann Kerbrat at Messari Mainnet 2023, to talk about the trading platform’s crypto wallet, onboarding new users through simplicity, and keeping platform fees sustainable. Source: https://decrypt.co/videos/live-events/PLZ0FpdC/we-need-to-start-thinking-about-how-we-make-crypto-easy-to-use-robinhood-crypto-general-manager
Gary Gensler—chairman of the US Securities and Exchange Commission (SEC) – stood before the House Financial Services Committee (HFSC) on Wednesday for the first time since a judge sided with Grayscale in its appeal against the agency in August. Patrick McHenry (R-NC), the committee’s chairman, and other crypto-supportive members have frequently blasted Gensler’s aggressive handling of the crypto markets. Today,…
Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY) rose to a new year-to-date high. This is a mildly positive sign as it shows a lack of aggressive selling at lower levels. Bitcoin remains stuck inside a range and the directionless price action has…
A federal judge has granted a motion from the legal team for Sam Bankman-Fried (SBF) allowing the former FTX CEO to wear business attire during his first criminal trial. In a Sept. 27 order filed in United States District Court for the Southern District of New York, Judge Lewis Kaplan said the United States Marshals Service and the Metropolitan Detention…
Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch. According to the September 27 announcement, only professional investors, or individuals possessing an investment portfolio with a value exceeding 8 million Hong Kong dollars ($1 million), as defined…
Most Crypto Users Don’t Trust Themselves to Keep Their Seed Phrase Safe: Ledger CEO Decrypt’s Stacy Elliott sat down with Ledger CEO Pascal Gauthier to discuss crypto custody post-FTX, and the hardware wallet manufacturer’s controversial Ledger Recover service. Source: https://decrypt.co/videos/live-events/0kYf2Qed/most-crypto-users-dont-trust-themselves-to-keep-their-seed-phrase-safe-ledger-ceo
