Key Takeaways United States-based Bitcoin miner CleanSpark Inc. is set to significantly boost its mining capabilities, with plans to purchase up to 160,000 Bitmain S21 miners by the end of 2024, according to a recent announcement on January 8th. The…
Key Takeaways With the deadline looming for the U.S. Securities and Exchange Commission (SEC) to make a decision on spot Bitcoin exchange-traded funds (ETFs), there’s a flurry of activity among 11 applicants who have submitted 19b-4 amendment forms. The discussions…
Key Takeaways In a groundbreaking development, Shakeeb Ahmed, a senior security engineer for an international technology company, pleaded guilty in a New York court on Thursday in connection with two significant cryptocurrency hacks. Ahmed, arrested in July, was linked to…
Key Takeaways In a notable development for the cryptocurrency industry, the U.S. House Committee on Energy and Commerce has unanimously approved the Deploying American Blockchains Act of 2023, a 13-page legislation that directs the U.S. Secretary of Commerce to actively…
Key Takeaways Amid delays in SEC decisions on spot Bitcoin exchange-traded fund (ETF) applications by Franklin Templeton and Global X, BitGo’s CEO, Mike Belshe, remains optimistic about the imminent approval of a spot Bitcoin ETF. This investment vehicle allows ordinary…
Key Takeaways In a major turn of events, Irinia Dilkinska, the ex-compliance chief of the infamous OneCoin, has admitted guilt to charges of wire fraud and money laundering in a Manhattan federal court. This revelation surfaced through a statement from…
Key Takeaways Former FTX CEO Sam Bankman-Fried, known as “SBF” in the crypto world, will remain in custody until the commencement of his criminal trial on October 3rd, as per a recent order issued by a federal judge. This decision…
Key Takeaways Architect Financial Technologies, led by former FTX US President Brett Harrison, has achieved a significant milestone with its subsidiary, Architect Financial Derivatives, receiving approval from the National Futures Association (NFA) to operate independently as an introducing broker. This…
Binance.US characterizes most of the SEC's requests as "unreasonable" and "unduly burdensome."
Per the proposed legislation, brokers would be defined to encompass platforms, payment processors and certain hosted wallets.
