Browsing Category
Bitcoin
US Lawmakers Seek to Fire SEC Chair Gary Gensler in 2024
Two U.S. lawmakers have joined forces in an effort to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler. “2024 would be a great time to fire Gary Gensler, pass the SEC Stabilization Act, hold the SEC accountable for…
DOJ Halts Second Trial Against FTX’s Bankman Fried, Citing Sufficiency of Initial Evidence and…
On Dec. 29, 2023, past 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) conveyed in a letter to Judge Lewis Kaplan its decision to not move forward with a subsequent trial against Sam Bankman-Fried, the ex-CEO of FTX.
FTX’s…
Senate Ethics Committee Urged to Investigate Senator Elizabeth Warren on Misleading Crypto…
The CEO of the Chamber of Digital Commerce says the Senate Ethics Committee should launch a full investigation on Senator Elizabeth Warren for making false and misleading statements about crypto. “Senator Elizabeth Warren has misled…
Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin…
In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in…
Argentina’s President Javier Milei Sends Omnibus Bill to Congress, Seeking Legislative Powers
Argentina’s President Javier Milei has sent a massive new bill to Congress to adopt a scheme of regulations to advance his goal of modernizing the Argentine state. If approved, the bill would allow Milei to legislate by executive…
Vitalik Buterin Reflects on Web3’s Diminishing Vision Amidst Rising Transaction Fees
In a candid evaluation of the current state of Web3, Ethereum co-founder Vitalik Buterin laments the fading vision of a decentralized internet. Buterin emphasizes the stifling effect of rising crypto transaction fees on innovation and…
Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.
First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in bitcoin and crypto markets in context for Dec. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’
Tether CEO Paolo Ardoino made a retrospective about the company’s growth since its beginnings. In a post in X, Ardoino celebrated the current standing of the company, with its USDT stablecoin reaching a $91.5 billion market cap on…