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5 lowlights of Gary Gensler’s evasive testimony before Congress

The U.S. SEC chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.

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Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

Regulatory concerns continue to impact the entire crypto market, and this week’s BTC options expiry could play a decisive role in pushing the Bitcoin price under $26,000.

Continue ReadingBitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

Continue ReadingHours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence

Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently…

Continue ReadingCrypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence

US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’

The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency…

Continue ReadingUS Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’