Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority
The Blockchain Association filed an amicus brief on Feb. 13 in the United States Securities and Exchange Commission case against former Coinbase Global product manager Ishan Wahi…
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The official committee of Celsius creditors is proposing to sue Celsius co-founder Alex Mashinsky and other executives for “fraud, recklessness, gross mismanagement and self-interested conduct” that eventually…
Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
The price of Ether (ETH) declined 10.2% between Jan. 8 and Jan. 10, and has since been range trading near the $1,500 level. More importantly, on a…
Ethereum staking giant Lido mulls choices for its $30M ETH
The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether…
Crypto regulation decided by Congress, not the SEC: Blockchain Association
Despite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal reality” and Congress will ultimately decide crypto regulations the policy expert…
crypto industry will probably move to non-dollar stablecoins
The crypto industry will “probably” start using euro, yen, or Singapore dollar based stablecoins in the future, reducing its reliance on US dollar based stablecoins, according to…
Circle squashes rumors of planned SEC enforcement action
USD Coin (USDC) issuer Circle has denied rumors that it received a “Wells Notice” over its United States dollar-pegged stablecoin. On Feb. 14, a now-deleted tweet from…
Citadel Securities Bets On Silvergate, Shares Rise 17%
The market-making firm Citadel Securities, owned by Ken Griffin, has recently made a big bet on the crypto-friendly Silvergate Bank, worth $25 million, according to a filing…
El Salvador To Open A Bitcoin Embassy In Texas
A new link between the Central American nation and Texas has been borne out of Bitcoin. After opening its first Bitcoin Embassy in Lugano, Switzerland, El Salvador…
Charity tied to former FTX exec made $150M from insider trading: Report
Polaris Ventures, a charity created by former FTX and Alameda chief of staff Ruairi Donnelly, reportedly wants to access roughly $150 million earned from insider trading on…