The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S. according to a former top advisor in president Joe Biden’s administration.Daleep Singh — a former Deputy National Security Advisor for International Economics in the Biden administration — made AdvisorCBDCCrowdCryptoEcosystemExBidenStatesUnited Read More
“Ethereum and Bitcoin, the two oldest and largest blockchain projects, are both still using PoW which is widely (and rightly) considered wasteful,” Mihailo Bjelic, co-founder of Polygon, told CryptoX in an email. “Lately that has started to significantly impact the public opinion about Ethereum as a development platform and some BuildersCrowdDeFiEthereumMergespeakWrong Read More
Kenya President-Elect William Ruto is "assumed" to be a better hope for the crypto community in Kenya than the losing candidate Raila Odinga, according to local crypto experts.
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The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset securities” in an Initial Coin Offering his company conducted in 2018.The SEC alleges in a Jan. 6 complaint that Sproule’s company, Metavine, Inc. 33MComplaintCrowdFilesICOMachineOperatorSECUnregistered Read More
“As alleged, Sproule and Crowd Machine misled investors about how they were using ICO proceeds, spending funds on an entirely unrelated scheme,” Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit said in the statement. “We will continue to hold accountable issuers of digital asset securities who fail to ChargesCrowdCryptoFounderFraudMachineSECStartup Read More
It may be a sign that bitcoin is yet to find a bottom. “Just look at the previous spikes in the buy the dip calls and you’ll notice that they’ve often come early (like back in April and May, respectively) and tend to be accompanied by another leg down before appearsBitcoinBuyCrowdDipHighHopiumtrends Read More