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It is worth mentioning that this is not the first time the SEC and Chair Gensler have faced scrutiny from US politicians. In a surprising turn of events, United States Representative Tim Burchett has proposed an amendment that seeks to drastically reduce the salary of the Securities and Exchange Commission (SEC)
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A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year.In a proposed amendment to the Financial Services and General Government (FSGG), Rep. Tim Burchett suggested that Gensler’s salary be brought down to $1, as part
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A typical Web3 developer has a median salary of $128,000 in 2023.According to a recent survey by Pantera Capital, the highest Web3 engineer salaries are in North America at $166,610, followed by $102,226 in Europe, Middle East and Africa; $90,559 in Latin America; and $75,000 in the Asia-Pacific region. The survey
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Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter.In a Sept. 18 filing in United States Bankruptcy Court for the District of Delaware, FTX debtors
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ApeCoin, the buzzing cryptocurrency governed by ApeCoin DAO, is sailing in tumultuous waters with a 28% drop in value over the last week. The unsettling salary revelations of the DAO’s leadership have stirred up a storm
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The leaders of the decentralized autonomous organization (DAO) governing the ApeCoin ecosystem have been criticized by community members for what they described as “insane” salaries after the sums were published in an organizational chart. On June 10, the ApeCoin DAO secretary who goes by “Vulkan” published an organizational chart on Twitter,
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At the end of January 2022, member of the Belgian parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin (BTC). Celebrating the anniversary of this experiment, Cryptox reached out to a lawmaker to know more about his experience. Back in 2022, Beukelaer, who represents Humanist
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The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals.NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the use of cryptocurrencies like Bitcoin (BTC).Called “NCCU Crypto Cell,”
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As Bitcoin (BTC) adoption continues to sow seeds around the world, more and more people are choosing to accept the original cryptocurrency as payment for their goods and services. For individuals, that means accepting BTC as their salary.A Florida-based Bitcoin advocate called SVN (not his real name) took his entire
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Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage. Pinheiro is currently ranked 15th in her UFC division and has
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