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And, so it is with Sam Bankman-Fried. Turning up this week for his long-awaited trial on multiple fraud charges related to the collapse of FTX, the 31-year-old fallen crypto king gave the impression of someone who’d sobered up. He wore a gray suit, white shirt and striped tie. He tied
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto companies are currently making payments entirely wrong because they are not accounting for the most important people: the end consumers. Earlier this year, it was reported
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Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission (SEC) and an outspoken proponent of crypto, has urged lawmakers and regulators for clarity on digital assets.Speaking to Cointelegraph at the Permissionless II conference in Austin, Texas on Sept. 11, Peirce said she wouldn’t have expected
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Justin Ehrenhofer, a co-founder of Cake Wallet, is one of the most prominent Monero backers. He found the monero cryptocurrency, XMR, after developing an interest in cryptography and online data security, while growing up gay in the not-always-friendly Midwest. He's one of the sharpest minds on Crypto Twitter regarding privacy,
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A crackdown on digital assets companies is reminiscent of “choke point” targeting of gun sales, Fed Governor Jerome Powell was told. Source
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The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional. Source
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A commissioner from the Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to “self-certify” and list tokens without oversight.CFTC commissioner Christy Goldsmith Romero told an audience at a Jan. 18 University of Pennsylvania event focused on FTX that the current process wasn't adequate to
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JPMorgan Chase CEO Jamie Dimon says he “shouldn’t ever use the word hurricane” when warning about the U.S. economy. However, he insisted that there are “storm clouds” that “could be a hurricane.” JPMorgan CEO Jamie Dimon on US Economy The chief executive of global investment bank JPMorgan Chase, Jamie Dimon, discussed the
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“They might be a reflection of value … but they’re not the thing that you’re trying to optimize,” Sokolin said. “What you’re trying to actually optimize is people building things that are novel, useful and that anchor in new technology.” Source
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Artists have boycotted some exchanges that moved away from royalties. For instance, X2YX has seen trading volume drop from 11,540 ETH on Aug. 26, the day it ditched royalties, to 547 ETH, Decrypt reported. “A month ago, around 75% of NFT buyers opted-in to paying royalties on [X2Y2], when given
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