Cryptocurrency Analysis and News Portal
Crypto exchange FTX’s collapse and overall crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin Corp., according to Hut 8 CEO Jamie Leverton. On Feb. 8, Leverton said that the merger was mainly about providing diversified revenue and helping scale
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U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains How Her Crypto Bill Would Prevent the FTX Catastrophe U.S. Senator Cynthia Lummis (R-WY)
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Caroline Crenshaw, a commissioner at the U.S. Securities and Exchange Commission (SEC) has said the “safe harbor” proposal would have exacerbated the problems seen during the initial coin offering (ICO) boom of 2017 and 2018. Crenshaw made the remarks during the annual “SEC Speaks” event this month, and posted her
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Elon Musk has warned Tesla employees about risks to their stock price. Likening TSLA to a soufflé, Musk fears a “sledgehammer” should their future profits come into question. Tesla stock fell 4% at the open of trade on Wednesday. A leaked email from Elon Musk to his employees suggested the billionaire fears any
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