Regulation Crypto is here: State of Crypto
The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment.
Crypto
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
Crypto advocates join in suing Illinois over digital asset tax
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.
MANTRA Halts Chain, Bitcoin Miners Bet on AI, Crypto Phishing Targets 885K Numbers
Today in crypto, MANTRA’s token fell to an all-time low amid a precautionary halt. Bitcoin miners are pouring billions into AI and high-performance computing even as revenue trails investment, while a newly uncovered phishing operation targeted about 885,000 phone numbers worldwide. MANTRA token sinks 18%… Read More
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won’t sit idle.
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.