Gary Gensler, who has been steering the US Securities and Exchange Commission (SEC) since April 2021, announced his resignation will take effect on January 20, 2025. This date marks a significant transition as it coincides with the inauguration of President-elect Donald Trump. Gensler describes his experience as chairman as an “honor,” expressing his admiration for
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In a landmark ruling on November 21, a federal court in Texas invalidated the Securities and Exchange Commission’s (SEC) controversial dealer rule, which aimed to extend the agency’s regulatory reach within the cryptocurrency sector. The U.S. District Court for the Northern District of Texas concluded that the SEC had overstepped its statutory boundaries, rendering the
The potential appointment of Chris Giancarlo, the former Chair of the Commodity Futures Trading Commission (CFTC), as the inaugural “crypto czar” reflects a significant pivot in U.S. cryptocurrency governance. Reportedly emerging as the top candidate for this newly proposed position, Giancarlo’s background in regulatory oversight combined with his advocacy for technological innovation positions him uniquely
On November 21st, Sui Network confronted a significant setback when its mainnet unexpectedly halted block production, leading to a prolonged two-hour disruption. This incident underscores the vulnerabilities that can arise within burgeoning blockchain systems, particularly as they aspire to compete with established players like Solana. The Sui team, which includes engineers with deep ties to
As the cryptocurrency market continues to evolve, Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a pivotal point in its price trajectory. Recently, Ethereum’s price have shown signs of consolidation after hitting a four-month high. Understanding the underlying factors driving Ethereum’s price can help investors gauge its potential future movements. In this article,
Nikolai Durov, co-founder of the Telegram messaging platform, has made substantial contributions to cryptography and mathematics. His innovative spirit serves as the catalyst for the newly announced NikolAI project. In recognition of Durov’s 44th birthday, this initiative seeks not only to honor his achievements but also to foster a vibrant community within the TON blockchain
My Neighbor Alice (MNA), a blockchain-based metaverse game, has gained significant attention since its launch at the beginning of 2023. As players increasingly find joy in its interactive environments and NFT elements, the game’s creators, spearheaded by business director Antonio Palma, are exploring ambitious expansions that promise to redefine the gaming experience. Echoing sentiments shared
In a remarkable turn of events, South Korean authorities have successfully retrieved 4.8 Bitcoin (BTC) originally linked to the notorious 2019 hack of Upbit, one of the largest cryptocurrency exchanges in South Korea. This incident was not merely a typical cyber theft; it involved a substantial amount of 342,000 Ethereum (ETH) being pilfered by suspected
The world of cryptocurrency is a double-edged sword. While it offers unprecedented opportunities for investment and financial innovation, it also creates fertile ground for fraud and deception. The Shiba Inu community, drawn together by a shared enthusiasm for this meme-based cryptocurrency, has recently found itself at the center of a troubling trend: scammers impersonating developers
The financial landscape of the United Kingdom is on the brink of a transformation with Agant’s upcoming launch of the GBPA stablecoin. This innovative digital currency, pegged to the British pound sterling, seeks to fill a critical void in the current digital asset ecosystem—namely, the lack of a reliable and regulated GBP stablecoin. With a
