US Senators Elizabeth Warren and Charles Grassley have initiated a formal request for a detailed account of interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). The request, made through a letter dated April 12, aims to shed light on potential regulatory failures in light of Bankman-Fried’s
The provincial government of Buenos Aires has taken legal action against Worldcoin for allegedly violating consumer laws with its user agreement. The government claims that the agreement contains abusive clauses that allow Worldcoin to interrupt services without providing repair or reimbursement to users. Additionally, users are required to surrender their rights to collective complaints, with
Discussions between House leaders and Senate Majority Leader Chuck Schumer have raised the possibility of taking action on stablecoin legislation during this summer’s session. This key area of financial technology is in need of regulatory clarity, and House Financial Services Chair Patrick McHenry and ranking member Maxine Waters recently met with Schumer to discuss this
In the current state of the broader crypto market, the bears have regained control, causing a shift in focus towards on-chain micro-cap markets. This shift is attributed to concerns surrounding the Iran/Israel situation and the impact of strong US economic data. Bitcoin, a significant player in the market, has seen fluctuations in its trading price,
As the fourth Bitcoin Halving event approaches, there has been a lot of speculation surrounding the potential impact on the cryptocurrency market. Lady of Crypto, a respected market analyst and trader, recently shared her insights on the matter. She addressed claims suggesting an early start to the bull cycle due to Bitcoin breaking its all-time
The partnership between Dentsu Inc. and Chiru Labs has resulted in the creation of an anime anthology series titled “Enter The Garden” that incorporates the globally popular Azuki NFT project. Directed by Goro Taniguchi, a renowned figure in the anime industry, this trilogy promises to offer a unique viewing experience for anime enthusiasts around the
Bitcoin (BTC) experienced a significant drop in price over the weekend, falling to $60,850 before partially recovering to around $64,500. This sudden price movement has prompted veteran trader Peter Brandt to offer his insights on the situation. Brandt, known for his expertise in market patterns, has described the recent dip as a potential turning point
Binance executive Nadeem Anjarwalla is currently facing extradition from Kenya after escaping custody in Nigeria. The Nigerian government is working in collaboration with Interpol and Kenyan authorities to bring Anjarwalla back to face charges related to the alleged manipulation of the Naira and the facilitation of illicit funds transactions through Binance. Anjarwalla managed to escape
Bitcoin analyst Willy Woo has expressed optimistic price projections for Bitcoin (BTC) in the future. According to his calculations, BTC could reach $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle with the full deployment of cryptocurrency exchange-traded funds (ETFs). Woo highlighted that asset management firms like
In a groundbreaking move, step-and-earn app STEPN has partnered with global sportswear giant Adidas to introduce a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This collaboration signals the start of a year-long alliance between the two companies, promising more NFT releases and wearable items down the line. The Solana-based generative NFT collection consists of
