U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
A dozen Democrats joined 48 Republicans in voting to repeal SAB 121.
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How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
First came “The Bait.” In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of “maximal extractable value,” known as MEV.
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French Securities Regulator Warns Investors Against Crypto Exchange Bybit
The exchange has been blacklisted by the AMF since May 2022 for non-compliance with French regulations.
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U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
The Department released its 2024 strategy for addressing illicit financing on Thursday.
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Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
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As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency’s Long-Term Prospects Even Among Conservative Pros
Wisconsin’s state pension put $160 million into BlackRock and Grayscale’s Bitcoin ETFs, showing even risk-averse investors are able to embrace crypto and possibly presaging a “slowly building wave of demand.”
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Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
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Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain
4.5% of the supply had been set aside for users on Binance Launchpool and OKX Jumpstart.
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Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
Georgetown Law professor Christopher Brummer is leaping into crypto disclosure services as CEO of the new company, backed by Robinhood and a former PayPal chief.