united states

  • Sam Bankman-Fried’s holding company files for bankruptcy

    • February 3, 2023
    • Posted by: Bogdan
    • Category: Bankruptcy, business, emergent fidelity technologies, Sam Bankman-Fried, united states
    No Comments

    Emergent Fidelity Technologies, a Sam Bankman-Fried holding company based in Antigua and Barbuda, has filed for bankruptcy protection. According to court records filed on Feb. 3, Emergent Fidelity Technologies submitted a voluntary petition to declare bankruptcy under a Chapter 11 filing in United States Bankruptcy Court for the District of Delaware. The company was already

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  • CFTC head looks to new Congress for action on crypto regulation

    • February 3, 2023
    • Posted by: Bogdan
    • Category: cftc, Cryptocurrencies, government, regulation, united states
    No Comments

    Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, has said he will be continuing efforts for the agency to regulate non-security tokens. In remarks released for a Feb. 3 American Bar Association event, Behnam pointed to “bankruptcies, failures, and runs” as part of the justification for Congress to give the

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  • US Congress to hold ‘crypto crash’ hearing on Feb. 14

    • February 3, 2023
    • Posted by: Bogdan
    • Category: congress, FTX, government, regulation, united states
    No Comments

    United States lawmakers with the Senate Banking Committee have scheduled a second hearing exploring the impact of a crypto market crash. In a Feb. 3 announcement, Senate Banking Committee chair Sherrod Brown said senators would convene on Feb. 14 in a hearing titled ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’. The

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  • Alleged Mango Markets exploiter waives bail during hearing in federal court

    • February 2, 2023
    • Posted by: Bogdan
    • Category: Crimes, law, Mango Markets, regulation, united states
    No Comments

    Lawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in the criminal case involving commodities fraud, commodities market manipulation and wire fraud. According to accounts of social media users present on Feb. 2, Mango Markets user Avraham Eisenberg’s legal team waived his right to bail

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  • Senate Banking Committee’s priorities for new Congress include crypto: Report

    • February 2, 2023
    • Posted by: Bogdan
    • Category: congress, Cryptocurrencies, law, regulation, united states
    No Comments

    South Carolina Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans to develop “a bipartisan regulatory framework” for cryptocurrencies. According to a Feb. 2 report from Politico, Scott included the crypto framework as one of his priorities for the 118th Congress. He reportedly was skeptical of some aspects

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  • Community mocks Charlie Munger for his obsession with China’s Bitcoin ban

    • February 2, 2023
    • Posted by: Bogdan
    • Category: Berkshire Hathaway, China, Freedom, united states
    No Comments

    The cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger for calling the United States to follow in the footsteps of China in banning crypto. In an op-ed article on The Wall Street Journal, the 99-year-old investment veteran has once again slammed crypto, calling a cryptocurrency a “gambling contract with a nearly 100% edge

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  • US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group

    • February 1, 2023
    • Posted by: Bogdan
    • Category: Bitcoin Wallet, regulation, Russia, sanctions, united states
    No Comments

    The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list of Specially Designated Nationals. In a Feb. 1 announcement, OFAC said it had added one Bitcoin (BTC) address and one Ether (ETH) address

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  • Bitcoin advocate Najah Roberts explains why BTC is a tool for empowerment

    • February 1, 2023
    • Posted by: Bogdan
    • Category: bitcoin, Black Americans, BTC, Crypto, Crypto exchange, cryptocurrency, equality, financial literacy, Freedom, generational wealth, sovereignty, united states, wealth gap
    No Comments

    If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial infrastructure.  While all of those boxes might be ticked, another phenomenon of financial technology, and technology

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  • Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program

    • January 31, 2023
    • Posted by: Bogdan
    • Category: government, Security, Technology, united states, US Government
    No Comments

    Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.  According to the announcement, the investment will be used to develop blockchain

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  • Bitcoin mining advocate is going state-to-state to educate US lawmakers

    • January 31, 2023
    • Posted by: Bogdan
    • Category: Bitcoin Mining, Energy Consumption, Proof-of-Work, regulation, united states
    No Comments

    Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation. Porter, who first discovered Bitcoin (BTC) in 2017, told Cointelegraph his path on advocating the benefits of mining has taken him to

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