Tag: Cryptoslate

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Commissioner Crenshaw warns SEC’s crypto policy shift threatens market trust

The US Securities and Exchange Commission’s (SEC) Commissioner Caroline Crenshaw has criticized the agency’s recent decisions to drop multiple crypto-related cases, calling the move

Upbit owner clashes with South Korean regulators in legal battle

Dunamu, the parent company of South Korea’s largest crypto exchange, Upbit, has reportedly taken legal action against the country’s Financial Intelligence Unit (FIU) over a business

Ethereum’s Vitalik Buterin calls for wallet security focus to prevent irreversible crypto losses

Ethereum co-founder Vitalik Buterin has stressed the urgent need for enhanced wallet security solutions to reduce crypto losses caused by inaccessible funds On Feb 28, Buterin shared his concerns on

Bitcoin pullback could be set up for $370k bull run price target

Bitcoin’s 27% slide from its $109,000 peak is below the 50-80% corrections often recorded in cycles since 2010, prompting questions about a rebound Data shared by Charlie Bilello on X shows that

El Salvador to focus on open-source AI development with new laws to foster innovation

El Salvador has introduced a new artificial intelligence (AI) law to foster innovation while ensuring responsible development and regulatory oversight On Feb 28, the country’s National Bitcoin

Coinbase-backed Base unveils upgrades aiming for double Solana’s speed

Ethereum Layer 2 network, Coinbase-backed Base, has introduced three key innovations to improve blockchain scalability and usability According to a Feb 27 blog post, these tools—Flashblocks, Smart

Bitcoin’s dip below $80k and crypto market turmoil as $1 trillion in unrealized profit vanishes

Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn The ongoing sell-off has erased nearly all gains

Thorchain faces developer exodus amid North Korean money laundering scandal

Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack A Thorchain developer

SEC declares memecoins are not securities in landmark staff statement

The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector

Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting

The Texas Senate Banking Committee unanimously approved a bill on Feb 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration Senate

SEC withdraws Coinbase lawsuit amid crypto regulatory pivot

The Securities and Exchange Commission (SEC) has dismissed its civil enforcement action against Coinbase Inc and Coinbase Global Inc, citing a shift in its approach to crypto regulation, according to

Revolut faces investor pressure for share sale before $1B profit report

Investors are urging Revolut to consider another secondary share sale as new stakeholders seek entry into the fintech firm, Bloomberg News reported on Feb 27 Sources familiar with the matter told the