Coinbase adds former Rep. Kendrick Meek as House tees up crypto vote
Former Rep. Kendrick Meek (D-Fla.) will join Coinbase’s global advisory board, the crypto trading giant first told The Hill. Meek’s addition to the Global Advisory Council comes ahead of the House vote on the Financial Innovation and Technology for the 21st Century Act, also known as FIT21. What FIT21 makes is Major changes Regulation of […]
Biden may rethink SAB 121 vote veto due to political support for crypto – Cointelegraph
On May 16, 2024, a majority of the U.S. Senate passed the Congressional Review Act (CRA) to review Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 121 (SAB 121). Passed by US Senate H.J.Res. 109 The vote was 60-38, an unprecedented turnout for a U.S. Congress. In addition to the excellent support of HJRes. […]
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal – CNBC
The Brooklyn U.S. Attorney’s Office said in a statement that from 2019 to 2022, Thomas John Sfraga, 55, “was the owner and president of multiple companies, including Vandelay Contracting Corporation and Build Strong Homes LLC. “I was doing it,” he announced. George, a character from the TV show Seinfeld, [Costanza] Falsely claimed to have been […]
Two Chinese nationals arrested in $73M ‘pig butchering’ crypto scam
U.S. authorities have charged two Chinese nationals with a cryptocurrency scam that laundered at least $73 million from victims. The Ministry of Justice stated: Friday. U.S. authorities arrested Zhang Yicheng in Los Angeles on Thursday, according to an indictment unsealed later that day in the U.S. District Court for the Central District of California. Darren […]
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat – CoinDesk
The U.S. Senate on Thursday joined the House in calling for the removal of the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, but President Joe Biden vetoed the resolution. He declared that he would exercise the right. Although the Senate voted 60-38 to overturn the policy, commonly […]
Brothers arrested in alleged $25M crypto fraud scheme: DOJ
Coin Stories podcast host Natalie Brunel reacts to Sam Bankman-Freeze being sentenced to 25 years in prison on Claman Countdown. Federal authorities have arrested two brothers on suspicion of carrying out an elaborate scheme to steal millions of dollars worth of cryptocurrency. Officials say this is the first incident of its kind. of United States […]
MIT-educated brothers allegedly stole $25M in crypto in just 12 seconds
Two brothers who studied at the Massachusetts Institute of Technology were arrested Wednesday on U.S. charges for carrying out a cutting-edge scheme to exploit the integrity of the Ethereum blockchain and steal $25 million worth of cryptocurrencies. Federal prosecutors in Manhattan called the plot by Anton Perer-Bueno, 24, and James Perer-Bueno, 28, “novel” and said […]
Current XRP Cycle May See Prices Reach as High as $250: Analyst – The Crypto Basic
Crypto analyst Brock Bull predicts that XRP could soar to $250 by 2025, as past cycles and Bitcoin’s halving trend suggest a bullish outlook. ing. XRP Cryptocurrency analyst and Youtuber Brock Bull has once again garnered attention, predicting that prices will rise dramatically by 2025. Block Bull’s latest research suggests that XRP could reach $250 […]
Billionaire Cuban Says SEC Should Take Page Out of Japan's Crypto Playbook – U.Today
Alex Dovnya Mark Cuban says Gary Gensler can learn from Japan Read U.TODAY google news in recent posts On the X social media network, billionaire Mark Cuban suggested that U.S. Securities and Exchange Commission Chairman Gary Gensler take up Japan’s cryptocurrency strategy. Cuban pointed out that Japan could learn from the collapse of now-defunct cryptocurrency […]
WIF crypto price prediction: Will the memecoin hit $10 amidst recent dip? – AMBCrypto News
A breakout of the $3.25 resistance could propel WIF to $6.50. The supply of stablecoins has shown that market participants have the purchasing power to drive prices up. Solana-based meme coin Dogwifhat [WIF] Its value has decreased by 16.36% in the past 30 days. This performance was in contrast to the price trend where WIF […]