In this edition of the weekly recap, two solo miners independently secured block rewards worth approximately $300,000 each, a social engineering attack resulted in $282 million in stolen cryptocurrency, and Strategy announced its largest Bitcoin purchase. Independent miners achieve improbable…
The US Senate Banking Committee, led by Chairman Tim Scott, has postponed the markup of a crypto market structure bill that was scheduled for Thursday. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and…
PENGU price is pressing into a descending trendline just as the Securities and Exchange Commission pushes back its decision on a Pudgy Penguins exchange-traded fund. At the time of writing, PENGU was trading around $0.012, up 0.2% over the last…
The U.S. Securities and Exchange Commission’s deputy director of the Division of Corporation Finance, Cicely LaMothe, has announced her retirement after a 24-year tenure with the commission, during which she supported several pro-crypto initiatives that helped lay the groundwork for…
Bitcoin Magazine
SEC Charges Bitcoin Miner for Duping Investors Out of $48. 5 Million
A solo bitcoin miner was charged by the SEC for misappropriating $48. 5 million from investors by selling bogus mining hosting agreements that promised passive income.
The SEC ends another investigation... this time it's Aave. Cases involving crypto firms like Coinbase, Kraken, and Uniswap Labs have either been dismissed or dropped.
The SEC’s Office of Investor Education and Assistance issued a bulletin warning retail investors about crypto asset custody risks. The guidance covers how investors can store and access digital assets through crypto wallets, which hold private keys rather than the…