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Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

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Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Väärtpaberi- ja börsikomisjon (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law…

Chip Giant Intel Abandons Bitcoin ASIC Production

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After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. Teisipäeval, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the…

EKP president Lagarde hoiatab "suure katastroofi" eest, kui USA ei täida võlakohustusi

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Viimasel ajal on palju arutletud USA üle. valitsuse võla ülemmäära ja seda, kas Kongress tegutseb enne kohustuste täitmist. Hiljutises intervjuus, Christine Lagarde, Euroopa Keskpanga president (EKP), ütles, et on kindel, et USA. saab…

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

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Sellel aastal, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

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Teisipäeval, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 miljonit. Cleanspark stated that the new fleet would add 6.3 eksahas sekundis (EH/s) of computational…

US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil

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Esmaspäeval, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDC-d), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against cryptocurrencies.” Kennedy, who recently filed…

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

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USA. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,” urging the regulator to…